Business news

Funds from IPOs hits a nine-year high in April-June quarter of FY2017

IPOs scheduled for the second half (July to Dec) of the fiscal might bring even bigger bounty than the first half (Jan to June).

Jul 4, 2016

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Hero Motocorp workers at Gurgaon unit to get salary hike

However, the hike of about Rs. 12,500 over three years, effective from August 2015, is lower than the Rs. 18,000 the workers were demanding.

Jul 4, 2016

Kingfisher and UB Group chairman Vijay Mallya

Kingfisher Airlines' financial details lost without backup

The financial data is a crucial link in the alleged fraud in transfer of funds and other nonpayment of dues by the Airlines.

Jul 4, 2016

SBI to Govt Panel: ready for a one-time settlement with Vijay Mallya

The bank was ready for a haircut with some existing bad loans and it is not insisting on payment of interest upon interest, says a report

Jul 4, 2016

Real Estate aggregator Zenify floats expansion plans, revenue hike by 2021

Zenify looks at ambitious expansion plans, revenue hike and technology enhancement by 2021

Jul 4, 2016

5 bidders finalised for Lafarge's India cement business

Two of the five bidders are foreign firms, which are expected to submit bids of Rs. 8,500-9,000 crore.

Jul 4, 2016

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Kerosene deregulation buzz, price hike lift ONGC, HPCL, BPCL shares

State-run oil firms such as ONGC, Oil India, HPCL, BPCL and IOC rose on speculation of kerosene deregulation.

Jul 4, 2016

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Bank, IT stocks outperform Sensex; Zensar, Firstsource, Allahabad Bank, PNB major gainers

Shares of Zensar Technologies, Infosys, Tech Mahindra, Firstsource and Wipro gained on the BSE on Monday.

Jul 4, 2016

Flipkart, Snapdeal, Alibaba, Abof.com in race to acquire Jabong

The initial rounds of talks are on, and the Jabong sale deal is valued between $250 and $300 million.

Jul 4, 2016

Gold inches up, silver passes $20 threshold at near 2-yr highs

Two of the European Central Bank's top policymakers pressed Britain on Friday to provide a clear-cut plan for leaving the European Union, to prevent more economic damage.

Jul 4, 2016

ICICI Bank to add 1,000 ATMs, 400 bank branches across India in FY17

The bank aims to boost retail operations after it reported a 76% fall in net profit in the most recent quarter on higher provisioning.

Jul 3, 2016

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Ford India exports rise sharply in June while others report decline or muted growth

Ford India car exports rose three-fold in June, while Maruti Suzuki, Hyundai, Toyota Kirloskar, Honda and Tata Motors reported mixed results.

Jul 2, 2016

Arun Jaitley's personal wealth declined by Rs. 6 crore in FY16

The decline in wealth was mainly on account of reduction in his bank balance, cash in hand and the number of vehicles owned.

Jul 2, 2016

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SBI sells 5% stake in NSE for Rs. 911 crore

SBI continues to hold close to another 10 percent stake in NSE and will divest it on realising value or targeted price.

Jul 2, 2016

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Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

Two mutual funds â€” SBI and Birla Sun Life â€” bought 1 million shares of Shriram City Union Finance at Rs. 1,630 per share.

Jul 2, 2016

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Business news

Funds from IPOs hits a nine-year high in April-June quarter of FY2017

Hero Motocorp workers at Gurgaon unit to get salary hike

Kingfisher Airlines' financial details lost without backup

SBI to Govt Panel: ready for a one-time settlement with Vijay Mallya

Real Estate aggregator Zenify floats expansion plans, revenue hike by 2021

5 bidders finalised for Lafarge's India cement business

Kerosene deregulation buzz, price hike lift ONGC, HPCL, BPCL shares

Bank, IT stocks outperform Sensex; Zensar, Firstsource, Allahabad Bank, PNB major gainers

Flipkart, Snapdeal, Alibaba, Abof.com in race to acquire Jabong

Gold inches up, silver passes $20 threshold at near 2-yr highs

ICICI Bank to add 1,000 ATMs, 400 bank branches across India in FY17

Ford India exports rise sharply in June while others report decline or muted growth

Arun Jaitley's personal wealth declined by Rs. 6 crore in FY16

SBI sells 5% stake in NSE for Rs. 911 crore

Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]