Business news

Muhurat trading: Markets may witness muted trading on Day 1 of Samvat 2072

The special trading session will be conducted between 5.45 pm and 6.45 pm on Wednesday, heralding Samvat 2072.

Nov 11, 2015

Car safety gear: Autoliv gains in Japan after Takata's damaged airbags fiasco

Autoliv is the world's top maker of equipment such as air bags and seat belts.

Nov 11, 2015

GVK Power & Infrastructure suffers net loss of Rs. 6.55 crore in Q2

GVK group reported a net loss of Rs.123.5 crore in Q2 of 2015-16.

Nov 11, 2015

Lockheed wins $969 million contract for 17 C-130J aircraft

The work is expected to be completed by April 2020, the Department of Defense said.

Nov 11, 2015

Mixed Chinese data causes Asia shares to cautiously step back

Growth in the world's second-biggest economy is still in low gear.

Nov 11, 2015

Hindalco posts 30.38 percent rise in Q2 net profit on higher production

Ramping up of production raised its net revenue from operations.

Nov 10, 2015

Short coverings dent markets, Sensex closes 392 points down

BJP's rout in the Bihar election affected the sentiment negatively.

Nov 10, 2015

Volkswagen moves to appease angry customers, authorities

Car-maker offers $1,000 credit to owners of affected cars, tries to placate authorities.

Nov 10, 2015

Vodafone says it has started preparations for IPO of Indian unit

British telecom giant talks of plan that has been delayed by a long-running tax dispute with India.

Nov 10, 2015

Chinese yuan to become international currency by 2020: Central Bank Governor

Reforms will include improving central bank communications and guiding market expectations to improve monetary policy.

Nov 10, 2015

SeaWorld to phase out theatrical Orca whale shows

SeaWorld announced plans on Monday (9 November) to phase out the signature orca whale show at its San Diego park next year, after long-running criticism of its treatment of the captive marine mammals. The move, which follows a vote by the California Coastal Commission last month barring the park from continuing to breed killer whales, or orcas, in captivity, was announced during a webcast company presentation to investors and the media.

Nov 10, 2015