Business news

Boeing warns of more than $2 billion in charges, shares drop

Boeing shares fell 1 percent after hours to $132.26 after the company gave notice of its largest write-offs in years, to be detailed in quarterly results on Wednesday.

Jul 22, 2016

Indian start-ups receive 50 per cent of global investments on wind energy

Power generation start-ups attracted the highest investment worth $7.08 million, while manufacturing received a total investment of $1.68 million over 2015-16.

Jul 21, 2016

Fortune 500: Rajesh Exports replaces ONGC among 7 Indian firms with highest revenues

Based on 2015 data, the collective revenue of all the Fortune 500 companies stood at $27.6 trillion, while their profits were $1.5 trillion.

Jul 21, 2016

Iconic 'Michelin Man' to debut in India's TV commercial

The 118 year-old Michelin Man will debut on Indian television channels in a video themed "safely ahead".

Jul 21, 2016

Are stressed asset funds the pill to cure India's bad loans?

Such funds will invest in stressed-assets of banks and asset reconstruction companies to help them revive to good financial health.

Jul 21, 2016

Adi Godrej's agri-business arm looks to offer IPO

Adi Godrej weighs the option to take agri-business arm Agrovet public. The company posted 14 sales growth for FY16.

Jul 21, 2016

HDFC Bank's Q1 net profit up 20% on higher interest and fee income

HDFC's net profit was Rs. 3,239 crore in the first quarter of financial year 2017 against Rs. 2,695 crore in the year-earlier quarter.

Jul 21, 2016

HDFC Bank, Kotak Mahindra Bank, HPCL, BPCL, Bajaj Auto, Hero Motocorp, Piramal shares hit new 52-week high on BSE

Two-wheelers Bajaj Auto and Hero Motocorp, HDFC Bank, Yes Bank, and OMCs BPCL and HPCL hit a new 52-week high on Thursday on the BSE.

Jul 21, 2016

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'Kabali': India Inc. stopped in its tracks in Bangalore; five-star hotels can't screen Rajini film

Five-star hotels have been denied permission to screen "Kabali" in Bangalore, disappointing Rajini fans.

Jul 21, 2016

Vasudeva Nayak: Infosys immigration head becomes the 4th top executive to quit in 2016

EdgeVerve head Michael Reh, artificial intelligence lead Samson David and strategic sales head Anup Uppadhayay had quit earlier.

Jul 21, 2016

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L&T Infotech IPO: Shares list at a discount, disappoint investors

Larsen & Toubro Infotech (L&T Infotech) shares made a weak debut at the stock exchanges, listing at a 6 percent discount.

Jul 21, 2016

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HPCL shareholders land a windfall with 2:1 bonus issue; shares hit 52-week high

Hindustan Petroleum Corporation Limited (HPCL) board approved the 2:1 bonus issue, the company informed BSE.

Jul 21, 2016

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Jet Airways launches new scheme to woo passengers; offers flexible fares

The new scheme called "Fare Choices" will be launched on Aug. 17.

Jul 21, 2016

SBI-Brookfield create Fund to tackle India's bad loan problem

The Brookfield-SBI fund may entice other banks to join the corpus or create new funds to invest in the India's stressed assets.

Jul 20, 2016

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Wipro wins contract from Greater Toronto Airports Authority

In a regulatory filing on Wednesday, Wipro said that it has signed a seven-year agreement with Greater Toronto Airports Authority.

Jul 20, 2016

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Business news

Boeing warns of more than $2 billion in charges, shares drop

Indian start-ups receive 50 per cent of global investments on wind energy

Fortune 500: Rajesh Exports replaces ONGC among 7 Indian firms with highest revenues

Iconic 'Michelin Man' to debut in India's TV commercial

Are stressed asset funds the pill to cure India's bad loans?

Adi Godrej's agri-business arm looks to offer IPO

HDFC Bank's Q1 net profit up 20% on higher interest and fee income

HDFC Bank, Kotak Mahindra Bank, HPCL, BPCL, Bajaj Auto, Hero Motocorp, Piramal shares hit new 52-week high on BSE

'Kabali': India Inc. stopped in its tracks in Bangalore; five-star hotels can't screen Rajini film

Vasudeva Nayak: Infosys immigration head becomes the 4th top executive to quit in 2016

L&T Infotech IPO: Shares list at a discount, disappoint investors

HPCL shareholders land a windfall with 2:1 bonus issue; shares hit 52-week high

Jet Airways launches new scheme to woo passengers; offers flexible fares

SBI-Brookfield create Fund to tackle India's bad loan problem

Wipro wins contract from Greater Toronto Airports Authority

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]