Business news

Maruti May Roll Out More Discounts on Car Purchases

Nomura says the average discount extended by Maruti fell to Rs 15,000 per vehicle in the fourth quarter of FY15, from Rs 20,500/vehicle in the October-December quarter

Apr 29, 2015

Gold to Trade Highly Volatile ahead of Fed Statement

Gold is expected to trade highly volatile before FOMC releases its statement and the metal prices are anticipated to strengthen further if the committee turns out to be dovish.

Apr 29, 2015

ICICI Bank Shares to Outperform Peers in Next 12 Months

Many brokerages recommend investors to buy ICICI bank shares as value investing will drive the stock prices higher.

Apr 28, 2015

Decline in US Oil Rig Count is Overdone, Drilling May Resume

Many analysts warn that investors should not be misled by the current rally in oil prices, as higher prices will attract the US oil drillers to resume production.

Apr 28, 2015

'Uttama Villain' Box Office Collection: Can Kamal Haasan Starrer Beat 'Lingaa', 'I', 'Kaththi', 'Yennai Arindhaal' Records?

Kamal Haasan's "Uttama Villain" is predicted to open with a bang on 1 May.

Apr 28, 2015

Play

Edmund Shing: Shell/BG, Nokia/Alcatel, FedEx/TNT - whos next on the takeover trail?

As well as huge buying huge theres a number of likely mid-cap takeover targets out there.

Apr 28, 2015

Sun Pharma Ready to Spend Around $7 billion on Further Acquisitions

Sun Pharma is now eyeing acquisitions in the U.S. and the Europe, with a focus on companies that manufacture biosimilars.

Apr 28, 2015

Analysts Expect Rally in Maruti Suzuki Shares to Continue on Robust Growth

Analysts are still bullish on the stock, as the company bets on its growth in rural areas amid intensifying competition from global automakers in cities.

Apr 28, 2015

Is Vijay Mallya Looking for Negotiated Exit from USL?

"If media want to have a field day and sensational headlines I want to say that I will continue as normal in my position as Chairman of USL," Mallya tweeted

Apr 27, 2015