Business news

Oil prices dip as Saudi Arabia dampens prospects of output freeze

International benchmark Brent crude oil prices LCOc1 were trading at $49.55 per barrel.

Aug 26, 2016

Former Wipro executive Sangita Singh may join Infosys as executive vice president

Sangita Singh, former head of Wipro's healthcare and lifesciences division, may join Infosys.

Aug 26, 2016

Vodafone India IPO: Telecom firm's market launch delayed due to Reliance Jio?

The draft prospectus was previously expected to be filed in September or October.

Aug 26, 2016

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Infosys may get Rs. 400 crore revenue boost from GSTN project

The project could provide a 1 percent pick-up in the company's revenue growth over the next two quarters.

Aug 25, 2016

Monsanto withdraws application for cotton seeds in India, won't share technology

Cotton farmers in India could be hit due to the decision since the new seed variety helps fight against weeds.

Aug 25, 2016

Tata Global Beverages may sell its China operations

TGB's Chinese subsidiary, Zhejiang Tata Tea Extraction Company, reported a net loss of Rs. 15 crore in the previous fiscal.

Aug 25, 2016

Zoomcar raises $24 million from investors led by Ford Smart Mobility

With the latest funding, the car rental firm looks to expand its fleet to tier-2 and tier-3 cities in India.

Aug 25, 2016

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Maini Precision Products raises $16.5 million, shelves IPO plan

Led by Paragon Partners, it comprises fresh issue of shares and stake sale by existing investors of Maini Precision.

Aug 25, 2016

Asian Paints, Hindustan Unilever top innovative Indian firms on Forbes' list

Asian Paints, TCS, Hindustan Unilever figure among the top Indian innovative companies on Forbes' list.

Aug 25, 2016

aditya ghosh indigo salary pay hike executive aviation

InterGlobe Aviation director Aditya Ghosh's salary soars seven-fold

The president and whole-time director of Indigo's parent company took home salary of Rs. 27 crore in the last financial year.

Aug 25, 2016

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Rail stocks rally after government announces projects worth Rs 24,000 crore

Shares of Kalindee Rail, Texmaco and Titagarh gained more than 4 percent after government announced Rs. 24,000 crore rail infra push.

Aug 25, 2016

Pfizer raises bid for AstraZeneca to $117 billion

Pfizer to buy antibiotics business from AstraZeneca

AstraZeneca is selling its small molecule antibiotics business to Pfizer in a deal likely to be valued at over $1.5 billion.

Aug 25, 2016

Air Arabia offers Indian passengers the option of EMI payment

Air Arabia is offering the EMI payment facility to credit card holders of eight Indian banks.

Aug 25, 2016

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After BPCL and HPCL, Indian Oil Corporation to consider bonus issue

In a regulatory filing to the BSE, Indian Oil Corporation said the decision will be taken at a board meeting on Aug. 29.

Aug 24, 2016

Gold smuggling affecting refiners and banks, official imports hit two-decade low

Indian gold refiners are suspending operations as a surge in smuggled bullion wipes out wafer thin margins.

Aug 24, 2016

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Business news

Oil prices dip as Saudi Arabia dampens prospects of output freeze

Former Wipro executive Sangita Singh may join Infosys as executive vice president

Vodafone India IPO: Telecom firm's market launch delayed due to Reliance Jio?

Infosys may get Rs. 400 crore revenue boost from GSTN project

Monsanto withdraws application for cotton seeds in India, won't share technology

Tata Global Beverages may sell its China operations

Zoomcar raises $24 million from investors led by Ford Smart Mobility

Maini Precision Products raises $16.5 million, shelves IPO plan

Asian Paints, Hindustan Unilever top innovative Indian firms on Forbes' list

InterGlobe Aviation director Aditya Ghosh's salary soars seven-fold

Rail stocks rally after government announces projects worth Rs 24,000 crore

Pfizer to buy antibiotics business from AstraZeneca

Air Arabia offers Indian passengers the option of EMI payment

After BPCL and HPCL, Indian Oil Corporation to consider bonus issue

Gold smuggling affecting refiners and banks, official imports hit two-decade low

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]