Business news

Sun Pharma divests 2 US-based manufacturing facilities

The company said it would divest two solid-oral-dosage manufacturing facilities located in Aurora and Philadelphia.

Jun 5, 2016

SBI launches ATM-based facility to e-verify IT returns

SBI is the first bank to launch Electronic Verification Code via ATMs.

Jun 4, 2016

J.P. Morgan Chase & Co. relaxes dress code for employees: Report

Employees at J.P. Morgan Chase & Co. can now wear business-casual attire on most occasions.

Jun 4, 2016

Twitter's merger talks with Yahoo a non-event

Twitter was only interested in "sucking up information," as it backed out of the bid soon after the management meet got over.

Jun 4, 2016

Micromax plans to sell phones in China, raise cash

In two years, the company may list its shares on the India bourses or invite a strategic partner to pick stake in it.

Jun 4, 2016

ed-miliband-labour-will-launch-emergency-recruitment-drive-to-tackle-nhs-staffing-crisis

Who are rags-to-riches brothers Bhikhu and Vijay Patel who fleeced UK NHS?

The entrepreneurs exploited a loophole in UK's NHS drug pricing caps, hiked the cost of generic drugs after dropping the brand name.

Jun 4, 2016

SoftBank adds to Alibaba sale, bringing total to $10 billion

SoftBank, Alibaba's top shareholder, on Wednesday said it would sell at least $7.9 billion of shares in Alibaba.

Jun 4, 2016

Meet the flying hospital fighting to save the broken hearts of Tanzanias poor children

IBTimes UK visits a medical team treating children with congenital heart defects in Dar es Salaam, Tanzania.

Jun 3, 2016

David Miliband defends Prime Ministers performance in EU referendum debate

Former Labour foreign secretary makes another intervention in the EU referendum campaign.

Jun 3, 2016

PE firm Providence sells 3.47% stake in Idea Cellular for Rs. 1,400 crore

The share sale is at a 6 percent discount to Thursday's closing price of Rs.118.5 per share.

Jun 3, 2016

RBI calls for preventive action in banks against cyber threats

The RBI's new frameworks mandate banks to form cyber security policies to assess, monitor, control and prevent vulnerabilities.

Jun 3, 2016

TRAI seeks power to penalise errant telcos

The telecom regulator warned telecom operators for their continuing poor performances and asked to further decrease drop rates.

Jun 2, 2016

jet airways q4 annual results indian aviation dgca jet net profit sales atf

Jet Airways announces special low fares after SpiceJet, Air India, AirAsia India

Jet Airways, SpiceJet, Air India and AirAsia India are wooing passengers with low fares to beat lean season.

Jun 2, 2016

coal india mining production offtake output coal india share price cil miner

Coal India output, offtake rise in May; stock rallies 4% on BSE

The world's largest miner released offtake and production figures for May on Thursday.

Jun 2, 2016

Uber raises $3.5 billion from Saudi Arabia's Public Investment Fund

The new round of fundraising puts Uber's valuation at $62.5 billion.

Jun 2, 2016

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Business news

Sun Pharma divests 2 US-based manufacturing facilities

SBI launches ATM-based facility to e-verify IT returns

J.P. Morgan Chase & Co. relaxes dress code for employees: Report

Twitter's merger talks with Yahoo a non-event

Micromax plans to sell phones in China, raise cash

Who are rags-to-riches brothers Bhikhu and Vijay Patel who fleeced UK NHS?

SoftBank adds to Alibaba sale, bringing total to $10 billion

Meet the flying hospital fighting to save the broken hearts of Tanzanias poor children

David Miliband defends Prime Ministers performance in EU referendum debate

PE firm Providence sells 3.47% stake in Idea Cellular for Rs. 1,400 crore

RBI calls for preventive action in banks against cyber threats

TRAI seeks power to penalise errant telcos

Jet Airways announces special low fares after SpiceJet, Air India, AirAsia India

Coal India output, offtake rise in May; stock rallies 4% on BSE

Uber raises $3.5 billion from Saudi Arabia's Public Investment Fund

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]