Business news

SEBI mulling rules to clamp down on rating agencies

The proposed SEBI measures would need credit rating agencies to publicly disclose the criteria they adopt to rate securities.

Apr 18, 2016

IPL chairman Rajeev Shukla being probed by ED: Report

Indian Premier League chairman Rajeev Shukla is believed to be under investigation for alleged money-laundering, the Statesman reported.

Apr 18, 2016

India's wholesale prices fall for 17th straight month in March

Wholesale fuel prices dropped 8.30 percent from a year ago in March.

Apr 18, 2016

Airports Authority of India expects all-time high revenues of Rs. 10,000 crore for FY16

An estimated eight percent growth in the revenues figure has been due to a jump in passenger traffic and aircraft movement.

Apr 18, 2016

Japan quake rattles markets as factories shut; survivors queue for food

Factories for major manufacturers including Toyota, Sony and Honda were closed, causing supply chain disruptions around the country.

Apr 18, 2016

Oil prices tumble 5 percent after producers fail to coordinate output

International benchmark Brent crude futures were trading at $40.86 per barrel at 0029 GMT, down 5.2 percent since their last settlement.

Apr 18, 2016

GAIL to deploy drones to monitor gas pipelines

Presently, GAIL uses satellite technology and Helicopter surveys to conduct surveillance on its 13,000-km of gas pipeline.

Apr 17, 2016

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Gold, silver prices rise on wedding-related purchases, global cues

Gold prices rose by Rs. 180 per 10 gm, while silver gained modestly to close at Rs. 38,700 per kg.

Apr 17, 2016

Draft Doha agreement would freeze output until October

The freeze would last until October 1 as producers want to meet again in October in Russia to review their progress.

Apr 17, 2016

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Market cap of Sensex companies rises by $10 billion

The three-day truncated week of trading closed on a buoyant note due to positive macroeconomic data and positive monsoon forecast.

Apr 17, 2016

Neyveli Lignite Corporation is now NLC India Limited

Neyveli Lignite Corporation sought approval to change its name in view of its changing profile and geographical expansion.

Apr 16, 2016

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TCS says no IP infringement in Epic Systems case, to appeal $940 million fine in the trade secret case

TCS and Tata America International Corporation have been directed by a Wisconsin federal grand jury to pay up for "ripping off" a company of its software.

Apr 16, 2016

Food regulator allots Rs. 500 crore for lab upgradation, seeks private partners: Report

Private players will be allowed to run and manage government laboratories, except for a few critical roles.

Apr 16, 2016

Infosys ADRs rise 8% on Nasdaq, employees get 6-12% salary hike

India's second-largest IT software services exporter declared its Q4 and full year results on Friday.

Apr 16, 2016

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TCS, Wipro Q4 results, trade data to influence trading next week

Indian stock market benchmark indices Sensex and Nifty had risen sharply this week on the back of easing inflation, IIP data and a positive monsoon forecast.

Apr 16, 2016