Business news

Arun Jaitley's personal wealth declined by Rs. 6 crore in FY16

The decline in wealth was mainly on account of reduction in his bank balance, cash in hand and the number of vehicles owned.

Jul 2, 2016

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SBI sells 5% stake in NSE for Rs. 911 crore

SBI continues to hold close to another 10 percent stake in NSE and will divest it on realising value or targeted price.

Jul 2, 2016

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Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

Two mutual funds â€” SBI and Birla Sun Life â€” bought 1 million shares of Shriram City Union Finance at Rs. 1,630 per share.

Jul 2, 2016

After market spasm, Wall Street looks past Brexit

The result of the June 23 referendum has created a bounty of uncertainty about the future of the United Kingdom, Europe and the global economy.

Jul 2, 2016

Apple fires back at Spotify over music streaming claims

The two companies have gone head to head in the battle for music streaming customers since Apple Music was launched in more than 100 countries last year.

Jul 2, 2016

SBI, Flipkart partner for loans without credit cards

On its 61st anniversary, the bank launched a series of digital offerings like SBI Mingle and SBI Digital Village.

Jul 1, 2016

Tata after Brexit: To leave or to stay in Britain

Tatas bonhomie with the British government, which runs back to the colonial days, may stand to gain with Brexit, says Nikkei review.

Jul 1, 2016

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Jet fuel prices spike 25% in five months; aviation stocks fall, shares of IOC, BPCL, HPCL gain

The latest hike of 5.5 percent in jet fuel prices effective from Thursday midnight saw aviation stocks fall and oil marketing companies gain.

Jul 1, 2016

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Quess Corp IPO: Public issue oversubscribed 144 times, shares likely to list at a premium on BSE

The Rs 400 crore IPO of Quess Corp has been oversubscribed 144 times; the offer closed on Friday (July 1).

Jul 1, 2016

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Gold prices rise 5% in June on safe-haven demand; Sensex gains 1.25%

Gold prices saw huge volatility in June due to Brexit fears, while Sensex rebounded during the later days of the month.

Jul 1, 2016

Trafigura, Vitol, Saudi Aramco vie for a stake in $6.5 billion Essar Oil

Singapore-based commodities trader, Trafigura, is negotiating a stake sale between 15 to 30 percent in Essar Oil.

Jul 1, 2016

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Two wheeler sales: How Royal Enfield, TVS Motor performed in June

Royal Enfield motorcycle sales rose 36 percent in June, while TVS Motor sales increased 7 percent.

Jul 1, 2016

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Intellect Design Arena set to gain from higher IT spend by global banks: Analyst

Intellect Design Arena is expected from the IT spend by global banks, says HDFC Securities.

Jul 1, 2016

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Mahanagar Gas shares list at a huge premium, JP Asso plunges on SDR setback

Mahanagar Gas Limited (MGL) shares listed at about 30 premium on the BSE. JP Associates is likely to be taken over by lenders.

Jul 1, 2016

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Domestic car sales: How Maruti Suzuki, Hyundai, Renault, Toyota Kirloskar, Mahindra, Honda performed in June

Maruti Suzuki, Toyota Kirloskar Motors (TKM), Renault, Hyundai, Honda and Mahindra have reported monthly car sales data for June 2016.

Jul 1, 2016

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Business news

Arun Jaitley's personal wealth declined by Rs. 6 crore in FY16

SBI sells 5% stake in NSE for Rs. 911 crore

Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

After market spasm, Wall Street looks past Brexit

Apple fires back at Spotify over music streaming claims

SBI, Flipkart partner for loans without credit cards

Tata after Brexit: To leave or to stay in Britain

Jet fuel prices spike 25% in five months; aviation stocks fall, shares of IOC, BPCL, HPCL gain

Quess Corp IPO: Public issue oversubscribed 144 times, shares likely to list at a premium on BSE

Gold prices rise 5% in June on safe-haven demand; Sensex gains 1.25%

Trafigura, Vitol, Saudi Aramco vie for a stake in $6.5 billion Essar Oil

Two wheeler sales: How Royal Enfield, TVS Motor performed in June

Intellect Design Arena set to gain from higher IT spend by global banks: Analyst

Mahanagar Gas shares list at a huge premium, JP Asso plunges on SDR setback

Domestic car sales: How Maruti Suzuki, Hyundai, Renault, Toyota Kirloskar, Mahindra, Honda performed in June

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]