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Bombay Stock Exchange building

Sensex gains 331 points on new civil aviation policy, bank merger

SBM, SBBJ and SBT shares were trading with huge gains, aviation stock rose on govt clearing new civil aviation policy. Jun 15, 2016

EU Referendum: How would a Brexit affect UK foreign relations with Europe and beyond?

IBTimes UK asks how an exit from the European Union could affect the UK globally. Jun 14, 2016
Ericsson

Ericsson planning to cut thousands of jobs: Report

The potential move is said to follow the company's missed expectations in profit and sales recently as markets slowed down in the developed and Latin American regions. Jun 14, 2016
Alibaba group holdings

Alibaba's Jack Ma says fake Chinese goods better than original products

Ma said fighting fake products on internet not easy as they offer better quality at a better price. Jun 14, 2016

Microsoft to buy LinkedIn for $26.2bn in cash

Microsoft is to buy LinkedIn for 26.2bn in cash, in a deal expected to close by the end of 2016. Jun 14, 2016
Bombay Stock Exchange building

Sensex ends flat after volatile trading; JP Associates top gainer, Bhushan Steel up 11.52%

JP Associates gained 15.57 percent and closed at Rs. 7.94 on the BSE. Jun 14, 2016
Aadhaar-based ATM

All DCB Bank ATMs to become Aadhaar-enabled in six months

DCB Bank's "cardless and pinless" facility was launched by ex-Infosys executive Nandan Nilekani. Jun 14, 2016
gold bars, gold prices, trump policies, strong us dollar, gold demand, gold consumption

Gold bonds consolidate gains after listing at a premium on Monday

The sovereign gold bonds were trading at Rs. 3,173.90 against the issue price of Rs 2,684, representing 1 gm. Jun 14, 2016
Tony Fernandes

AirAsia chief Tony Fernandes given OCI status; what this means for the Malaysian entrepreneur [VIDEO]

Tony Fernandes, the Air Asia chief, says that 5/20 rule is archaic and Indian civil aviation market needs more competition. Jun 13, 2016
Petrol station in Tehran

OPEC predicts oil market to balance by end of 2016

Signs of reduction in oil glut was apparent with price settling just below $50 a barrel from the lowly $25 it had reached prior to February. Jun 13, 2016
gold jewellery gold prices safe haven opec stocks sensex

Gold prices rise for 5th straight day, close at three-week high

A firm trend in global markets coupled with strong buying in India ensured gold prices remained high in the country. Jun 13, 2016
Wind mills

Tata Power inks deal to buy Welspun Renewables for Rs. 9,249 crore

The acquisition will boost Tata Power's clean energy production to 2300 MW. Jun 13, 2016

Dr. Reddy's Laboratories buys 8 drugs from Israel's Teva Pharma for $350 million

The acquisition of these generic drugs is subject to Teva Pharm's acquisition of US-based Allergan Plc. Jun 13, 2016
AirAsia India

AirAsia India announces promotional offer; tickets start at Rs. 899

The limited-period scheme offer is valid from June 13 to 19, AirAsia India said. Jun 13, 2016
Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Fortis Healthcare shares crash on Rs. 500 crore penalty; Sensex narrows loss to close 239 points down

A Fortis Healthcare subsidiary has been asked to pay Rs. 503 crore by the Delhi government for alleged land allotment violation. Jun 13, 2016
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