Business news

Oil prices rise on Nigeria, Venezuela disruptions

Analysts said that falling supplies from producers such as Nigeria, the Americas and China had pushed up prices.

May 16, 2016

Steel Imports MIP Steel imports from China

SAIL to shell out Rs. 6,000 crore as capital expenditure this fiscal

The amount will be spent on modernisation and expansion plans, as well as towards research and development.

May 15, 2016

Banks seize Mallya's Kingfisher Villa in Goa

The seizure that followed much legal wrangling would lead to the valuation of the premises soon, followed by an auction.

May 14, 2016

Mumbai-based Piramal Enterprises to acquire four Pfizer brands for Rs. 110 crore

Piramal Enterprises said the deal will strengthen its Over the Counter products portfolio.

May 14, 2016

Warren Buffett, Quicken Loans founder in Yahoo bid: Sources

The interest of Buffett and Gilbert is a boost for the Sunnyvale, California-based company.

May 14, 2016

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Gold imports plunged 60% in April, gems and jewellery exports up 17%

Gold imports dropped to $1.2 billion last month from $3.1 billion last April, while gems and jewellery exports rose to $3.4 billion.

May 13, 2016

India's first IPR Policy approved by the cabinet

The policy highlights the criticality that IPRs have attained globally, and attempts to push the trend in India's innovation landscape.

May 13, 2016

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Gold prices rally in India to cross Rs.30,000, Sensex slumps 300 points

Gold breached the Rs. 30,000-mark for the second time this week, keeping away consumers, according to trade experts.

May 13, 2016

Ministries favour scrapping of 5/20 civil aviation rule

If the 5/20 rule is scrapped, new airlines such as Vistara, AirAsia India and Go Air stand to benefit, reports the Economic Times.

May 13, 2016

Sensex, Nifty fall on global cues, weak inflation data

Sensex and Nifty were in the red on Friday tracking weak inflation, factory output figures and fall in Asian equities.

May 13, 2016

Two pharma firms challenge govt's decision on drug price revision in Delhi High Court

Since March, the National Pharmaceutical Pricing Authority has brought more than 800 essential drugs under price control.

May 13, 2016

SWIFT says second bank hit by malware attack

It was not immediately clear how much money, if any, was stolen in the second attack.

May 13, 2016

Amazon, Flipkart and others flouting FDI norms, say retailers while demanding ED probe

Most marketplace firms are selling to customers directly, without revealing if they inventoried goods or offered deep discounts using foreign funds.

May 12, 2016

UK govt puts out white paper on BBC's new role

The once-in-11-years charter renewal may see the BBC with a new mission statement and a new external independent regulator.

May 12, 2016

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PNB Housing Finance net profit rises 66% in FY16

Net profit was Rs. 326 crore in FY16 while total income grew 52 percent to Rs. 2,697 crore, PNB Housing Finance said.

May 12, 2016

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Business news

Oil prices rise on Nigeria, Venezuela disruptions

SAIL to shell out Rs. 6,000 crore as capital expenditure this fiscal

Banks seize Mallya's Kingfisher Villa in Goa

Mumbai-based Piramal Enterprises to acquire four Pfizer brands for Rs. 110 crore

Warren Buffett, Quicken Loans founder in Yahoo bid: Sources

Gold imports plunged 60% in April, gems and jewellery exports up 17%

India's first IPR Policy approved by the cabinet

Gold prices rally in India to cross Rs.30,000, Sensex slumps 300 points

Ministries favour scrapping of 5/20 civil aviation rule

Sensex, Nifty fall on global cues, weak inflation data

Two pharma firms challenge govt's decision on drug price revision in Delhi High Court

SWIFT says second bank hit by malware attack

Amazon, Flipkart and others flouting FDI norms, say retailers while demanding ED probe

UK govt puts out white paper on BBC's new role

PNB Housing Finance net profit rises 66% in FY16

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]