Business news

Kerala's Rs 250-million Green Bond move could wither in shadow of CAG audit row

Kerala government's denial of CAG audit for special purpose vehicle KIIFB could drive away NRI investors despite easing tax norms.

Sep 18, 2019

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Air India disinvestment: Government may keep working capital debt out of the deal

The airline industry showed cold shoulders to earlier government's proposal to sell 76 per cent stake in Air India as no foreign players wanted the government having owned 24 per cent after divestment.

Sep 18, 2019

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Massive Coal India recruitment move brings cheer amid slowdown, divestment gloom

India's second-largest employer is offering 9,000 openings; 4,000 people will be recruited to fill up executive posts and the rest will be technical and non-technical staff.

Sep 18, 2019

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Dalal Street nervous over oil; Sensex tanks 600 points, Nifty ends at 10,800

The global oil benchmark, Brent, was trading at $68 a barrel from its Friday's close of $60 prior to the attack on Saudi oil facilities during the weekend.

Sep 17, 2019

Petrol, diesel prices to rise by Rs 5-6 a litre: Experts

Oil prices, experts said, could spike in the next several days as a result of the attack on Saudi Aramco, the second-largest oil producer in the world.

Sep 17, 2019

Zomato forays into video streaming services, to offer free shows

The most interesting part is unlike other online streaming services, including Netflix and Amazon which has paid subscription, Zomato originals is available free of cost to all of its viewers.

Sep 16, 2019

Why do Houthi strikes in Saudi Arabia make Nirmala Sitharaman sweat?

If oil becomes more expensive, the current economic downturn can snowball into a full-blown crisis. India has little headroom to cushion the inflationary impact as Trump has turned off cheaper Iranian oil supplies

Sep 16, 2019

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Global crude prices jump 12% after drone attack on Saudi Arabia's Aramco oil facilities

Following the attack, Aramco oil facilities curtailed production of crude oil and gas of the world's top exporter by half.

Sep 16, 2019

5G trials: Trump effect forces Reliance Jio, Bharti Airtel to shun Chinese firms

Although India is yet to decide on a Huawei technology ban, telecom players play safe by avoiding Chinese companies to avoid getting caught in the US-China trade war.

Sep 14, 2019

AB InBev tax evasion case: World's largest brewer, banned in Delhi, probed

Local authorities barred AB InBev, the world's largest brewer, in July from selling its beer in the high profile New Delhi market for evading taxes.

Sep 14, 2019

India's top trader body seeks ban on Amazon, Flipkart's festive season sale

The two e-commerce firms typically hold annual festive season sales ahead of key Hindu festivals Dussehra and Diwali, which are due this year in October.

Sep 14, 2019

PepsiCo to set up business centre in Hyderabad, to hire 2,500 people

It is to be noted that PepsiCo's establishment of India business centre in Hyderabad will be part of planned multi-location global capability strategy.

Sep 13, 2019

Jet founder Goyal may face money laundering charges amid Modi's anti-graft drive

Multiple agencies are probing the defunct Jet Airways, founder-chairman Goyal and associates.

Sep 13, 2019

Saudi Aramco keen to partner in mega West Coast Refinery project

In the wake of India's growing oil and energy needs, a mega refinery like the one on the west coast with an expected capacity of 60 mmtpa is vital.

Sep 13, 2019

Wipro buyback: Azim Premji sells shares worth Rs 73,000 crore; money likely to be used for charity

Wipro said in a statement that founder-chairman Azim Premji has sold 224.6 million shares.

Sep 12, 2019

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Business news

Kerala's Rs 250-million Green Bond move could wither in shadow of CAG audit row

Air India disinvestment: Government may keep working capital debt out of the deal

Massive Coal India recruitment move brings cheer amid slowdown, divestment gloom

Dalal Street nervous over oil; Sensex tanks 600 points, Nifty ends at 10,800

Petrol, diesel prices to rise by Rs 5-6 a litre: Experts

Zomato forays into video streaming services, to offer free shows

Why do Houthi strikes in Saudi Arabia make Nirmala Sitharaman sweat?

Global crude prices jump 12% after drone attack on Saudi Arabia's Aramco oil facilities

5G trials: Trump effect forces Reliance Jio, Bharti Airtel to shun Chinese firms

AB InBev tax evasion case: World's largest brewer, banned in Delhi, probed

India's top trader body seeks ban on Amazon, Flipkart's festive season sale

PepsiCo to set up business centre in Hyderabad, to hire 2,500 people

Jet founder Goyal may face money laundering charges amid Modi's anti-graft drive

Saudi Aramco keen to partner in mega West Coast Refinery project

Wipro buyback: Azim Premji sells shares worth Rs 73,000 crore; money likely to be used for charity

Man dies by suicide along with 4 children after wife succumbed to black fungus

Esha Gupta poses topless, hits back at trolls over "indecent picture"

Did Ajay Devgn really refuse to wait for Shah Rukh Khan to shoot an ad? Here's the truth