Business news

China Resources Beer says it would buy SABMiller's stake in Snow for $1.6 billion

The Snow deal would be settled in cash using a combination of funding options including debt and/or equity financing.

Mar 2, 2016

United Tech keeps to solo path as Honeywell drops bid

The move comes after United Tech rejected Honeywell's offer last week.

Mar 2, 2016

ARM is our share tip of the week â€“ five reasons to invest

Edmund Shing explains why you should invest in British multinational ARM.

Mar 1, 2016

February car sales: Honda reports 23% fall in domestic sales

The company sold 13,020 units in Feb.2016 as compared to 16,902 units in Feb.2015.

Mar 1, 2016

Budget 2016: Government clarifies on taxation of provident fund contribution, withdrawal

There was a furore over media reports that contributions to the EPF and PPF would be taxable at the time of withdrawal.

Mar 1, 2016

Jet Airways to shift domestic ops to Mumbai airport's T2 terminal

The move would integrate the airline's domestic and international operations and reduce time and cut costs.

Mar 1, 2016

February auto sales: Renault India car sales up 158%, driven by Kwid

The company sold 8,834 units in February 2016 in India as against 3419 units in February last year.

Mar 1, 2016

EU referendum: Brexit worries offer British bargains to investors

There are plenty of opportunities for investors to capitalise on fears that Britain will leave the EU.

Mar 1, 2016

Feb. passenger car sales: Mahindra sees 26% growth; Hyundai records 9% rise

The company said that the increase in infrastructure cess in the Budget would "increase the prices of automative products immediately."

Mar 1, 2016

Sensex, Nifty post huge single-day gain in two years; share prices of IOC, BPCL, HPCL spurt on fuel price hike

The shares of Indian Oil Corporation, HPCL and BPCL closed with gains of 3.20 to 5 percent.

Mar 1, 2016

Sensex rebounds by 777 points on RBI rate cut expectations

The status quo on the fiscal consolidation path will enable the RBI to cut interest rates in the coming months.

Mar 1, 2016

First-time home buyers to get additional tax benefit from April 2016

According to experts, first-time home buyers in non-metro cities will gain most from the tax benefit.

Mar 1, 2016

Walmart, Tesco to benefit from 100% FDI in multi-brand processed food retailing

The companies will need to get clearance from the Foreign Investment Promotion Board to own 100 percent stake in a business.

Mar 1, 2016

Yahoo says may write down goodwill value of Tumblr

Yahoo said earlier in the month it took a $230 million impairment charge related to Tumblr.

Mar 1, 2016

Red faces, raised voices over late hitch in Foxconn's Sharp deal

Foxconn had asked Sharp to delay voting on a deal as it had just received "new information" from Sharp that it needed to clarify.

Mar 1, 2016

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Business news

China Resources Beer says it would buy SABMiller's stake in Snow for $1.6 billion

United Tech keeps to solo path as Honeywell drops bid

ARM is our share tip of the week â€“ five reasons to invest

February car sales: Honda reports 23% fall in domestic sales

Budget 2016: Government clarifies on taxation of provident fund contribution, withdrawal

Jet Airways to shift domestic ops to Mumbai airport's T2 terminal

February auto sales: Renault India car sales up 158%, driven by Kwid

EU referendum: Brexit worries offer British bargains to investors

Feb. passenger car sales: Mahindra sees 26% growth; Hyundai records 9% rise

Sensex, Nifty post huge single-day gain in two years; share prices of IOC, BPCL, HPCL spurt on fuel price hike

Sensex rebounds by 777 points on RBI rate cut expectations

First-time home buyers to get additional tax benefit from April 2016

Walmart, Tesco to benefit from 100% FDI in multi-brand processed food retailing

Yahoo says may write down goodwill value of Tumblr

Red faces, raised voices over late hitch in Foxconn's Sharp deal

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]