Business news

Crude extends gains after surge on short-covering, cold spell

Oil prices soared 10% on Friday, one of the biggest daily rallies ever.

Jan 25, 2016

Gold Scheme launched by Modi sbg gold bond scheme modi rbi collection price tranche fifth fourth third second government physical gold

Gold Monetisation Scheme: Govt mobilises 900 kg, liberalises norms

To make the GMS more attractive to depositors, the Central government on Sunday modified the guidelines on premature redemption.

Jan 25, 2016

Tata Group market cap dips by Rs 50,450 crore due to market mayhem

The comparison is based on 17 of the 24 listed companies of the Group for which figures are available.

Jan 23, 2016

Earnings, US Fed meeting, F&O expiry to dictate markets' next move

Markets will also remain cautious going in the F&O expiry week with the US Fed scheduled to meet on 26 January.

Jan 23, 2016

BSE mulling IPO plans, again

The BSE has been making efforts since 2012 to get listed and recently invited investment banks to restart discussions on the IPO.

Jan 23, 2016

IT companies face 'big threat' from automation: Infosys CEO Vishal Sikka

However, Sikka added that the impact of automation on hiring may not be in absolute numbers.

Jan 23, 2016

JSW in talks to buy Lafarge's India business, confirms Sajjan Jindal

The deal could be crucial in enhancing JSW's cement production capacity.

Jan 23, 2016

Amazon, Walmart to infuse over Rs 2,000 crore in Indian operations

Amazon's investment will be its biggest so far in India.

Jan 23, 2016

Cairn India's Q3 profit tanks 99% on cheaper oil prices

Despite renegotiation with vendors and efforts to cut costs, Cairn's realisations at its Rajasthan fields fell sharply to $34.5 a barrel.

Jan 23, 2016

Hindi social networking site ShabdaNagari raises $200,000 in funding

ShabdaNagari will remain a non-subscription portal, according to its website, which claims to have 12,000 users.

Jan 23, 2016

Moody's slashes 2016 oil price forecast by $10 to $33 per barrel

Iranian oil will "offset or exceed" nearly 500,000 bpd fall in the US production in 2016, the global rating agency said.

Jan 23, 2016

Viacom cuts Redstone pay due to reduced responsibilities; CEO pay rises

Sumner Redstone, the 92-year-old's Executive Chairman's mental competency has been questioned.

Jan 23, 2016

Chinese Wanda Group to set up $10 billion industrial park in India

The company said the first phase of development of the industrial project, spread across 13 sq km, would begin this year.

Jan 22, 2016

ITC Q3 net profit remains flat, revenues up 3%

The company's Q3 FY2016 net profit was Rs 2,652 crore, up 0.67% from Rs 2,635 crore in Q3 FY2015.

Jan 22, 2016

SpiceJet Q3 reports highest quarterly net profit at Rs 238.40 crore on lower fuel costs

The company had reported a loss of Rs 275 crore in the corresponding quarter last fiscal.

Jan 22, 2016

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Business news

Crude extends gains after surge on short-covering, cold spell

Gold Monetisation Scheme: Govt mobilises 900 kg, liberalises norms

Tata Group market cap dips by Rs 50,450 crore due to market mayhem

Earnings, US Fed meeting, F&O expiry to dictate markets' next move

BSE mulling IPO plans, again

IT companies face 'big threat' from automation: Infosys CEO Vishal Sikka

JSW in talks to buy Lafarge's India business, confirms Sajjan Jindal

Amazon, Walmart to infuse over Rs 2,000 crore in Indian operations

Cairn India's Q3 profit tanks 99% on cheaper oil prices

Hindi social networking site ShabdaNagari raises $200,000 in funding

Moody's slashes 2016 oil price forecast by $10 to $33 per barrel

Viacom cuts Redstone pay due to reduced responsibilities; CEO pay rises

Chinese Wanda Group to set up $10 billion industrial park in India

ITC Q3 net profit remains flat, revenues up 3%

SpiceJet Q3 reports highest quarterly net profit at Rs 238.40 crore on lower fuel costs

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

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