Business news

U.S., UK likely to charge multiple banks in Libor rigging: WSJ

U.S. and British regulators are leading a seven-year investigation into the manipulation of Libor, or the London interbank offered rate.

Feb 13, 2016

Risk aversion buying pushes gold prices to near Rs 30,000 per 10 gm

Gold prices have gone up sharply during this week amid a tailwind generated by stock markets and a depreciation in rupee.

Feb 12, 2016

Gold ETFs gain as equities reel under global sell-off; gold prices hit new high

Net asset values of gold ETFs are rising in tandem with the rise in the price of the yellow metal.

Feb 12, 2016

Sun Pharma Q3 profit surges 28% despite lower US sales

The pharma major said that the quarterly sales were impacted due to competitive pressure and temporary supply constraints.

Feb 12, 2016

Mahindra's net profit drops 14% to Rs 808 crore during December quarter

The company sold around 58,600 utility vehicles and 59,883 tractor units in the domestic market during Q3.

Feb 12, 2016

India car sales hit roadbump in January: SIAM

January marked the first time in 14 months that car sales declined in India -- one of the world's fastest-growing automobile markets.

Feb 12, 2016

Carlsberg says it is now profitable, and India's second-largest beer company

The company focused on strong beer brands for the Indian market which accounted for 80 percent of the total sales volume.

Feb 12, 2016

Apple plans to set up its first India development centre in Hyderabad: Report

A Business Standard report said the company will take up 250,000 square feet of office space in the Waverock IT towers in Gachibowli.

Feb 12, 2016

Adani Power plans to invest Rs 18,000 crore in Karnataka

The company would set up a 1,600 MW thermal power plant and another 1,000 MW solar power project in the state.

Feb 12, 2016

Wipro buys HealthPlan Services in all-cash deal worth $460 million

This is Wipro's third buyout in less than three months and the deal will be completed in the next 60-90 days.

Feb 12, 2016

AirAsia India chief may quit soon: Reports

Amar Abrol, chief of AirAsia Bhd's insurance arm Tune Money, is likely to replace Mittu Chandilya.

Feb 12, 2016

JPMorgan's Dimon buys more than $25 million of company stock

JPMorgan shares closed at $53.07 on Thursday.

Feb 12, 2016

Coco-Cola to launch juice with fizz drink

Coca-Cola to bring fizz drink with fresh juice next week

The new product would contain about 10.4 percent juice concentrate that would be purchased from local farmers.

Feb 11, 2016

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

Edmund Shing explains why you should invest in technology giant Apple.

Feb 11, 2016

Gold prices rally in sharp contrast to stock market rout, cross Rs 29,000 per 10 gm

The metal has appreciated sharply from its Jan.1 price of Rs 25,510 per 10 gm.

Feb 11, 2016

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Business news

U.S., UK likely to charge multiple banks in Libor rigging: WSJ

Risk aversion buying pushes gold prices to near Rs 30,000 per 10 gm

Gold ETFs gain as equities reel under global sell-off; gold prices hit new high

Sun Pharma Q3 profit surges 28% despite lower US sales

Mahindra's net profit drops 14% to Rs 808 crore during December quarter

India car sales hit roadbump in January: SIAM

Carlsberg says it is now profitable, and India's second-largest beer company

Apple plans to set up its first India development centre in Hyderabad: Report

Adani Power plans to invest Rs 18,000 crore in Karnataka

Wipro buys HealthPlan Services in all-cash deal worth $460 million

AirAsia India chief may quit soon: Reports

JPMorgan's Dimon buys more than $25 million of company stock

Coca-Cola to bring fizz drink with fresh juice next week

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

Gold prices rally in sharp contrast to stock market rout, cross Rs 29,000 per 10 gm

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]