Business news

Soaring bad loans dent SBI's Q3 profit

The largest Indian bank reported a 62 percent fall in its net profit at Rs 1,115 crore on higher provisioning for bad loans.

Feb 11, 2016

Coca-Cola suspends operations at 3 plants in India: Report

A PTI report said the move could affect at least 300 employees.

Feb 11, 2016

GlaxoSmithKline Pharma net profit surges 76% in Q3

The net sales of the company rose to Rs 728.70 crore in the October-December quarter this fiscal, 13 percent up compared to the corresponding period in the previous fiscal year.

Feb 11, 2016

Govt likely to make tax holiday for start-ups more flexible: Report

A Financial Express report said the government may allow start-ups to avail tax holiday from a block of 10 years.

Feb 11, 2016

Yahoo announces first round of layoffs as it trims 15 percent of workforce

The layoffs will take effect Apr.11 and affected employees received 60-day advance notice of the move.

Feb 11, 2016

ONGC aims for new drilling contracts in cost-saving drive

The new drilling contracts could help the company save 5-10 billion rupees a year, analysts said.

Feb 11, 2016

Railway Budget 2016: Passenger fares may be hiked by 10%

The hike in passenger fares may be for selected routes.

Feb 10, 2016

Cryogenically frozen rabbit brain returned near-perfectly from preservation

Small Mammal Brain Preservation Prize won by researchers at 21st Century Medicine.

Feb 10, 2016

Stocks that defied market sell-off in Indian bourses on Feb 10

Shares of Apollo Tyres, Bank of Maharashtra, Ceat, Reliance Infra and BPCL rose on Wednesday.

Feb 10, 2016

Cipla reports a 4.7% profit increase in Q3 FY15-16 results

Cipla announced its unaudited consolidated financial results for the quarter ended Dec. 31, 2015.

Feb 10, 2016

Buying into the Millennial Generation: How to invest in Apple, Facebook and Microsoft

The rise of the digital generation means tech and social media sites are set for financial gain in the future.

Feb 10, 2016

Apollo Tyres Q3 net profit up 51% helped by soft rubber prices

Tyre companies in India are benefiting from low rubber prices, however, cheaper Chinese imports are hurting sales.

Feb 10, 2016

Union Budget 2016: Facts to know, highlights of previous Modi govt Budgets

The budget session of Parliament will commence on Feb. 23. The general budget will be presented on Feb. 29.

Feb 10, 2016

Bank stocks lead market fall; Sensex, Nifty close down 1%

Bank stocks, burdened with estimated bad loans at about $100 billion, have seen a lot of selling pressure recently.

Feb 10, 2016

Govt may allow 100% FDI in marketplace model of e-commerce: Report

Currently, 100 percent overseas capital is allowed in business-to-business (B2B) e-commerce ventures.

Feb 10, 2016

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Business news

Soaring bad loans dent SBI's Q3 profit

Coca-Cola suspends operations at 3 plants in India: Report

GlaxoSmithKline Pharma net profit surges 76% in Q3

Govt likely to make tax holiday for start-ups more flexible: Report

Yahoo announces first round of layoffs as it trims 15 percent of workforce

ONGC aims for new drilling contracts in cost-saving drive

Railway Budget 2016: Passenger fares may be hiked by 10%

Cryogenically frozen rabbit brain returned near-perfectly from preservation

Stocks that defied market sell-off in Indian bourses on Feb 10

Cipla reports a 4.7% profit increase in Q3 FY15-16 results

Buying into the Millennial Generation: How to invest in Apple, Facebook and Microsoft

Apollo Tyres Q3 net profit up 51% helped by soft rubber prices

Union Budget 2016: Facts to know, highlights of previous Modi govt Budgets

Bank stocks lead market fall; Sensex, Nifty close down 1%

Govt may allow 100% FDI in marketplace model of e-commerce: Report

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]