Business news

PI Industries stocks gave over 1,20,000% returns in 13 years

PI's shares rose from a closing price of Rs 0.53 on 31 December, 2012, to Rs 649.05 on 31 December, 2015.

Jan 15, 2016

India Inc's earnings unlikely to improve in the next 2-3 years

Global rating organisation Fitch said profits declined during 2014-15 and 2015-16 mainly due to lack of pick up in private sector investment.

Jan 15, 2016

Renault shares dropped over 20% after anti-fraud raid

Renault said no cheating devices were found during searches.

Jan 14, 2016

Liberia declared Ebola-free but WHO says the job is not done

Liberia was declared free of the Ebola virus by global health experts on 14 January, a milestone that signalled an end to an epidemic in West Africa that has killed more than 11,300 people. But the World Health Organization (WHO) warned there could still be flare-ups of the disease in the region, which has suffered the worlds deadliest outbreak over the past two years, as survivors can carry the virus for many months and could pass it on. Health specialists cautioned against complacency, saying the world was still underprepared for any future outbreaks of the disease.

Jan 14, 2016

SBI launches start-up branch, wealth management service

The bank launched the services in Bangalore on Thursday.

Jan 14, 2016

Walmart eyes tie-ups with Flipkart, Snapdeal, others: Report

So far, no foreign multi-brand retailer has a tie-up with online retailers in India.

Jan 14, 2016

Second issue of sovereign gold bonds 'soon', says Modi government

The first issue saw a tepid response, with 63,000 applications for 917 kg of gold.

Jan 14, 2016

Crude oil prices fall below $30/barrel on Iranian supply concerns

Western sanctions on Iran over its nuclear programme are likely to be lifted this weekend.

Jan 14, 2016

Wheat output set to fall for second year in a row, spell trouble for Modi government

In 2016, wheat production is estimated at 87-88 million tonnes, lower than 88.94 million tonnes in 2015 and 91.50 million tonnes in 2014.

Jan 14, 2016

Saint Gobain to expand Chennai facility with Rs 1,000 crore investment

After the expansion, the company's production capacity of glass will increase from 1,500 tonnes per day to 2,500 tonnes per day.

Jan 14, 2016

Paytm set to launch travel services, compete with MakeMyTrip, Yatra

The services will not be launched as a separate business like Alitrip.

Jan 14, 2016

Infosys shares flare up on Q3 results, promoters richer by Rs 2,102 crore

The promoters held about 30 crore shares at the end of the second quarter this fiscal.

Jan 14, 2016

Snapdeal in talks to buy Housing.com for $700 million: Report

Japan's SoftBank and Nexus Venture Partners are expected to fund the deal.

Jan 14, 2016

Infy bucks weak IT numbers, raises FY'16 revenue guidance

Investors cheered Infy's numbers as shares traded over 4% higher on BSE on Thursday despite a sharp fall in the benchmark indices.

Jan 14, 2016

EU opens debate on China trade status; US neutral

Market Economy status would make it harder for Europe to impose anti-dumping duties on Chinese goods sold at knock-down prices.

Jan 14, 2016

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Business news

PI Industries stocks gave over 1,20,000% returns in 13 years

India Inc's earnings unlikely to improve in the next 2-3 years

Renault shares dropped over 20% after anti-fraud raid

Liberia declared Ebola-free but WHO says the job is not done

SBI launches start-up branch, wealth management service

Walmart eyes tie-ups with Flipkart, Snapdeal, others: Report

Second issue of sovereign gold bonds 'soon', says Modi government

Crude oil prices fall below $30/barrel on Iranian supply concerns

Wheat output set to fall for second year in a row, spell trouble for Modi government

Saint Gobain to expand Chennai facility with Rs 1,000 crore investment

Paytm set to launch travel services, compete with MakeMyTrip, Yatra

Infosys shares flare up on Q3 results, promoters richer by Rs 2,102 crore

Snapdeal in talks to buy Housing.com for $700 million: Report

Infy bucks weak IT numbers, raises FY'16 revenue guidance

EU opens debate on China trade status; US neutral

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]