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Excise duty hiked on petrol, diesel to fetch Rs.2,500 crore

Basic excise on unbranded petrol has been increased from Rs.7.06 per litre to Rs.7.36 Dec 16, 2015

Government raises tariff value on gold, cuts on silver

The import tariff value is normally revised on a fortnightly basis. Dec 16, 2015

MasterCard, Visa want level playing field with RuPay in PM's Jan Dhan Yojana

Both companies see 'invisible mandate' behind choosing RuPay as card issuer for scheme. Dec 16, 2015

Toshiba Corp to cut 7,000 jobs to restructure company

Major jobs cuts are expected in the lifestyle segment, which is has been hit by losses. Dec 16, 2015

Mahindra & Mahindra shares plunge after SC bans registration of luxury diesel cars in Delhi

In contrast, the SC ban is unlikely to have a significant impact on Maruti Suzuki sales in the city. Dec 16, 2015

Chennai Floods: After TCS, Wipro says Q3 revenues will take a hit

The company revised its guidance for the third quarter ending 31 December, 2015. Dec 16, 2015

China: COFCO in talks to acquire full ownership of Noble's agribusiness

COFCO is in talks to buy the remaining 49% of Singapore-listed Noble's agribusiness for around $700-$750 million. Dec 16, 2015

Walt Disney, EA shares soar as 'Star Wars: The Force Awakens' receives praise

On Tuesday, shares of Walt Disney rose 3.75 percent Dec 16, 2015

Reliance Jio likely to launch 4G services in select areas by 28 December

The data download speeds on Reliance Jio 4G network went up as high as 60-70 Mbps. Dec 15, 2015

Sensex, Nifty up for 2nd straight day; auto, energy stocks lead rally

ONGC, Reliance Industries and Cairn India gained between 2.10 and 2.30% on the NSE. Dec 15, 2015

Snapdeal will be available in 11 regional languages by Republic Day

The platform allows users to pick the language of their choice for browsing, for payments and for order tracking. Dec 15, 2015

General Electric sells Japan lending unit for $4.8 billion to Sumitomo Mitsui

The deal will be concluded by April 2016. Dec 15, 2015

Japan's SoftBank clinches first solar power project in India

Prime Minister Narendra Modi aims to generate renewable energy of 100,000 MW by 2022. Dec 15, 2015

Air India to turn profitable on cheaper fuel prices, Dreamliner operations

Each Dreamliner aircraft can carry 256 passengers in single flight compared to 195 seat capacity in older aircraft. Dec 15, 2015

Reliance Jio 4G offered peak download speed of 70 mbps during trial phase: Credit Suisse

At a peak speed of 70 mbps, a user can download a Bollywood movie in just 30 seconds. Dec 15, 2015
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