Business news

E-commerce startups to cut more jobs as US Fed rate hike nears

Growing expectations over rate hike next month is making foreign investors seek safe-haven investments.

Nov 23, 2015

Markets end marginally lower ahead of US Fed meeting

The Sensex touched an intra-day high of 25,958.

Nov 23, 2015

Commodity markets clobbered; stocks, bonds in the firing line

Fear of a Fed interest rate hike in almost a decade pushed the dollar to a seven-month high.

Nov 23, 2015

Austrian Finance Minister wants EU to take out migrant costs from Budget calculations

The EU said Austria, Italy, Lithuania and Spain risked breaking European Union rules with their budget plans.

Nov 23, 2015

Infosys Foundation sets up faculty chairs in 8 institutions in India

It will encourage research, offer advanced training, support student, faculty exchange programmes in India and abroad.

Nov 23, 2015

Bihar to initiate steps to ban liquor within six months, says Excise Minister

Chief Minister Nitish Kumar had declared that prohibition would be imposed if he retained power .

Nov 23, 2015

Modi in Malaysia: Pacts signed on infrastructure, cybersecurity

The infrastructure development agreement was signed between India's NITI Aayog and Malaysia's Pemandu.

Nov 23, 2015

Pfizer to buy Botox-maker Allergan; key details of the deal

The deal is worth more than $150 billion.

Nov 23, 2015

After 5 years of austerity, Britain now prepares for more spending cuts

Finance Minister George Osborne will announce details of new spending squeeze on Wednesday.

Nov 23, 2015

U.S. oil prices fall by more than 3% on strong dollar, oversupply

The fall was part of a wider decline in commodities stoked by worries over faltering demand from China.

Nov 23, 2015

Walmart takes Cyber Monday forward to Sunday, expects record industry sales

It will launch 2,000 online-only specials on 29 November, up from 500 such deals last year.

Nov 23, 2015

Air India sells 9 Dreamliner planes to repay debt

In a similar agreement earlier, the airline had sold 12 Dreamliners and leased them back.

Nov 23, 2015

Takeover deals worth $5 billion-plus touch record number of 128 this year

The week's biggest M&A deal was a $13.4 billion tie-up between France's Air Liquide and U.S. peer Airgas.

Nov 22, 2015

India unveils plans to phase out tax exemptions for companies

Over four years, the government plans to lower corporate tax from 30% to 25%, Arun Jaitley had said

Nov 22, 2015

French cognac makers step up U.S. efforts as sales decline in China

Producers of the drink now need to reach other groups to help fill the space left by China.

Nov 22, 2015

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Business news

E-commerce startups to cut more jobs as US Fed rate hike nears

Markets end marginally lower ahead of US Fed meeting

Commodity markets clobbered; stocks, bonds in the firing line

Austrian Finance Minister wants EU to take out migrant costs from Budget calculations

Infosys Foundation sets up faculty chairs in 8 institutions in India

Bihar to initiate steps to ban liquor within six months, says Excise Minister

Modi in Malaysia: Pacts signed on infrastructure, cybersecurity

Pfizer to buy Botox-maker Allergan; key details of the deal

After 5 years of austerity, Britain now prepares for more spending cuts

U.S. oil prices fall by more than 3% on strong dollar, oversupply

Walmart takes Cyber Monday forward to Sunday, expects record industry sales

Air India sells 9 Dreamliner planes to repay debt

Takeover deals worth $5 billion-plus touch record number of 128 this year

India unveils plans to phase out tax exemptions for companies

French cognac makers step up U.S. efforts as sales decline in China

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]