Business news

Strong dollar hammers P&G's quarterly sales; consumer products profits up

Sales in China, its second largest market, tumbled.

Oct 25, 2015

Malaysia poised to become global hub for Islamic finance, says central bank governor

Global Islamic finance is an industry with assets valued at about $2.1 trillion in 2014.

Oct 24, 2015

Toshiba to sell image sensor business to Sony for $164.68 million

The company plans to pull out of the sensor business.

Oct 24, 2015

Ericsson posts net income of $364 million for third quarter

India has emerged as the highest growing region for Ericsson, 81% over the last year.

Oct 24, 2015

A strong dollar and a supply glut force oil prices downward

Dollar-priced crude became more expensive and less attractive for buyers holding other currencies.

Oct 24, 2015

Europe's top privacy watchdog warns against transfer of personal data to US

Court struck down system enabling companies to easily transfer Europeans' personal data across the Atlantic.

Oct 24, 2015

Volvo doubles profit in 3rd quarter, but total sales increase only 1%

Sales dropped by 33 percent in South America, with a 53 percent plunge in the Brazilian market.

Oct 24, 2015

Tech sector shares soar as Alphabet, Amazon, Microsoft fire up Wall Street

Alphabet company's mobile search traffic surpassed desktop search traffic for the first time in history.

Oct 24, 2015

TalkTalk hack: Online data cannot be â€˜genuinely safeâ€™

British broadband provider TalkTalk said a cyberattack on its website could have led to the theft of private data from its more than 4m customers, in what would be one of the biggest such breaches of personal information in the country.

Oct 23, 2015

New York City: The rats are taking over

When New Yorkers see something scurrying, they say something and that has brought rat complaints to the citys 311 hotline to a high of over 24,000 so far this year, officials said on Thursday (22 October).

Oct 23, 2015

Sensex ends at two-month high, Idea Cellular shares plunge

The third-biggest mobile operator announced a net profit of Rs 809 crore for the September quarter.

Oct 23, 2015

LIC in talks with state-owned banks to sell Nomura stake in MF arm: Report

Bank of India, Punjab National Bank (PNB) and Central Bank haven't forayed into MF business so far.

Oct 23, 2015

Indian companies second most optimistic businesses globally, reveals Grant Thornton survey

But the optimism over employment growth in the country has seen further decline.

Oct 23, 2015

Banks allowed to fix interest rates on deposits under govt's gold scheme

The customers can prematurely withdraw from the scheme upon completion of a minimum lock-in period and paying penalty to be fixed by banks, RBI said.

Oct 23, 2015

Dorsey is giving away nearly $200 million of His Twitter stock to employees

The idea, Jack Dorsey said in a tweet, is to "reinvest directly in our people"

Oct 23, 2015

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Business news

Strong dollar hammers P&G's quarterly sales; consumer products profits up

Malaysia poised to become global hub for Islamic finance, says central bank governor

Toshiba to sell image sensor business to Sony for $164.68 million

Ericsson posts net income of $364 million for third quarter

A strong dollar and a supply glut force oil prices downward

Europe's top privacy watchdog warns against transfer of personal data to US

Volvo doubles profit in 3rd quarter, but total sales increase only 1%

Tech sector shares soar as Alphabet, Amazon, Microsoft fire up Wall Street

TalkTalk hack: Online data cannot be â€˜genuinely safeâ€™

New York City: The rats are taking over

Sensex ends at two-month high, Idea Cellular shares plunge

LIC in talks with state-owned banks to sell Nomura stake in MF arm: Report

Indian companies second most optimistic businesses globally, reveals Grant Thornton survey

Banks allowed to fix interest rates on deposits under govt's gold scheme

Dorsey is giving away nearly $200 million of His Twitter stock to employees

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]