Business news

Micromax Likely to Sell 25% Stake to China's Alibaba for $700 million

If the deal goes through, the investment will be first by any foreign investor in the domestic handset manufacturer.

Jun 25, 2015

Tech Mahindra to Set up New Healthcare Unit though Outsourcing Deal

Under the new deal, Tech Mahindra will develop technologies for patient care and operational delivery, and reduce costs for the U.K. firm

Jun 25, 2015

SpiceJet Rolls Out Mobile App for Android, iOS Customers

The mobile app enables the customers to pay ticket fares through Quick pay, credit card, debit card and Internet banking.

Jun 24, 2015

Edmund Shing: Forget Greece, buy into the European market recovery

Whether Greece stays in the Eurozone or not I believe you should invest in Eurozone stocks.

Jun 24, 2015

Maggi Crisis Impact on Nestle India Wearing off

Shares of Nestle have rebounded by about 10 percent from the lows it hit when the controversy over its flagship brand Maggi was at its peak.

Jun 24, 2015

L&T Hydrocarbon Bags Contract Worth ₹2,715 Crore from ONGC

The Contract, won against international competitive bidding, encompasses total 'EPCI' (Engineering, Procurement, Construction and Installation) for the project.

Jun 24, 2015

Foxconn to Produce Xiaomi Smartphones in India

The world's largest contract manufacturer will manufacture about 10,000 phones a day for Xiaomi at a leased facility in Sri City.

Jun 24, 2015

Sensex Gains Over 1,400 Points in Eight Sessions; Here are Top 6 Reasons

Markets are underpinned by better-than-projected monsoon rainfalls, which has partly erased the fears of drought in the country.

Jun 23, 2015

Etihad Airways Looking to Raise Stake in Jet Airways

Etihad Airways has reportedly approached the civil aviation ministry for approval.

Jun 23, 2015

L&T Infotech's IPO to Hit Markets by this December

India's biggest engineering and construction company will sell 10% stake in IT services unit.

Jun 23, 2015

Apple’s change of heart may offer new model for music industry

Taylor Swifts latest big victory may have been watching Apple blink after the pop star called out the tech giant for its initial policy of refusing to pay artists during free trials of its new Apple Music streaming service.

Jun 23, 2015

Tata Capital Announced Winner of 2015 Gallup Great Workplace Award

Tata Capital joins a prestigious group of organizations that average a ratio of nine engaged employees to one actively disengaged employee.

Jun 23, 2015

Government to Give Tax Sops on Transactions Made through Credit, Debit Cards

The government is looking to abandon transaction charges on payments for petrol, gas and rail tickets, made through plastic money.

Jun 23, 2015

Make in India: Japan's SoftBank to Invest $10 billion in the Next 10 Years

On Monday, Softbank's CEO and its top executives held discussions with PM Modi in Delhi.

Jun 23, 2015

SoftBank Corp. Chief Executive Masayoshi Son

SoftBank, Partners Eye $20 billion Investment in Indian Solar Projects

SoftBank, which previously said it would invest $10 billion in India over time, said on Monday the companies had agreed a minimum commitment of generating 20 gigawatts of energy.

Jun 23, 2015