Business news

Stanchart to raise $ 5.1 billion in new capital via rights issue

It will also cut 15,000 jobs by 2018 to restore profitability given a slowdown.

Nov 3, 2015

India Inc companies see contradictions; net sales decline but net profits rise

The primary reason for the decrease in net sales is a fall in petroleum products prices.

Nov 3, 2015

TransCanada asks US to suspend review of $8-billion Keystone pipeline project

The nearly-2,000-km pipeline would carry 830,000 barrels a day of mostly Canadian oil sands crude to Nebraska.

Nov 3, 2015

Modi govt policies conducive to attracting more FDI: Hinduja

Global economic slowdown is restricting many foreign companies to delay their investments in India.

Nov 3, 2015

Oil prices drop amid excess supply worries

Iran planned to raise its crude output by 1 million barrels per day by the end of March 2016.

Nov 3, 2015

India's largest tech incubator T-Hub attracts 130 startups before launch

While the state government will provide Rs 10 crore for the project, they hope private players will pitch in Rs 90 crore for the same.

Nov 3, 2015

Trades Union Bill: Unions lobby parliament over controversial bill

Members of the TUC have lobbied parliament in opposition to the controversial Trades Union Bill.

Nov 2, 2015

Adani Ports sees 16% increase in net profit; ready to do Vizhinjam port

The profit increased from Rs.1, 868 crore from last year to Rs. 1,986 crores this year.

Nov 2, 2015

Infosys cofounder Nandan Nilekani to invest in truck fleet management startup

Nilekani's investment in Fortigo could be his fourth venture in 2015 alone.

Nov 2, 2015

Sensex ends in red for sixth straight session; gold prices remains flat

Maruti Suzuki shares gained a little over 1% on strong October sales.

Nov 2, 2015

Reliance to acquire Sistema's Indian telecom business

Sistema will pay off its existing debt and get a 10 percent stake in RCom.

Nov 2, 2015

50 fastest-growing tech firms in India losing momentum

Compared to 657% in 2013, the fall in revenue growth of these companies in 2015 is even more alarming.

Nov 2, 2015

Asian markets fall on China slowdown concerns as risk appetite wanes

Global market worries triggered selling while the market was prone to profit-taking from last week's gains.

Nov 2, 2015

Volkswagen faces Australian lawsuit over emission scandal

In October, Volkswagen announced a recall Volkswagen and Audi automobiles that were caught up in the diesel emissions-rigging scandal.

Nov 2, 2015

Mahindra & Mahindra sales up by 20 % on festive season fillip

The advent of the festive season has provided the much needed fillip for the auto industry.

Nov 1, 2015

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Business news

Stanchart to raise $ 5.1 billion in new capital via rights issue

India Inc companies see contradictions; net sales decline but net profits rise

TransCanada asks US to suspend review of $8-billion Keystone pipeline project

Modi govt policies conducive to attracting more FDI: Hinduja

Oil prices drop amid excess supply worries

India's largest tech incubator T-Hub attracts 130 startups before launch

Trades Union Bill: Unions lobby parliament over controversial bill

Adani Ports sees 16% increase in net profit; ready to do Vizhinjam port

Infosys cofounder Nandan Nilekani to invest in truck fleet management startup

Sensex ends in red for sixth straight session; gold prices remains flat

Reliance to acquire Sistema's Indian telecom business

50 fastest-growing tech firms in India losing momentum

Asian markets fall on China slowdown concerns as risk appetite wanes

Volkswagen faces Australian lawsuit over emission scandal

Mahindra & Mahindra sales up by 20 % on festive season fillip

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