Business news

Foxconn to get 100% stamp duty exemption, subsidised power supply from Maharashtra

The state will also help Foxconn get loans at preferred interest rates with a payment moratorium period of 10 years.

Oct 31, 2015

Flipkart aims to turn profitable in 3 years

Since its incorporation in 2007, Flipkart has been incurring losses.

Oct 31, 2015

Indian govt to issue sovereign gold bonds on 26 November

Applications for the bonds will be accepted 5-20 November.

Oct 30, 2015

Gold prices fall below Rs 27,000-mark on US Fed rate hike fears

Silver prices also fell sharply by Rs 735 to Rs 36,630 per kg.

Oct 30, 2015

Crude oil falls after U.S. growth figures disappoint

Concerns about sluggish demand in a world awash with oil.

Oct 30, 2015

India extends duty incentives to make exports competitive

Duty benefits have been extended to 110 new tariff lines or products.

Oct 30, 2015

Market watch: Sensex ends in losses for fifth straight session, earnings weigh

L&T shares plunge after the company trimmed its order inflow guidance to 5 to 7% from 15% earlier.

Oct 30, 2015

Microsoft is our share tip of the week – 5 reasons to invest

Edmund Shing explains why Microsofts cloud computing revolution makes it a great investment.

Oct 30, 2015

Tata Group to launch its online marketplace next month

Tata Group's online venture "will be an omni-channel branded marketplace".

Oct 30, 2015

LinkedIn profit surpasses estimates; hiring service, ads revenue surges

The company's full-year profit and revenue forecasts jumped 12%.

Oct 30, 2015

Narendra Modi holds monthly meetings to revive stalled projects

Prime Minister Narendra Modi has set an ambitious goal of making India one of the 50 most business-friendly destinations in the world by 2017.

Oct 30, 2015

Saudi Arabia: Energy subsidy cut to test the country's pain threshold

The International Monetary Fund forecast that the Saudi budget could blow out to 20% GDP this year.

Oct 30, 2015

Ban on Maggi noodles makes Nestle India bottom line take 60 percent hit

Nestle reported a 60 percent fall in its net profit and 32 percent fall in its net sales for Q3.

Oct 29, 2015

Sensex falls 202 points on renewed fears over US Fed rate hike in December

Expiry of October derivative contracts also weighs on market sentiment.

Oct 29, 2015

Edmund Shing: Microsoft and Amazon lead cloud computing crescendo

Edmund Shing says online upstarts Netflix, Airbnb and Uber are fueling demand for cloud computing.

Oct 29, 2015

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Business news

Foxconn to get 100% stamp duty exemption, subsidised power supply from Maharashtra

Flipkart aims to turn profitable in 3 years

Indian govt to issue sovereign gold bonds on 26 November

Gold prices fall below Rs 27,000-mark on US Fed rate hike fears

Crude oil falls after U.S. growth figures disappoint

India extends duty incentives to make exports competitive

Market watch: Sensex ends in losses for fifth straight session, earnings weigh

Microsoft is our share tip of the week – 5 reasons to invest

Tata Group to launch its online marketplace next month

LinkedIn profit surpasses estimates; hiring service, ads revenue surges

Narendra Modi holds monthly meetings to revive stalled projects

Saudi Arabia: Energy subsidy cut to test the country's pain threshold

Ban on Maggi noodles makes Nestle India bottom line take 60 percent hit

Sensex falls 202 points on renewed fears over US Fed rate hike in December

Edmund Shing: Microsoft and Amazon lead cloud computing crescendo

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]