Business news

Sun Pharma Asks 18 Senior Executives of Ranbaxy to Leave the Firm

The move comes in the wake of India's biggest drugmaker Sun Pharma posting a fall in profit by 44 percent during the January-March quarter.

Jun 18, 2015

Bandhan: India's Newest Bank to Start Operations in August

"We will be a bank for all, but our primary objective will be to serve the unbanked," chairman Chandra Shekhar Ghosh said.

Jun 18, 2015

Austrian brothel offers free sex in tax protest

A taxpayer in Austria who is fed up with what he says are punitive tax payments decided to offer free sex to customers at his Salzburg brothel.

Jun 17, 2015

Applied Materials Announces Srinivas Satya as Company's President in India

Srinivas Satya brings nearly two decades of experience to his new role.

Jun 17, 2015

SpiceJet Announces International Fares Starting at ₹3,099

The four-day booking period for the SpiceJet's latest offer will start on 17 June and run till the midnight of 20 June.

Jun 17, 2015

Greece: Grexit would be a ‘modern Greek tragedy’ if aid talks fail

The Central Bank of Greece issued a stark warning of a Grexit on Wednesday (17 June) if aid talks fail ahead of an end of June repayment deadline.

Jun 17, 2015

Greece: Grexit would be a ‘modern Greek tragedy’ if aid talks fail

The Central Bank of Greece issued a stark warning of a Grexit on Wednesday (17 June) if aid talks fail ahead of an end of June repayment deadline.

Jun 17, 2015

India Not Among Top 10 Global e-Commerce Markets

India's ₹31,800 crore e-commerce sales in 2014 is dwarfed by China's ₹2,557,760 crore and America's ₹1,833,900 crore, according to a study.

Jun 17, 2015

IndiGo Alters Shareholding Structure Before Filing for IPO

Under the new capital structure, stake held by one of its promoters Rakesh Gangwal will now become his personal holding.

Jun 17, 2015

Airspace companies look to solve problem of drone invasions

For the first time ever this year, Paris Air Show organisers allowed a drone to film the worlds biggest aerospace gathering, as the growing use of them has raised security questions.

Jun 17, 2015

Putin says Russia beefing up nuclear arsenal

Jun 17, 2015

Ban on Instant Noodles to Shrink Maggi's Brand Value by ₹1,300 Crore

Before the ban, Maggi's brand had a valuation of $2.4 billion and its manufacturer was the 23rd most valuable global food brand, Brand Finance said.

Jun 17, 2015

Flipkart, Snapdeal May Tie up with India Post to Offer Same-Day Delivery

India Post is already delivering products ordered on the Amazon site in Bengaluru.

Jun 17, 2015

Detergent Found in Mother Dairy Milk Samples, Company Denies

A Mother Dairy official said that, as a responsible organisation, it follows 100 per cent testing protocol rather than resorting to random testing procedures.

Jun 16, 2015