Business news

Housing.com CEO Rahul Yadav to Appear in AMA Session on Reddit

Users can ask him about anything in the session.

May 18, 2015

Will Renewed Middle East Tensions Have Impact on Crude Oil Supplies?

Analysts believe that tensions will not have much effect on the crude oil supplies.

May 18, 2015

L&T Plans to Spend $1 billion on Acquiring IT Firms

The acquisitions will help its subsidiary L&T Infotech get better valuations when it opts for listing.

May 18, 2015

Infosys Likely to Appoint Board Member Seshasayee as Interim Chairman

Infosys is expected to finalise the next non-executive chairman within 2-3 weeks.

May 18, 2015

LIC Raises Exposure in 12 Sensex Firms

LIC has increased its stake in state-owned miner Coal India to a maximum of 4.65 per cent worth Rs 10,754 crore.

May 17, 2015

Infosys CEO Sikka Looks to Increase Revenues from China to $1bn by 2020

Sikka aims to increase revenues from China to $1 billion from current $120 million

May 17, 2015

Wipro Using 'Soft robots' To Automate Helpdesk, Recruitment Functions

Wipro seems to be speeding up its automation moves across the company.

May 16, 2015

India set to Become World's Top Gold Consumer in 2015; China to Lag Behind as Investors Shift to Stocks

Gold consumption in India expected to increase by 23 percent to 1,000 tonne in 2015, says WGC.

May 16, 2015

GST Likely to Increase Costs for E-Commerce Firms Flipkart, Snapdeal by 10-15%

Industry watchers say that the e-commerce sector might be impacted more once the GST is implemented.

May 16, 2015

Brazil: Health minister confirms dengue outbreak an ‘epidemic’

Brazils Health Minister Arthur Chioro on Thursday (14 May) said the country was technically facing a dengue fever epidemic.

May 15, 2015

Britain could attract $37bn funding to develop new antibiotics

A British government-backed review released on Thursday (14 May) is seeking billions of dollars to fund the development of 15 new antibiotics to counter antibiotic resistance.

May 15, 2015

Snapdeal Grants Stock Options to 1,200 Top Performers

The e-tailer has raised the share of equity allocated for distribution of options to 10 percent from 6 percent.

May 14, 2015

Crude Oil Rally Purely Driven by Speculation, Potential Correction Ahead: Report

Commerzbank sees considerable correction potential in oil prices.

May 13, 2015

HSBC 'Underweight' on Sensex, to Return to Dalal Street Only After 10% Further Fall

The bank says foreign investors buying of domestic equities looks stretched.

May 13, 2015

Australian conservatives deliver soft budget after last years bruising

Australias conservative government delivered budget proposals on Tuesday (12 May) that were light on radical reform but heavy on pledges to return to surplus, playing it safe politically after the disastrous reaction to last years budget.

May 13, 2015