Business news

PVR Cinemas to Buy DT Cinemas in an Expensive Deal

The acquisition is expected to help PVR to gain more presence in North India.

Jun 10, 2015

South Korea: Quarantine tent set up for suspected MERS patients

A quarantine tent was set up for suspected cases of Middle East Respiratory Syndrome (MERS) outside Seoul National University Hospital.

Jun 10, 2015

Brazil: Mercedes Benz workers protest 500 job cuts

Some 300 Brazilian metalworkers set up a camping site on Monday (8 June) to protest against Mercedes Benz after the carmaker terminated 500 contracts in May amid plummeting sales and production at the Sao Bernardo do Campo plant in Sao Paulo.

Jun 10, 2015

Sensex to Reach 32,500 by End of 2015: Morgan Stanley

The target represents 22% rise from Tuesday's closing of 26,481.

Jun 10, 2015

Mahindra Holidays Raises Stake in Holiday Club Resorts in Finland

Mahindra Holidays & Holiday Club Resorts together to become largest Vacation Ownership company based outside USA.

Jun 10, 2015

Air India Rolls Out Monsoon Discount Offer; Fares Start at ₹1,777

The offer will be valid for travel between 1 July and 30 September, 2015.

Jun 10, 2015

WHO: Total number of MERS cases rises to 1,244

South Koreas health ministry said on Tuesday (June 9) there were eight new cases of Middle East Respiratory Syndrome (MERS), bringing the total in the country to 95 with seven fatalities.

Jun 9, 2015

Sensex at 8-Month Low on Worries Over China's A Shares in MSCI Index

The benchmark BSE Sensex fell 41.84 points or 0.16 percent, posting its lowest level October 2014.

Jun 9, 2015

MK Sharma Replaces KV Kamath as Non-Executive Chairman of ICICI Bank

Sharma had worked as an independent Director on the Board of ICICI Bank for eight years from 2003 to 2011

Jun 9, 2015

Edmund Shing: Royal Mail, Lloyds and RBS: Should you buy in the great UK government share sell-off?

Chancellor George Osborne doesnt want to hold on to Lloyds, RBS and Royal Mail

Jun 9, 2015

US Shale Oil Boom Fading as OPEC Keeps Supply Unchanged

EIA predicts oil production at North Dakota's Bakken and Texas's Eagle Ford – the two largest shale plays - will decline by 1.3 percent.

Jun 9, 2015

Snapdeal to Challenge Paytm in Digital Bill Payments Space

The digital bill payments market is about ₹7.4-lakh crore annually.

Jun 9, 2015

Apple announces new streaming music service

Apple launched Apple Music on Monday (8 June), a $9.99-a-month streaming music service that may not differ dramatically from competitors but comes with Apples deep music roots, global brand and hundreds of millions of iTunes customers.

Jun 9, 2015

Vedanta Plans to Merge Cairn India to Trim Debt

The stock price of oil Cairn India slumped over 4% on Tuesday over concerns that such a merger will erode shareholders' wealth.

Jun 9, 2015

Qatar Airways CEO sees no need for concessions to US airlines

In an interview at the International Air Transport Association (IATA) annual meeting in Miami Beach, Qatar Airways CEO Akbar Al Baker said there is no need to change previously agreed upon government transportation policies.

Jun 9, 2015