Business news

Sensex touches record high of 39,000, Nifty above 11,700; metal stocks surge

Sensex was up 347.48 points or 0.90 percent at 39020.39, and the Nifty up 88.80 points or 0.76 percent at 11712.70.

Apr 1, 2019

Is Coke raiding Indian grandma's secret recipe chest for ethnic drinks products?

Once considered the epitome of an evil West out to culturally emasculate India, Coca-Cola is seeking to spice up the market with drinks like jaljeera, aam panna, and masala buttermilk.

Mar 30, 2019

Ola launches operations in three new cities in UK

Ola made it clear that they have not launched auto rickshaws in the UK. Ola branded e-rickshaws were only used as part of an activation campaign to celebrate the launch of Ola's services in Liverpool.

Mar 29, 2019

Toronto Subway System Now Has Seth Rogens Voice Giving Advice

Seth Rogen launches his own weed company Houseplant to instill public love for marijuana

The comedy mogul gets together with his friend, Evan Goldberg and opened their first weed company in Canada.

Mar 28, 2019

Let's have a look at top 5 internet companies in India with mind-boggling valuations

Nimble companies with innovative ideas are raising millions of dollars every other day, which brings us to the question, what is the pecking order of Indian internet companies?

Mar 28, 2019

Ex-Paytm executive Sonia Dhawan, out on bail, to return to company soon?

Speculations are rife that the former senior executive of Paytm, Sonia Dhawan, will likely join the company soon.

Mar 27, 2019

Mindtree board dumps share buyback plan, is it advantage L&T?

The move may make it easier for L&T to gain control of the IT company, controlling shareholders of which have been resisting a takeover by the engineering-to-software behemoth.

Mar 27, 2019

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Boeing crisis escalates as 737 MAX 8 makes emergency landing shortly after take-off in US

Southwest Flight 8701 returned to Orlando International Airport just before 3 pm ET after pilots reported a performance issue with one of the engines.

Mar 27, 2019

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After Mukesh Ambani, another Indian billionaire bails out younger sibling

The Mittal brothers had split their businesses in 1994. However, eldest brother Lakshmi Niwas chipped in with 16 billion rupees to help Pramod clear massive dues to STC.

Mar 26, 2019

[Read Full Text] Naresh Goyal assures 'light at the end of the tunnel' in emotional letter to Jet Airways staff

Naresh Goyal and his wife Anita Goyal had stepped down from the board of the cash-strapped aviation company on Monday.

Mar 26, 2019

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Airbus wins China order for 300 jets as Xi visits France

French officials said the deal was worth some 30 billion euros at catalogue prices. Planemakers usually grant significant discounts.

Mar 26, 2019

Sensex tanks 355 points on global growth concerns

Except for oil and gas and power sector stocks all the sectors on both BSE and NSE ended in the red led by finance and banking stocks.

Mar 25, 2019

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Naresh Goyal quits as Jet Airways chairman, stake slashed to 25%

Ahead of the crucial jet Airways board meeting on Monday, speculation was rife that Goyal would step down, meeting a key demand of prospective rescuers.

Mar 25, 2019

Heart over head, poor acumen and lack of foresight? Mindtree's parallels with Infosys

L&T has deployed Rs 10,733 crore war chest to accumulate 66.41% of Mindtree shares after buying up Café Coffee Day founder VG Siddhartha's 20.32% stake.

Mar 25, 2019

TCS' $420 million 'data theft' case filed by Epic Systems moves to higher US court

US-based Epic Systems had filed a case against TCS, accusing the Indian IT giant of stealing its intellectual property. It said that employees of the firm had created a fake user account and stole over 6,000 confidential details on Epic's system development information.

Mar 25, 2019

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