Business news

US Housing Market Inching Toward Full Recovery – NAHB

The housing market recovery of the United States is right on track and is inching towards the finish line of a full upturn, according to the National Association of Home Builders (NAHB).

Nov 10, 2014

AirAsia India launched a week-long sale offering one-way tickets prices as low as Rs 699 including taxes.

AirAsia India Offers One-way Ticket for ₹699

Budget carrier AirAsia's Indian arm launched a week-long sale offer with one-way tickets at prices as low as ₹699.

Nov 10, 2014

Mark Zuckerberg Explains Why Facebook Has No Dislike Button; Will It Add In The Future?

Mark Zuckerberg Q&A: Facebook Founder Opens up about 'The Social Network', Facebook Messenger and More

Facebook CEO responded to all the user's questions, including why he wears the same tee and several others.

Nov 8, 2014

Vijay Mallya, Chairman of Kingfisher Airlines

Kingfisher Airlines Faces Trading Suspension from Dec. 1

Kingfisher, founded by liqour baron Vijay Mallya and once India's No.2 carrier, has not flown for more than two years for want of cash.

Nov 8, 2014

Burger King Tests India Waters, Starts with 12 Outlets

In India, the hamburger chain has changed its menu to sell mutton, chicken and veggie sandwiches.

Nov 8, 2014

BSE closes points 47.25 down on Nov 7

New Delhi, Nov 7 (ANI): Trading at the Bombay Stock Exchange today closed 47.25 points down to stand at 27,868.63. At the National Stock Exchange the Nifty closed 3.15 points up to stand at 8,342.30. BEL and CUMMINS INDIA LTD. were among the top gainers of Group A with an increase of 9.67% and 7.36% along with DLF and FSL with an increase of 6.40% and 6.15% respectively, while the top losers of Group A include ESCORTS and UCOBANK with a decrease of 8.28% and 6.58% along with BHUSHAN STEEL LTD. and JPPOWER with a decrease of 4.58% and 4.55% at the close of the markets. The Auto sector is down 85.14 points at 18,338.67 while the banking sector is down 17.84 points at 19,854.42 and the reality sector is up 39.04 points at 1,642.36. The Indian currency is up 0.34% at Rs 61.62 per dollar.

Nov 7, 2014

VISA to Start New Technology Center at Bangalore

Technology Center of Excellence in India will be home to more than 1,000 employees by early 2017

Nov 6, 2014

Infosys to Recruit 2,100 People in US to Boost Global Presence

The company said that it will hire employees who will work across multiple technology domains including digital, big data, analytics and cloud.

Nov 6, 2014

Gold sellers announced special discounts for Dhanteras 2014.

Gold, Silver Lose Lustre; Hit 4-1/2 Year Lows as Dollar Stays Robust

The strength in the dollar and breaks below key technical levels have built the case against gold.

Nov 6, 2014

BSE closes points 55.50 up on Nov 5

New Delhi, Nov 5 (ANI): Trading at the Bombay Stock Exchange today closed 55.50 points up to stand at 27,915.88. At the National Stock Exchange the Nifty closed 14.15 points up to stand at 8,338.30. BHUSHAN STEEL LTD. and HEXAWARE were among the top gainers of Group A with an increase of 9.98% and 9.89% along with MAX and MANAPPURAM with an increase of 7.58% and 5.76% respectively, while the top losers of Group A include IPCALAB and PIIND with a decrease of 10.55% and 6.62% along with MONSANTO INDIA LTD and JAIN IRRIGATION SYSTEMS LTD. with a decrease of 5.31% and 5.25% at the close of the markets. The Auto sector is up 8.39 points at 18,423.81 while the banking sector is up 276.92 points at 19,872.26 and the reality sector is down 6.12 points at 1,603.32. The Indian currency is down 0.10% at Rs 61.46 per dollar.

Nov 5, 2014

Sensex creates new record, crosses 28,000-mark

New Delhi, Nov 5 (ANI): Creating a new record, the benchmark BSE Sensex crossed 28,000-mark for the first time and the NSE Nifty hit a new peak of 8,363.65 in early trade on Wednesday on sustained fund inflows. The record was set amidst optimism over encouraging corporate earnings. Besides, falling global crude oil prices which dipped to its lowest closing point since October 2011 also influenced trading sentiments.

Nov 5, 2014