Business news

BSE closes points 35.33 up on Nov 11

New Delhi, Nov 11 (ANI): Trading at the Bombay Stock Exchange today closed 35.33 points up to stand at 27,910.06. At the National Stock Exchange the Nifty closed 18.40 points up to stand at 8,362.65. AMTEKAUTO and HCC were among the top gainers of Group A with an increase of 16.91 and 8.50% along with JAIN IRRIGATION SYSTEMS LTD. and POLARIS with an increase of 7.74% and 7.24% respectively, while the top losers of Group A include KAILASH and FSL with a decrease of 9.90% and 4.98% along with SREI INFRASTRUCTURE FINANCE LTD. and BAJAJ ELECTRICALS LTD. with a decrease of 4.68% and 4.35% at the close of the markets. The Auto sector is up 124.47 points at 18,400.40 while the banking sector is up 145.18 points at 19,894.58 and the reality sector is up 17.25 points at 1,657.44. The Indian currency is up 0.16 % at Rs 61.60 per dollar.

Nov 11, 2014

Alibaba Makes Record $2 Billion Sales in First Hour of 'Singles Day' Sale

Alibaba Holdings Ltd., reportedly broke its own one-day sales record of online sales making $2 billion in just the first hour of their massive "11.11" event sale otherwise known as the "Singles Day" sale.

Nov 11, 2014

London's Gherkin Building Sold to Safra Group for More Than $1 Billion

The Safra Group is an international cluster of companies run by Brazilian billionaire Joseph Safra and his family

Nov 11, 2014

Google Joins Battle Against Ebola With $10 Million Initial Fund

Google Signs 60-Year Lease with NASA for Moffett Airfield in California

Google has reportedly signed a deal with NASA to lease and manage the space agency's Moffett Federal Airfield (MFA) located at Moffett Field in California for 60 years.

Nov 11, 2014

American Airlines Flight Attendants Reject Contract, Deal Goes for Federal Mediation

Flight attendants of American Airlines, the airways that recently merged with US Airways to form the largest airline by traffic in the world, rejected a joint labor contract Sunday, posing a major setback for the merger.

Nov 10, 2014

Time Warner Bidding To Take Over Ten Network for $589 Million

Time Warner Inc., the US-based entertainment giant, has reportedly made a bid to acquire struggling Australian media company Ten Networks for a deal that values it at $589 million.

Nov 10, 2014

BSE closes points 6.10 up on Nov 10

New Delhi, Nov 7 (ANI): Trading at the Bombay Stock Exchange today closed 6.10 points up to stand at 27,874.73. At the National Stock Exchange the Nifty closed 7.25 points up to stand at 8,344.25. RAJESH EXPO and BEML were among the top gainers of Group A with an increase of 12.22% and 6.98% along with JET AIRWAYS and ING VYSYA BANK with an increase of 6.82% and 6.22% respectively, while the top losers of Group A include ENGINEERS INDIA LTD and KAILASH with a decrease of 12.32% and 8.20% along with INDIA CEMENTS and SJVN with a decrease of 6.10% and 5.71% at the close of the markets. The Auto sector is down 62.74 points at 18,275.93 while the banking sector is down 105.02 points at 19,749.40 and the reality sector is down 2.17 points at 1,640.19. The Indian currency is up 0.19 % at Rs 61.50 per dollar.

Nov 10, 2014

KFC, Coca Cola and Some Other Closely Guarded Recipes of the World

The "secret recipe" for these foods or drinks adds to the lore and appeal of the product itself.

Nov 10, 2014

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

Air Tickets from Chennai to Kochi at ₹100; Where to Book and Customer Response

With the Air Asia BIG SALE, passengers can plan their travel early with extremely low fares.

Nov 10, 2014

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 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