Business news

Ratan Tata Invests in Snapdeal; Joins India's E-Commerce Industry

Earlier, the e-tailer firm had announced to join Tata Value Homes to sell apartment units of project across the country.

Aug 27, 2014

Banks Reduce Interest Rates for Home Loans above ₹75 lakh

Under the renewed scheme, 10.15 percent will be the standard rate for all home loans.

Aug 27, 2014

CCI Imposes ₹2,500 Crore Fine on 14 Car Makers for Anti-Competitive Practices

According to CCI's investigation, car makers restricted the access to spare parts, which led to surge in the price of auto-components.

Aug 27, 2014

BSE closes points 5.79 up on August 26

New Delhi, August 26 (ANI): Trading at the Bombay Stock Exchange today closed 5.79 points up to stand at 26,442.81. At the National Stock Exchange the Nifty closed 1.55 points down to stand at 7,904.75. HAVELLS and BAJAJ FINSERV LTD were among the top gainers of Group A with an increase of 9.40% and 5.08% along with PIDILITE INDUSTRIES LTD and GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD. with an increase of 4.90% and 4.08% respectively, while the top losers of Group A include RPOWER and ADANIPOWER with a decrease of 6.79% and 6.44% along with JINDALSTEL and JPPOWER with a decrease of 6.16% and 5.41% at the close of the markets. The Auto sector is up 4.69 points at 17,110.96 while the banking sector is down 42.62 points at 17,895.77 and the reality sector is down 0.82 points at 1,785.03. The Indian currency is up 0.11% at Rs 60.50 per dollar.

Aug 26, 2014

Real Estate Developer PACL to Appeal SEBI's Order to Refund $8.1 billion

The company on Monday convinced its investors through notice that their funds were safe.

Aug 26, 2014

Karbonn Mobiles Aims to Expand and Go Public in Two Years

The Bangalore-based company ranks behind Samsung and Micromax in India and sources its phones from China, Taiwan and Korea.

Aug 26, 2014

BSE closes points 17.47 up on August 25

New Delhi, August 25 (ANI): Trading at the Bombay Stock Exchange today closed 17.47 points up to stand at 26,437.02. At the National Stock Exchange the Nifty closed 6.90 points down to stand at 7,906.30. EMAMI LTD. and MAX were among the top gainers of Group A with an increase of 6.27% and 4.47% along with INDIAN HOTELS CO.LTD. and TTKPRESTIGE with an increase of 3.07% and 2.77% respectively, while the top losers of Group A include JINDAL STEEL and POWER LTD. and HINDALCO with a decrease of 15.14% and 9.91% along with NATIONALUM and TATASTEEL with a decrease of 6.89% and 5.20% at the close of the markets. The Auto sector is up 59.51 points at 17,093.78 while the banking sector is down 161.80 points at 17,950.03 and the reality sector is down 36.62 points at 1,785.85. The Indian currency is up 0.07% at Rs 60.50 per dollar.

Aug 25, 2014

Adani to Invest $2 Billion in Odisha Power Plant

Gautam Adani has planned to invest $2 billion for a 2,500 megawatt power plant at Angul district in Orissa.

Aug 25, 2014

From 'Software Engineers' to 'Product Managers': 10 Best Paying Jobs at Google

From the software engineers to product managers, there are employees working for this giant search engine, who earns a good salary.

Aug 25, 2014

A news producer sits inside a news studio

NDTV Says Adani Buy Rumours Baseless

Some reports suggest that the Adani Group has arrived at a valuation of ₹600 crore to buy out NDTV.

Aug 25, 2014

All Coal Block Allocations Since 1993 are Illegal: Supreme Court

All coal block allocations since 1993 are illegal and licenses of mining companies involved will be cancelled.

Aug 25, 2014

Sahara Investors can Apply for Refunds by 30 September, Says SEBI

The Securities and Exchange Board of India (SEBI) has released a new application form for Sahara's investors, who can apply for refunds of their investments by 30 September.

Aug 25, 2014