Finance

RBI May Allow Banks to Resume Gold Loans to Jewellers, Review Ban on Import of Gold Coins and Medallions

The RBI could lift the embargo on banks lending against gold.

Dec 24, 2014

UltraTech Acquires Jaiprakash Associates' Cement Plants For ₹5,400 crore

UltraTech has finalised a deal with Jaiprakash Associates to takeover two cement plants for ₹5,400 crore

Dec 24, 2014

Budget Deficit: India Slashes Healthcare Budget by Almost a Fifth

The Finance ministry has cut spending on healthcare in a struggle to contain its fiscal deficit

Dec 24, 2014

American Apparel Confirms Buyout Approach; Dov Charney Speaks Out

American Apparel, the famous clothing brand that recently hired a new CEO after firing founder head Dov Charney, confirmed on Monday that it was approached for a buyout.

Dec 23, 2014

Open Up Coal Sector To Enhance Production, Says Suresh Prabhu-headed Advisory Group

The advisory group suggested reforms to open up the coal sector and to increase production, along with suggestions to make it easier to move coal to required industries.

Dec 23, 2014

Russia Could Get 'Junk' Status in 2015, Says Former Minister; China Willing To Aid Falling Ruble

The Russian government's slow stance on the growing economic instability could earn it the "junk" status in 2015, former finance minister Alexei Kudrin said on Monday.

Dec 23, 2014

India Inc Raises Record $19bn in 2014; India's External Debt Crosses $500bn

India Inc forex debt issuance finds acceptance in investor community, a record $19bn raised in 2014.

Dec 22, 2014

SpiceJet To See Ajay Singh Again? Shares Rally 20%

SpiceJet's co-founder is said to be interested to buy back the airline and to infuse much needed capital in association with financial majors and PE funds ₹

Dec 22, 2014

Xiaomi Redmi 1S Successor Release Date, Specs and Price Details Leaked

Xiaomi Raises $1 billion in Fresh Fundraising; Firm Now Valued at $45 Billion

Xiaomi, the third-largest smartphone maker in the world and the largest in China, has reportedly managed to raise $1 billion in its latest round of funding, which now values the company at $45 billion.

Dec 22, 2014

India, Russia Close in on Kamov-226T Helicopter Deal

India and Russia are close to finalizing the Kamov-226T helicopter deal, which would see India manufacture up to 400 helicopters a year, for local and export markets

Dec 22, 2014

GoAir's 1.7 million seats up for grabs; fares start at ₹1,469

Mumbai-based budget airline, GoAir upped its ante, seeks volumes for January to March 'lean' quarter

Dec 22, 2014

Centre to Raise ₹14,900 crore Via 5% Stake Sale in ONGC; Retail Allocation at 20%

The Central government is all set to divest 5% of its holdings in the oil and petroleum explorer, ONGC, helping raise ₹14,900 crore.

Dec 22, 2014

Aer Lingus Rejects Takeover Bid from British Airways' Owner IAG, Citing Undervaluation

Aer Lingus, the Irish airline, rejected a takeover bid from IAG, the parent company of British Airways on Thursday asserting that the deal undervalues its worth.

Dec 19, 2014

Russian Ruble Falls to 16-year Low despite Interest Rate Hike; Putin's Power at Stake?

The Russian ruble fell to a new 16-year low on Wednesday despite the government's frantic efforts to prevent a slide reflecting a possible weakness in Putin's power grip over the region.

Dec 17, 2014

Standard Chartered Sheds Consumer Business Units in Hong Kong and Shenzhen

Standard Chartered, the British multinational banking giant, sold its consumer finance units in Hong Kong and Shenzhen to a consortium of investors for a deal worth $600 to $700 million as a part of their new restructuring deal.

Dec 16, 2014

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Finance

RBI May Allow Banks to Resume Gold Loans to Jewellers, Review Ban on Import of Gold Coins and Medallions

UltraTech Acquires Jaiprakash Associates' Cement Plants For ₹5,400 crore

Budget Deficit: India Slashes Healthcare Budget by Almost a Fifth

American Apparel Confirms Buyout Approach; Dov Charney Speaks Out

Open Up Coal Sector To Enhance Production, Says Suresh Prabhu-headed Advisory Group

Russia Could Get 'Junk' Status in 2015, Says Former Minister; China Willing To Aid Falling Ruble

India Inc Raises Record $19bn in 2014; India's External Debt Crosses $500bn

SpiceJet To See Ajay Singh Again? Shares Rally 20%

Xiaomi Raises $1 billion in Fresh Fundraising; Firm Now Valued at $45 Billion

India, Russia Close in on Kamov-226T Helicopter Deal

GoAir's 1.7 million seats up for grabs; fares start at ₹1,469

Centre to Raise ₹14,900 crore Via 5% Stake Sale in ONGC; Retail Allocation at 20%

Aer Lingus Rejects Takeover Bid from British Airways' Owner IAG, Citing Undervaluation

Russian Ruble Falls to 16-year Low despite Interest Rate Hike; Putin's Power at Stake?

Standard Chartered Sheds Consumer Business Units in Hong Kong and Shenzhen

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]