Finance

Loose Cigarettes replacing the hands of a clock

Cigarette Maker Shares Rise as Proposal to Ban Loose Sale 'Overturned'; ITC up 6%, Godfrey Phillips 10%

Union Health Ministry's proposal to ban sale of loose cigarettes is unlikely to receive inter-ministerial clearance, say sources; cigarette stocks up. Farmers associations lobby hard against the move.

Dec 4, 2014

Campus Recruitment Sees Upswing; Women Bag Top Offers from Internet Giants

The job market seems to have bounced back with international majors vying for Indian talent, offering incredible pay packages. Women emerge winners.

Dec 4, 2014

Term Deposit Rates Cut By ICICI And HDFC

HDFC and ICICI cut term rates to 8.75% across tenures; base rate remains unchanged.

Dec 4, 2014

Blast Furnace in India at SAIL Plant - Representational Image

NDA Disinvestment Agenda Back on Track; SAIL Kicks off Process with 5% Stock Sale

The government disinvestment agenda picks up pace with the sale of 5% of shares in SAIL; ONGC, Coal India and Hindustan Zinc lined up.

Dec 4, 2014

Railway Minister Allays Fears of Privatization

Prabhu makes clear that the railways requires private investment and assured that the State transporter won't be privatized

Dec 3, 2014

indian-navy-warships-representational-image

India to Modernise its Aging Naval Fleet as China Increases Presence in Indian Ocean

As Chinese battle ships and submarines increase their "port of call" in the Indian Ocean, India prepares to defend its "strategic background" more vehemently.

Dec 3, 2014

The Plaza, New York, partly owned by the Sahara Group

Supreme Court Permits Sahara To Sell Properties Valued At ₹ 2,700 crore

Supreme Court grants permission to Sahara for sale of four domestic properties; Sahara to provide details to the court about the '$650mn junior loan'

Dec 3, 2014

Quikr Shifts Base to Bangalore to Tap Available Technology Talent Pool

Bangalore plays host to start-ups; talent pool considered diverse and significant.

Dec 3, 2014

Flipkart Founders Invest ₹6 Crore in Electric Vehicle Start-up Ather

Ather sees second-round funding from Raju Venkataraman; product development gains pace.

Dec 3, 2014

Gold Rises About 4%: Biggest One-Day Gain Since 2013

Gold clocks above $1,200 for the first time since October with Japan sovereign downgrade and import relaxations in India.

Dec 2, 2014

India, France Agree to 'Finalise' Rafael Deal for 126 Fighter Jets

The deal remains stuck over Dassault's reluctance to accept responsibility for the 108 planes to be built by HAL

Dec 2, 2014

RBI Maintains Key Rates and Hints at Rate Cut in 2015; Growth Pegged at 5.5%

RBI leaves policy rates unchanged but hints at rate cut in 2015; Sensex down 0.60%

Dec 2, 2014

Walmart Hit With Massive Protests on Black Friday

While shoppers flocked to several Walmart stores across the United States on Black Friday, the retailer also drew throngs of aggrieved employees and their supporters in front protesting in front of more than 1,600 stores nationwide.

Nov 29, 2014

'Putin's Banker' Sergei Pugachev on Interpol's Wanted List

Sergei Pugachev, a Russian tycoon and once known as "Putin's Banker," is on Interpol's list of "Wanted Persons"

Nov 28, 2014

Coca-Cola, SABMiller Merge Business to Create 'Coca-Cola Beverages Africa'

Beverage giants Coca-Cola and SABMiller have joined forces with packaging firm Coca-Cola Sabco, to form "Coca-Cola Beverages Africa" - the largest Coca-Cola bottler in Africa and the 10th largest in the world.

Nov 27, 2014