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Infosys buys Finnish firm Fluido Oy for $76 mn

Though the company did not disclose the acquisition cost in its release, it mentioned in a regulatory filing on the BSE that "100 per cent of Fluido's shares have been acquired in cash for Euro 65 million", which translates to $75.8 million (Rs 546 crore).

Sep 15, 2018

'Next global financial crisis could trigger a 50% plunge in emerging market stocks'

In India, the projected fall in energy prices could be a silver lining amid the gloom of the next meltdown.

Sep 14, 2018

Top Indian IT companies on a hiring spree; indicates growth in sector for 1st time in 3 years

Reports say that Tata and Wipro are expected to grow swiftly this fiscal year. Tata is predicted to cross 10 per cent growth while Wipro is looking to cross one per cent growth.

Sep 12, 2018

Online pharma players concerned over the 'overlapping' powers of states in draft policy

India's pharmaceutical sector is valued at $33 billion in 2017. Moreover, it is likely to grow at a Compound Annual Growth Rate (CAGR) of 22.4% over 2015–20 to reach $55 billion.

Sep 12, 2018

Samsung to open world's largest mobile experience centre in Bengaluru

Also, this would be the biggest-ever display of Samsung accessories such as cases, covers and power banks at the "Samsung Opera House" wherein prospective buyers would be offered customization options for accessories.

Sep 11, 2018

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China to 'kill US dollar' with its hidden gold reserves?

No one knows for sure if China has 20,000 tons of gold in reserves. But if indeed it has that deep a gold reserve, Beijing can take on the US dollar by using gold for international trade.

Sep 5, 2018

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Gold extends losses on weak global cues; silver recovers

Globally, gold fell 0.57 per cent to USD 1,194 an ounce and silver by 1.25 per cent to USD 14.28 an ounce in Singapore.

Sep 4, 2018

$75 bilion outflow from markets imminent? Sebi rubbishes overseas investors' claim

Earlier in April this year, the SEBI had issued circular introducing the tighter KYC norms for the FPI investors.

Sep 4, 2018

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Indian airlines to incur losses up to $1.9 billion – report

India is one of the cheapest domestic airline markets in the world and promotions such as $50 one-way tickets on the two-hour flight from Mumbai to Delhi are easy to find.

Sep 4, 2018

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Fuel price hike: Petrol rates hits all-time high of Rs 86.25 per litre in Mumbai

Officials said the spike in rates is on account of exchange rate falling to a record Rs 71 to a dollar, depreciating by Rs 2.5 in a month. Also, crude oil has gained $7 a barrel in a fortnight, driven by fears that the US sanctions on Iran will likely contract supplies.

Sep 3, 2018

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Business news

Infosys buys Finnish firm Fluido Oy for $76 mn

'Next global financial crisis could trigger a 50% plunge in emerging market stocks'

Top Indian IT companies on a hiring spree; indicates growth in sector for 1st time in 3 years

Online pharma players concerned over the 'overlapping' powers of states in draft policy

Samsung to open world's largest mobile experience centre in Bengaluru

China to 'kill US dollar' with its hidden gold reserves?

Gold extends losses on weak global cues; silver recovers

$75 bilion outflow from markets imminent? Sebi rubbishes overseas investors' claim

Indian airlines to incur losses up to $1.9 billion – report

Fuel price hike: Petrol rates hits all-time high of Rs 86.25 per litre in Mumbai

Production of onion, potato and tomato falls marginally in 2017-18: Agriculture ministry

Rupee rebounds 20 paise against US dollar

Only 5 companies driving stock market; should investors worry?

Indian equity markets open high despite quiet Asian market

Asset-backed cryptocurrency investment: The inside story