Business

  • Rupee
    May 25, 2015 10:23 IST

    Rupee slips 7 paise against dollar

    The rupee fell seven paise to 63.59 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to rise in the greenback's value against other global currencies.

  • Bombay Stock Exchange
    May 25, 2015 10:16 IST

    Sensex trips 130 points as profit-booking takes hold

    The benchmark BSE Sensex fell over 130 points in early trade on Monday on emergence of profit-booking by participants after recent gains amid disappointing corporate earnings.

  • start up, startup
    May 25, 2015 00:19 IST

    From hikes to freebies: Start-ups go all out to retain talent

    From team holidays to adventure trips to freebies including laptops, washing machines and even bikes, start-ups are pulling out all stops to retain employees this appraisal season.

  • Naina Lal Kidwai, former president, Ficci and country head and CEO, HSBC India.
    May 25, 2015 00:06 IST

    ‘Before a firm gets into ICU, you need to address the situation’

    I believe what we have is a pretty decent report card. On the global stage India features among the top two. One year is too short to brand India as an attractive investment destination, but the build-up has happened and now we need to maintain it. To improve the ease of doing business, states must also chip in and respond.

  • Microsoft
    May 24, 2015 23:27 IST

    Stand by for Microsoft’s big acquisition

    Satya Nadella seems set for his next big purchase -- and Microsoft has about $95 billion in cash. That is about Rs 600,000 crore! Reports came at the weekend that the software giant pulled back from acquiring Salesforce.com, arguably the biggest small-business software company located in the cloud (or the internet).

  • SpiceJet
    May 25, 2015 00:36 IST

    SpiceJet gives Bombardier pilots a salary hike to keep poachers at bay

    Budget airline SpiceJet, in the middle of a turnaround, has decided to bring the salaries of its Bombardier Q400 pilots on par with those who fly Boeing 737 planes.

  • Blackberry
    May 24, 2015 10:09 IST

    Struggling BlackBerry announces new round of layoffs

    BlackBerry is laying off an unspecified number of workers around the world as the struggling smartphone manufacturer tries to make its device business profitable.

  • Walmart
    May 24, 2015 09:13 IST

    In US, Wal-Mart urges meat suppliers to curb antibiotic use

    Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take such a public stand against the excessive use of drugs in raising farm animals.

  • Bombay Stock Exchange
    May 23, 2015 14:56 IST

    Markets on upward trajectory, closes on 5-week high

    The markets continued their northbound journey for the third consecutive week and closed on a five week high. Both the BSE sensex and CNX Nifty surged and closed at 634 and 197 points respectively.

  • competition commission of india
    May 23, 2015 15:41 IST

    CCI orders probe against Ericsson over norms 'violation'

    Fair trade regulator CCI (Competition Commission of India) on May 23 ordered a detailed probe against Swedish telecom giant Ericsson, after it 'prima facie' found the company in violation of the competition norms.

  • ArcelorMittal steel plant
    May 23, 2015 16:18 IST

    ArcelorMittal forges bond with SAIL for steel plant in India

    Lakshmi Mittal signs a deal with SAIL for a steel plant in India

  • medicine
    May 22, 2015 23:30 IST

    Buying drugs? You need a prescription if US has banned them

    If the drug you consume is banned in US, UK, Canada, Japan, European Union or Australia, you may need to get a new prescription. The government is streamlining the drug regulatory system to filter drugs with serious side effects, based on their ban status from six major drug regulators globally.

  • Flipkart CEO
    May 22, 2015 22:45 IST

    Digital native startups break rules, junk manners

    Youth, optimism and thinking big are now the defining traits in a city whose mild weather is heated up by young and restless entrepreneurs. In such a mood, reckless, impulsive talk is not just accepted. It is almost celebrated.

  • Bombay Stock Exchange
    May 22, 2015 22:37 IST

    BSE drops Tata Power from Sensex; Lupin to come in

    Private sector electricity producer Tata Power will move out of the stock market benchmark index Sensex and will be replaced by drugmaker Lupin.

  • IndiGo Airlines
    May 22, 2015 09:30 IST

    Airlines under scanner, face probe for alleged arbitrary hike in fares

    Airlines face a fresh probe for suspected cartelisation and for the alleged arbitrary hike in airfares, with the fair trade regulator CCI Thursday saying it needs to get to the bottom of the issue.