Business

  • Spicejet
    Jul 03, 2015 00:10 IST

    SpiceJet’s new battlecry: Bid for your air ticket

    For the first time in India, fliers will now have a chance to bid, and win air tickets to travel at fares much cheaper than standard market rates.

  • Coca-Cola
    Jul 03, 2015 00:00 IST

    Global fast-food chains spice up cola war in India

    The world’s top budger chains — Burger King, Fatburger, Johnny Rockets, Carls Jr and Wendy’s — which recently entered the Indian market, are adding fuel to the great cola war in their search for ‘national beverage partners’.

  • Bombay Stock Exchange
    Jul 02, 2015 23:38 IST

    Greece, monsoon forecasts likely to keep markets range-bound

    Indian stock markets fell marginally on Thursday snapping the strong rally seen on Wednesday and reaffirming the trend that indices will stay range bound for some days in the absence of any major positive triggers.

  • Indian currency notes
    Jul 02, 2015 23:25 IST

    Perform, if you want capital: Government to banks

    Banks may need to rejig structurally to get govt aid; others will have to raise money from markets.

  • Lupin Pharmaceuticals
    Jul 02, 2015 22:35 IST

    Drug major Lupin acquires 100 % equity stake in Biocom

    Drug major Lupin on Thursday announced its foray into the russian market by announcing the acquisition of Russia's Biocom. The company has acquired 100 per cent equity stake in ZAO Biocom in Russia subject to certain closing conditions, Lupin Ltd said in a statement without disclosing the financial details.

  • Flipkart
    Jul 02, 2015 18:59 IST

    Flipkart ties up with three major home retailers

    The tie-ups will introduce a whole new range of products from these retail brands, adding to Flipkart's existing portfolio of over 1000 brands with seven lakh home products.

  • RBI
    Jul 02, 2015 18:03 IST

    Willing to let foreign investors hold more govt debt: RBI

    The Reserve Bank of India Governor Raghuram Rajan on Thursday said that the apex bank is committed to steadlily increase the government debt foreign investors can buy,but will tread cautiously to avoid becoming too reliant on overseas capital.

  • RBI, Raghuram Rajan 
    Jul 02, 2015 15:55 IST

    India will see limited impact of Greece debt crisis: RBI guv Rajan

    India will see limited impact of the Greece debt crisis as the country has little direct exposure to the European nation, Reserve Bank of India governor Raghuram Rajan said on Thursday.

  • Greece
    Jul 02, 2015 16:58 IST

    Stronger banks, economies ease fear over Greece debt crisis

    Some analysts still warn that the fallout from a so-called Grexit is unpredictable. Seven years ago, few thought troubles in the US sub-prime mortgage market would trigger a worldwide financial panic and the worst economic downturn since the 1930s. Panic, however, can spread in surprising ways.

  • Bombay Stock Exchange
    Jul 02, 2015 10:42 IST

    Sensex falls from two and half months high in late sell-off

    After two days of rise, the benchmark BSE Sensex on Thursday slipped from its 2-1/2 months high by falling 75 points to 27,945.80 on late sell-off in metal and IT stocks as investors preferred to stay on the sidelines amid uncertainty over Greece situation.

  • Indian Rupee
    Jul 02, 2015 10:53 IST

    Rupee gains against US dollar for the third straight session

    The Rupee gained ten paise against US dollar and closed at 63.51, strengthening for the third straight session on continued selling of the greenback by banks and exporters.

  • Greece
    Jul 02, 2015 08:58 IST

    Debt crisis: Moody's downgrades Greece to Caa3

    Moody's slashed its credit rating for Greece to a deep-junk "Caa3" Wednesday, warning it is now less likely that official creditors will support the country, whatever happens in Sunday's referendum.

  • US Dollar
    Jul 02, 2015 08:20 IST

    Dollar takes centre stage as data looms, Greece worries fester

    The dollar stayed bid early in Asia on Thursday as the market geared up for a deluge of US data that could back expectations for the Federal Reserve to lift interest rates sooner.

  • SpiceJet
    Jul 01, 2015 23:32 IST

    SpiceJet’s profit mantra: High aircraft speed, new contracts

    From increasing cruise speed to renegotiating costly maintenance and engineering contracts, it has taken the Ajay Singh-promoted SpiceJet some smart strategising to turnaround its loss-making fleet of Q400 small jets into a profitable one.

  • Prime Minister Narendra Modi addresses the Digital India week launch event. (Photo: @_DigitalIndia)
    Jul 01, 2015 23:42 IST

    Govt’s role key in a digital world: Companies

    Corporate heads lauded the government’s critical role in a digital world at the launch of the Digital India Week.