Business

Business

  • Mahindra
    Jan 29, 2015 23:01 IST

    L&T, Tata Power, M&M set to reignite nuclear energy, defence plans

    Companies are going back to drawing boards to review existing plans, scout for partnerships, and are readying specialist teams to pitch for increased business opportunities, following the slew of initiatives and breakthroughs in talks between the two countries during US President Barack Obama’s three-day visit.

  • Arun Jaitley
    Jan 29, 2015 23:06 IST

    Lower taxes, manufacturing boost: budget cues from FM’s Davos talk

    Finance minister Arun Jaitley’s visit to Davos to attend the World Economic Forum (WEF) has been followed and tracked by investors and analysts across the world, while giving rise to speculations back home on expectations from the budget.

  • Facebook
    Jan 30, 2015 01:14 IST

    Facebook annual revenues top $10 bn for first time

    The world’s largest internet social network, Facebook’s, profit and revenue for the fourth quarter rose on mobile advertising growth.

  • Coal mines
    Jan 29, 2015 23:10 IST

    Rs. 23,000-cr CIL stake sale today, floor price at Rs. 358

    In the biggest-ever share sale of a public sector unit (PSU), the government will offer Coal India Ltd (CIL) shares at a floor price of Rs. 358 a piece on Friday, even as trade unions warned of strike against the move.

  • Airtel
    Jan 29, 2015 23:14 IST

    Bharti Airtel to soon roll out 4G services in Delhi

    If you are an Airtel customer residing in the Capital, chances are you will get to experience the company’s 4G services soon, and what’s more, you can do much more than just live streaming of videos.

  • Vodafone
    Jan 29, 2015 23:16 IST

    FM directs I-T to follow Voda template in Shell, other cases

    After providing relief to Vodafone Group in its Rs. 3,200-crore tax dispute, the government is all set to provide similar relaxation to Anglo-Dutch multinational — Shell Plc.

  • Facebook
    Jan 29, 2015 08:51 IST

    Facebook's status update: Profit, revenue beat expectations

    For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices.

  • Nokia
    Jan 29, 2015 13:00 IST

    Nokia beats profit forecasts, lifted by North America sales

    Finland's Nokia on Thursday reported stronger-than-expected quarterly profits for its core network equipment business on the back of network roll-outs for faster 4G mobile services in North America.

  • sensex
    Jan 29, 2015 10:08 IST

    Sensex, Nifty log new closing peaks on fag-end buying

    After a brief pause, stocks continued their upward march on Thursday with benchmark Sensex rising 122.59 points to new closing peak of 29,681.77 and Nifty index gaining 38.05 points to 8,952.35 on fag-end buying in select bluechips amid expiry of monthly equity derivatives.

  • Indian rupee is the official currency of the Republic of India. HT Photo
    Jan 29, 2015 10:03 IST

    Rupee logs worst drop in 7 weeks vs $, down 45 paise at 61.86

    The rupee fell by seven paise to 61.48 against the dollar in early trade on Thursday at the Interbank Foreign Exchange due to appreciation of the Greenback against other currencies overseas.

  • coal
    Jan 28, 2015 18:23 IST

    Govt to sell 10% stake in CIL on Friday; to get Rs 24,000cr

    The government will sell 10% stake, or 631.7 million shares, in Coal India Ltd (CIL) through an offer for sale (OFS) on Friday, which is likely to generate more than Rs. 24,000 crore at an estimated price of Rs. 375-385 per share.

  • Arun Jaitley
    Jan 29, 2015 09:29 IST

    Post-Obama visit, India high on US investors' agenda: Jaitley

    President Barack Obama's visit to India has helped forge a new commercial relationship between India and the US, said finance minister Arun Jaitley on Wednesday.

  • Jan 29, 2015 09:04 IST

    McDonald's CEO Don Thompson steps down as sales decline

    McDonald's CEO Don Thompson is stepping down as the world's biggest hamburger chain fights to hold onto customers and transform its image.

  • Vodafone
    Jan 28, 2015 18:58 IST

    Relief for Vodafone in Rs. 3,200-cr tax case

    In a move that will likely soothe investors’ frayed nerves, the government on Wednesday decided not to appeal a Bombay High Court ruling in favour of Vodafone in a Rs. 3,200-crore tax dispute over a share transaction involving a local subsidiary.

  • Apple
    Jan 28, 2015 23:24 IST

    Apple Oct-Dec profit hits record $18 bn on iPhone sales

    Apple made more money in the last quarter than ever before, by selling more of its costliest iPhones ever. And it’s not about to ease up — Apple Watch is shipping out in April.