Business

  • Bombay Stock Exchange
    May 27, 2015 10:08 IST

    Sensex extends losses, slides over 161 pts

    Extending its losing streak for the third session in a row, the benchmark Sensex fell by over 161 points and Nifty slipped below the 8,300 mark in early trade on Wednesday on continued selling by participants on disappointing company earnings coupled with weak global cues.

  • Indian currency notes
    May 27, 2015 09:51 IST

    Rupee breaches 64 mark, down 17 paise vs dollar

    Continuing its weakness for the third straight day, the rupee dropped below the 64 mark, falling 17 paise, to quote at 64.15 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange as the American currency firmed up overseas on strong economic data.

  • World Bank
    May 27, 2015 00:10 IST

    India can ease doing business in 3 years: World Bank

    It could take India about three years to improve its ranking on World Bank’s Ease of Doing Business list, Onno Ruhl, World Bank’s country director for India has said.

  • Arundhati Bhattacharya
    May 26, 2015 22:40 IST

    Four Indians among Forbes list of world's 100 most powerful women

    SBI Chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media Chairperson Shobhana Bhartia are among the world's 100 most powerful women, according to the Forbes' annual list which is topped by German Chancellor Angela Merkel.

  • Air India
    May 27, 2015 00:16 IST

    International flights bleed loss-ridden Air India

    International operations are bleeding Air India (AI) heavily, and the national carrier looks set to post another large loss in the year ended March.

  • Tata Motors rallies to record high on brokerage upgrades
    May 27, 2015 00:25 IST

    Tata Motors revenue up, but loss rises too

    Tata Motors missed street expectations as fourth quarter consolidated net profit plunged 56% year-on-year to Rs 1,717 crore, the company revealed on Tuesday.

  • Time Warner Cable Inc to be bought by Charter Communications
    May 26, 2015 16:06 IST

    Charter Communications to buy Time Warner Cable in a $78.7 bln deal

    Charter Communications will spend $55.33 billion to acquire Time Warner Cable in a cash-and-stock deal that would instantly create one of the largest TV and Internet providers in the US.

  • resume
    May 26, 2015 19:18 IST

    India ranks 4th in APAC in terms of resume fraud

    As the employers in India have intensified the recruitment drive in the last quarter, the percentage of discrepancies found in the screening process has also increased year-on-year, according to a recent report.

  • Bombay Stock Exchange
    May 26, 2015 10:30 IST

    Sensex falls 112 points on earnings worry, derivatives expiry

    The benchmark BSE Sensex on Tuesday declined by another 112 points to close at over one-week low of 27,531.41 due to continued selling in heavyweights such as ITC, Tata Motors and Vedanta on muted earnings amid weakening rupee.

  • Amazon starts declaring sales in the European countries
    May 26, 2015 15:18 IST

    Amazon will pay taxes on sales in EU nations

    Online retailer Amazon said it has started declaring sales made in major European markets in the respective countries instead of Luxembourg. This means, it will pay taxes on the sales in the nations itself, instead of paying them for all in Luxembourg.

  • rupee
    May 26, 2015 10:53 IST

    Rupee plunges to 64-level vs US dollar

    The rupee depreciated 11 paise to 63.68 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market as the American currency firmed up overseas.

  • Jay Y. Lee
    May 26, 2015 13:33 IST

    Samsung to merge two of its subsidiaries

    Samsung Group announced today the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.

  • Vodafone
    May 25, 2015 23:41 IST

    Vodafone seen reviving India IPO plan, $4 billion float likely

    While the company has officially maintained that no decision has yet been taken on the long-planned initial public offer (IPO), investment banking sources have indicated that Vodafone is examining the proposal for a $3-4 billion float by fourth quarter (January to March) of 2015-16.

  • Alibaba
    May 25, 2015 23:01 IST

    Alibaba ‘fighting fakes’ by fostering local brands

    Chinese e-commerce giant Alibaba is working with 17 shoe manufacturers here to cultivate home-grown brands online after being criticised and even sued by luxury brand Gucci for facilitating the fake-goods trade.

  • inlfation
    May 26, 2015 00:10 IST

    Indian companies to export cheese to Russia soon

    Russia will soon get to taste Indian cheese.