Business

  • Indian economy
    May 03, 2015 23:52 IST

    7% or 5%? What’s India’s true growth rate?

    How do you spot an economic revival without poring through reams of statistics put out by the official number crunchers? It’s simple. Look around you: are your neighbours dining out more, or has your friend bought a smarter phone?

  • A collapsed building
    May 03, 2015 23:27 IST

    Govt mulling insurance against natural disaster

    The government may consider setting up a natural calamity insurance pool, especially in the wake of the Nepal earthquake that caused heavy loss of life and property, and sparked warnings that India too is at risk.

  • Kumar Mangalam Birla
    May 03, 2015 21:25 IST

    Aditya Birla Group merges apparel biz to form Rs 5,290-cr entity

    In a major consolidation exercise, Aditya Birla Group on Sunday merged its apparel businesses into a Rs 5,290 crore entity named Aditya Birla Fashion and Retail (ABFRL), which will be the largest pure-play fashion lifestyle company in the the country.

  • Warren Buffet
    May 03, 2015 17:04 IST

    Buffett celebrates 50th year at Berkshire, faces tough questions

    Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone.

  • Domino's Pizza logo
    May 03, 2015 14:21 IST

    Paytm partners CCD, Domino's for offline payment

    Paytm's mobile wallet will soon be accepted at quick service restaurants (QSRs), including Domino's and Cafe Coffee Day, as the Alibaba-backed company forays into the offline retail space in the next two months.

  • BSNL
    May 02, 2015 15:34 IST

    BSNL slashes roaming tariff by up to 40%

    State-run telecom operator BSNL on Saturday slashed roaming tariff by up to 40% for its prepaid and postpaid mobile connection with effect from May 1.

  • Akshaya Trittiya
    May 02, 2015 15:57 IST

    Gold extends losses on global cues; Silver stages recovery

    In a mixed pattern of trading, gold extended losses for the second straight day and prices fell by another Rs 160 to Rs 27,030 per 10 grams in tandem with weak global market, while silver rebounded by Rs 510 to Rs 37,210 per kg on revival of buying by industrial units.

  • David Goldberg
    May 03, 2015 16:54 IST

    Dave Goldberg, CEO of SurveyMonkey and husband of Facebook COO Sandberg, dies

    Dave Goldberg, chief executive officer of SurveyMonkey and husband of Facebook chief operating officer Sheryl Sandberg, died unexpectedly on Friday night, his brother wrote in a Facebook post on Saturday.

  • Arun Jaitley
    May 03, 2015 12:59 IST

    India's holding of US securities crosses $100 bn mark

    Logging fresh one-year high, India's exposure to US government securities reached $101.7 billion as the country purchased nearly $10 billion worth bonds in just one month.

  • Subrata Roy
    May 03, 2015 14:17 IST

    Sebi makes fresh bid to find Sahara investors for refunds

    Making a fresh bid to locate Sahara investors eligible for refunds, capital markets regulator Sebi has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.

  • income tax
    May 02, 2015 01:06 IST

    New labour law will make it easy for firms to lay off staff

    In keeping with its objective of simplifying the country’s archaic labour laws, the government is planning to integrate three labour laws into a single code, which will enable companies to fire their staff without any official sanction if their staff strength is up to 300.

  • Snapdeal
    May 01, 2015 16:01 IST

    FIR ordered against Snapdeal CEO for selling medicines

    Maharashtra's FDA on Friday said it has ordered filing of FIR against e-commerce major Snapdeal.com's CEO Kunal Bahl and directors of the company in a case related to alleged online sale of medicines, including prescription drugs.

  • Indian Finance Minister Arun Jaitley.
    May 02, 2015 01:02 IST

    Government’s reforms push to take growth to 9-10%: Jaitley

    Modi government’s reform initiatives will help India’s economy grow 9-10% in the coming years, finance minister Arun Jaitley said on Friday.

  • REIT real estate
    May 02, 2015 00:58 IST

    REITs to debut in India as DLF readies 2 funds

    DLF REIT is the widely awaited debut of Real Estate Investment Trust in India. The country’s largest realty company is readying to raise an estimated Rs 6,000 crore over the next two years.

  • SpiceJet
    May 01, 2015 23:18 IST

    SpiceJet extends complimentary meal on premium tickets

    The second-largest low-cost airline SpiceJet on Friday extended complimentary meals and beverages, and priority baggage handling for select seats under SpiceMax to an indefinite period.