Business

  • 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.

  • Sri Lanka Cricket
    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.

  • incometax
    May 22, 2015 17:58 IST

    Simplified income tax return forms to be notified by next week

    The finance ministry will come out with simplified Income Tax Return (ITR) forms by the next week, replacing the controversial ones that have been put on hold.

  • Marcus Brauchli, Rajiv Verma
    May 22, 2015 23:10 IST

    HT Media, NorthBase join hands to aid digital start-ups

    HT Media Ltd and US-based North Base Media (NBM) on Friday jointly launched Mediahack.in, an initiative aimed at promoting and supporting budding entrepreneurs. The joint venture will focus on building digital media companies based on original content and advertising-related technologies.

  • ONGC
    May 22, 2015 19:39 IST

    India plans new oil subsidy rules to push ONGC stake sale

    India plans to reform rules governing the level of discounts upstream state oil firms including ONGC offer to retailers, a senior finance ministry official said on Friday, a move that could expedite the sale of a stake in the company.

  • Bombay Stock Exchange
    May 22, 2015 09:58 IST

    Sensex closes 148 points up, highest in a month

    The benchmark BSE Sensex recovered by over 148 points Friday to close at a one-month high of 27,957.50 on across-the-board buying by participants amid renewed hopes of a rate cut and better-than-estimated corporate earnings.

  • Spicejet
    May 22, 2015 21:16 IST

    SpiceJet to hold flash sales on Saturday

    On the occasion of completing 10 years in operation, budget passenger carrier SpiceJet on Friday announced a 'Happy Birthday to Us' flash sale offering a 10% discount on select flights.

  • Rupee
    May 22, 2015 10:01 IST

    Rupee extends gains for second session, up 12 paise

    Continuing its rising streak for the second straight session, the rupee on Friday moved up by another 12 paise to close at 63.52 per dollar on sustained selling of the American currency by banks and exporters.

  • SpiceJet
    May 21, 2015 23:07 IST

    SpiceJet gets Rs 300 crore, to expand fleet to 50

    Gurgaon-based budget carrier SpiceJet has raised Rs 300 crore and will aggressively ramp up its fleet, by adding 1-2 Boeing 737s every month to increase its fleet size to 50 by March 2016.

  • Chile
    May 21, 2015 23:11 IST

    Airlines lure holidayers with low overseas fares

    Short-haul international destinations seem to be the flavour of the season for Indian leisure travellers this summer.