Business

  • China economy
    Aug 02, 2015 17:30 IST

    Internet, e-commerce modernising agriculture sector in China

    The internet aided by e-commerce is helping boost the income of Chinese farmers and tranforming the backward agricultural sector into a lucrative modern industry.

  • Maggi
    Aug 01, 2015 18:48 IST

    Nestle India chief says priority is to bring Maggi back to market

    With the Maggi ban hitting sales of the company's other products, Nestle India's new managing director Suresh Narayanan on Saturday said bringing the instant noodles brand back to the market is his top priority as he sought to strike a conciliatory note with authorities.

  • ONGC
    Aug 01, 2015 20:40 IST

    Mahawar takes over as ONGC director of onshore operations

    Ved Prakash Mahawar took over as the director (Onshore) of state-owned Oil and Natural Gas Corp (ONGC) on Saturday.

  • Gold jewellery
    Aug 01, 2015 16:40 IST

    Gold rebounds on good buying, global cues

    Gold prices rebounded smartly at the bullion market in Mumbai on Friday following good buying by stockists as well as local consumers amid bullish global cues.

  • Kenichi Ayukawa (L), MD & CEO Maruti Suzuki
    Aug 01, 2015 15:21 IST

    Maruti picks up pace, sales up 20% in July

    Country's largest carmaker Maruti Suzuki India (MSI) on Saturday reported 20.1% rise in total sales in July at 1,21,712 units. It had clocked sales of 1,01,380 cars in July 2014.

  • Petrol pump
    Jul 31, 2015 22:13 IST

    Petrol prices slashed by Rs 2.43/litre, diesel by Rs 3.60/litre

    Government-run oil marketing companies reduced on Friday the retail prices of petrol and diesel by Rs. 2.43 per litre and Rs. 3.60 per litre, respectively.

  • Union Finance Minister Arun Jaitley with MoS (Finance) Jayant Sinha
    Aug 01, 2015 01:35 IST

    Govt comes to the aid of its banks with Rs 25,000 crore

    In a move that galvanised the stock markets, the government on Friday decided to raise its outlay for recapitalising state-owned banks this financial year to Rs 25,000 crore, more than three times the amount earmarked in the Budget. This money will be given in three tranches.

  • Apple music vs Others
    Aug 01, 2015 10:24 IST

    It’s raining affordable music on smartphones

    Welcome to the world of all-you-can-eat (er, listen) music apps from brands such as Gaana, Rdio, Hungama, Apple Music, Saavn and Wynk, which are defying music pirates with low-priced subscription models.

  • Paytm
    Aug 01, 2015 10:12 IST

    Digital wallet bridges online-offline divide

    Online commerce is booming because of the convenience it provides.

  • Electricity
    Aug 01, 2015 01:26 IST

    Power woes hit infra sector, growth slows down to 3% in June

    India’s infrastructure output growth slowed to 3% in June, pulled down by a slowdown in electricity production, latest data released on Friday showed.

  • Bombay Stock Exchange
    Aug 01, 2015 01:20 IST

    L&T net plunges 37%, company flays slow reforms

    Despite a marginal growth in overall revenue, engineering major Larsen & Toubro (L&T) on Friday reported a 37.3% decline in consolidated net profit at Rs 606.19 crore in the three months to June due to high base effect in the year-ago period.

  • An airbag of a Honda vehicle in Tokyo on July 6
    Jul 31, 2015 15:19 IST

    Honda three-month profit jumps nearly 20% to $1.5 billion

    Car maker Honda said on Friday that net profit in April-June jumped nearly 20% as strong sales in North America and a weak yen helped offset the impact of an exploding air-bag crisis.

  • Jul 31, 2015 13:22 IST

    ICICI Bank Q1 net profit up by 12% to Rs 2,976 crore

    The bank had a standalone net profit of Rs 2,655.30 crore in the corresponding quarter of last fiscal. The gross non-performing assets (NPAs) as a percentage of total advances of the bank rose to 3.68% during the quarter under review from 3.05% in the same quarter last fiscal, ICICI Bank said in a filing to BSE.

  • Sensex
    Jul 31, 2015 10:19 IST

    Sensex surges 409 points; biggest single-day gain in a month

    The stock market on Friday continued its rally for the third straight day as the benchmark BSE Sensex surged by 409.21 points to 28,114.56 led by gains in banking stocks after the government announced plans to infuse fresh capital into state-run lenders by September.

  • Bombay Stock Exchange
    Jul 31, 2015 09:50 IST

    Rupee weakens by 12 paise against dollar in early trade

    The rupee declined by 12 paise to 64.10 against the US dollar in early trade on Friday, extending weakness for the second day due to appreciation of the American currency overseas.