Business

  • Sensex
    Aug 04, 2015 10:01 IST

    Sensex loses 4-day winning run as RBI holds policy rates

    In highly volatile trade, the 30-share BSE index after rising to touch the day's of 28,264.72 points in early trade, quickly slipped into the negative terrain and dipped below the 28,000-mark to touch a low of 27,866.12 before the RBI policy announcement.

  • Budget, black money
    Aug 03, 2015 14:39 IST

    HSBC profit falls 3.8% in Q2, Brazil sell-off agreed

    HSBC announced on Monday that net profit fell 3.8% in the three months to June, as the company agreed to sell its Brazilian business for $5.2 billion to Brazil's Banco Bradesco.

  • Indian Rupee
    Aug 03, 2015 09:54 IST

    Rupee closes 9 paise higher at 64.04 against USD

    The rupee recovered 17 paise at 63.96 against the dollar in early trade on Monday, snapping its two-day losing run, on fresh selling of the US currency by exporters amid fall in global crude prices.

  • Rupee
    Aug 03, 2015 08:05 IST

    Now there's an app that delivers forex at your doorstep

    Now, all you need is to swipe your phone to get the best foreign exchange rate in town! And, if that is not enough get it delivered at your door step, too. Thanks to a new smartphone app for forex introduced by the country’s first foreign exchange aggregator, FXKart.

  • M Govinda Rao Member of FSLRC RBI governor veto power
    Aug 02, 2015 23:05 IST

    Proposal to clip RBI guv’s veto not the FSLRC view, says member

    In a new twist to the controversial proposal to strip the Reserve Bank of India governor of his veto power in interest rate decisions, an FSLRC member has said the draft bill does not reflect the views of the panel.

  • 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.

  • 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.

  • 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.

  • 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.

  • Petronet LNG
    Jul 30, 2015 23:05 IST

    Petronet LNG appoints GAIL's Prabhat Singh as new MD and CEO

    Prabhat Kumar Singh has been appointed the new managing director and CEO of Petronet LNG Ltd, India's biggest liquefied natural gas importer.

  • Thomas Cook
    Jul 30, 2015 22:46 IST

    Thomas Cook India acquires Sri Lanka-based Luxe Asia

    Travel company Thomas Cook India has acquired Sri Lanka-based destination management firm, Luxe Asia, for an undisclosed sum.

  • gold
    Jul 30, 2015 19:28 IST

    Gold prices slip on global cues, silver surges

    Gold prices fell back after a brief overnight rebound at the domestic bullion market in Mumbai on Thursday due to fresh selling by stockist and jewellery traders amidst lower global cues.

  • Indian Rupee
    Jul 30, 2015 11:17 IST

    Rupee slips 13 paise against dollar, breaches 64-mark

    After a brief pause, the rupee on Thursday fell by 13 paise to end at 64.04 against the US currency on strong month-end dollar demand from importers.

  • General Motors
    Jul 29, 2015 23:33 IST

    GM to invest $1 billion for 'make in India' push

    With an aim to put its troubled past behind it, General Motors, the world’s third-largest carmaker, on Wednesday announced a major overhaul of its near two-decade old operations in India. The company announced an investment of $1 billion (Rs 6,400 crore) towards expanding its capacity at Talegaon, closure of older Halol factory and plans to launch 10 new models by 2020.

  • China economy
    Jul 29, 2015 01:19 IST

    China’s economic slowdown may not spell gains for India

    China’s economic slowdown may not automatically spell gains for India. “When a giant economy such as China’s slows down, the impact is bound to be felt across (the globe) including India, which was not the case when there was turbulence in Greece,” said an analyst.