Business News
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27 Oct 2016
IndiaMahindra looks to revive motorcycle brands BSA, Jawa
Mahindra & Mahindra is looking to revamp its two-wheeler business and shift its strategy to cater to a niche market and focus heavily on premium motorcycles.
26 Oct 2016
AppleApple sees falling sales and thinner revenue
American multinational tech giant Apple posted declining sales and revenue for the company during its fourth quarter.
26 Oct 2016
IndiaIndia sees bank deposit portfolio cross Rs.100 trillion
India's promising banking sector is reflecting increasing amount of deposits being made with the country's many banks and financial institutions.
25 Oct 2016
IndiaEmami looks to expand cement business, unveils new brand
Consumer goods maker Emami has unveiled plans of expanding its cement business and launching the business' new brand name.
25 Oct 2016
IndiaE-tailers eyeing offline stores across smaller towns
India's e-tailers are considering launching their offline stores across small cities in the country.
24 Oct 2016
Central Bureau Of Investigation (CBI)SEBI investigates unfair access to stock-exchange's trading-systems
The Securities and Exchange Board of India (SEBI) will initiate a fresh probe into allegations of brokers unfairly accessing algorithmic trading (AT) servers of the National Stock Exchange.
24 Oct 2016
IndiaHCL banks big on acquisitions
India's IT giant HCL Technologies is reportedly eyeing massive acquisitions to drive the company's growth.
24 Oct 2016
IndiaIndia's sixth tranche of gold bond scheme opens
Starting today, the Government of India, along with the Reserve Bank of India launched its sixth tranche of the gold scheme.
22 Oct 2016
Reliance IndustriesKumar Birla appointed as IIM-A Chairman
The HRD Ministry has appointed Aditya Birla Group Chairman, Kumar Mangalam Birla, as the new Chairman of the Board of Governors of the Indian Institute of Management, Ahmedabad.
22 Oct 2016
iPhoneApple products on Amazon labelled as 'genuine' actually fake
Apple has said that many of its products currently being sold on Amazon may in fact be fake.
22 Oct 2016
JapanSoftBank looking to fund tech-focused ventures
Japan's SoftBank Group, in partnership with Saudi Arabia's public investment fund, recently announced a global technology fund of $100 billion.
22 Oct 2016
IndiaFlipkart looks to launch offline stores across India
Indian e-commerce platform Flipkart is eyeing further expansion by launching offline stores across the country.
21 Oct 2016
IndiaAir India looks to woo travelers with Wi-Fi on board
Indian airline carrier Air India is eyeing better services on air to gain travelers, and help boost its revenues.
21 Oct 2016
FacebookFacebook's Marketplace to disrupt India's classifieds market?
With Facebook recently adding a new popular feature, Marketplace, for enabling users to buy and sell items, many experts predicts that it will be a boon to India's classified market.
21 Oct 2016
Saudi ArabiaSaudi Arabia raises $17.5 billion through first bond issue
Saudi Arabia raised a massive $17.5 billion in one of the largest bond sales clocked for an emerging country.
21 Oct 2016
Securities and Exchange Board of IndiaSEBI to review proposed algorithmic trading regulations
The Securities and Exchange Board of India (SEBI) would reportedly begin a second consultation round with market players on algorithmic trading regulations and drop some of its previous proposals.
19 Oct 2016
IndiaFurniture rental start-up Furlenco raises $30 million
Furlenco has raised fresh funds amounting to nearly $30 million, which includes both debt and equity.
19 Oct 2016
MumbaiRBI looks to tackle growth over inflation
In its first monetary policy meeting, the RBI said that all of the monetary policy committee's members had voted in favour of the repo rate cut that was announced earlier this month.
18 Oct 2016
FacebookMeet Musical.ly, an app that is taking USA by storm
Founded in Shanghai in 2014 as a platform to create, share and discover short music videos, Musical.ly has grown in popularity, particularly in the US, and has over 100 million users today.
18 Oct 2016
IndiaFuture Group's Kishore Biyani to focus on private labels
India's consumer and retails giant Future Group's head, Kishore Biyani, is all set to launch newer private labels to help boost the company's revenue over the coming years.
18 Oct 2016
MaharashtraMaharashtra's agricultural sector undergoing vast changes
Maharashtra's agricultural sector is witnessing robust changes, after the popular farmer-to-consumer markets and agricultural reforms were effected.
17 Oct 2016
IndiaFirstCry acquires Mahindra's BabyOye for Rs.362.1 crore
Online baby care portal FirstCry acquired Mahindra Group's e-commerce website for kids' products, BabyOye.
16 Oct 2016
JapanSoftBank putting together a mammoth tech investment fund
Japan's SoftBank Group announced setting-up of a fund to invest as much as $100 billion in technology focused ventures, over the next five years.
14 Oct 2016
FlipkartIconic toy brand, Hamleys, to expand in India
Britain based Hamleys, a toy shop retail major, will be opening six more stores in India by March 2017.
12 Oct 2016
IndiaCraft beer scripting a growth story in India
Multitudes of private equity investors have taken an interest in India's increasing list of microbreweries.
11 Oct 2016
IndiaNumber of credit cards in India to touch 30 million
With credit-card numbers increasing every year, bankers said that this year, the number of credit cards issued is set to cross the 28 million mark it touched in March 2008.
11 Oct 2016
PunjabRBI's approval to restructure food credit given to Punjab
The Reserve Bank of India (RBI) has approved the proposal to restructure food credit of Rs.30,000 crore allocated to Punjab.
11 Oct 2016
Bharat PetroleumBharat Petroleum to raise $500 million through bonds
Indian oil giant Bharat Petroleum is set to raise nearly $500 million in funds through issuing bonds or via external commercial borrowing.
10 Oct 2016
IndiaTech Mahindra eyes higher revenues from digital analytics
Tech Mahindra's Chief Strategy and Marketing Officer, Jagdish Mitra, said that the company is looking to gain nearly 50% of its revenues from digital technology by 2020.
08 Oct 2016
LinkedInLinkedIn unveils new feature for job seekers
American business networking platform, LinkedIn, announced a new feature for job seekers who are looking for jobs without having to notify their bosses.
08 Oct 2016
IndiaIndian start-up trends in 2016: Financials going strong
In 2015, India's investment market for start-ups faced much gloom, with many companies closing down.
08 Oct 2016
Reserve Bank Of India (RBI)Need to remove hurdles to achieve 8% sustainable growth
Speaking at the 32nd India Economic Summit, Commerce and Industry Minister Nirmala Sitharaman said Indian economy can achieve an 8% sustainable growth in the coming years.
07 Oct 2016
Bharti AirtelIndia's largest spectrum auction raises $9.9 billion, misses target
India's spectrum auction ended yesterday, with the government raising $9.9 billion, out of the $84 billion-worth of spectrum put up for sale.
05 Oct 2016
IndiaPiramal Enterprises fined Rs.6 lakh for insider trading
The Securities and Exchange Board of India (SEBI), which serves as the country's market regulator, slapped a fine of Rs.6 lakh on Piramal Enterprises for breaching insider trading norms.
04 Oct 2016
IndiaRBI cuts repo rate to 6.25%, markets rally
The Reserve Bank of India cut its repo rate by 25 basis points to lower it to 6.25%.
03 Oct 2016
IndiaOnline marketplace giants look to bag $1.5 billion in sales
With India's biggest e-commerce giants launching their nationwide sales this week, Amazon announced its sale numbers at 1.5 million units.
02 Oct 2016
KarnatakaKotak to acquire micro finance company
Kotak Mahindra Bank (Kotak) is in discussions to acquire a Karnataka based micro finance company, BSS Microfinance.
02 Oct 2016
Apple MusicSong-identifying company Shazam reaches profitability at last
Song-identifying app Shazam finally reached profitability after crossing the 1 billion download mark.
01 Oct 2016
LinkedInMeerkat removed from iOS App store
Ben Rubin, the CEO of Meerkat developer Life On Air Inc., announced that live-streaming app Meerkat had been removed from the iOS app store, calling it a "bittersweet" moment.
01 Oct 2016
MumbaiRBI directs banks to publish photos of only wilful defaulters
The Reserve Bank of India directed lenders and other financial banking institutions to not resort to publishing photographs of all defaulters indiscriminately.
