Business News

Last updated: Sunday, February 14, 2016 11:52:03 AM

Oracle unveils big ticket expansion plans in India
New Delhi, Feb 12 (IANS) In a fillip to Prime Minister Narendra Modi's "Digital India" initiative, global software and cloud major Oracle on Friday unveiled three big ticket investment plans, keeping its commitment to expand further in the country.

Friday, February 12, 2016 5:08:03 PM

Ashok Leyland sends legal notice to Nissan
Chennai, Feb 12 (IANS) Commercial vehicles major Ashok Leyland on Friday said that it has sent a legal notice to its Japanese joint venture partner Nissan for misusing its equipment to make cars instead of light commercial vehicles as had been agreed.

Friday, February 12, 2016 4:50:04 PM

Caution over macro-data flares volatility, markets end flat
Mumbai, Feb 12 (IANS) Caution over the upcoming macro-data, coupled with unwinding of long-positions and negative global cues flared extreme volatility in the Indian equity markets on Friday.

Friday, February 12, 2016 3:54:03 PM

Markets need not panic, bad loans being tackled: Jaitley
New Delhi, Feb 12 (IANS) Finance Minister Arun Jaitley on Friday said Indian banks were equipped well to deal with bad loans, and that markets need not panic since the current turmoil that has pulled down key stock indices in the country is driven by external factors.

Friday, February 12, 2016 3:50:04 PM

January domestic passenger car sales slide
New Delhi, Feb 12 (IANS) Despite low interest and fuel costs, domestic passenger car sales stood flat in January, industry data showed on Friday.

Friday, February 12, 2016 3:38:04 PM

Bad loan clean-up must co-opt 'name, shame' policy (Comment)
New Delhi, Feb 12 (IANS) Even as Reserve Bank of India (RBI) Governor Raghuram Rajan says the claims made by analysts on the size of bad loans in the country's banking system border on scare-mongering, official data does not paint a rosy picture -- and even shatters some popular perceptions.

Friday, February 12, 2016 3:32:04 PM

Caution over macro-data flares volatility, markets trade flat
Mumbai, Feb 12 (IANS) Caution over the upcoming macro-data, coupled with unwinding of long-positions and negative global cues flared extreme volatility in the Indian equity markets on Friday.

Friday, February 12, 2016 3:06:05 PM

Mahindra Q3 profit slips
Mumbai, Feb 12 (IANS) Auto major Mahindra & Mahindra posted a net profit of Rs.807.99 crore for the October-December quarter of 2015-16 compared to Rs.942.14 crore during the corresponding period in 2014-15, the company said in a regulatory filing here on Friday.

Friday, February 12, 2016 2:58:03 PM

Honda awards 14 IIT students
New Delhi, Feb 11 (IANS) Leading automobile major Honda Motor India Pvt (HMI) on Thursday conferred the ninth Young Engineers and Scientists (Y-E-S) award on 14 Indian students from the premier IITs.

Thursday, February 11, 2016 11:30:10 PM

Wipro buys US healthcare services arm for $460 million
Bengaluru, Feb 11 (IANS) Global software major Wipro on Thursday announced buying a healthcare services business in the US for $460 million (Rs.3,150 crore).

Thursday, February 11, 2016 11:22:03 PM

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