Business News

Last updated: Thursday, May 26, 2016 1:12:21 AM

Derivatives expiry, results to guide equity markets (Market Outlook)
Mumbai, May 22 (IANS) Derivatives expiry, combined with fourth quarter results and position of foreign investors vis-a-vis India, will guide the domestic equity markets during the week ahead.

Sunday, May 22, 2016 11:54:04 AM

Indian Airlines merger, lack of leadership wreaked havoc: Air India chief
New Delhi, May 21 (IANS) Air India chief Ashwani Lohani said an incomplete Indian Airlines merger coupled with lack of leadership doubly jeopardised the national carrier.

Saturday, May 21, 2016 10:34:04 PM

Indian economy has macro stability: Rajan
Bhubaneswar, May 21 (IANS) Reserve Bank of India (RBI) Governor Raghuram Rajan on Saturday said despite two droughts and a weak international market scenario, the Indian economy has recorded 7.5 percent growth.

Saturday, May 21, 2016 10:30:03 PM

Reliance Communications, Aircel merger talk extended by 30 days
New Delhi, May 21 (IANS) Industrialist Anil Ambani-led Reliance Communications (RCOM) on Saturday said it has extended "exclusive discussions" for potential merger of its wireless business with the promoters of Aircel by another 30 days.

Saturday, May 21, 2016 7:02:28 PM

Economy recovering but some sectors under stress: RBI governor
Bhubaneswar, May 21 (IANS) Even though the economy is in the midst of recovery, there is still work to be done as some sectors are experiencing stress, said Reserve Bank of India (RBI) Governor Raghuram Rajan on Saturday.

Saturday, May 21, 2016 7:02:26 PM

Ratan Tata invests in chatbot
Kolkata, May 21 (IANS) Ratan Tata, chairman emeritus of Tata Sons, has invested an undisclosed amount in, an artificial intelligence-based chatbot, a company founded by four IIT-Kharagpur alumni.

Saturday, May 21, 2016 7:00:06 PM

Massive outflow of foreign funds drag equity markets lower (Weekly Review)
Mumbai, May 21 (IANS) A massive outflow of foreign funds on the back of negative global and local cues dragged the Indian equity markets lower during the just concluded weekly trade.

Saturday, May 21, 2016 5:40:04 PM

Air India starts discount fares scheme
New Delhi, May 21 (IANS) To lure more flyers national passenger carrier Air India on Saturday offered a new discount scheme, with fares starting from Rs.1,499 (all inclusive).

Saturday, May 21, 2016 5:40:03 PM

Power minister for cross-subsidisation of tariff
New Delhi, May 20 (IANS) Union Power Minister Piyush Goyal on Friday pitched for low-cost power for Indian farmers through cross-subsidisation of power tariff, whereby industrial consumers pay higher costs towards lower rates for other categories.

Friday, May 20, 2016 9:36:04 PM

April air passenger traffic up 21 percent
New Delhi, May 20 (IANS) Domestic air passenger traffic rose 20.93 percent in April to 79.32 lakh from 65.59 lakh registered during the corresponding month of last year, official data showed on Friday.

Friday, May 20, 2016 8:42:04 PM

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