Business
World oil market ‘adequately supplied for now’, says IEA
London Oil markets look “adequately supplied for now” after a big production increase in the last six months, but the industry is coming […]
Business
Business
Liberty House to buy Arcelor’s 4 steel plants in Europe
Sanjeev Gupta-led Liberty House on Friday announced conditional agreement to buy ArcelorMittal’s four steel plants in Europe, in a move that is expected […]
Business
Sensex rallies 732 points, rupee recovers to 73.56 per US dollar
After the severe hammering on Thursday, equity benchmarks on Friday reversed almost all of those losses sending the Sensex vaulting by 732 points […]
Business
RBI Dy Guv Viral Acharya against diluting PCA norms
Reserve Bank Deputy Governor Viral Acharya on Friday strongly argued for continuing with the regulator’s Prompt Corrective Action framework, which has evoked criticism […]
Business
How a Sindhi family went from running a shop to managing $1.8 bn multinational
Mohan Vaswani’s father, who started selling textiles in 1948 from a shop the size of a shipping container in a small town in […]
Business
Tata Steel takes over AirAsia, Sunil Bhaskaran appointed CEO
Low-fare airline AirAsia India Limited on Wednesday appointed Sunil Bhaskaran, vice president at Tata Steel Ltd, as its new managing director and chief […]
Business
Arun Jaitley at CAG event: ‘Need to revisit legal regime for PSUs’
Finance Minister Arun Jaitley Thursday flagged the need to revisit the “legal regime” for public sector companies to ensure that they are able […]
Business
Aviation turbine fuel price cut by 2.6 per cent; to cost less than petrol, diesel
Jet fuel or ATF prices were Thursday cut by 2.6 per cent following the government decision to lower excise duty on the fuel. […]
Business
Cabinet approves productivity linked bonus for railway employees
Good news for railway employees. A festival bonanza has been announced for them. The Union Cabinet has approved the payment of Productivity Linked […]
Business
Bandhan Bank net profit increases 47 per cent on interest income
Private-sector lender Bandhan Bank on Tuesday reported a net profit of Rs 488 crore in the quarter ended September, up 47 per cent […]
Business
iPhone owners may soon get original shows for free
As part of a new digital TV strategy, Apple may give owners of its devices, such as the iPhone, iPad and Apple TV, […]
Business
Sensex crashes over 1,000 points, Nifty below 10,200 on global sell-off
The key Indian equity market indices on Thursday opened lower following a muted trend in global markets even as the Indian rupee slipped […]