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India Business News | Business News - Times of India

Get the latest news and top updates on business, finance and economy in India and daily stock markets news on BSE SENSEX, NSE NIFTY and the Indian Rupee.

Last Build Date: Sat, 22 Oct 2016 20:13:00 GMT

Copyright: Copyright:(C) 2016 Bennett Coleman & Co. Ltd,

L&T chief Naik pledges 75% of income to philanthropy

Fri, 26 Aug 2016 03:56:30 GMT

(image) He’s set up two charitable trusts — the Naik Charitable Trust for education and skill training and the Nirali Memorial Medical Trust, named after his grand daughter.

Nirma, Lafarge cement Rs 9000 crore deal

Mon, 11 Jul 2016 20:44:08 GMT


Piramal books a ride on Siva’s Utoo

Mon, 11 Jul 2016 20:03:52 GMT

(image) Billionaire investor Ajay Piramal has pumped in an undisclosed sum to pick up a minority stake in serial entrepreneur C Sivasankaran’s comeback business Utoo Cabs, a cab aggregator.

Experian launches CrossCore for intra-bank connectivity

Fri, 03 Jun 2016 22:13:23 GMT

(image) With banks tying up with as many as two to five software vendors, credit rating agency Experian expects the launch of CrossCore to ease workflow at banks and help integrate third-party solutions for fraud management.

Corporates switching to eco-friendly PET bottles

Fri, 03 Jun 2016 22:04:07 GMT

(image) With increasing research that bubble top containers, used to store drinking water, may contain bisphenol A (BPA), corporates are increasing looking at safer, more eco-friendly options and hence, the switch to PET.

RBI cracks whip to stop ATM fraud

Thu, 02 Jun 2016 20:57:20 GMT

(image) RBI on May 26 ordered all operators to ensure that their existing machines can process “EMV chip and PIN cards by September 30, 2017” while “all new ATMs shall necessarily be enabled for EMV chip and PIN processing from inception.”

Sensex tanks 133 pts in early trade on Asian cues

Thu, 19 May 2016 04:40:12 GMT

(image) The benchmark BSE Sensex lost 133 points to 25,571.97 in early trade on Thursday on sustained fund outflows amid weak trend at other Asian markets.

Sensex slumps to 3-week low, sinks 215 points

Thu, 07 Apr 2016 12:16:19 GMT

(image) Market benchmark Sensex tumbled to a three-week low of 24,685.42 as investors pursed asset-light strategy on muted expectation of fourth quarter results amid bearish overseas cues on Federal Reserve highlighting the risks facing the global economy. The NSE Nifty also cracked below the 7,600-mark.

HUL splits foods and refreshments portfolio

Thu, 02 Jun 2016 21:10:19 GMT

(image) Hindustan Unilever has re-organized its foods and refreshments business into two separate portfolios. This follows both foods (Knorr, Kissan and Annapurna) and refreshments (Bru, Lipton, Magnum, Cornetto and Kwality Walls) attaining scale following a growth momentum.

Sebi moots new norms for warehouses in comex space

Thu, 02 Jun 2016 21:20:44 GMT

(image) Sebi has come out with a consultation paper on how comexes should deal with warehouses registered with them. It has specified minimum standards for warehouses which want to be part of the commodity derivatives space in the country.

10 Indian companies in 25 top workplaces list for Asia

Fri, 18 Mar 2016 11:24:09 GMT

(image) India offices of MNCs like DHL, Google and Marriott ranked among the top workplaces in Asia. 10 Indian companies including Lupin, M&M and InterGlobe Enterprises also made it to the list under the '25 Best Large Places to Work' category.

Air passenger traffic jumps 24% in Feb

Fri, 18 Mar 2016 10:30:28 GMT

(image) Marking a growth of over 24 per cent in passengers number, domestic airlines flew 74.76 lakh people in February with majority of the carriers recording over 80 per cent seat occupancy. In February last year, the carriers had ferried 60.16 lakh passengers.

Mercedes-Benz launches upgraded SUV GLS 350d

Wed, 18 May 2016 12:05:42 GMT

(image) German luxury carmaker Mercedes-Benz on Wednesday launched an upgraded version of its seven-seater sports utility vehicle GLS 350d in India, priced at Rs 80.4 lakh (ex-showroom Pune).

AirAsia names Amar Abrol as India CEO

Fri, 18 Mar 2016 10:17:26 GMT

(image) Amar Abrol will take over as the CEO of low cost carrier AirAsia India with effect from April 1, 2016. Abrol has over 20 years of experience and will succeed Mittu Chandilya. The company made the announcement in New Delhi on Friday.

Gold, silver bounce on global cues

Wed, 17 Feb 2016 09:51:44 GMT

Snapping a three-day losing streak, gold prices firmed up by Rs 215 to Rs 28,850 per ten grams at the bullion market on Wednesday, tracking a firm trend overseas and fresh buying by jewellers to meet the wedding season demand.

Interest rates not holding back economy: Rajan

Thu, 04 Feb 2016 06:29:23 GMT

(image) After leaving the interest rates unchanged for the second time in as many months, RBI Governor Raghuram Rajan on Wednesday, said interest rates are not holding back the economy.

India maintains lead in global confidence index

Tue, 02 Feb 2016 16:20:22 GMT

(image) India has maintained its lead in the global confidence index for the third consecutive quarter in a row. India's score at 131 points in the fourth quarter of 2015 is followed by Philippines (117), Indonesia (115) and Thailand (114).