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Business

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Ola raises $2 billion from Softbank, Ten...

Ola raises $2 billion from Softbank, Tencent, other investors.

Chinese internet giant has concluded a USD 2 billion fund raising from Tencent, Japan’s SoftBank and other US-based investors, according to multiple news reports. Tencent has concluded a $400 million investment in the Indian cab aggregator, according to a report in The Economic Times. The... read more »

RCom-Aircel Merger Called Off Due to ...

RCom-Aircel Merger Called Off Due to ‘Regulatory’ Hurdles.

Reliance Communications, which is reeling under a debt of about Rs 46,000 crore, Sunday called off merger talks with Aircel, citing “legal and regulatory” delays and outlined an alternative plan for debt reduction by selling real estate as well as tower and fibre business. “Merger... read more »

4 Main Reasons for Rejection of Your Bus...

4 Main Reasons for Rejection of Your Business Loan and How to Fix Them?

“You are rejected”— these three words are enough to panic you! Whether it’s a job, love proposal or a business loan, rejection hurts, and it hurts badly. While we can do little in case of job or love proposal rejection, we can help you with your business loan rejection. In case of a... read more »

5 Signs You Need to Make a Switch to LED...

5 Signs You Need to Make a Switch to LED Luminaires

LED lights are the lighting choice of the future and industries across the globe are adopting this technology at a fast pace. The lighting industry is witnessing a major overhaul, and this is all due to LED lights. As an efficient lighting solution, LED lights can fulfil every lighting role... read more »

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Economy

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Volkswagen pleads guilty in U.S. court in diesel emissions scanda...

DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S.... read more »

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U.S. extends leniency programme for companies that...

MIAMI (Reuters) – The U.S. Justice Department will extend a programme that offers companies leniency if they voluntarily tell authorities when... read more »

Lloyds, two others dismissed from yen Libor litigation ...

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NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation... read more »

Crunch week as Fed meets on rates, Trump team joins G20

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LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the... read more »

Some bank bulls grow wary on policy uncertainty

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(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates,... read more »

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Investing

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India’s industrial output up 2.7 percent in January

NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... read more »

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Volkswagen, Tata Motors plan to cooperate in India

NEW DELHI/FRANKFURT (Reuters) – German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership... read more »

Gold ETFs witness outflow of Rs 363cr in Apr-Aug FY 201...

NEW DELHI: Investors continue to pull out money from gold exchange-traded funds (ETFs), but the pace of outflow has slowed down in the current fiscal on... read more »

Gold hovers near three-week high as equities slip

Gold held close to its highest level in nearly three weeks on Monday, boosted by safe-haven demand after the Federal Reserve’s move last week to leave US... read more »

Gold tops Rs 27,000-mark on global cues, seasonal deman...

Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market today in line with a firm global trend amid pick up... read more »

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Gold & Metals

Government cuts import tariff on gold and silver

NEW DELHI: The government has slashed import tariff value on gold to $375 per 10 grams and silver to $512 per kg following weak global price trends. During the first fortnight of the month, the... read more »

Gold falls Rs 195 per 10 gram; silver down Rs200 p...

New Delhi: Taking weak cues from overseas markets and subdued demand from jewellers, gold on Tuesday plunged by Rs195 to Rs26,430 per ten gram and... read more »

Gold near three-month low

Gold edged up on Monday, but remained near a three-month low as the dollar hit an 11-year high after a strong U.S. jobs report boosted expectations the Federal... read more »

Gold Monetisation Scheme Should Be Investor Friendly: G...

After the announcement of a gold monetisation scheme in the Budget, the details of the scheme are keenly awaited. The scheme has the potential to attract Rs. 1... read more »

Gold, silver rebound on marriage season demand, global ...

  Gold prices recovered by Rs 95 to Rs 27,285 per 10 grams at the bullion market on Thursday on emergence of buying by jewellers to meet wedding season... read more »

More from Business

Market Live: Sensex, Nifty remain sluggish; pharma stocks continue to bleed

Sun Pharma and Cipla were the top losers on both indices, while Maruti Suzuki, Mahindra and Mahindra, Eicher Motors and Hindalco gained the most. Moneycontrol News 2:45 pm Earning... read more »

RBI outlines broad plans on $150 billion bank bad loan resolution

The Reserve Bank of India (RBI) outlined the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the country’s banks Mumbai: The Reserve Bank of India (RBI)... read more »

GST: Govt dictating prices goes against free-market spirit; will anti-profiteering law end...

In an interview  on Monday, revenue secretary, Hasmukh Adhia, gave out an explicit warning to companies planning to increase prices on products ahead of the launch of Goods and Services... read more »

Tips to Reduce Your Factory & Warehouse Insurance Premium

While it is a necessity to buy a comprehensive insurance policy to insure your factory & warehouse, there are various pragmatic ways through which a business owner can get the complete... read more »

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Heavy Bikes, Luxury Yachts, Private Jets to Attract 31 Percent GS...

Srinagar: Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private aircraft and luxury yachts. According to... read more »