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Idea gets shareholders nod to raise up t...

Idea gets shareholders nod to raise up to Rs 10,000 crore

Idea Cellular said its shareholders have approved to raise up to Rs 10,000 crore through issue of non-convertible securities on private placement basis in one or more tranches The company, which held its 20th Annual General Meeting (AGM) on Monday, said all the items of business contained in the... read more »

Uber a good brand, but its products not ...

Uber a good brand, but its products not tuned to Indian customers’ ne...

While Uber is a good brand with good products, competitor Ola’s Co-Founder and CEO Bhavish Aggarwal feels it trails in India because its products are not tuned to the needs of the Indian consumer. “Ola has a huge market leadership, which we are increasing as we go along because we are... read more »

Antrix told to pay Devas $672 million

Antrix told to pay Devas $672 million

The International Court of Arbitration upheld the Deutsche Telekom-funded Devas’s argument that the cancellation of the deal six years after an agreement in this regard was arbitrary An international tribunal has asked Antrix, a wholly-owned government entity under the Department of Space, to pay... read more »

Global stocks touch two-year low

Global stocks touch two-year low

In Dublin, the ISEQ index of Irish shares was down a hefty 2.68pc to 6055.96. That rout meant only a hand full of names escaped the general slide lower – among them Aminex. Datalex and Malin Corp. But for most names in Ireland and across Europe the day was market by declines. The pan-European... read more »

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Economy

Sensex trades flat during early session

Sensex trades flat during early session

Mumbai – A benchmark index of Indian equities markets was trading flat at 1.10 points or 0.01 percent down in the early morning trade Monday. Selling pressure was observed in oil and gas and... read more »

Chidambaram calls for high level of probity in capital market

Chidambaram calls for high level of probity in cap...

Mumbai – Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns... read more »

Wal-Mart names Krish Iyer as India unit head

Wal-Mart names Krish Iyer as India unit head

New Delhi – US retail major Wal-Mart Stores Friday named Krish Iyer as the president and chief executive officer (CEO) of its India unit, effective Jan... read more »

Sensex closes 245 points down; automobile stocks plunge

Sensex closes 245 points down; automobile stocks plunge

Mumbai – A key index of the Indian equities markets Thursday closed 245.80 points or 1.16 percent down, its third consecutive fall this week, as bearish... read more »

Govt of the day pays the price for high inflation: Chid...

Govt of the day pays the price for high inflation: Chidambaram

New Delhi – Apparently admitting that price rise was one of the reasons for Congress defeat in recent elections, Finance Minister P Chidambaram Wednesday... read more »

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Investing

Gold prices fall by 0.21 per cent in futures trade on global cues

Gold prices eased by 0.21 per cent to Rs 26,800 per 10 grams in futures trade on Tuesday, tracking a weak global trend, as speculators offloaded their position. Market analysts said the fall in gold... read more »

Gold Falls by Rs 45 to Rs 27,265 on Sluggish Deman...

New Delhi: In a mixed pattern of trading, gold prices declined by Rs 45 to Rs 27,265 per 10 grams at the bullion market on Monday, owing to slackened... read more »

Gold, silver prices rise on brisk buying, global cues

NEW DELHI: Any revision in gold import duty is unlikely to take place before the Budget and there is no proposal as of now to reduce the 10 per duty, a finance... read more »

With gold prices falling, jewellers increase inventory ...

Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in... read more »

Appetite for jewellery boosts India gold demand: WGC

Indian appetite for gold jumped by more than a third in the last quarter, in sharp contrast to the rest of the world, boosted by jewellery demand for the... read more »

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Gold & Metals

Gold gains 230 on global cues, seasonal demand

Snapping its nine-day losing streak, gold prices recovered by Rs. 230 to Rs. 28,260 per 10 grams in the national capital on Tuesday on a firming trend overseas and emergence of buying by jewellers... read more »

Gold trading outlook: futures lower as dollar rise...

Gold futures were lower during early trade in Europe today, as investors look towards economic data to further strengthen speculation for an earlier... read more »

Gold remains weak on sluggish demand; silver ends lower

NEW DELHI: Continuing its losing streak for the eight straight session, gold prices shed Rs 40 to close at almost one-month low of Rs 28,100 per 10 grams in... read more »

Gold futures decline to Rs. 28,420 per 10 gm; silver do...

NEW DELHI, AUG 18:   Gold prices fell 0.82 per cent to Rs. 28,420 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by... read more »

Gold demand drops 16% led by declines in India to China

London: Gold demand fell 16% in the second quarter, led by declines in India and China, the World Gold Council said. Global demand slipped to 963.8 tonnes from... read more »

More from Business

Will Alibaba crash impact Indian e-commerce valuation?

NEW DELHI: When Alibaba listed on NYSE a year ago, it created history with the highest share sale value, making the Chinese e-commerce giant valued at around $230 billion. A year on, the... read more »

Pfizer to sell Thane plant to Vidhi Research for Rs 178 crore

Drug firm Pfizer has said it has entered into a business transfer agreement to sell its Thane plant as a going concern to Vidhi Research and Development LLP for Rs 178 crore. In a BSE... read more »

Sterlite Technologies acquires Elitecore Tech for Rs 180-crore

NEW DELHI: Sterlite TechnologiesBSE 2.23 % today announced the acquisition of telecom software product firm Elitecore Technologies at Rs 180 crore in an all-cash deal to widen its telecom... read more »

Volkswagen unveils five-year investment plan to become world’s leading carmaker by 2018

Volkswagen emissions scandal spreads to Europe and threatens to embroil more models and ri...

The Volkswagen and Audi diesel emissions scandal which has thrown the global car industry into turmoil has spread to Europe and threatens to embroil more models and rival carmakers. The... read more »

Dr Reddy’s settles patent litigation on Kuvan tablets

he California-based BioMarin Pharmaceutical has entered into a settlement agreement with Dr Reddy’s Laboratories to resolve patent litigation in the US regarding Kuvan, the former’s 100mg... read more »