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Facebook CEO Zuckerberg faces IPO lawsuit over misleading investors
Facebook’s impact on Indian econom...

Facebook’s impact on Indian economy pegged at $4 billion

Facebook enabled $4 billion economic impact on the Indian economy and contributed to 3,35,000 jobs in some or the other way during last year, according to a study. The study titled Facebook’s Global Economic Impact, by Deloitte, analyses how the social networking site has facilitated growth and... read more »

Gold regains Rs 28,000 mark on seasonal ...

Gold regains Rs 28,000 mark on seasonal demand, global cues

Continuing its rising streak for the third consecutive day, gold crossed the Rs 28,000 level after over four months by gaining Rs 100 at the bullion market in the national capital on Monday. The precious metal rose to Rs 28,080 per ten grams largely on the back of sustained buying by jewellers and... read more »

Sensex breaches 28,900-mark; Nifty at 8,...

Sensex breaches 28,900-mark; Nifty at 8,730.45

The BSE Sensex breached the 28,900-mark and the NSE Nifty touched a new peak of 8,730.45 in early trade on Wednesday on sustained fund inflows, driven by the encouraging corporate earnings coupled with pre-budget optimism among participants. Rising for the fifth straight day, the 30-share index... read more »

Gilead licences Strides to make, distrib...

Gilead licences Strides to make, distribute AIDS drug in 112 countries

U.S. pharmaceutical major Gilead Sciences has signed a licensing agreement with Bengaluru-based Strides Arcolab, under which Gilead has extended non-exclusive rights to Strides to make and distribute Tenofovir Alafenamide (TAF), both as a single agent product and in combination with other... read more »

More from Business

Disappointing TCS, HCL Tech numbers leave IT defenceless

Tata Consultancy Services and HCL Technologies each declined about 9% on Friday, the worst daily fall in at least five years and HCL Technologies each declined about 9% on Friday, the worst... read more »

DLF shares bounce back after hitting fresh record low

Shares of realty giant DLF on Thursday hit a fresh life-time low of Rs. 100 a piece, before bouncing back on bargain buying and gained over 15 per cent from day’s low. In a tumultuous... read more »

ISRO puts third of seven Indian GPS satellites IRNSS-1C in space

On its 27th consecutive successful mission the Indian Space Research Organization’s Polar Satellite Launch Vehicle launched the IRNSS -1C, the third in a series of seven Indian Regional... read more »

SoftBank’s $650 million injection to value Snapdeal at $2 billion

SoftBank Corp is set to invest up to $650 million in Snapdeal in a deal that could see it become the largest shareholder with a nearly 35% stake in India’s second-biggest online... read more »

Modi replaces top finance mandarin Mayaram in first major shakeup

Prime Minister Narendra Modi has transferred the top civil servant at the finance ministry, replacing him with a top official from Rajasthan, the state that has pushed dramatic free market reforms in... read more »