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Tesla’s Q2 deliveries surge

Tesla’s Q2 deliveries surge

Tesla’s second-quarter sales jumped 52 per cent, higher than the company had forecast, giving the Silicon Valley automaker important momentum ahead of the debut of its Model X sport-utility later this year. Tesla’s shares rose two per cent to $US274.75 in morning trading following the... read more »

Aetna Agrees to Buy Humana for $37 Billi...

Aetna Agrees to Buy Humana for $37 Billion in Cash, Stock

Aetna Inc. agreed to buy Humana Inc., the second-largest provider of private Medicare insurance, for $37 billion in cash and stock to broaden its health-care coverage. The transaction values Humana at $230 a share based on yesterday’s closing price for Aetna, the companies said in a statement... read more »

Revised railway ticket refund rules from...

Revised railway ticket refund rules from today

The revised rules for refund of cancelled railway tickets, which are aimed at facilitating early confirmation of wait-listed passengers, have come into effect from Wednesday. On June 25, Railway Ministry has revised its refund rules comprehensively under which passengers will have to present their... read more »

Petrol price hiked by Rs 3.13 a litre, d...

Petrol price hiked by Rs 3.13 a litre, diesel Rs 2.71 per litre, effective ...

Petrol price was today hiked by Rs 3.13 a litre and diesel by Rs 2.71 per litre, the second straight steep increase in rates this month. The price hike, which comes on the back of Rs 3.96 per litre increase in petrol rates and Rs 2.37 a litre raise in diesel rates from May 1, will be effective from... read more »

More from Business

SoftBank’s latest India pick: 30% stake in Housing.com for Rs 430 cr

After diverse investments in the Indian startup space ranging from online e-tailer Snapdeal to cab service OlaCabs, SoftBank has now reportedly found a new Indian startup to invest in:... read more »

Infosys BPO removes CFO Abraham Mathews for violating code of conduct

IT major Infosys on Tuesday showed the door to Abraham Mathews, CFO of its BPO subsidiary, for not complying with the code of conduct, while CEO Gautam Thakkar has resigned taking... read more »

Shell Wins Tax Dispute In Indian Court

The Bombay High Court on Tuesday ruled in favour of the Indian unit of Royal Dutch Shell Plc in a multi-million dollar tax dispute, the latest verdict against the tax department that has... read more »

With gold prices falling, jewellers increase inventory levels

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 India in the last two months... read more »

Nikkei sees biggest drop in three months as recession news hits

Tokyo: Tokyo stocks suffered their biggest one-day slump since August on Monday after Japan`s economy unexpectedly slipped into recession, prompting investors to book profits from recent... read more »