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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

Tech Mahindra aims to clock USD 5 billion revenues by FY17

Tech Mahindra, India’s fifth largest software services exporter, is on track to become a USD 5 billion dollar company by fiscal 2017, a top company executive said today. “So far... read more »

ONGC to begin oil production from KG-5 block in 2019

State-owned ONGC’s significant oil discovery in Bay of Bengal will begin production in 2019, with a peak output of 4.5 million tonnes a year, 20% more than previous estimates. The oil... read more »

RBI warns of rising tide of NPAs

Jan Dhan or hawala dhan? Modi should heed RBI’s warnings on his pet scheme

Several crores of bank accounts across the country that opened within days under Prime Minister Narendra Modi’s flagship financial inclusion programme Jan Dhan Yojana could act as... read more »

Alibaba’s Big Debut, 10 Things to Know

New York: China’s e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public... read more »

Biocon stock zooms after Silver Leaf Oak buys 10% stake in Syngen...

MThis investment reflects Syngene’s leading position in the contract research and manufacturing space in Asia, acknowledging its comprehensive multidisciplinary capabilities,” Biocon... read more »