5:14 pm - Saturday April 29, 8124

Business

Latest News on Business
Ola Opens Up API for Mobile Apps, Indivi...

Ola Opens Up API for Mobile Apps, Individual Developers

Taxi aggregator Ola Saturday announced the public release of its API, allowing major mobile apps as well as individual developers to integrate the company’s offering with their platforms. “The public release of our API to developers is a giant leap in collaborative technology. With... read more »

Dr Reddy’s climbs as drug maker la...

Dr Reddy’s climbs as drug maker launches Nexium’s generic

NEW DELHI: Shares of Dr Reddy’s Laboratories surged over 6 per cent in Monday’s trade after the drugmaker launched a generic version of Nexium following approval from the United States Food & Drug Administration (USFDA). Nexium is the world’s second most selling drug. It... read more »

Gold ETFs witness outflow of Rs 363cr in...

Gold ETFs witness outflow of Rs 363cr in Apr-Aug FY 2016

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 account of the sluggish equity market trends. The Gold ETFs witnessed a net outflow of Rs 363 crore in the first five months (April-August) of... read more »

Will Alibaba crash impact Indian e-comme...

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 company might create history again but this time, for the wrong reasons. Its scrip has nosedived close to 40%... read more »

Subscribe to Investing

Investing

Gold prices rise by Rs 240 to Rs 30,600 per ten gram on global cu...

Snapping two days losses, gold prices rose by Rs 240 to Rs 30,600 per ten gram in the national capital Thursday on emergence of buying at existing lower levels amid a firm global trend. Silver... read more »

Canada's Detour Gold expects lower cash costs in 2014

Canada’s Detour Gold expects lower cash cost...

Canada’s Detour Gold Corp said it expects cash costs to fall to $800-$900 per ounce sold and production to double to 450,000-500,000 ounces... read more »

Gold import: Government may axe 80:20 scheme

Gold steady after two-day fall, economic optimism weighs

The government is considering doing away with the controversial 80:20 scheme for gold import, in a bid to partially relax the restrictions on import of the... read more »

Gold rallies to two-month high on safe-haven bids

Singapore – Gold rallied for a third session on Monday to its highest in two months as equities fell on worries that capital outflows from emerging... read more »

Gold Continues to Regain Strength

Gold dropped Rs. 275 to Rs. 29,900 per ten grams

Gold’s ongoing advance has put the squeeze on short sellers, causing a short-covering rally which led to gold’s fourth consecutive week of gains.  The... read more »

Subscribe to Gold & Metals

Gold & Metals

Gold prices fell by Rs 465 to Rs 30,785 per ten gram

Gold prices fell by Rs 465 to Rs 30,785 per ten gram

Gold prices fell by Rs 465 to Rs 30,785 per ten gram in the national capital on Friday on reduced offtake by stockists at existing higher levels amid a weak global trend. Silver remained under... read more »

Gold prices rose by Rs 450 to Rs 31,250 per ten gram

Gold prices rose by Rs 450 to Rs 31,250 per ten gr...

Snapping two days of losses, gold prices rose by Rs 450 to Rs 31,250 per ten gram in the national capital on Thursday on emergence of buying by... read more »

Gold price hits fresh 5-month low on tapering fears

Gold prices rebounded by Rs. 210 to Rs. 30,180 per 10 grams

Singapore: Gold hit a fresh 5-month low on Wednesday as investors awaited more U.S. economic data due later this week to gauge the outlook for Federal Reserve... read more »

Gold prices down by 0.31% to Rs 28,739 per 10 gram

Gold prices recovered by Rs 105 to Rs 31,320 per ten grams

New Delhi – Gold prices moved down by 0.31 per cent to Rs 28,739 per 10 gram in futures trade today as speculators trimmed their exposures, tracking a... read more »

Gold tumbled by Rs 510 to Rs 31,015 per ten grams, weak...

Gold tumbled by Rs 510 to Rs 31,015 per ten grams, , weak global cues

After two days of gains, gold tumbled by Rs 510 to Rs 31,015 per ten grams in New Delhi on Monday on stockists selling at existing higher levels amid a weak... read more »

More from Business

L&T gets Rs 1,700-cr job order to build Bangladesh power plant

Engineering and construction major Larsen & Toubro (L&T) on Wednesday said it has bagged a Rs 1,700 crore order from Japan’s Marubeni Corporation to set up a 400-MW gas-based... read more »

Sun Pharma enters into agreement to acquire InSite Vision

Drug major Sun Pharmaceutical Industries has entered into an agreement with InSite Vision to acquire the US-based eyecare firm for around $48 million plus related debt and other... read more »

Hewlett-Packard To Cut Up To 30,000 Jobs

Hewlett-Packard (HP) has embarked on a new round of job cuts as it prepares to be split in to two units. The technology firm said between 25,000-30,000 roles would go at HP Enterprise, a... read more »

Law on E-Commerce Needed to Protect Online Consumers: IIM Study

Ahmedabad: In the era of increased online shopping, a study conducted by the Indian Institute of Management-Ahmedabad (IIM-A) has stressed on a need for a separate law for e-commerce with... read more »

Toshiba logs $317.7 million net loss in FY 2014

Japan’s Toshiba Corporation logged 37.83 billion yen (about $317.7 million) group net loss for the past fiscal year through March due to asset impairment charges and other losses, local media... read more »