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Sensex gains momentum, rallies 508 points in late morning trade

The NSE Nifty was also trading higher well above 7,000-level by 163.50 points or 2.34 per cent to 7,144.45.

15 Feb 2016 12:03 PM IST

Representational Image.

Sensex gains momentum, rallies 508 points in late morning trade

The NSE Nifty was also trading higher well above 7,000-level by 163.50 points or 2.34 per cent to 7,144.45.

15 Feb 2016 11:33 AM IST

Representational Image.

Gold futures drop Rs 416 amid weak global cues

Gold is trading at Rs 29,224 per 10 gm.

15 Feb 2016 11:24 AM IST

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Snapdeal raises $200 million led by Ontario Teachers' Pension Plan

The e-commerce market in India is expected to grow to $220 billion in the value of goods sold by 2025.

15 Feb 2016 11:16 AM IST

Indian arm contributed about 5 per cent of Stockholm headquartered Ericsson’s total net sales in 2015 at $29.4 billion

Ericsson plans to invest Rs 100 crore in Chakan plant

Chakan facility would serve as an export hub for the company’s exports to South East Asia, West Asia and Sub...

15 Feb 2016 10:34 AM IST

Analysts estimated the cost of moving the bank headquaters would be between $1.5 billion and $2.5 billion.

HSBC keeps headquarters in London, rejects move to Hong Kong

The unanimous decision by HSBC's board gives a boost to London's status as a global financial centre.

15 Feb 2016 10:22 AM IST

Indias former prime minister Manmohan Singh

Former PM Manmohan Singh says Modi govt failing to boost economic...

Singh said government should use improving fiscal balances to raise investment in economy and increase the availability...

15 Feb 2016 10:14 AM IST

Indian Prime Minister Narendra Modi speaks during the inaugural ceremony of Make in India week in Mumbai. (Photo: AP)

Modi urged to make reality match 'Make in India' hype

Some questioned Modi's promises to make it easy to do business, while marketing experts cautioned against creating...

15 Feb 2016 9:58 AM IST

Rupee needs to fall further, says Raghuram Rajan

Rupee needs to fall further, says Raghuram Rajan

RBI governor Raghuram Rajan has said there is a need for some more depreciation of the rupee so that India doesn’t...

15 Feb 2016 6:22 AM IST

Essar’s Ravi Ruia can’t go abroad

Essar’s Ravi Ruia can’t go abroad

Essar Group promoter Ravi Ruia, facing trial in a case arising out of the 2G scam probe, has been denied permission to...

15 Feb 2016 6:16 AM IST

India business model comes in for foreign criticism

India business model comes in for foreign criticism

Leading industrialists like Anand Mahindra and Kumar Mangalam Birla defended the conglomerate structure followed by...

15 Feb 2016 6:16 AM IST

Union Finance Minister Arun Jaitley speaks at the CNN Asia Business Forum in Mumbai. (Photo: PTI)

Trai plans to levy charge on Net calls

Telecom regulator Trai will set inter-connection charges for Voice over Internet Protocol (VoIP) calls once the...

15 Feb 2016 6:15 AM IST