India Business

India Business

Spectrum auction: Bids worth Rs 535.31 billion received on Day 1

The country's biggest-ever spectrum auction got off to a flying start on Saturday (Oct 1) with the day one witnessing bids worth Rs 535.31 billion, after...

Unilever profit rises 10 per cent on emerging market sales

ANGLO-DUTCH food and cosmetics giant Unilever said on Thursday (4) that its first half net profit rose 10 per cent on the back of...

India approves conciliation to end Vodafone tax fight

INDIA on Tuesday (June 4) approved moves to seek an out-of-court settlement with Vodafone to resolve a multi-billion-dollar tax dispute with the British mobile...

Suzlon posts biggest quarterly loss

INDIA’S troubled wind energy giant Suzlon posted its biggest-ever quarterly loss on Thursday (February 14), hit by a combination of hefty debt and declining...

Tata says ‘plans Nano hybrid cars’

TATA Group is planning to produce hybrid versions of its Nano, billed as the world’s cheapest car, to join in the environment-friendly trend, its...

ArcelorMittal sees sharp recovery after Q1 dip

ARCELORMITTAL, the world’s largest steelmaker, forecast a sharp pick-up in the second quarter due to higher demand and prices in all main markets after...

Ratan Tata hands over reins of empire

INDIAN industrialist Ratan Tata retires on his 75th birthday this week, handing over the reins of his sprawling business empire after decades at the...

One year of Modi, Ambanis down in stock market, Adani up

  AS THE MODI government completed its first year on Monday (May 25), the stock market wealth has grown by over Rs 10 lakh crore...

Tata, Starbucks to boost synergy with new global initiatives

Tata Sons and Starbucks have finalised multiple new joint initiatives to expand their collaboration at a global level, apart from building the iconic American...

Worries for India rise as rupee hits record low

INDIA’S rupee hit a record low against the dollar on Wednesday (May 16) and stocks fell nearly two per cent, as uncertainty over the...