Business

Business

In India Petrol, diesel price cut revised to just 1 paisa a litre

The reduction in petrol and diesel prices was today revised to just 1 paisa a litre each, with state-owned oil companies blaming clerical error...

London police seize bitcoin worth $667,000 from hacker

London police have seized half a million pounds ( 667,000) worth of bitcoin from a prolific computer hacker in a case described as the...

Britain’s M&S says must accelerate change or die

Britain's Marks & Spencer said on Wednesday it urgently had to modernise or risk fading away as it reported a second straight decline in...

It is a difficult decision to step down, says Vodafone CEO Vittorio Colao

Vodafone Group CEO Vittorio Colao on Tuesday said he will step down from the post by September end and it was a "difficult decision"...

Forbes honours 100 Gulf-based Indian businessmen

Over 100 Indian businessmen and executives based in the UAE have been recognised for their phenomenal success in the Arab world by Forbes Middle...

Most Asian markets rise after Wall St rally, ringgit sinks

Most Asia markets rose Monday as investors built on last week's rally, with another healthy lead from Wall Street providing support, but oil prices...

Oil prices hit highest in years as markets adjust to looming sanctions on Iran

Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed US sanctions against major crude exporter Iran...

UK telecoms giant BT axes 13,000 jobs

British telecoms and television broadcasting company BT announced today that it will axe 13,000 jobs in administration and management. BT said in a statement...

Flipkart deal good for India, says Walmart CEO

World's largest retailer Walmart Inc today tried to assuage concerns around its USD 16 billion takeover of Flipkart, saying the deal is good for...

Flipkart: From modest start to Walmart nuptial and everything in between

From selling books online to striking a jaw-dropping USD 16 billion deal with the world's largest retailer Walmart, all within 11 years, Flipkart has...