Business

Business

Airbnb files for initial public offering

Home-sharing startup Airbnb on Wednesday said it has confidentially filed with US regulators for an initial public offering. The number of shares and price has...

Samsung heir charged with fraud over succession-linked deal

South Korean prosecutors indicted the heir to the Samsung empire Tuesday over a controversial merger of two business units seen as a key step...

Ratan Tata says Nano wasted early opportunity

THE NANO is not a flop, its creator Ratan Tata said yesterday, but he acknowledged that his Tata Motors failed to capitalise on the...

IT stocks make smart recovery in early trade

HAVING borne the brunt of the acute selling pressure prevailing in the stock market over the past few trading sessions, IT stocks led by...

Mukesh Ambani pledges to renegotiate gas deal

INDIAN tycoon Mukesh Ambani will abide by a court ruling ordering him to renegotiate a deal sharing the family’s gas wealth, his firm said...

Reliance to pay Atlas $1.7bn for Marcellus stake

INDIAN energy giant Reliance Industries will pay $1.7bn (£1.1bn) to form a joint venture at one of the most promising natural gas deposit regions...

India changed attitude on Doha talks – UK Minister

INDIA has changed its attitude towards the slow-moving Doha trade talks and sent a positive signal by hosting a September ministerial meeting in New...

Indian industry looks to new government to boost growth

INDIA'S newly elected Congress-led government needs to move swiftly and decisively to restore blistering economic growth in the country, even if that means higher...

Asian businessman to chair minority business taskforce

ASIAN entrepreneur and Dragons' Den judge James Caan has been recruited by Business Secretary Lord Peter Mandelson to co-chair the Ethnic Minority Business Taskforce....

India car sales jump 8.3 per cent

INDIA’S car sales jumped by 8.3 per cent in June from a year earlier, an auto industry body reported on Tuesday (July 10), adding...