Business

Top stories

Latest stories

6m
The Star
Mystery bond trader nets $10m on US Treasury strangle gambleA woman walks past a statue of Albert Gallatin, the 4th Secretary of the U.S. T
The Star / Posted 6 minutes ago
A woman walks past a statue of Albert Gallatin, the 4th Secretary of the U.S. Treasury, while entering the Treasury building in Washington, D.C. Photographer: Brendan Smialowski/Bloomberg NEW YORK: The unknown bond trader who placed a potentially... Read more
6m
The Star
After false dawn, Big Oil to double down on cost cutsLONDON: After a brief respite at the start of the year, the world's top oil and
The Star / Posted 6 minutes ago
LONDON: After a brief respite at the start of the year, the world's top oil and gas companies are set to double down on cost cutting as a recovery in crude prices after a three-year slump falters. Corporate hopes were raised by a deal between... Read more
2 related articles
6m
The Star
No winners in Gulf feud as Saudi, Qatari assets converge on oilINVESTORS aren’t taking sides in the biggest political crisis in the Gulf in de
The Star / Posted 6 minutes ago
INVESTORS aren’t taking sides in the biggest political crisis in the Gulf in decades because their focus has already returned to oil. Seven weeks after Saudi Arabia led a coalition of Arab states in cutting ties with Qatar over allegations that it... Read more
6m
The Star
India's Delhi government tells Philip Morris to remove all adsNEW DELHI: The state government in India's capital told Philip Morris Internati
The Star / Posted 6 minutes ago
NEW DELHI: The state government in India's capital told Philip Morris International Inc and other tobacco companies on Saturday to remove all advertisements from tobacco shops in the city, warning them of legal action if they do not comply. The... Read more
16 related articles
12m
Business Standard India
Canara Bank-led consortium seeks buyer for 270 Mw Maharashtra power plantIDBI Capital Markets & Securities Ltd (IDBI Capital) has invited an expression
Business Standard India / Posted 12 minutes ago
IDBI Capital Markets & Securities Ltd (IDBI Capital) has invited an expression of interest to take over the thermal power project on behalf of the consortium of lenders led by Canara Bank. "IDBI Capital invites expression of interest from the... Read more
12m
Business Standard India
CWC unable to forecast floods as 60% telemetry stations out of order: CAGThe Comptroller and Auditor General (CAG) report tabled in Parliament on Friday
Business Standard India / Posted 12 minutes ago
The Comptroller and Auditor General (CAG) report tabled in Parliament on Friday said the Central Water Commission (CWC) has to depend on manual collection of data for flood forecast as the telemetry stations are non-operational. It said the stations... Read more
12m
Business Standard India
ONGC not to make open offer to HPCL shareholders post acquisitionOil and Natural Gas Corporation (ONGC) will not be required to make an open off
Business Standard India / Posted 12 minutes ago
Oil and Natural Gas Corporation (ONGC) will not be required to make an open offer to minority shareholders of Hindustan Petroleum Corporation (HPCL) after buying out government's 51.11 per cent stake as the deal won't trigger takeover norms as did... Read more
21 related articles
12m
Business Standard India
RBI to hire 12 currency verification systems to weed out fake notesThe Reserve Bank will hire 12 currency verification systems for six months to h
Business Standard India / Posted 12 minutes ago
The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination. Earlier in May, the Reserve Bank had floated a global tender for leasing of 18 'Currency... Read more
2 related articles
12m
Business Standard India
Wipro investing in tech to help Fortune 500 cos exploit, monetise data: CEO"We are seeing a significant ability to transform customers in the data space,
Business Standard India / Posted 12 minutes ago
"We are seeing a significant ability to transform customers in the data space, and we feel very upbeat about this because as you rightly said data is going to be the currency of the future and we are very heavily invested in this area," he told PTI... Read more
12m
Business Standard India
EIL's Rs 658.80-crore share buyback to open on July 25State-owned Engineers India's (EIL) Rs 658.80 crore share buyback will open on
Business Standard India / Posted 12 minutes ago
State-owned Engineers India's (EIL) Rs 658.80 crore share buyback will open on July 25 and close on August 7. According to a regulatory notice by lead manager IDBI Capital Markets and Securities, EIL plans to acquire 4.19 crore shares at a price of... Read more
19m
Geelong Advertiser
Pointless: Rewards cards out the windowBIG changes to credit card reward programs this month have prompted consumers t
Geelong Advertiser / Posted 19 minutes ago
BIG changes to credit card reward programs this month have prompted consumers to ditch their old cards in favour of new points-friendly products. Several popular points programs are being watered down dramatically or cancelled after Reserve Bank... Read more
3 related articles
24m
The Scranton Times-Tribune
ALDI ramps up remodeling as its chief rival Lidl enters marketA grocery war between two competing German discount supermarket chains is heati
The Scranton Times-Tribune / Posted 24 minutes ago
A grocery war between two competing German discount supermarket chains is heating up locally. Aldi has ramped up an aggressive remodeling and expansion plan as its chief rival, Lidl, pronounced LEE-dil, has plans to enter the local market. Lidl... Read more
25m
asianage
ONGC to not make open offer to smaller shareholders post HPCL mergerNew Delhi: ONGC will not be required to make an open offer to minority sharehol
asianage / Posted 25 minutes ago
New Delhi: ONGC will not be required to make an open offer to minority shareholders of HPCL after buying out government's 51.11 per cent stake as the deal won't trigger takeover norms as did the IOC-IBP merger in 2002, a senior government official... Read more
21 related articles
26m
Scoop.co.nz
Waikato-Tainui tax bill a disgraceNew Zealand's grassroots campaign for lower taxes and less government waste Th
Scoop.co.nz / Posted 26 minutes ago
New Zealand's grassroots campaign for lower taxes and less government waste The New Zealand Taxpayers' Union is an independent activist group, dedicated to being the voice for Kiwi taxpayers in the corridors of power. It's here to fight government... Read more
28m
News.com.au
Jobs that claim big tax deductionsRoad Warning Sign, Tax Refund Ahead , generic TRADIES beat teachers, nurses an
News.com.au / Posted 28 minutes ago
Road Warning Sign, Tax Refund Ahead , generic TRADIES beat teachers, nurses and farmers, but nobody beats real estate agents and lawyers when it comes to grabbing the biggest work-related tax deductions. A new analysis of Australian Taxation Office... Read more
31m
Brisbane Times
Reality check for rate hawks looms in inflationThe strengthening Australian dollar threatens to subdue consumer price inflatio
Brisbane Times / Posted 31 minutes ago
The strengthening Australian dollar threatens to subdue consumer price inflation, complicating Reserve Bank hopes to start normalising its record low cash rate. Inflation is expected to remain below the RBA's comfort zone when second-quarter CPI... Read more
29 related articles
36m
The Border Mail
Bega has eye to KiewaBarry Irvin has spoken of expanding Bega Cheese and supporting his autistic son
The Border Mail / Posted 36 minutes ago
Barry Irvin has spoken of expanding Bega Cheese and supporting his autistic son as part of the Kerferd Oration ADDRESS: Barry Irvin addressed the 15th Kerferd Oration, speaking about being chairman of Bega Cheese and Giant Steps. Picture: MARK... Read more
2 related articles
46m
heraldscotland
Mel Giedroyc and Sue Perkins to revive The Generation GameLorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor
heraldscotland / Posted 46 minutes ago
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure... Read more
5348 related articles
47m
The Economic Times
World can learn from Aadhaar: Harvard professor Kenneth RogoffNEW DELHI: India’s demonetisation has to be seen in the context of everything t
The Economic Times / Posted 47 minutes ago
NEW DELHI: India’s demonetisation has to be seen in the context of everything that the government is doing, said Harvard University professor Kenneth Rogoff, adding it might yield long-run benefits but emerging economies will need to be cautious if... Read more
47m
The Economic Times
Undue profit of over Rs 1 crore to come under GST authority's lensNEW DELHI: The proposed anti-profiteering authority under the new GST regime wi
The Economic Times / Posted 47 minutes ago
NEW DELHI: The proposed anti-profiteering authority under the new GST regime will take up for scrutiny only those cases that have mass impact and those where undue profit of more than Rs 1 crore has been earned, a senior government official said. A... Read more
2 related articles
47m
The Economic Times
Mega Cabs to invest Rs 500 crore in 3 years, expand to 20 citiesNEW DELHI: Taxi service provider Mega Cabs is looking to invest Rs 500 crore in
The Economic Times / Posted 47 minutes ago
NEW DELHI: Taxi service provider Mega Cabs is looking to invest Rs 500 crore in the next three years to expand its services to 20 cities, betting big on airports, railway stations and other public points of transit. The company, which ran into huge... Read more
47m
The Economic Times
Launching Rs 200 note will fill missing middle: SBI ReportNEW DELHI: Introduction of Rs 200 note will fill in the "missing middle" even a
The Economic Times / Posted 47 minutes ago
NEW DELHI: Introduction of Rs 200 note will fill in the "missing middle" even as the new currency in circulation (CIC) has already reached 84 per cent of the pre demonetisation level, says a report. The data for June 23, 2017 shows cash in hand with... Read more
47m
The Economic Times
Tata Sons Chairman N Chandrasekaran hints at selling under performing companiesNEW YORK: Emphasising that there will "definitely" be pruning of the Tata portf
The Economic Times / Posted 47 minutes ago
NEW YORK: Emphasising that there will "definitely" be pruning of the Tata portfolio, Tata Sons Chairman Natarajan Chandrasekaran has said that the company will not exit a business "just to get a headline" but only when it is certain it is not getting... Read more
2 related articles
47m
The Economic Times
Undisclosed income of Rs 71,941 crore found in 3 years: Government to Supreme CourtNEW DELHI: Massive searches, seizures and surveys by the Income Tax (I-T) depar
The Economic Times / Posted 47 minutes ago
NEW DELHI: Massive searches, seizures and surveys by the Income Tax (I-T) department over the last three years have led to the detection of around Rs 71,941 crore of "undisclosed income", the Centre has told the Supreme Court. It gave the details of... Read more
4 related articles
47m
The Economic Times
FPIs pump in over Rs 15,000 crore so far in July; total inflow reaches Rs 1.63 lakh crore this yearThe latest inflow follows net infusion of Rs 1.6 lakh crore in the previous fiv
The Economic Times / Posted 47 minutes ago
The latest inflow follows net infusion of Rs 1.6 lakh crore in the previous five months (February-June) on several factors. In January, they had pulled out over Rs 3,496 crore. Dinesh Rohira, Founder and CEO, 5nance.com has attributed the latest... Read more
47m
The Economic Times
Four of top-10 companies lose Rs 61,931 crore in m-cap; ITC hit hardNEW DELHI: The combined market valuation of four of the top-10 Indian firms plu
The Economic Times / Posted 47 minutes ago
NEW DELHI: The combined market valuation of four of the top-10 Indian firms plummeted by Rs 61,930.86 crore last week, dragged down mainly by ITC which alone took a hit of Rs 58,902.54 crore. ITC emerged as the worst hit among the top-10 entities as... Read more
47m
The Economic Times
Dalal Street week ahead: Q1 earnings, Fed meet, F&O expiry to steer marketOn a weekly basis (July 14-21), the 30-share pack of BSE gained 0.02 per cent w
The Economic Times / Posted 47 minutes ago
On a weekly basis (July 14-21), the 30-share pack of BSE gained 0.02 per cent while NSE’s Nifty added 0.29 per cent. Among key highlights, ITC witnessed its steepest fall in 25 years after the GST Council hiked the cess on cigarettes to take away an... Read more
47m
The Economic Times
RBI to lease currency verification systems to weed out fake notesNEW DELHI: The Reserve Bank will hire 12 currency verification systems for six
The Economic Times / Posted 47 minutes ago
NEW DELHI: The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination. The central bank is currently engaged in counting huge pile of old Rs 500/1000... Read more
2 related articles
47m
The Economic Times
Ola pumps in Rs 100 crore into car leasing businessThe proposal for Ola investing Rs 100 crore into Ola Fleet Technologies was acc
The Economic Times / Posted 47 minutes ago
The proposal for Ola investing Rs 100 crore into Ola Fleet Technologies was accepted by the board of the car leasing arm last month, as per documents filed with the Corporate Affairs Ministry. The SoftBank-backed Ola had invested Rs 50 crore in the... Read more
47m
The Economic Times
Louvre Hotels looks to add 12 properties in India by 2018-endThe group plans to add the hotels under all its three brands Royal Tulip, Golde
The Economic Times / Posted 47 minutes ago
The group plans to add the hotels under all its three brands Royal Tulip, Golden Tulip and Tulip Inn, under which it currently has 27 properties in India. "We will add 12 hotels to our Golden Tulip portfolio across India by end of 2018," Vimal... Read more
More