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Business News

Icra Sees RBI Leaving Rates Unchanged On October 4

Retail inflation rose to a five-month high of 3.36 per cent in August from 2.36 per cent in July. August inflation number was the highest since March 2017, when it was recorded at 3.89 per cen

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P-notes Investment Hits Over 7-year Low Of Rs 1.25 Lakh Crore

The total value of P-notes investments in Indian markets - equity, debt and derivatives -- slumped to Rs 1,25,037 crore at August-end after hitting a five-year low of Rs 1,35,297 crore at the end of July, according to Sebi data

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Reliance Industries Outbids GAIL To Buy All Its Own CBM Gas

In the latest bidding for up to 3 million standard cubic metres per day (mmscmd) of gas to be produced during October 2017 and March 2021, RIL quoted USD 6.26 per mmBtu at the current oil price, according to bid documents

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Grounded: Ryanair Cancels Flights Of Another 400,000 Customers

Ryanair cancelled the flights of another 400,000 customers and scrapped a bid for Alitalia on Wednesday, in a plan to keep its pilots on side and draw a line under its rostering fiasco.

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Uber Defends Business Model At UK Tribunal On Worker Rights

Uber told a British employment appeal tribunal on Wednesday its drivers were self-employed, not workers entitled to a range of benefits, less than a week after it heard it would lose its London licence.

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Fortum To Launch $9.5 Billion Bid For German Utility Uniper

Finnish power utility Fortum will launch an 8.05 billion-euro ($9.5 billion) takeover bid for Uniper, the power stations operator and energy trading business partly-owned by German utility E.ON, it said on Tuesday.

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Bombardier Overshadows NAFTA Talks As Quebec, Britain Threaten Retaliation

Stiff U.S. duties imposed on Bombardier Inc's CSeries jet sparked retaliation threats from Britain and Canada's Quebec province on Wednesday as the dispute, which may affect thousands of jobs, overshadowed North American trade talks.

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Markets Will Need Sophisticated Cyber Security, Says Sebi Chief Ajay Tyagi

Touching upon the increasing use of technology in the markets, he also says regulators might have to put in place checks and balances of investor protection in algorithms itself

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Nokia Launches 3G Variant Of Its Iconic Nokia 3310: Everything You Need To Know

The new Nokia 3310 3G will enable faster connectivity to the users. The older variant of Nokia 3310 phone which was launched earlier this year only features 2G speeds only

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If Yashwant Sinha Is wrong, Then Prove It: Shiv Sena

It also claimed that many BJP leaders were afraid of speaking against the dispensation, fearing that they would have to face "unknown dangers" if they did

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