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Business News

China's Anbang Abandons Bid To Buy Starwood Hotels

Starwood's acquisition by Marriott will create the world's largest lodging company with about 5,700 hotels

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India, US Sign MoU For Setting Up LIGO Observatory

Modi, who is visiting the US to attend the two-day Nuclear Security Summit, met scientists of LIGO who recently proved gravitational waves theory

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Treat 3rd, 4th Phase Digitisation Differently, Industry Tells Govt

The government had extended the deadline to implement digitisation in the phase III markets to December 31, 2015, from December 2014. But nothing much has happened since then

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Gold Demand Seen Falling To 7-Year Low In March Quarter

The sluggish demand could weigh on global prices, which are headed towards their biggest quarterly gain in nearly 30 years

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India's April-Feb Fiscal Deficit At $86.5 Billion

The deficit figure tends to exceed the budgeted target nearer to the end of fiscal year, but gets adjusted against hefty tax inflows in March, when the fiscal year ends

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UltraTech Buys Jaiprakash Cement Plants In New $2.4 Billion Deal

Under the revised deal, UltraTech will buy 21.2 million tonnes of cement capacity from Jaiprakash as the companies have mutually agreed to exclude a 1.2 million tonnes a year plant in Karnataka

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Turkey's State Broadcaster To Ink Pact With Doordarshan

An official delegation of Turkish companies led by the Istanbul Chamber of Commerce Tourism attended FICCI Frames 2016 in Mumbai

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Inaccurate And Delayed Diagnosis A Challenge In Fight Against TB

TB treatment and control programs should focus on accurate and timely diagnosis, identification of clinically appropriate treatment regimens, patient monitoring and follow-up, expert say

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BARC Refutes Ravi Shankar Prasad's TV Ratings Remarks

Broadcaster Audience Research Council chief Partho Dasgupta says consumers do not behave in the same way day in and day out and therefore data will change with supply and demand

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Texas Governor Names Indian-Origin Businessman To Trade Board

Agarwal is CEO of Nextt, which manufactures home textiles, garments, apparel fabrics and polyester yarns

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