Business News

NEW DELHI: After a fabulous run, it seems investors are shying away from IPOs (Initial Public Offerings). Not only is there a fall in the subscription rate of recent IPOs, but the stocks are also debuting on the bourses at a discount and…

NEW DELHI: Infosys Ltd on Tuesday became the fourth Indian company to touch a market valuation of USD 100 billion. The IT services major has joined the league of TCS, Reliance Industries and HDFC Bank for crossing the USD 100 billion-mark…

NEW DELHI: India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield. China…

MUMBAI: Global investors are cautious on India because of expensive valuations, but intrigued by domestic households buying stocks, Swiss brokerage UBS said on Tuesday. They are also questioning the near-term sustainability of the bets…

Hyderabad, Aug 24 (UNI) : Few days after the arrest of the scam-hit Karvy Stock Broking Ltd (KSBL) Chairman C Parthasarathy by the city police based on a loan default complaint by IndusInd Bank, another similar case was registered against…

Bumper stickers on cars can symbolize just about anything under the sun. They can show support for a certain political candidate, identify you as a proud parent of an honor student or the fact that you just love that one special dog breed.…

LONDON: Bitcoin rose back above $50,000 on Monday for the first time in three months after supportive news from payments giant PayPal and cryptocurrency platform Coinbase. The world's most popular virtual unit jumped to $50,440 during…

MUMBAI: HDFC Bank on Monday said it aims to regain the two per cent market share in the credit card market it ceded to rivals during a recent ban, within a year by aggressively tapping into its existing depositor base. The bank will also…

NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways. She…

HUBBALLI: IMC Swarnaa Ventures Private Limited, a joint venture of Hubballi-based IMC and Swarnaa Group of Companies, announced the successful acquisition of 100 per cent stake in Trillium Flow Technologies India Private Limited. The…

By Nirbhay Kumar New Delhi, Aug 23 (UNI) Captain GR Gopinath, pioneer of low-cost aviation in India, has endorsed launch of Akasa Air, saying established players are currently too weak to take on new players with predatory pricing and…

A car tuneup is an outdated service consisting of replacing parts to bring the ignition and fuel systems up to spec for maximum engine performance and efficiency. A traditional tuneup hasn’t been available or necessary for years. Today’s…

CHENNAI: Indian retail investors have rapidly come of age over the past decade and the new crop of market participants are no longer satisfied with staying confined to the limited opportunities offered by Indian stock markets. Over the past…

NEW DELHI: When the gross premium collected by insurance firms is more than the total value of the claims settled, you know insurance is a profitable business. But when insurance companies appear to be rolling in money generated from…

NEW DELHI: Xiaomi is bringing in offerings like gold loans, credit line cards and insurance products as it looks to provide the full spectrum of financial services across payment, lending and insurance in India, its India head Manu Jain…

NEW DELHI: The Indian Banks' Association (IBA) has moved an application to the Reserve Bank of India (RBI) seeking licence to set up a Rs 6,000-crore National Asset Reconstruction Company Ltd (NARCL) or bad bank, according to sources.…

NEW DELHI: India’s equity market benchmark indexes- BSE Sensex and NSE Nifty50- ended their bull run last week on account of negative global developments such as sooner-than-expected tapering in monetary stimulus by the US Federal Reserve,…

Vehicles with an automatic transmission might not have a clutch and a stick shift, but they can still have trouble shifting. At times, drivers may have trouble getting the car out of Park and into gear. Problems with shifting your automatic…

Cars get old and if you’re part of the vast majority of Americans who own a set of wheels at least 11 years old, we’re pretty sure those front headlights could use a makeover. Clean headlights not only make your vehicle look like new, but…

Unlike the old days, when a pair of “snow tires” would be mounted to the drive wheels only for winter use, today we recognize that a vehicle should have four matching tires whether they be front tires or rear tires: same type, same model…