Peugeot shares jump 15% on alliance talks
Peugeot shares have jumped 15% after the firm said it was in talks about possible “co-operations and alliances”. France’s labour minister said that Peugeot was in talks about a strategic alliance with General Motors. Peugeot would not confirm which companies it was talking to. GM said it routinely talks to other firms in the industry. Last More...
Gold, silver rebound on seasonal demand, firm global cues
New Delhi: Both the precious metals, gold and silver, rebounded on Tuesday on buying by stockists and jewellers for the ongoing marriage season demand amid firming global trend. While gold rose by Rs 160 to Rs 28,390 More...
A tale of two airlines: Kingfisher vs IndiGo
What makes one company succeed, while another, in the same operating environment, falter? Sometimes, luck plays a role but in most cases in business history, the difference between survival and extinction is more More...
Iran threatens to cut oil exports to more countries
Brussels: Iran has threatened to stop exporting oil to more European countries — Germany, Spain, Italy, Greece, Portugal and the Netherlands — if they continue to take actions directed against Tehran. “Certainly More...
Eurozone approves new $173B bailout for Greece
Eurozone finance ministers sealed a deal Tuesday morning for a second bailout for Greece, including €130 billion ($173 billion) in new financing. The finance ministers from the 17 nations that use the euro, known More...
I will not shut down Kingfisher Airlines: Vijay Mallya
Beleaguered Kingfisher Airlines’ promoter Vijay Mallya on Monday night said he will not shut down the private carrier which struggled to stay afloat after further large-scale flight disruptions and resignation More...
$4b FII inflows in two months
Adopting a bullish stance on India, overseas investors have pumped in about Rs.14,000 crore in the Indian equity market so far this month and analysts expect this positive trend to continue further. Since the beginning More...
Bengal against SEZs, minister tells Infosys
As IT bellwether company Infosys seeks a special economic status to its Rajarhat project, its first in West Bengal, state Industry Minister Partha Chatterjee Monday said the Mamata Banerjee government is against More...
Hero Cycles forays into high-end bicycles
Cycle major, Hero Cycles Monday announced their foray into high-end bicycles with the launch of their brand ‘Urban Trail’, unveiling the ‘Red Dot’, the first product of the series Monday. “At More...
Walmart ups stake in China e-commerce group
Walmart is taking a 51% stake in Yihaodian, a leading Chinese e-commerce website, in a significant move by the U.S. retailer to boost its online presence in China. Walmart did not disclose financial details for More...
