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Quiz: How closely did you follow the week's biz news?
28 Aug 2016 at 7:03am
Here's a wrap of some big and small newsmakers of the week gone by. Take the quiz to test your business news quotient.

GST example of how big tasks can be done if parties work: Modi
28 Aug 2016 at 3:30am
Days after GST Bill was passed by Parliament, Prime Minister Narendra Modi on Sunday gave credit to all political parties who unanimously approved the legislation despite "bitter rivalries", saying it was an example of how big tasks can be done if all parties work together.

Mid-air horror as engine torn apart, US flight diverted
28 Aug 2016 at 3:30am
Over 100 people on board US' Southwest Airlines flight had a lucky escape when a part of the plane's engine was ripped off thousands of feet above the Gulf of Mexico with the passengers experiencing anxious moments before the jet managed to make an emergency landing.

V O C Port inks pact with SECI to set up 5 MW solar plant
28 Aug 2016 at 3:30am
The V O Chidambaranar Port has inked a Memorandum of Understanding with Solar Energy Corporation of India (SECI) to install a 5 MW solar power plant.

Gold / Silver / Copper futures - weekly outlook: Aug. 29 - Sept. 2
28 Aug 2016 at 3:29am
Gold / Silver / Copper futures - weekly outlook: Aug. 29 - Sept. 2

Top seven cos take cumulative hit of Rs 29,907 cr in m-cap
28 Aug 2016 at 2:44am
Seven of the top-10 most valued Indian companies saw a combined erosion of Rs 29,906.6 crore from their market valuation last week, with TCS emerging as the worst-hit.

Crude oil futures - weekly outlook: August 29 - September 2
28 Aug 2016 at 2:40am
Crude oil futures - weekly outlook: August 29 - September 2

No reason to hold minority stake in Hindustan Zinc, says Goyal
28 Aug 2016 at 1:34am
The government has no "strategic interest" in holding a minority 29.54 percent stake in Hindustan Zinc Ltd (HZL), according to Mines Minister Piyush Goyal.

New UK Trade Minister Fox to meet Sitharaman tomorrow
28 Aug 2016 at 1:34am
Commerce and Industry Minister Nirmala Sitharaman will meet her UK counterpart Liam Fox on Monday to discuss ways to strengthen trade and economic ties between the two countries post Brexit.

Draft vehicle scrapping policy to be ready in a fortnight
28 Aug 2016 at 1:34am
Aiming to scrap nearly 15 lakh heavy vehicles that are more than 15 years old in the first phase, Union Minister Nitin Gadkari has said the draft policy will be ready in a fortnight.

LIC to fill posts for 2 MDs; yet to name chairman
28 Aug 2016 at 1:34am
State-owned life insurer LIC, which is yet to name a chairman after the incumbent SK Roy in June announced surprise retirement two years ahead of his tenure, is looking at selecting two MDs for which eight EDs have been called for interviews.

Maruti continues to rule passenger vehicles segment
28 Aug 2016 at 1:34am
Maruti Suzuki India has maintained its leadership position in the country's passenger vehicle (PV) market in July with seven of its models featuring in the top 10 selling brands last month, including recently launched compact SUV Vitara Brezza.

China's top 500 firms report first revenue decline in 15 years
28 Aug 2016 at 12:40am
China's top 500 enterprises reported their first annual decline in combined revenues in 15 years, with a 0.07 percent drop last year, as the economy continued to slow down amid falling oil prices and overcapacity issues.

Govt may advance Parliament session to get GST laws approved
28 Aug 2016 at 12:40am
Eager to meet the April 1 target to roll out the landmark Goods and Services Tax (GST), the government may advance Winter Session of Parliament by a fortnight to get supporting legislations passed, leaving sufficient time for implementation of the new indirect tax regime.

ONGC hires consultant to assess reserves in GSPC KG gas block
28 Aug 2016 at 12:40am
State-owned ONGC has hired US-based consultant Ryder Scott to assess natural gas reserves in Gujarat State Petroleum Corp's (GSPC) Deendayal block before deciding to buy a stake in it.


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