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Investigators raid Kingfisher boss's home in loan probe

MUMBAI - The Central Bureau of Investigation (CBI) searched liquor baron Vijay Mallya's home and offices on Saturday, in connection with a probe into a loan granted by mid-sized state lender IDBI to his now defunct Kingfisher Airlines.

Recent Business News

Hundreds of thousands protest in Berlin against EU-U.S. trade deal

BERLIN - At least 150,000 people marched in Berlin on Saturday in protest against a planned free trade deal between Europe and the United States that they say is anti-democratic and will lower food safety, labour and environmental standards.

World 10 Oct 2015

Japan Sept PMI survey shows services grow at much slower pace

TOKYO, - Japan's services sector expanded in September at a much slower pace compared with the previous month as new business slackened in a sign that domestic demand ended the third quarter on a soft note.

Japan 10 Oct 2015

Fed still plans rate hike this year, but not committed

NEW YORK/MILWAUKEE - Two influential Federal Reserve policymakers on Friday reinforced Fed Chair Janet Yellen's message that an interest rate hike is coming by year's end.

10 Oct 2015

Iran says will announce oil and gas contracts in Nov and Feb

DUBAI - An official in Iran's oil ministry said on Saturday that Tehran will announce new oil and gas contracts at conferences in Tehran and London on Nov. 21-22 and Feb. 22-24 respectively according to the ministry's news agency.

10 Oct 2015

UAW leaders send Fiat Chrysler pact to workers for vote

DETROIT - U.S. union United Auto Workers' leaders on Friday approved a tentative four-year contract with Fiat Chrysler Automobiles NV , sending the proposed agreement to 40,000 workers for a ratification vote.

10 Oct 2015


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Hang Seng 22,458.80 + 103.89 +0.46%
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USD/INR 64.770 --
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Gold 1,157.10 +11.60 +1.01%
Oil 49.49 +0.20 +0.40%
Corn 382.00 -9.25 -2.36%

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