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India mobile carriers rally on hopes for easier competition after Jio price rise

Shares in Indian wireless operators rose sharply on Monday after Reliance Industries Ltd's Jio telecom unit increased mobile data tariffs, raising hopes of an easing in the cut-throat competition that has eroded profits in the sector.

Recent Business News

U.S. companies act on climate despite Trump: survey

OSLO U.S. companies are still among the most ambitious in setting targets to combat global warming despite President Donald Trump's plans to quit the 195-nation Paris climate agreement, a 2017 survey showed on Tuesday.

Budget 2017, 4:53am IST

Nissan's domestic sales drop after inspection scandal: Nikkei

Japanese automaker Nissan Motor Co Ltd's domestic sales for the Oct. 1 to Oct. 20 period plummeted 20 percent following recent allegations of misconduct in its inspection procedures, the Nikkei said.

Budget 2017, Japan 4:07am IST

As scandal widens, Japan's Kobe Steel faces key debt test

HONG KONG As Kobe Steel Ltd becomes increasingly embroiled in a data falsification scandal, concerns are growing about its outstanding liabilities despite the Japanese company's sizable cash reserves.

Budget 2017, Japan 23 Oct 2017

Linde cuts threshold for $80 billion Praxair deal, prepares asset sales

FRANKFURT Industrial gases group Linde has cut the approval threshold and extended a deadline for accepting its $80 billion tie-up with Praxair, while pushing on with plans to get a green light from regulators.

Budget 2017, Deals 23 Oct 2017

Fiat Chrysler sues shippers over alleged price fixing

WASHINGTON Fiat Chrysler Automobiles NV has lodged a complaint with a U.S. regulator seeking "reparations" from a group of shipping companies from Asia, Europe and South America that admitted to fixing prices for shipping vehicles, according to documents made public on Monday.

Budget 2017, 1:33am IST

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