Oil Prices May Have Bottomed, Says IEA

Oil Prices May Have Bottomed, Says IEA

London: Oil prices might have bottomed as production declines in the United States and other non-OPEC producers accelerate and an increase in Iranian supply has been less than dramatic, the International Energy Agency said on Friday. After a spectacular 2015,...
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Colgate Extends Restructuring Programme, to Cut More Jobs

Colgate Extends Restructuring Programme, to Cut More Jobs

Colgate-Palmolive Co said on Thursday it would cut more jobs under an extended restructuring programme as the world’s largest toothpaste maker grapples with tough macro-economic conditions, including a strong dollar. The programme, now expected to end in...
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Vitara Brezza’s Pricing Could Catapult Maruti In SUV League

Vitara Brezza’s Pricing Could Catapult Maruti In SUV League

Maruti is counting on the success of Brezza to make it a dominant player in the utility-vehicle space Maruti Suzuki, which launched its all-new Vitara Brezza model on Tuesday, will benefit from the compact SUV’s aggressive pricing, says Ambit Capital...
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Alkem Labs Jumps 5%; Gujarat Unit Gets USFDA Nod

Alkem Labs Jumps 5%; Gujarat Unit Gets USFDA Nod

Mumbai: Shares of Alkem Labs today went up by over 5 per cent after the company said one of its manufacturing plants in Gujarat has obtained establishment approval from US health regulator USFDA. The stock climbed 4.91 per cent to...
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Sensex, Nifty Edge Lower on Profit-Taking After Four-Day Rally

Sensex, Nifty Edge Lower on Profit-Taking After Four-Day Rally

Mumbai: Indian stock markets edged lower on Tuesday for the first time in five days as investors booked profits in banking shares such as State Bank of India amid cautious trading ahead of major central bank meetings. Asian stock markets...
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Sensex Ends Rangebound Session on a Flat Note

Sensex Ends Rangebound Session on a Flat Note

The Sensex and Nifty ended Tuesday’s rangebound session on a flat note as losses in banking and IT stocks offset the gains registered in metal and oil & gas stocks. The Sensex ended 13 points higher at 24,659 and Nifty...
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