Besta Shankar

Articles by Besta Shankar

Email : editor@ibtimes.co.in

Surge in Crude Oil Prices Lacks Fundamental Justification: Commerzbank

Commerzbank sees current price rise mainly being driven by "sentiment and momentum".

Jun 10, 2015

Tatkal Booking Timings Change; 50% Refund on Cancellation

The Indian Railways is also planning to introduce its 'Tatkal Special' train service.

Jun 10, 2015

PVR Cinemas to Buy DT Cinemas in an Expensive Deal

The acquisition is expected to help PVR to gain more presence in North India.

Jun 10, 2015

Sensex to Reach 32,500 by End of 2015: Morgan Stanley

The target represents 22% rise from Tuesday's closing of 26,481.

Jun 10, 2015

Air India Rolls Out Monsoon Discount Offer; Fares Start at ₹1,777

The offer will be valid for travel between 1 July and 30 September, 2015.

Jun 10, 2015

Sensex at 8-Month Low on Worries Over China's A Shares in MSCI Index

The benchmark BSE Sensex fell 41.84 points or 0.16 percent, posting its lowest level October 2014.

Jun 9, 2015

MK Sharma Replaces KV Kamath as Non-Executive Chairman of ICICI Bank

Sharma had worked as an independent Director on the Board of ICICI Bank for eight years from 2003 to 2011

Jun 9, 2015

US Shale Oil Boom Fading as OPEC Keeps Supply Unchanged

EIA predicts oil production at North Dakota's Bakken and Texas's Eagle Ford – the two largest shale plays - will decline by 1.3 percent.

Jun 9, 2015

Snapdeal to Challenge Paytm in Digital Bill Payments Space

The digital bill payments market is about ₹7.4-lakh crore annually.

Jun 9, 2015

Vedanta Plans to Merge Cairn India to Trim Debt

The stock price of oil Cairn India slumped over 4% on Tuesday over concerns that such a merger will erode shareholders' wealth.

Jun 9, 2015

HSBC to Axe 25,000 Jobs Globally in a Major Cost Reduction Move

The latest reduction in workforce will see nearly 10% layoffs from its current employee strength.

Jun 9, 2015

Stock Markets Post Worst Weekly Losses Since December 2011

The Sensex has declined by 2.7 percent so far this year.

Jun 6, 2015

ICICI, Kotak Downgrade Nestle India Stock

The brand holds 72 percent (by volume) of the instant noodle market in India and contributes about 30 percent to its net sales.

Jun 6, 2015

Top 10 Most Profitable Indian Companies [PHOTOS]

Mukesh Ambani-led Reliance Industries Ltd (RIL) was the most profitable company in the country in the last fiscal year.

Jun 6, 2015

Gold Prices May Plunge to ₹20,500 on US Central Bank Rate Hike

A rate hike in the US will strengthen the greenback weighing on the gold prices.

Jun 5, 2015

Jet Airways to Outperform SpiceJet as Vistara and AirAsia Make Entry

Jet Airways is likely benefit more from the changing business picture in domestic aviation compared to budget carrier SpiceJet.

Jun 5, 2015

Govt Appoints Panel to Evaluate Controversial New GDP Series

The panel has been asked to review manufacturing data used to calculate GDP growth.

Jun 5, 2015

Telecom Spectrum Auction: Modi Govt's Gain is Subscribers' Loss; Idea Cellular Hikes Tariffs in Delhi

Idea Cellular was the highest bidder during the March auction, committing ₹ 30,300 crore.

Jun 5, 2015

India's Black Money Exceeds Govt's Expenditure on Education and Health

The report found more illicit money flowing out of poor countries.

Jun 5, 2015

OPEC Secretary-General Abdullah al-Badri and Exxon Mobil CEO Rex Tillerson

All Eyes on OPEC Meeting; No Chance of Cut in Oil Output

OPEC may also be little interested to consider Iran's proposal to allow more oil exports from the country.

Jun 4, 2015

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Articles by Besta Shankar

Surge in Crude Oil Prices Lacks Fundamental Justification: Commerzbank

Tatkal Booking Timings Change; 50% Refund on Cancellation

PVR Cinemas to Buy DT Cinemas in an Expensive Deal

Sensex to Reach 32,500 by End of 2015: Morgan Stanley

Air India Rolls Out Monsoon Discount Offer; Fares Start at ₹1,777

Sensex at 8-Month Low on Worries Over China's A Shares in MSCI Index

MK Sharma Replaces KV Kamath as Non-Executive Chairman of ICICI Bank

US Shale Oil Boom Fading as OPEC Keeps Supply Unchanged

Snapdeal to Challenge Paytm in Digital Bill Payments Space

Vedanta Plans to Merge Cairn India to Trim Debt

HSBC to Axe 25,000 Jobs Globally in a Major Cost Reduction Move

Stock Markets Post Worst Weekly Losses Since December 2011

ICICI, Kotak Downgrade Nestle India Stock

Top 10 Most Profitable Indian Companies [PHOTOS]

Gold Prices May Plunge to ₹20,500 on US Central Bank Rate Hike

Jet Airways to Outperform SpiceJet as Vistara and AirAsia Make Entry

Govt Appoints Panel to Evaluate Controversial New GDP Series

Telecom Spectrum Auction: Modi Govt's Gain is Subscribers' Loss; Idea Cellular Hikes Tariffs in Delhi

India's Black Money Exceeds Govt's Expenditure on Education and Health

All Eyes on OPEC Meeting; No Chance of Cut in Oil Output

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'