Business


Nusli Wadia files defamation suit against Tata Sons in Bombay high court

Wadia, who is an independent director of Tata Steel, Tata Motors and Tata Chemicals had earlier claimed that he has been targeted for his "independence of mind and action" and he is not required to act in their interest as he does not serve the Tata group in any capacity.



Bank of England keeps interest rate on hold

The central bank is now predicting inflation will rise to 2.75 percent in 2018, above the bank's 2 percent target. Officials at the central bank pointed to the more-than 6 percent appreciation of the pound sterling since its forecasts in November.



Maine joins antitrust lawsuit against generic drugmakers

Generic drugs account for 90 percent of all prescriptions dispensed in the US, according to the latest figures from QuintilesIMS, a pharmaceutical analytics company. In November, Attorney General Herring announced the completion of a reorganization of the OAG Consumer Protection Section to more efficiently and effectively enforce Virginia's consumer protection laws, provide exceptional customer service in resolving complaints and disputes, and provide robust consumer education to keep ...



Dollar charges higher after Fed hikes rates

The U.S. economy expanded at an annual rate of 3.2 percent in the third quarter of this year, higher than the second quarter growth of 1.4 percent, driven by strong consumer spending; the job market continued strengthening and the unemployment rate fell to 4.6 percent in November, the lowest level since 2007; and the inflation has increased since earlier this year, with core inflation rate rising to 1.7 percent in October.


Analyst's Views:

Analyst's Views: "1" rated "Sell" for the CLIFFS NATURAL RESOURCES INC

When it comes to the Analysis of a Stock, Price Target plays a vital role. While 12 number of analysts gave ratings for HOLD in current. The current share price indicates that stock is -40.51% away from its one year high and is moving 33.49% ahead of its one year low.


Based online food delivery firm SkipTheDishes sold to UK company

Based online food delivery firm SkipTheDishes sold to UK company

The acquisition is consistent with Just Eat's strategic ambition to be the clear market-leader in Canada. CAD100 million is immediately payable in cash and CAD10 million is payable in the form of 1 million Just Eat shares within 12 months of completion.