Companies

Axis Bank reports marginal fall in net profit for March quarter

The fall in Axis Bank's net profit was due to 64 percent rise in provisioning for bad loans.

Apr 26, 2016

Government rules out stake sale in Air India

In a written reply to Parliament, Minister of State for Civil Aviation Mahesh Sharma denied moves to sell stake in Air India, reports PTI.

Apr 26, 2016

SC rejects Mallya's NRI argument, directs to disclose all assets overseas

The businessman had previously cited an Income Tax Act provision that allows NRIs not to disclose their assets overseas.

Apr 26, 2016

Alibaba's Ant Financial raises $4.5B in biggest fundraising by a private internet company

The latest round of funding puts Ant Financial's valuation at around $60 billion, sources tell.

Apr 26, 2016

The Plaza, New York, partly owned by the Sahara Group

Market regulator hires HDFC Realty and SBI Capital to sell Sahara's real-estate assets

The two companies have been assigned the task of selling 30 properties each of the Sahara Group, the Economic Times reports.

Apr 26, 2016

ABB India posts Q1 net profit of Rs. 71 crore

ABB India also reported highest quarterly revenue of Rs. 2,000 crore for the quarter ended March 2016.

Apr 26, 2016

UltraTech Cement reports higher capacity utilisation, net profit for March quarter

UltraTech Cement capacity utilisation rose 5 percent to 84 percent, enabling it to post higher revenues and net profit for the quarter.

Apr 26, 2016

US approves Charter's Time Warner Cable buy with conditions

The Justice Department's approval carried conditions designed to protect competition coming at a time when the pay television industry faces stagnation.

Apr 26, 2016

Standard Chartered's assets sale draws lukewarm response from buyers

SSG Capital Management Ltd, a distressed asset investor, is the only firm in talks to buy Standard Chartered's assets, Mint reports.

Apr 25, 2016

Bombardier says Iranian sales talks progress, denies new airline

Bombardier Executive Chairman Pierre Beaudoin said no deal has been reached yet on sales with Iranian customers.

Apr 25, 2016

DGCA considers relaxing aircraft importing norms

Domestic carriers will now be able to import aircraft as much as 18 years old.

Apr 24, 2016

Jet Airways, JetLite get shareholders' nod for merger

According to Jet Airways, the merger would result in greater efficiency from the merged entity.

Apr 24, 2016

Volkswagen positive of China sales, plans more investments with JV partners

Volkswagen also plans to invest â‚¬4 billion ($4.49 billion) with its joint-venture partners in China this year.

Apr 24, 2016

Reliance Jio 4G launch in India: Commercial rollout finally begins next month with free calls and data

Reliance Jio on track to launch 4G services, says RIL

Reliance Jio Infocomm, the telecom arm of Mukesh Ambani-controlled Reliance Industries Limited, gave the information in a presentation.

Apr 23, 2016

Vedanta Group company Cairn India posts record loss of Rs. 10,948 crore in fourth quarter

Cairn India's loss was due to a one-time impairment charge of Rs. 11,674 crore on account of fall in crude oil prices, it said.

Apr 23, 2016

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Companies

Axis Bank reports marginal fall in net profit for March quarter

Government rules out stake sale in Air India

SC rejects Mallya's NRI argument, directs to disclose all assets overseas

Alibaba's Ant Financial raises $4.5B in biggest fundraising by a private internet company

Market regulator hires HDFC Realty and SBI Capital to sell Sahara's real-estate assets

ABB India posts Q1 net profit of Rs. 71 crore

UltraTech Cement reports higher capacity utilisation, net profit for March quarter

US approves Charter's Time Warner Cable buy with conditions

Standard Chartered's assets sale draws lukewarm response from buyers

Bombardier says Iranian sales talks progress, denies new airline

DGCA considers relaxing aircraft importing norms

Jet Airways, JetLite get shareholders' nod for merger

Volkswagen positive of China sales, plans more investments with JV partners

Reliance Jio on track to launch 4G services, says RIL

Vedanta Group company Cairn India posts record loss of Rs. 10,948 crore in fourth quarter

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]