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Vijay Mallya resigns as chairman of Bayer CropScience

Over the last four months, Mallya resigned from the boards of Sanofi India, United Spirits and was expelled from India's Rajya Sabha.

Jun 21, 2016

SoftBank's Nikesh Arora resigns a day after clean chit over conflict of interest charges

An in-house probe cleared Arora after a group of investor alleged his investments and him being an adviser at a private equity firm were at conflict.

Jun 21, 2016

sensex stocks fall metal stocks hindalco welspun

Brexit fears, not Rexit, spoil the party at Indian stock markets

After gaining 240 points on Monday despite Rexit, the Sensex lost 55 points on Tuesday on Brexit fears and profit-booking.

Jun 21, 2016

gold prices gold gold jewellery gold ounce $ india brexit stocks

Gold prices could rise almost 10% on Brexit: Report

If Britain decides to exit (Brexit) the European Union, gold prices could appreciate by more than $100 to hit $1,400 an ounce.

Jun 21, 2016

ATM business up for sale

Tata Communications looking to sell Indicash ATM business

The company is apparently targeting a valuation of approximately Rs. 1,000-1,350 crore from the sale.

Jun 21, 2016

Indian rupee MFs

Yes Bank plans raising $1 billion through QIP

The lender bank has hired Goldman Sachs to raise the amount.

Jun 21, 2016

Wal-Mart to sell China online unit to JD.com for a 5% stake

Under the deal, JD.com will issue about 145 million new class A shares to Wal-Mart, worth about $1.5 billion at JD.com's current valuation.

Jun 21, 2016

mutual funds investments redemption

Govt allows PPF subscribers to prematurely close accounts after 5 years

Expenditure on higher education, medical treatment will qualify as reasons strong enough for complete withdrawal of the deposit amount.

Jun 20, 2016

Chopper helicopter

AgustaWestland chopper scam: ED raids involved firms, freezes assets worth Rs. 86 crore

The raids in New Delhi, Mumbai and Hyderabad were part of the agency's probe into Rs. 3,600 crore AgustaWestland VVIP chopper deal.

Jun 20, 2016

Preventive drug against breast cancer is holy grail for women with BRCA1 gene

An existing drug may target precancerous cells in breast tissues, helping women at high risk of cancer.

Jun 20, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

SpiceJet, Jet Airways, Interglobe shares rally on liberalised FDI norms for civil aviation sector

Shares of InterGlobe, SpiceJet, Jet Airways Reliance Defence jumped six to seven percent after the government eased FDI norms for defence and aviation sectors.

Jun 20, 2016

Bombay Stock Exchange building

Eros International to launch remakes of 'Hero No. 1,' 'Biwi No. 1'

Eros International and Vashu Bhagnani's Puja Entertainment & Films signed a deal to launch remakes of Salman Khan, Govinda films.

Jun 20, 2016

Amazon CEO Jeff Bezos

Amazon ties up with Vodafone to boost its online market

Amazon's partnership with Vodafone and its Udaan project for smaller towns is aimed at people who are not yet shopping online.

Jun 20, 2016

raghuram rajan second term india inc jaitley modi sub swamy controversy rbi

RBI Governor Raghuram Rajan's problems with Modi Govt started in March 2015

The Modi government's response to RBI chief Raghuram Rajan's demands were not going down well for quite some time.

Jun 20, 2016

Bombay Stock Exchange building

Markets shrug off Rexit, Brexit fears; Sensex reverses early morning losses

Rexit has not affected Sensex, which opened with a loss of about 130 points on Monday but recovered later.

Jun 20, 2016

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