Business news

SunEdison setback may delay Modi's 'ultra mega' solar drive in India

It's doubtful any rival will pick up the project at the aggressive power pricing promised by SunEdison.

Apr 7, 2016

Samsung Electronics profit beats expectations as hopes rise for smartphone recovery

Samsung said in a regulatory filing its January-March operating profit was likely 6.6 trillion won ($5.72 billion).

Apr 7, 2016

Future Group acquires furniture retailer FabFurnish

Future Group will use FabFurnish's online platform to take its Home Town retail stores online.

Apr 6, 2016

SC asks Mallya to disclose assets, prove his bona fide

The lenders' consortium has requested his presence in person to negotiate a new repayment package.

Apr 6, 2016

Tata Group set to expand business in Vietnam, Myanmar

Tata Steel: UK Govt meets Indian-origin businessman for sale talks

UK Business Minister Sajid Javid met Liberty House Group's Sanjeev Gupta to determine his interest in buying steel business.

Apr 6, 2016

Airlines in Asia could get a lift from Alaska-Virgin merger

Foreign airlines could market Alaska Air's U.S. flights to their customers in Asia and take a commission for those sales.

Apr 6, 2016

Amazon chief Bezos defends corporate culture in letter to shareholders

Amazon was the subject of a months-long investigation by the Times, which depicted the company as having a bruising corporate culture.

Apr 6, 2016

Power Grid Corporation of India commissions projects worth Rs. 30,300 crore

State-owned energy utility Power Grid Corporation of India is primarily engaged in transmitting electricity through inter-state grids.

Apr 5, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Sensex down over 500 points on lower-than-expected rate cut by RBI

Benchmark indices Sensex and Nifty ended the trading session Tuesday with losses of over 2 percent each.

Apr 5, 2016

NTPC approves solar power investments worth Rs. 3,100 crore

State-owned Indian power utility company NTPC plans to ramp up its solar capacity to 10 GW by financial year 2021-22.

Apr 5, 2016

Cox & Kings sells its majority stake in UK portals for Rs. 278 crore

The tour operator sold its stake in LateRooms and Superbreak to Malvern Enterprises, a private equity fund.

Apr 5, 2016

India's Adani considering buying SunEdison assets: Reuters sources

Standing to gain from SunEdison's predicament are companies such as Adani that have solar projects and want to expand.

Apr 5, 2016

Disney expands search for new CEO, COO Staggs leaving

Disney said in a statement that the board aimed to evaluate a "robust slate of candidates."

Apr 5, 2016

New US inversion rules threatens Pfizer-Allergan deal

The changes, less than a year before President Barack Obama ends his term, follow sharp political criticism of Pfizer's and Allergan's merger.

Apr 5, 2016

Sensex, Nifty gain ahead of RBI's policy meet April 5

Shares of e-commerce retailer Infibeam, which debuted on stock exchanges Monday, ended the day with a gain of over three percent.

Apr 4, 2016

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