Business news

NTPC plans to raise Rs. 20,000 crore in FY17

Of the total amount, NTPC would raise Rs. 14,000 crore from the domestic market.

Jun 7, 2016

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Sensex, Nifty end trading with losses ahead of RBI monetary policy meet

The RBI monetary policy meet and comments if any by RBI governor Raghuram Rajan will be watched keenly on Tuesday.

Jun 6, 2016

L&T bags Rs. 903-crore contract to build World Cup stadium in Qatar

The company will construct a stadium with 40,000 seat capacity in Qatar, which is scheduled to hold the 2022 FIFA World Cup.

Jun 6, 2016

L&T wins orders worth Rs. 2,161 crore

L&T's transportation infrastructure business won a design and build order worth Rs. 847 crore.

Jun 6, 2016

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Biocon says Trastuzumab and three other drugs to give 'early mover' advantage in $30-billion market

Biotech company Biocon recently announced that clinical trials of its proposed generic version of Trastuzumab injection were successful.

Jun 6, 2016

Gujarat unveils IT policy to assist startups and incubators

The new IT policy aims to produce 2,000 new startups by providing subsidies and assistance for incubators.

Jun 6, 2016

Adani may drop coal mine project in Australia owing to delays, legal issues

Gautam Adani said he was "disappointed" the project did not take off despite six years of environmental assessments and court rounds.

Jun 5, 2016

Sun Pharma divests 2 US-based manufacturing facilities

The company said it would divest two solid-oral-dosage manufacturing facilities located in Aurora and Philadelphia.

Jun 5, 2016

SBI launches ATM-based facility to e-verify IT returns

SBI is the first bank to launch Electronic Verification Code via ATMs.

Jun 4, 2016

J.P. Morgan Chase & Co. relaxes dress code for employees: Report

Employees at J.P. Morgan Chase & Co. can now wear business-casual attire on most occasions.

Jun 4, 2016

Twitter's merger talks with Yahoo a non-event

Twitter was only interested in "sucking up information," as it backed out of the bid soon after the management meet got over.

Jun 4, 2016

Micromax plans to sell phones in China, raise cash

In two years, the company may list its shares on the India bourses or invite a strategic partner to pick stake in it.

Jun 4, 2016

ed-miliband-labour-will-launch-emergency-recruitment-drive-to-tackle-nhs-staffing-crisis

Who are rags-to-riches brothers Bhikhu and Vijay Patel who fleeced UK NHS?

The entrepreneurs exploited a loophole in UK's NHS drug pricing caps, hiked the cost of generic drugs after dropping the brand name.

Jun 4, 2016

SoftBank adds to Alibaba sale, bringing total to $10 billion

SoftBank, Alibaba's top shareholder, on Wednesday said it would sell at least $7.9 billion of shares in Alibaba.

Jun 4, 2016

Play

Meet the flying hospital fighting to save the broken hearts of Tanzanias poor children

IBTimes UK visits a medical team treating children with congenital heart defects in Dar es Salaam, Tanzania.

Jun 3, 2016

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