Business news

Tata Steel, Posco likely to bid for Essar Steel

Betting on government spending on infra projects, specifically affordable homes, Tata Steel is keen to grow the business through strategic acquisitions.

Aug 24, 2017

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Betting on corporate governance? Go for Bharat 22

Bharat 22 ETF may offer discounts, some tax breaks and loyalty bonuses to lure and compensate investors.

Aug 24, 2017

Tata Power to sell non-core assets to pare debt: N Chandrasekaran

The company's Mundra power plant in Gujarat has become unviable after coal exporter Indonesia has sharply increased coal prices since 2010.

Aug 24, 2017

IPL broadcast rights: Dish TV writes letter to BCCI, MIB against Star India

Read the full contents of the letter sent by Dish TV chief Jawahar Goel ahead of the submissions of the Invitation To Tender (ITT), scheduled for September 1.

Aug 24, 2017

Sebi to initiate re-investigation into Infosys' $200 million Panaya acquisition: Report

Sebi's change in stance may be due to recommendations received from the Narendra Modi government.

Aug 24, 2017

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Infosys board members offer to quit amid Nilekani's return; more resignations in the pipeline?

While co-founder Nandan Nilekani is set to return to Infosys as its non-executive chairman, the board members of the IT giant have offered to quit. Vishal Sikka's tenure too has come under question.

Aug 24, 2017

Burger King exceeds 100 outlets in India: Can it occupy McDonald's void?

Burger King's expansion could suggest that the American brand is looking to fill the gap created by McDonald's, which is shutting 169 outlets in north and east India. Read to know more.

Aug 24, 2017

Walmart to offer voice shopping through Google

Google will offer a large variety of Walmart products on its voice-controlled Google Assistant platform from late September and will offer wider selection of items than any other retailer

Aug 23, 2017

Is Nandan Nilekani's comeback to Infosys imminent?

Nilekani's return to Infosys gave a positive indication to market, as shares of the company registered a spike of 2.4 percent on Wednesday afternoon.

Aug 23, 2017

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After SBI merger, Modi govt now gives in-principle nod to consolidate public sector banks

With this approval, the Narendra Modi government plans to consolidate 21 public sector banks (PSBs). The details of the mergers are yet to be announced.

Aug 23, 2017

India grants Pfizer patent on pneumonia vaccine in blow to aid group

The decision by India's patent office bars other companies from making cheaper copies of the vaccine and allows Pfizer to exclusively sell it in India until 2026.

Aug 23, 2017

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After Vishal Sikka's exit, here's what interim CEO UB Pravin Rao told Infosys staff [FULL TEXT]

Interim CEO UB Pravin Rao sent an email to the employees of Bengaluru-based Infosys and said that while Vishal Sikka had moved on, the show at the firm must go on.

Aug 23, 2017

AM Naik bids farewell to L&T; you can't imagine the amount he will take home as leave encashment

While AM Naik will not be at the helm of operations anymore, he will still address the company's annual general meetings for three more years through a non-executive role.

Aug 23, 2017

Tata Motors will look to turn around India ops, focus on CV segment

Says company's performance suffered due to sub-optimal execution and market misses, expects business environment to stay dynamic and unpredictable.

Aug 22, 2017

Reliance-BP combine to invest in power storage business

Reliance and BP in June extended their partnership to explore new prospects in clean energy besides focusing on conventional fuels.

Aug 22, 2017

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Business news

Tata Steel, Posco likely to bid for Essar Steel

Betting on corporate governance? Go for Bharat 22

Tata Power to sell non-core assets to pare debt: N Chandrasekaran

IPL broadcast rights: Dish TV writes letter to BCCI, MIB against Star India

Sebi to initiate re-investigation into Infosys' $200 million Panaya acquisition: Report

Infosys board members offer to quit amid Nilekani's return; more resignations in the pipeline?

Burger King exceeds 100 outlets in India: Can it occupy McDonald's void?

Walmart to offer voice shopping through Google

Is Nandan Nilekani's comeback to Infosys imminent?

After SBI merger, Modi govt now gives in-principle nod to consolidate public sector banks

India grants Pfizer patent on pneumonia vaccine in blow to aid group

After Vishal Sikka's exit, here's what interim CEO UB Pravin Rao told Infosys staff [FULL TEXT]

AM Naik bids farewell to L&T; you can't imagine the amount he will take home as leave encashment

Tata Motors will look to turn around India ops, focus on CV segment

Reliance-BP combine to invest in power storage business

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]