Business news

Motherson Sumi to acquire Finnish truck wire maker PKC for $609 million

MSSL has offered 23.55 euros per PKC share, representing a 51 percent premium to PKC's closing price on Thursday.

Jan 20, 2017

Western Union slapped with $586 million penalty over money transfer fraud

Western Union admitted to criminal violations and failing to maintain an effective anti-money laundering program and aiding wire fraud.

Jan 20, 2017

UPS maker Luminous aims to double turnover to Rs 5,000 crore in 4-5 years

New Delhi-based Luminous has a market share of around 39 percent in UPS and 27 percent in inverter batteries segment in India.

Jan 19, 2017

sony, sony pictures, ten sports, cci clears sony-ten sports deal, sports

CCI clears Sony Pictures-Ten Sports deal

Sony Pictures will be acquiring Zee-owned Ten Sports' stake for $385 million announced in September last year, after the go-ahead from CCI.

Jan 19, 2017

Vijay Mallya must repay Rs 6,203 crore with interest to SBI-led consortium of banks: Debt Recovery Tribunal

A consortium of 17 banks led by the country's largest public sector lender State Bank of India had approached the tribunal seeking instructions to Vijay Mallya to repay the loan

Jan 19, 2017

Disclosure of property, jewelry and overseas account holdings not allowed in PMGKY tax amnesty scheme

The Central Board of Direct Taxes said only unaccounted domestic cash holding can be declared through the scheme.

Jan 19, 2017

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PVR stock gains 5% in 2 days; Warburg Pincus picks up 14% stake sale in multiplex

PE firm Warburg Pincus pays Rs 820 crore for the stake in multiplex operator PVR.

Jan 19, 2017

icici prudential share price, icici bank share price, listing of psu insurance companies, insurance in india, sbi life insurance stake sale

ICICI Prudential Life shares hit 52-week high on Modi Govt approving listing of PSU insurance firms

ICICI Bank subsidiary ICICI Prudential Life Insurance shares rally on Thursday in response to stake sale in state-owned insurance companies.

Jan 19, 2017

Jio users' reliance on Wi-Fi is lowest across globe

Reliance Jio to soon launch automobile telematics device that will track vehicle's movement

Jio is also working on a new tariff plan that will be valid till June 30 and would provide data at a nominal Rs 100, combined with free voice calls.

Jan 19, 2017

cyrus mistry ratan tata group companies tata steel ihcl quits resigns removal tata sons tcs

NCLT rejects Cyrus Mistry's contempt plea against Tata Sons

The NCLT division bench has given Mistry family firms liberty to file affidavit three days from the date of the EGM.

Jan 19, 2017

rbl bank, rbl bank q3 results, bank stocks, bse sensex, nse nifty

Watch videos on stock market investment ideas by Dynamic Levels

Dynamic Levels is a brokerage firm.

Jan 18, 2017

India CV industry outlook FY2017: Pre-buying ahead of BS-IV emission norms to partially offset slump after note ban

Across the CV industry, medium and heavy commercial vehicle (M&HCV) segment is likely to register a marginal growth of 0-2 percent in FY2017 impacted by demonetisation.

Jan 18, 2017

Real Estate in Union budget 2017: 5 expectations that govt should address this financial year

Here are five expectations of the real estate sector that need to be addressed in the union budget 2017-18.

Jan 18, 2017

Cabinet clears public listing of 5 state-run general insurance companies

New India Assurance Co, United India Insurance, Oriental Insurance, National Insurance Company and General Insurance Corp would be publicly listed.

Jan 18, 2017

budget 2017, halwa ceremony, fm arun jaitley, pm modi, india news, assembly elections

Budget 2017 printing could start by Sunday this week with halwa ceremony

Budget 2017: The next budget will also be a full-fledged document but in 2019, it will be vote-on-account.

Jan 18, 2017

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Business news

Motherson Sumi to acquire Finnish truck wire maker PKC for $609 million

Western Union slapped with $586 million penalty over money transfer fraud

UPS maker Luminous aims to double turnover to Rs 5,000 crore in 4-5 years

CCI clears Sony Pictures-Ten Sports deal

Vijay Mallya must repay Rs 6,203 crore with interest to SBI-led consortium of banks: Debt Recovery Tribunal

Disclosure of property, jewelry and overseas account holdings not allowed in PMGKY tax amnesty scheme

PVR stock gains 5% in 2 days; Warburg Pincus picks up 14% stake sale in multiplex

ICICI Prudential Life shares hit 52-week high on Modi Govt approving listing of PSU insurance firms

Reliance Jio to soon launch automobile telematics device that will track vehicle's movement

NCLT rejects Cyrus Mistry's contempt plea against Tata Sons

Watch videos on stock market investment ideas by Dynamic Levels

India CV industry outlook FY2017: Pre-buying ahead of BS-IV emission norms to partially offset slump after note ban

Real Estate in Union budget 2017: 5 expectations that govt should address this financial year

Cabinet clears public listing of 5 state-run general insurance companies

Budget 2017 printing could start by Sunday this week with halwa ceremony

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]