Business news

Essar Steel Minnesota hires debt restructuring advisers: Sources

The company is in the final stages of building a $1.8 billion iron ore pellet plant in northern Minnesota.

Mar 25, 2016

FIIs remain net buyers of Indian equities in truncated trading week

During the three-day week, the S&P BSE Sensex gained 1.54 percent to close at 25,337 Wednesday.

Mar 24, 2016

Why the sugar tax is a sweet deal for Tate and Lye, Pure Circle and Whitbread

A proposed tax on imported sugar-sweetened drinks may have some surprising beneficiaries.

Mar 24, 2016

Karnataka HC says Bt-seed royalty is a private agreement

The high court said: "Trait value is not one of the components to be included for fixing the cottonseed price."

Mar 24, 2016

VW, EPA expect not to unveil diesel settlement on Thursday: Reuters sources

Volkswagen and regulators are likely to tell US district judge Charles Breyer they are making good progress toward reaching a deal.

Mar 24, 2016

Sun Life eyes more Asia expansion after Indonesian deal

Sun Life said it would buy the remaining 51 percent of CIMB Sun Life (CSL) to further expand its presence in a key Asian growth market.

Mar 24, 2016

Heineken raises stake in India's United Breweries to 43%

Heineken, which bought a 37.5 percent equity stake in United Breweries in 2008, previously owned 42.2 percent of United Breweries.

Mar 24, 2016

Buyers sue DLF for Rs 900 crore over delay in flat delivery

Around 330 flat buyers in Bengaluru are seeking Rs 900 crore in damages over delay in giving possession of flats and hiking prices.

Mar 23, 2016

PSU energy firms to set up start-up fund

The fund would create a corpus to invest in new business models in the energy sector and bring efficiency.

Mar 23, 2016

Govt mulling 49% stake sale in Air India: Report

The government may soon form a panel to look at the possibility of a stake sale, Reuters reported, citing NewsRise Financial.

Mar 23, 2016

Infosys in the dock over corporate ethics

Infosys is being questioned for re-appointing an independent director for a third term, against the spirit of corporate governance norms.

Mar 23, 2016

Kingfisher Airlines Vijay Mallya Airbus reduces KFA orders

ED sees political pressure in IDBI Bank's loan to Mallya

ED officials emphasised that after questioning bank officials, they strongly suspect political intervention behind the loan sanction.

Mar 23, 2016

SEBI bans Sharepro for share transfer fraud

An order by the market regulator alleged the company's registrar's operations head siphoned off dividend and did not allot shares to the rightful owners.

Mar 23, 2016

Wal-Mart jumps into milk processing, hits Dean Foods' stock

The move comes with Wal-Mart's profits weighed down by costs to increase wages and invest in its e-commerce operations.

Mar 23, 2016

Mounting debts could derail China's plans to cut steel, coal glut

Tackling industrial overcapacity has become a priority for Beijing to make its slowing economy more efficient.

Mar 23, 2016

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Business news

Essar Steel Minnesota hires debt restructuring advisers: Sources

FIIs remain net buyers of Indian equities in truncated trading week

Why the sugar tax is a sweet deal for Tate and Lye, Pure Circle and Whitbread

Karnataka HC says Bt-seed royalty is a private agreement

VW, EPA expect not to unveil diesel settlement on Thursday: Reuters sources

Sun Life eyes more Asia expansion after Indonesian deal

Heineken raises stake in India's United Breweries to 43%

Buyers sue DLF for Rs 900 crore over delay in flat delivery

PSU energy firms to set up start-up fund

Govt mulling 49% stake sale in Air India: Report

Infosys in the dock over corporate ethics

ED sees political pressure in IDBI Bank's loan to Mallya

SEBI bans Sharepro for share transfer fraud

Wal-Mart jumps into milk processing, hits Dean Foods' stock

Mounting debts could derail China's plans to cut steel, coal glut

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]