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Infosys backs domestic start-up

This Indian drone start-up gets backing from Infosys

ideaForge, a Mumbai-based start-up was founded in 2007 by three IIT-Bombay alumni. Dec 15, 2016
Cipla ltd.

Cipla subsidiary forms joint venture with Iran's Ahran Tejarat

The joint venture aims at manufacturing and marketing pharmaceutical products in Iran. Dec 15, 2016
After Sky and Punch Taverns, what major companies could be the next takeover targets?

After Sky and Punch Taverns, what major companies could be the next takeover targets?

Sky stock prices have jumped 30% since Rupert Murdochs News Corp bid £11.2billion for the remainder of the company. Dec 15, 2016
Indian yoga guru Ramdev gestures to his supporters at the Ramlila grounds during his agitation against corruption and black money in New Delhi on Aug. 9, 2012.

This is why Patanjali is facing a Rs 11 lakh fine

Patanjali has made many claims regarding other companies' products and been rapped for it. Dec 15, 2016
Walt Disney office

Former employees sue Disney for replacing them with Indian workers

The group alleges that they were laid off "based solely on their national origin and race and were replaced with Indian workers." Dec 15, 2016
Alaska Air

Alaska Air acquires Virgin America airlines in $2.6 billion deal

With this merger, Alaska Air will become the fifth-largest domestic carrier in America. Dec 15, 2016
axis bank q2 share price essar group loans npas income private sector lender atm cyber security attack debit cards issues npas bad loans forex branches atms

Axis Bank in trouble again: I-T sleuths seize Rs 60 crore from 20 fake accounts at Noida branch

The fake accounts at the bank's Sector 51 Noida branch were created just to launder black money. Dec 15, 2016
ongc bonus issue dividend bse sensex

ONGC goes ex-bonus, falls 34%; Sensex, Nifty shrug off US Fed rate hike

Public sector company ONGC had declared bonus shares in the ratio of 1:2 in October. Dec 15, 2016
indra-nooyi-chairman-and-ceo-of-pepsico

PepsiCo CEO Indra Nooyi joins Donald Trump's advisory council

Nooyi is the only Indian-American executive in the 19-member Strategic and Policy Forum, which would help Trump implement his economic agenda. Dec 15, 2016
Tokyo Stock Exchanges

Asia stocks, currencies wobble as Fed flags more hikes

Yields on short-term US debt surged to the highest since 2009, sending the dollar to peaks not seen in almost 14 years. Dec 15, 2016
bse nse share price sensex nifty gainers losers impact currency notes rs 500 and rs 1000 donald trump hillary clinton us presidential elections results india asian global cues equities

Sensex, Nifty end volatile session on Wednesday as nervous markets wait Fed outcome

Shares of banking, auto and metal remained under pressure, while IT stocks gained in trade on Wednesday. Dec 14, 2016
A worker is pictured behind a logo at the IBM stand on the CeBIT computer fair in Hanover

US jobs: IBM plans to hire 25,000 people in America over four years

The announcement by the tech giant comes a day before Donald Trump will meet tech leaders. Dec 14, 2016
Telecom towers 4g servces reliance airtel competition reliance jio iartel tata telecom india 3g

Budget 2017: Telecom firms to seek relaxation in special audits

In a pre-budget consultative meeting, telcos would also seek clarity on spectrum service tax, which has been imposed effective from 2016-17. Dec 14, 2016
Life Insurance Corporation LIC premium insurance bima diamond plan money back

Life insurers gain from demonetisation; LIC's premium collection more than doubles in November

Total premium collections of LIC stood at Rs 12,528 crore in November against Rs 5,182 crore in the same month last year. Private life insurers also posted growth. Dec 14, 2016
Cyrus Mistry

Here is how Cyrus Mistry was ousted from TCS by overwhelming majority of directors

Mistry was removed as director of TCS barely hours after being ousted from Tata Industries. Dec 14, 2016
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