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RCom, Aircel to soon conclude merger, combined entity to have new brand name

The new combined entity, a 50:50 joint venture between RCom and Aircel, will have revenues of about Rs. 25,000 by 2017. Jun 23, 2016
mahanagar gas bse bombay stock exchange ipo

Mahanagar Gas IPO: Shares likely to be listed at a premium on exchanges

The Rs. 1,040 crore initial public offering (IPO) of Mahanagar Gas was oversubscribed 64 times. Jun 23, 2016
jsw ventues sebi nod investing

JSW Ventures gets Sebi nod to invest in start-ups, JSW Holdings rises 15% on BSE

JSW Ventures is the venture capital arm of the $11 billion JSW Group that has interests in cement, steel and energy. Jun 23, 2016

Euro 2016: Five companies benefiting from the tournament

Home nation success is thick in the air, with more potential optimism to come in the last 16 round, there are a number of areas where companies could profit from a good run by the three home nation teams. Jun 23, 2016
Aviation Air India IndiGo Jet

Airlines in low-fare war: Flyers' body complains about 'bogus' schemes

The Air Passengers Association alleged that airlines were taking passengers "for a ride" by introducing such offers. Jun 23, 2016
Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC chairman SK Roy's early resignation triggers speculation

Like RBI chief Raghuram Roy, LIC head SK Roy was also appointed by the Congress-led UPA government. Jun 23, 2016
Euro currency notes

Pound hits 6-month high as Bremain hopes get last minute boost

Reduced Brexit fears have helped sterling gain roughly three percent so far this week. Jun 23, 2016
call tariff data plans hike

Govt approves Rs. 5.6 lakh crore mega spectrum sale

The auctioning is the largest ever in the country, which is also the world's second largest telecommunication market. Jun 22, 2016
bse sensex rexit brexit dalal street shares bank npa inflation

Brexit: India's market regulators, stock exchanges prop up surveillance to curtail excessive volatility

While the RBI said it maintained a "close vigil" on the referendum's outcome, stock exchanges tightened their vigilance mechanism to curtail any excessive volatility in the markets. Jun 22, 2016
Bombay Stock Exchange BSE indian stock markets

Sensex falls ahead of Brexit vote

Tata Motors fell 2.5 percent on Brexit fears. Jun 22, 2016

EU referendum: Brompton bike makers on how a Brexit vote would affect their business

IBTimes went behind the scenes of the folding bike manufacturer to hear their views on a potential Brexit. Jun 22, 2016
vistara airasia india aviation policy india domestic air traffic Phee Teik Yeoh

Vistara plans to commence international services by June 2018

Phee Teik Yeoh, CEO of Vistara, gave the tentative deadline in two separate interviews. Jun 22, 2016
gold prices silver prices gold jewellery silver jewellery silver bars gold bars

Receding Brexit sentiments push gold prices to a two-week low: Report

Wednesday's fall in gold prices was the biggest in nearly a month, after the yellow metal had touched a two-year high last week. Jun 22, 2016
softbank

SoftBank appoints telecom operations head Ken Miyauchi in place of Nikesh Arora

Nikesh Arora quit SoftBank as president and COO on Tuesday but will continue for a month in an advisory role. Jun 22, 2016
coffee brazil rains india tata coffee board drinks

Rain in Brazil brings cheer to Indian coffee market; global prices at 13-month high

Coffee prices have risen globally in the wake of rain in world's largest producer, Brazil, boosting shares of Indian coffee firms. Jun 22, 2016
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