Business news

Govt may scrap 5-year norm for airlines to fly overseas

However, the government may insist airlines reserve at least 20 aircraft or 20 percent of their fleet for domestic operations.

Mar 9, 2016

Ekta Kapoor increases stake in Balaji Telefilms

Ekta Kapoor is the joint MD and producer of the company's TV serials like "Yeh Hai Mohabbatein", "Naagin" and "Kumkum Bhagya"

Mar 9, 2016

California may allow partially-repaired VW diesels to remain on road

State Senator Jim Beall said allowing partially-repaired cars to continue driving on California roads raised several "moral dilemmas."

Mar 9, 2016

Sharp's banks considering additional aid as part of Foxconn deal: Source

The banks are also considering an additional commitment line for the troubled company, the source said.

Mar 9, 2016

Vivint Solar terminates $2.2 billion merger with SunEdison

The cash-and-stock deal, worth $2.2. billion when it was forged last July, had faced criticism from hedge funds and other investors.

Mar 9, 2016

People line up outside an ATM at a State Bank of India branch in Mumbai

International Women's Day: Bhartiya Mahila Bank deposits stood at Rs 751 crore in March 2015

India's first women-centric bank earned Rs 42 crore as interest on investments and a net profit of Rs 20 crore during FY2015.

Mar 8, 2016

Domestic, foreign companies and Private Equity funds eyeing Lafarge's India assets

The companies have submitted Expression of Interest (EOI) for the forth-coming bid.

Mar 8, 2016

Budget provides Rs 70,000 cr for 7th Pay implementation

The total burden on the government exchequer in implementing the 7th Pay panel recommendations is still unknown.

Mar 8, 2016

Piramal Group eyes stressed assets of real estate developers: Report

The group sees the current situation as "a good time to be in the market."

Mar 8, 2016

Indian Overseas Bank to issue 8.6 crore shares to LIC

The public sector lender needs is set to raise money to comply with Basel III norms, says a brokerage firm.

Mar 8, 2016

JPMorgan, Goldman selling 700 million Saipem shares: Traders

JPMorgan and Goldman Sachs were global coordinators in Saipem's recent 3.5 billion euro rights issue.

Mar 8, 2016

Ambani's $20 billion bet on TV, telecoms may rekindle wealthy brothers' rivalry

Mukesh Ambani's television unit has been aggressively wrapping up deals with hundreds of small players in a street-by-street effort.

Mar 8, 2016

Oil at 2016 high above $40 per barrel after producer price support talk

Oil has rallied more than 50 percent since hitting 12-year lows less than two months ago.

Mar 8, 2016

Softbank plans for current year include splitting domestic and overseas operations

Softbank to split domestic and global operations by December 2016

Softbank's strategic move is at positioning its two core businesses as future growth drivers.

Mar 7, 2016

Women's Day: ICICI Bank offers work-from-home option for women employees

The bank also said it will take care of travel and stay expenses of children and caregivers of women managers.

Mar 7, 2016

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Business news

Govt may scrap 5-year norm for airlines to fly overseas

Ekta Kapoor increases stake in Balaji Telefilms

California may allow partially-repaired VW diesels to remain on road

Sharp's banks considering additional aid as part of Foxconn deal: Source

Vivint Solar terminates $2.2 billion merger with SunEdison

International Women's Day: Bhartiya Mahila Bank deposits stood at Rs 751 crore in March 2015

Domestic, foreign companies and Private Equity funds eyeing Lafarge's India assets

Budget provides Rs 70,000 cr for 7th Pay implementation

Piramal Group eyes stressed assets of real estate developers: Report

Indian Overseas Bank to issue 8.6 crore shares to LIC

JPMorgan, Goldman selling 700 million Saipem shares: Traders

Ambani's $20 billion bet on TV, telecoms may rekindle wealthy brothers' rivalry

Oil at 2016 high above $40 per barrel after producer price support talk

Softbank to split domestic and global operations by December 2016

Women's Day: ICICI Bank offers work-from-home option for women employees

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]