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Sensex

Sensex gains 328 points, closes above 26,000

Benchmark index Sensex gained more than one percent on a slew of positive news. Apr 26, 2016
IB Times

Set up committee to look into PSU banks' write-offs, SC asks govt

A public interest litigation highlighted huge differences in the write-offs reported by banks individually and the RBI. Apr 26, 2016
The Plaza, New York, partly owned by the Sahara Group

Market regulator hires HDFC Realty and SBI Capital to sell Sahara's real-estate assets

The two companies have been assigned the task of selling 30 properties each of the Sahara Group, the Economic Times reports. Apr 26, 2016
ABB Group

ABB India posts Q1 net profit of Rs. 71 crore

ABB India also reported highest quarterly revenue of Rs. 2,000 crore for the quarter ended March 2016. Apr 26, 2016
Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

SpiceJet spurts by more than 10% on BSE

The reasons for the sudden increase in the share price of SpiceJet, the fourth-largest Indian airline company, were not known. Apr 26, 2016
UltraTech Cement

UltraTech Cement reports higher capacity utilisation, net profit for March quarter

UltraTech Cement capacity utilisation rose 5 percent to 84 percent, enabling it to post higher revenues and net profit for the quarter. Apr 26, 2016
Time Warner Cable

US approves Charter's Time Warner Cable buy with conditions

The Justice Department's approval carried conditions designed to protect competition coming at a time when the pay television industry faces stagnation. Apr 26, 2016
Standard Chartered

Standard Chartered's assets sale draws lukewarm response from buyers

SSG Capital Management Ltd, a distressed asset investor, is the only firm in talks to buy Standard Chartered's assets, Mint reports. Apr 25, 2016

Asia stocks, dollar edge lower as markets await Fed, Bank of Japan meetings

Japan's Nikkei stock index shed about 0.5 percent as the yen pulled off its lows. Apr 25, 2016
Bombardier

Bombardier says Iranian sales talks progress, denies new airline

Bombardier Executive Chairman Pierre Beaudoin said no deal has been reached yet on sales with Iranian customers. Apr 25, 2016
Iran Oil output

Oil falls as traders cash in after three weeks of gains

Analysts said the price drops were a result of cashing in after three weeks of rising prices. Apr 25, 2016
air india

DGCA considers relaxing aircraft importing norms

Domestic carriers will now be able to import aircraft as much as 18 years old. Apr 24, 2016
bomb threa Jet airways

Jet Airways, JetLite get shareholders' nod for merger

According to Jet Airways, the merger would result in greater efficiency from the merged entity. Apr 24, 2016
Volkswagen company

Volkswagen positive of China sales, plans more investments with JV partners

Volkswagen also plans to invest €4 billion ($4.49 billion) with its joint-venture partners in China this year. Apr 24, 2016
Reliance Jio 4G launch in India: Commercial rollout finally begins next month with free calls and data

Reliance Jio on track to launch 4G services, says RIL

Reliance Jio Infocomm, the telecom arm of Mukesh Ambani-controlled Reliance Industries Limited, gave the information in a presentation. Apr 23, 2016
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