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Indian oil companies to buy 24% stake in Russia's Vankor oilfield for $2.1 billion

In September 2015, OVL invested $1.25 billion to fork out a 15 percent stake in the same oilfield. Jun 18, 2016
Amul

India's Amul with overall turnover of $5 billion is world's 13 largest dairy

The company boasts of passing on 80 paisa for every rupee earned to its dairy farmers on each of its flagship Amul products sold. Jun 17, 2016
Cash Machines

NRIs can now open NPS account online using eNPS platform

As old age income security, NPS can provide a long term solution to most Indian expatriates who plan to return to the country in future. Jun 17, 2016
vistara airasia india aviation policy india domestic air traffic

Vistara looking at strategic partnerships to expand business

Vistara, jointly owned by Singapore Airlines and Tata Group, is also eyeing fleet expansion to fly on international routes. Jun 17, 2016
hdfc max merger insurance life bse bombay stock exchange

HDFC Life, Max Life, Max Financial Services merger could pip ICICI Prudential; Max shares hit 52-week high

Both HDFC and Max Financial Services boards approved the three-way merger that also involves Max Life Insurance. Jun 17, 2016
Revlon

Revlon seeks to strengthen foothold in skincare sector with acquisition of Elizabeth Arden

The Florida-based company has been losing customers to rivals who offer better deals and discounts. Jun 17, 2016
udta punjab ekta kapoor anurag kashyap balaji telefilms

'Udta Punjab' performance at box office could lift Ekta Kapoor's Balaji Telefilms share price

Ekta Kapoor's Balaji Telefilms and Anurag Kashyap's Phantom Films are co-producers of "Udta Punjab". Jun 17, 2016
Wipro

Wipro plans to set up Special Economic Zone in West Bengal

The Board of Approval will take up Wipro's application on June 22. Jun 17, 2016
Bombay Stock Exchange building

Real estate stocks rally on REIT buzz, Unitech biggest gainer

News of REIT norms likely to be relaxed lifted shares of Unitech, HDIL, Oberoi Realty and Sobha. Jun 17, 2016
GMR

GMR denies selling stake in Hyderabad Airport: Report

The stake sale of the Hyderabad airport is reportedly valued between Rs. 5,000 and 5,500 crore. Jun 17, 2016

Disney faces PR crisis, risk of legal action after gator attack

An alligator snatched and killed a toddler at the Walt Disney World resort in Orlando, Florida, on Tuesday. Jun 17, 2016
Gold Jewellery

Gold prices near 2-year high on safe haven demand as Brexit looms

A dovish Fed and looming Brexit could point to a bullish market for gold in the near term, analysts said. Jun 16, 2016
new civil aviation policy airasia visatara

Vistara, AirAsia India seek quick fleet growth as aviation rules eased, sources say

Vistara and AirAsia India aim to boost their fleet sizes to 20 planes within a year. Jun 16, 2016
mutual funds investments redemption

Cabinet clears bill to speed up bad loan recovery, facilitate ease of doing business

The bill seeks to hasten the process of bad loan recovery when stressed assets in banks are estimated at Rs. 8 lakh crore. Jun 16, 2016
wgc gold demand report 2016, india gold demand, world gold demand trends, india gold jewellery, india gold prices, gold prices in india, gold prices in china, gold ETFs, gold demand in china

India exports more gems and jewellery, imports less gold

Export of gems and jewellery rose 24 percent in May, while gold imports fell for the fourth straight month. Jun 16, 2016
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