Business news

Amazon plans to double equity investments in Indian arm

Amazon India has doubled its authorised capital to $2.4 billion, Mint reported.

Apr 4, 2016

ED scans Mallya's overseas assets, decides to send judicial requests to other countries

Mallya's assets in foreign locations, including South Africa, UK, US, Hong Kong and France, will be considered as a part of the probe.

Apr 4, 2016

Blackstone denies seeking to acquire Brazil mall operator

Blackstone had hired JP Morgan Chase & Co. to help it consider acquiring a controlling stake in BR Malls.

Apr 4, 2016

Oil prices fall on dimming prospect of output restraint

International Brent futures LCOc1 were down 1 percent or 40 cents at $38.27 a barrel.

Apr 4, 2016

DCB Bank launches Aadhaar-based ATM

A customer can now use his/her biometric details, instead of using a PIN number, to make cash transactions.

Apr 3, 2016

Tata Group set to expand business in Vietnam, Myanmar

Tata Steel may merge Europe business with Germany's Thyssenkrupp: Report

Tata Steel may opt for closing down U.K. operations in about six weeks if the company does not find a buyer soon.

Apr 3, 2016

Adani wins state go-ahead for $7.7 billion coal project in Australia

Environmentalists had complained the projects would harm the Great Barrier Reef in Australia and contribute to climate change.

Apr 3, 2016

Iran seeks $2.5 billion to modernise its oil tankers

Chinese firms were pushing for multi-billion-dollar deals with Iran to modernise its shipping fleet and build a high-speed railway.

Apr 3, 2016

SBI's NO Queue app generates Q-tickets, increases customer experience

Customers can now save time with an option to queue virtually over a mobile application.

Apr 3, 2016

Enforcement Directorate issues fresh summons to Vijay Mallya

He has been asked to appear before April 9 in connection with the money-laundering case.

Apr 2, 2016

Coal India coal theft Mahanadi Coalfields

Coal India FY2016 output rises 8.6%, but falls short of target

State-run Coal India's output was 536.5 million tonnes, almost 15 million short of 550 million tonnes it had targeted.

Apr 2, 2016

HCL Technologies to buy Geometric Ltd in all-stock deal

Geometric shareholders will receive 10 shares in HCL for every 43 shares of Geometric as part of the stock-swap.

Apr 2, 2016

Time Inc considers taking on private equity partner for Yahoo bid: Reuters

Yahoo's web business is estimated to be worth several billion of dollars more than Time Inc's market capitalisation of just $1.6 billion.

Apr 2, 2016

Tata Motors buses commercial vehicle sales

Commercial vehicle makers post double-digit growth in March

Domestic sales of Ashok Leyland, Tata Motors, Eicher Motors and Mahindra grew in the range of 20 percent to 44 percent in March this year.

Apr 1, 2016

Flipkart acquires mobile payments start-up PhonePe

Bengaluru-based PhonePe was co-founded by former Flipkart employees Sameer Nigam and Rahul Chari.

Apr 1, 2016

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Business news

Amazon plans to double equity investments in Indian arm

ED scans Mallya's overseas assets, decides to send judicial requests to other countries

Blackstone denies seeking to acquire Brazil mall operator

Oil prices fall on dimming prospect of output restraint

DCB Bank launches Aadhaar-based ATM

Tata Steel may merge Europe business with Germany's Thyssenkrupp: Report

Adani wins state go-ahead for $7.7 billion coal project in Australia

Iran seeks $2.5 billion to modernise its oil tankers

SBI's NO Queue app generates Q-tickets, increases customer experience

Enforcement Directorate issues fresh summons to Vijay Mallya

Coal India FY2016 output rises 8.6%, but falls short of target

HCL Technologies to buy Geometric Ltd in all-stock deal

Time Inc considers taking on private equity partner for Yahoo bid: Reuters

Commercial vehicle makers post double-digit growth in March

Flipkart acquires mobile payments start-up PhonePe

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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]