Business news

Mallya proposes to repay Rs 4,000 crore of his dues

The lender-bank consortium that has accused him of defaulting Rs 6630 crore, will be paid Rs 4,000 crore by Sep. 31, he says.

Mar 30, 2016

IKEA acquires land worth Rs 214 crore from Rallis India

The transaction is subject to IKEA receiving all required approvals from the regulatory authority.

Mar 30, 2016

GE to sell $1.4 billion US hotel franchise loan portfolio

GE said it would also sell to an unnamed buyer its business that provides financing to Canada's hospitality and restaurant industries.

Mar 30, 2016

Music streaming company Spotify raises $1 billion in convertible debt

The deal is expected to close at the end of this week, Spotify spokeswoman Marni Greenberg confirmed to Reuters.

Mar 30, 2016

Tata Steel puts entire UK business up for sale

Tata said it would "explore all options for portfolio restructuring, including the potential divestment of Tata Steel UK, in whole or in parts".

Mar 30, 2016

Supreme Court allows SEBI to sell some Sahara properties

The money raised will be used to refund millions of investors from whom the Sahara Group collected money illegally.

Mar 29, 2016

Ashok Leyland bags Rs 800-crore defence contract

The automobile manufacturer will supply 450 field artillery tractors and 825 ambulance units to the Indian armed forces.

Mar 29, 2016

Walt Disney may open 50 retail stores in India

The entertainment company would likely collaborate with DLF Brands, a subsidiary of DLF Limited, the Economic Times reported.

Mar 29, 2016

Saab wants to make India its manufacturing base

The Swedish defence firm intends to offer niche products catering to all three services -- Army, Navy and Air Force -- of the defence sector.

Mar 29, 2016

Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC now owns 14.37% stake in IDBI Bank after new preferential issue

The bank intends to raise both its equity and debt capital to meet global norms of efficiency by March 2019.

Mar 29, 2016

China's Anbang raises offer for Starwood to $14 billion

The offer is the latest challenge to the U.S. hotel operator's merger with Marriott International Inc.

Mar 29, 2016

Japan's NTT Data agrees to buy Dell's IT services unit for $3 billion

The sale will also offer NTT Data, one of the world's largest technology services companies, a bigger foothold in the United States.

Mar 29, 2016

Yahoo sets April 11 deadline for preliminary bids: WSJ

A deadline for preliminary bids in April could mean that Yahoo could close a deal by June or July.

Mar 29, 2016

JSW Energy eyeing distressed power plants: CFO

JSW Group CFO Seshagiri Rao said there were several attractive opportunities in the power sector hit by coal mine cancellations.

Mar 29, 2016

ONGC to invest $5B in KG basin

The production of oil and gas from the field will contribute $585 million to ONGC's profit and $1.86 billion to revenues from 2020-2021.

Mar 28, 2016

Prev 650 651 652 653 654 655 656 657 658 659 Next

Business news

Mallya proposes to repay Rs 4,000 crore of his dues

IKEA acquires land worth Rs 214 crore from Rallis India

GE to sell $1.4 billion US hotel franchise loan portfolio

Music streaming company Spotify raises $1 billion in convertible debt

Tata Steel puts entire UK business up for sale

Supreme Court allows SEBI to sell some Sahara properties

Ashok Leyland bags Rs 800-crore defence contract

Walt Disney may open 50 retail stores in India

Saab wants to make India its manufacturing base

LIC now owns 14.37% stake in IDBI Bank after new preferential issue

China's Anbang raises offer for Starwood to $14 billion

Japan's NTT Data agrees to buy Dell's IT services unit for $3 billion

Yahoo sets April 11 deadline for preliminary bids: WSJ

JSW Energy eyeing distressed power plants: CFO

ONGC to invest $5B in KG basin

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]