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FIPB to take up stake hike proposals of Standard Life, Aviva on 29 December; Mitsui Sumitomo increases stake in Cholamandalam to 40%

The proposals of the two foreign shareholders was deferred by FIPB on 27 November. Dec 25, 2015

Shah Rukh Khan chosen as Reliance Jio 4G brand ambassador: Report

Earlier, the Bollywood actor was the brand ambassador for India's top telecom operator Bharti Airtel. Dec 25, 2015

Cognizant in fray to acquire Dell's Perot Systems: Report

Selling Perot Systems is taking longer for Dell due to valuation issues. Dec 25, 2015

Ecommerce in Africa and Asia: How startups can benefit from tomorrows emerging markets.

IBTimes UK speaks to Nils Hammar, the CEO of Saltside Technologies. Dec 24, 2015

Gold prices could fall below $1,000 in 2016: Report

If gold falls settles at around $985 by end 2016, it will mark a 7-year low, according to Phillip Futures. Dec 24, 2015

Flic-Flac - Spider that cart-wheels away from trouble

IBTimes UK looks at our favourite new species discovered in 2015. Dec 24, 2015

Pipavav Defence flares 20% on speculation of gains from Russian defence deal

Pipavav Defence shares soared 20% and closed at a new 52-week high of Rs 100.25 in response to Russian defence deal report. Dec 24, 2015

Air fares fall sharply on top five busy routes across India

In contrast, fares on routes connecting smaller cities have actually seen an increase. Dec 24, 2015

Income tax notices to tax payers will soon have e-mail ids, phone numbers of officials

The move is aimed at making communication authentic and dispel notions of phishing. Dec 24, 2015

Foxconn likely to invest Rs 25,000 crore in its Gujarat plant: Report

The Gujarat government is also examining the incentives given by the Maharashtra government to Foxconn. Dec 24, 2015

Sensex trades flat in the absence of fresh triggers

NSE Nifty marginally declined by 5.15 points or 0.07% and was trading at 7,860.80 in the morning. Dec 24, 2015

Maruti Suzuki to setup assembly plant in Sri Lanka: Report

The previous attempt in 2013 was scrapped due some tax issues. Dec 24, 2015

India-Westinghouse deal to build six nuclear reactors to be signed in 2016

The proposed power plant will be in Prime Minister Narendra Modi's home state of Gujarat. Dec 24, 2015

Reliance Infrastructure in advanced talks to sell cement business for $394 million

Under the terms of the deal, the buyer would also take over the cement unit's outstanding debt of Rs 24 billion. Dec 24, 2015

Azure Power wins NTPC project to generate 100 MW solar power in Andhra Pradesh

The tariff is 11% higher than the first two auctions won by Sun Edison and Soft Bank at Rs 4.63/kWh. Dec 23, 2015
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