Business news

L&T bags Rs 800-crore construction contract from DLF

According to market sources, the deal was reportedly worth Rs 12,000 crore.

Feb 28, 2016

UltraTech buys Jaypee's cement business for Rs 16,500 crore

The deal will enhance UltraTech's cement manufacturing capacity to 90.7 million tonnes per annum and provide access to new markets in India.

Feb 28, 2016

5/20 aviation rule: AirAsia CEO takes a dig at older airlines

Tony Fernandes was responding to allegations made by older airlines that AirAsia is remote-controlled from Malaysia.

Feb 28, 2016

Budget may ease concerns over retrospective taxation

Foreign investors had expected that the Narendra Modi government would "quickly" resolve such tax issues.

Feb 28, 2016

Zee Media Corp to acquire 80% stake in 2 firms of India Today group

The deal is valued at Rs 168 crore, to be paid in portions over the next four years.

Feb 28, 2016

Future Group to add 100-150 new stores over 5 years

Offline retailers are facing intense competition from online retailers as more customers are switching to online shopping.

Feb 28, 2016

Govt likely to issue 10 lakh e-Tourist visas this year

At present, 3,500 e-Tourist visas are being granted on average daily to foreign nationals.

Feb 28, 2016

BRICS bank signs pact to have headquarters in Shanghai

The move will give legal status to the multilateral lender.

Feb 28, 2016

VW ex-CEO told of defeat device admission weeks before news was public: BamS

Volkswagen's US CEO Michael Horn told a US House of Representatives the company had told regulators Sept. 3, 2015, it was using defeat devices.

Feb 28, 2016

Emami Cement on an expansion spree

The company is setting up a Rs 500-crore cement-grinding plant in West Bengal, while two more are planned in Rajasthan and Andhra Pradesh.

Feb 27, 2016

Vedanta clinches India's first gold-mining lease

Gaining a gold-mining lease will help Vedanta improve its financials

Feb 27, 2016

Budget 2016: Will Sensex gain on Budget day as it did last year?

The benchmark index has declined 21 percent since the presentation of last year's budget Feb. 28, 2015.

Feb 27, 2016

Morgan Stanley reduces Flipkart's share value by 27%

The reduction means Flipkart's valuation now stands at $11 billion.

Feb 27, 2016

Budget 2016-17: Where to watch live whether Arun Jaitley will raise tax exemption limit

The Economic Survey tabled Friday had recommended that the government not increase tax exemption limits.

Feb 27, 2016

AirAsia India's loss doubled to Rs 38 crore in December quarter

However, its revenue tripled to Rs 208.46 as the carrier saw a two-fold increase in passenger traffic.

Feb 27, 2016

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Business news

L&T bags Rs 800-crore construction contract from DLF

UltraTech buys Jaypee's cement business for Rs 16,500 crore

5/20 aviation rule: AirAsia CEO takes a dig at older airlines

Budget may ease concerns over retrospective taxation

Zee Media Corp to acquire 80% stake in 2 firms of India Today group

Future Group to add 100-150 new stores over 5 years

Govt likely to issue 10 lakh e-Tourist visas this year

BRICS bank signs pact to have headquarters in Shanghai

VW ex-CEO told of defeat device admission weeks before news was public: BamS

Emami Cement on an expansion spree

Vedanta clinches India's first gold-mining lease

Budget 2016: Will Sensex gain on Budget day as it did last year?

Morgan Stanley reduces Flipkart's share value by 27%

Budget 2016-17: Where to watch live whether Arun Jaitley will raise tax exemption limit

AirAsia India's loss doubled to Rs 38 crore in December quarter

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]