Indian Companies News, Company Business news, Corporate News

Business news

Rolls-Royce to pay $817 million in penalties to settle bribery charges

Rolls-Royce Holdings reached an agreement with US, UK and Brazil authorities over allegations that it hired commercial agents to secure high-value contracts in several countries.

Jan 17, 2017

bat, reynolds, bat reynolds deal, reynolds cigarette, bat cigarette, itc share price, global cigarette consumption

British American Tobacco gets full control of US rival Reynolds in $49.4 billion deal

Reynolds shareholders will get $29.44 in cash and 0.5260 BAT ordinary shares for each share held; deal makes BAT the world's largest listed tobacco company.

Jan 17, 2017

Interview: Data monetisation could become a new business opportunity for banks, says Manoj Kalyan, AVP at Brillio

In an exclusive interview with International Business Times, Manoj Kalyan of global tech consulting company shares his views on big data.

Jan 17, 2017

Delta Corp shares spurt on receiving Gangtok casino license; Reliance Industries down 3% after Q3 results

Reliance Industries reported a net profit of Rs 8,022 crore in the December quarter while its gross refining margin increased to $10.80 a barrel.

Jan 17, 2017

ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

SBI Card says demonetisation has increased spends by 30%

The rise was recorded despite a fall in certain other segments such as jewellery, fuel and other discretionary spending.

Jan 17, 2017

Nomura reiterates Buy on Maruti Suzuki after 'premiumisation' launch of Ignis

Factoring in Ignis sales volume for FY17 and FY18, Nomura reiterated its target price of Rs 6,576 for the MSIL stock, up 14% from Rs 5,777 currently.

Jan 16, 2017

Interview: PiCirql online education program is revolutionising 'monster' maths

The aim of the new program is to make maths exciting, challenging and relatable, Mridula Naresh told International Business Times, India.

Jan 16, 2017

Samsung Group leader Jay Y. Lee arrives for bribery suspicion questioning

More trouble for Samsung as South Korean prosecutors seek arrest of company chief

The Samsung chief was questioned by investigators last week for nearly 22 hours straight for his involvement in an alleged corruption scandal.

Jan 16, 2017

Essilor, Luxottica merge to create a luxury eyewear giant; all you need to know about the mega merger

The combined entity will be named EssilorLuxottica that will have a presence in more than 150 countries.

Jan 16, 2017

bse sensex, nse nifty, top losers, economic survey 2017, highlights of economic survey 2017, sensex gainers, sensex losers

Bombay Stock Exchange fixes price band for IPO

BSE has fixed the price band between Rs 805-806 apiece for its market launch.

Jan 16, 2017

Peta buys stake in Louis Vuitton's parent company to push against use of exotic animal skin

Peta's move follows its expose of crocodile farms in Vietnam. The organisation released a video last month showing reptiles getting killed in farms which had supplied skins to a tannery owned by LMVH.

Jan 15, 2017