Companies

Deal locked: Amazon to buy 5 percent stake in Shoppers Stop for Rs 180 crore

Following the deal, the company will now hold an extraordinary general meeting (EGM) of its shareholders to seek their approval for this deal.

Sep 24, 2017

Watch Lockheed Martins lethal new laser weapon take down an airborne drone

This new laser weapon from Lockheed Martin looks terrifying, known as ATHENA (Advanced Test High Energy Asset), the weapon successfully burnt through and crashed five drones. The video shows the laser burning through the tail section of the first drone.

Sep 22, 2017

PSB consolidation: Dena Bank, Vijaya Bank enter into merger talks

The merger was initiated keeping in mind the geographical reach of both banks -- Vijaya Bank in southern India, and Dena Bank in the west.

Sep 22, 2017

Uber stripped of its licence to operate in London over safety and security concerns

London's transport regulator has stripped Uber of its licence to operate from the end of September 2017. Read to know more.

Sep 22, 2017

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IPO plans of IRCTC, IRFC may go off the rails for now

In the case of IRCTC, it is the service charge issue, and in IRFC's case, it is about deferred tax liabilities.

Sep 22, 2017

In a first, Baba Ramdev's Patanjali to tap equity-linked fund to raise Rs 1000 crore

Currently the company has 50 manufacturing units and it is planning to scale up production at its existing facilities in Maharashtra, Assam, Andhra Pradesh.

Sep 22, 2017

NDTV denies reports of SpiceJet owner Ajay Singh picking up majority stake

Promoter shareholding in NDTV as of June 2017 stood at 61.45 percent, while the remaining 38.55 percent is held by the public.

Sep 22, 2017

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Shareholders wave the green flag, Tata Sons to go private

AGM also discusses giving voting rights to preferential shareholders of Tata Group.

Sep 21, 2017

Cheque books, IFSC codes of six banks will be invalid after September 30: SBI

Users can avail the new cheque books via Internet and mobile banking, ATMs or by visiting the home branch, the lender said.

Sep 21, 2017

Yes Bank slashes 12% of its workforce citing digitisation, poor performance

A bank insider said that the lender will continue to cut jobs even in the near future to reduce redundancy, while attracting top talent for key growth functions.

Sep 21, 2017

Theresa May urges tech firms to stop spread of extremism online

The British Prime Ministers UN address focused on stopping the spread of terrorism through use of the internet.

Sep 21, 2017

Silver lining: Cyrus Mistry's firms get NCLAT go-ahead to challenge Tata Sons

A NCLAT bench headed by Justice SJ Mukhopadhaya has asked NCLT to dispose of the matter in three months.

Sep 21, 2017

Tata Steel joins hands with Thyssenkrupp to build Europe's second largest steel enterprise

Tata plants in Netherlands and the UK will be combined with Thyssenkrupp's German assets.

Sep 20, 2017

Mahindra takes it up a notch; acquires Erkunt Traktor, unveils driverless tractor

Erkunt, established in 2003, is a Turkish tractor brand in Ankara.

Sep 20, 2017

SBI Life's Rs 8,400 crore IPO hits capital market; here's what brokerages say

Market analysts believe that the stock is fairly valued and advice subscribing to the issue due to its strong distribution network, brand value, superior product mix and healthy growth.

Sep 20, 2017

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Companies

Deal locked: Amazon to buy 5 percent stake in Shoppers Stop for Rs 180 crore

Watch Lockheed Martins lethal new laser weapon take down an airborne drone

PSB consolidation: Dena Bank, Vijaya Bank enter into merger talks

Uber stripped of its licence to operate in London over safety and security concerns

IPO plans of IRCTC, IRFC may go off the rails for now

In a first, Baba Ramdev's Patanjali to tap equity-linked fund to raise Rs 1000 crore

NDTV denies reports of SpiceJet owner Ajay Singh picking up majority stake

Shareholders wave the green flag, Tata Sons to go private

Cheque books, IFSC codes of six banks will be invalid after September 30: SBI

Yes Bank slashes 12% of its workforce citing digitisation, poor performance

Theresa May urges tech firms to stop spread of extremism online

Silver lining: Cyrus Mistry's firms get NCLAT go-ahead to challenge Tata Sons

Tata Steel joins hands with Thyssenkrupp to build Europe's second largest steel enterprise

Mahindra takes it up a notch; acquires Erkunt Traktor, unveils driverless tractor

SBI Life's Rs 8,400 crore IPO hits capital market; here's what brokerages say

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]