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Realty stocks slide over possible crackdown on illegal properties

Prestige, Unitech, Indiabulls Real Estate, DLF, Oberoi Realty were trading with losses though Sensex was up 100 points.

Dec 27, 2016

L&T Construction bags orders worth Rs 3,039 crore

The major work includes construction of a navigational lock structure, comprising about 250 metres long and 18 metres deep retaining walls.

Dec 26, 2016

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AirAsia India finance head questioned by ED in forex violation case

AirAsia India has come under a cloud after Tata Sons ex-chairman Cyrus Mistry raised issues of questionable practices at the airline.

Dec 26, 2016

Saudi Arabia, Aramco, Saudi Aramco, Saudi Arabia oil and gas

Aramco stake sale: Saudi newspaper retracts its report

Saudi Arabian newspaper al-Eqtisadiah reported on Sunday that Aramco was planning to sell 49 percent of its shares over the next decade.

Dec 26, 2016

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Jeff Bezos' Amazon widens India losses 10-fold in 2 years

Amazon India directly competes with Snapdeal, Flipkart in India's thriving e-commerce market, but is also incurring losses.

Dec 26, 2016

Deutsche Bank, DoJ, investors, Deutsche Bank Share price

Deutsche Bank, Credit Suisse settle multi-billion dollar lawsuits over US mortgage probe

While Deutsche Bank will pay $7.2 billion, Credit Suisse has agreed to pay $5.28 billion for wrongly selling subprime loans and manipulating foreign exchange rates.

Dec 23, 2016

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SpiceJet AGM to decide on Ajay Singh's salary, perks

Ajay Singh's extended tenure will be from April 2016-May 2018; he took over low-cost carrier SpiceJet from Kalanithi Maran in January 2015.

Dec 23, 2016

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Wipro settles 6-year old US SEC probe with $5 million fine

The civil money penalty will be paid by Wipro to close an investigation launched by the US SEC in an embezzlement case.

Dec 23, 2016

Tata Motors board: Nusli Wadia voted out as director

The decision was put to vote and 71.20 percent of the Tata Motors shareholders voted in favour of Wadia's exit as director.

Dec 23, 2016

Cancer treatment: Sun Pharma to acquire Novartis' cancer drug Odomzo for $175 million

Odomzo, approved by the US FDA in July 2015, has marketing approval in over 30 countries.

Dec 22, 2016

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Snapdeal will now deliver Rs 2,000 notes to your doorstep through Cash@Home

Snapdeal has launched Cash@Home in Gurgaon and Bengaluru, where users can pay for their cash using ATM cards.

Dec 22, 2016

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Gaming Outlook 2017: Positive on Las Vegas, cautious on Macau, says Nomura

Prominent players in the two places are MGM, Las Vegas Sands, Wynn Resorts and Melco Crown Entertainment.

Dec 22, 2016

Tata Steel board removes Nusli Wadia as independent director

Almost 90 percent of shareholders have voted in favour of Wadia's ouster.

Dec 22, 2016

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DLF survives demolition of Chilavanoor apartments; Kerala High Court imposes fine of Rs 1 crore

Real estate developer DLF was accused of violating CRZ norms and the case was being heard in Kerala High Court.

Dec 21, 2016

RCom shares rise 6% on deal with Brookfield Infrastructure

RCom will receive an upfront payment of Rs 11,000 crore once the transaction is completed.

Dec 21, 2016

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