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UK govt puts out white paper on BBC's new role

The once-in-11-years charter renewal may see the BBC with a new mission statement and a new external independent regulator.

May 12, 2016

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

PNB Housing Finance net profit rises 66% in FY16

Net profit was Rs. 326 crore in FY16 while total income grew 52 percent to Rs. 2,697 crore, PNB Housing Finance said.

May 12, 2016

IOC BPCL india petrol diesel fuel stations retail fuel petrol bunk HPCL reliance essar

BPCL, HPCL, IOC to continue domination in fuel retail space: IDFC Securities

Essar and Reliance will remain marginal players even as state-run OMCs retain their dominance, according to the research firm.

May 12, 2016

France makes 'final offer' of $8.56 billion in Rafale fighter jet deal

In addition to this, India and France are also negotiating the price for the support package of the fighter jets.

May 12, 2016

Supreme court extends Subrata Roy's parole till July 11

The conditional release is warranted on a rider that Roy will deposit Rs. 200 crore with Securities Exchange Board of India.

May 11, 2016

Zee Entertainment, DCM Shriram spurt on BSE after upbeat March-quarter results

Zee Entertainment ad revenues rose 29 percent while DCM Shriram's sugar business saw a turnaround, putting the firm back in the black.

May 11, 2016

TAV Airport Turkey AAI Indian airports airport privatisation

Turkey's TAV Airports eyes opportunities in India, Malaysia

TAV Airports is planning to expand its global footprint to new markets such as India, Malaysia and Vietnam.

May 11, 2016

bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

7 NBFCs return licences; certificates of 4 others cancelled by RBI

The non-banking financial companies will no longer be able to carry on business, said the RBI.

May 11, 2016

Disney reports rare earnings miss, shares sink

Shares of the world's best-known entertainment company fell more than 5 percent in extended trading.

May 11, 2016

Qatar Airways postpones world's longest non-stop flight due to 'A350 delay'

The 17.5 hour, 9,031-mile service on Boeing 777 jets to New Zealand had been due to start on Dec. 3 this year.

May 11, 2016

Government to sell 15% stake in MMTC and STC

The government has asked bankers to help sell 15 percent stake sale in the two companies.

May 10, 2016

7 bidders shortlisted for Tata Steel's UK business

Sajjan Jindal-owned JSW Steel and Liberty House are reportedly among the seven shortlisted bidders, Mint reported.

May 10, 2016

Germany's JAB to take Krispy Kreme private for $1.35 billion

JAB, making its second U.S. acquisition in just over two months has ambitions to build a global coffee powerhouse to rival market leader Nestle SA.

May 10, 2016

UAE-based Indian firms line up $3.6 billion for investment in Uttar Pradesh

In the forthcoming weeks, the UP government will declare the names of the five investors.

May 9, 2016

Zomato CEO Deepinder Goyal responds to HSBC slashing app's valuation

Besides Deepinder Goyal, Info Edge, the largest shareholder in food ordering app Zomato, also disagreed with HSBC's valuation.

May 9, 2016

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