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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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McDonald investor KBC NV trims, Glassman Wealth Services increases stake in the fast food chain

KBC Group sells 64,801 shares, or 36 percent of McDonald (MCD), while Glassman Wealth Services ups stake.

Dec 21, 2016

McDonald's value meal lawsuit: Class action suit claims value meals are too expensive

James Gertie of Des Plaines filed a consumer fraud class action lawsuit against a McDonald's franchisee in Chicago.

Dec 21, 2016

Will Cyrus Mistry moving National Company Law Tribunal against Tata Sons get him what he wants?

The NCLT will hold the first hearing of the case filed by Cyrus Mistry — on "oppression and mismanagement of Tata Sons" — on December 22.

Dec 20, 2016

Llyods Banking Group acquires Bank of America's credit card business for $2.35 billion

Llyods CEO Antonio Horta-Osorio said the MBNA brand and portfolio are a good fit with the group's existing card business.

Dec 20, 2016

Amazon India receives Rs 2,010 crore capital infusion from parent entity

This is the single largest fund infusion by Amazon in its Indian unit as the company tries to take the pole position in India's online market place.

Dec 20, 2016

cyrus mistry ratan tata group companies tata steel ihcl quits resigns removal tata sons tcs

Cyrus Mistry quits all Tata Group companies ahead of Tata Steel, IHCL EGMs

On Monday, the former chairman of Tata Sons — Cyrus Mistry — announced his decision to resign from all Tata Group positions.

Dec 19, 2016

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Iran finalises deal to buy 100 aircraft from Airbus for $10 billion

The deal to buy aircraft comes after months of negotiations between Airbus and Iranian government officials.

Dec 19, 2016

Vijay Mallya's Kingfisher House auction fails for the third time

The consortium of banks found no takers since no buyer came forward to bid for the property.

Dec 19, 2016

SAIL expects higher sales on rising output, plans to double exports in 2017

The steel major has almost completed capacity expansions and expects a quantum jump in production as well as in sales going ahead.

Dec 19, 2016

Laurus Labs IPO: Shares list at 14.5% premium over issue price on NSE

The Hyderabad-based pharma company's Rs 1,332 crore IPO was oversubscribed 4.54 times with sound retail participation.

Dec 19, 2016

SpaceX seeks to launch over 4000 satellites

Is SpaceX CEO Elon Musk serious about starting a new company to reduce traffic by digging tunnels?

The Tesla Motors CEO, frustrated by sitting in traffic, said he is ACTUALLY going to form A Boring Company to dig tunnels and reduce traffic.

Dec 18, 2016

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