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Bidders line up for McDonald's Hong Kong, China sale

Sources familiar with the sale told Reuters that the deal is worth $3 billion.

Jun 22, 2016

itc, itc q3 results, itc share price, shares at 52-week high, buzzing stocks, pre budget rally, budget 2017

India cigarette maker ITC's CEO Deveshwar to step down next year

ITC's board had "strongly urged" Deveshwar to continue as CEO, but he wanted the company to have a younger leader.

Jun 22, 2016

Vijay Mallya resigns as chairman of Bayer CropScience

Over the last four months, Mallya resigned from the boards of Sanofi India, United Spirits and was expelled from India's Rajya Sabha.

Jun 21, 2016

SoftBank's Nikesh Arora resigns a day after clean chit over conflict of interest charges

An in-house probe cleared Arora after a group of investor alleged his investments and him being an adviser at a private equity firm were at conflict.

Jun 21, 2016

Tata Communications looking to sell Indicash ATM business

The company is apparently targeting a valuation of approximately Rs. 1,000-1,350 crore from the sale.

Jun 21, 2016

Yes Bank plans raising $1 billion through QIP

The lender bank has hired Goldman Sachs to raise the amount.

Jun 21, 2016

Wal-Mart to sell China online unit to JD.com for a 5% stake

Under the deal, JD.com will issue about 145 million new class A shares to Wal-Mart, worth about $1.5 billion at JD.com's current valuation.

Jun 21, 2016

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Preventive drug against breast cancer is holy grail for women with BRCA1 gene

An existing drug may target precancerous cells in breast tissues, helping women at high risk of cancer.

Jun 20, 2016

AgustaWestland chopper scam: ED raids involved firms, freezes assets worth Rs. 86 crore

The raids in New Delhi, Mumbai and Hyderabad were part of the agency's probe into Rs. 3,600 crore AgustaWestland VVIP chopper deal.

Jun 20, 2016

Eros International to launch remakes of 'Hero No. 1,' 'Biwi No. 1'

Eros International and Vashu Bhagnani's Puja Entertainment & Films signed a deal to launch remakes of Salman Khan, Govinda films.

Jun 20, 2016

Amazon ties up with Vodafone to boost its online market

Amazon's partnership with Vodafone and its Udaan project for smaller towns is aimed at people who are not yet shopping online.

Jun 20, 2016

Essar Oil plans to have 4,300 petrol pumps across India by December 2017

Essar Oil plans to have an initial investment of Rs. 2,500 crore by the pump owners.

Jun 20, 2016

State Bank of India among firms that invested in cluster bomb-making companies: Report

Cluster bombs are banned under the Convention on Cluster Munitions signed in 2008 by more than 100 countries.

Jun 19, 2016

SpiceJet to offer 'taxi pick-up' option when booking flight tickets

The airline said the initiative would help in raking in more revenues with more number of travellers.

Jun 19, 2016

Iran inks deal to buy 100 Boeing aircraft for $17 billion

However, there was no definitive timeline for the contract because the deal still required U.S. treasury's permission.

Jun 19, 2016

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