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Media mogul Redstone says he 'no longer trusts' Viacom CEO

The comments from Redstone are the latest in a spat with Viacom which will likely affect the direction of the company after Redstone dies or becomes incapacitated.

Jun 16, 2016

LIC to invest in national infrastructure fund

The National Investment and Infrastructure Fund will be owned by the government and other partners in a 49:51 ratio.

Jun 15, 2016

State Bank of India to expand acceptance of American Express cards

The agreement covers both offline as well as online payment modes.

Jun 15, 2016

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EU Referendum: How would a Brexit affect UK foreign relations with Europe and beyond?

IBTimes UK asks how an exit from the European Union could affect the UK globally.

Jun 14, 2016

New civil aviation policy: Shares of SpiceJet, Jet, InterGlobe spurt after Govt relaxes 5/20 rule

The 5 in the 5/20 rule has been done away with, while regional airfares will now be capped at Rs. 2,500 for one-hour flights.

Jun 15, 2016

NSE national stock exchange ipo listing limit foreign investor investment public issue stocks shares rbl bank ipo

ChrysCapital, GIC together to acquire SBI's stake in NSE

The deal is said to be valued at Rs. 900 crore, Mint reported.

Jun 15, 2016

Ericsson planning to cut thousands of jobs: Report

The potential move is said to follow the company's missed expectations in profit and sales recently as markets slowed down in the developed and Latin American regions.

Jun 14, 2016

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Microsoft to buy LinkedIn for $26.2bn in cash

Microsoft is to buy LinkedIn for 26.2bn in cash, in a deal expected to close by the end of 2016.

Jun 14, 2016

Alibaba's Jack Ma says fake Chinese goods better than original products

Ma said fighting fake products on internet not easy as they offer better quality at a better price.

Jun 14, 2016

All DCB Bank ATMs to become Aadhaar-enabled in six months

DCB Bank's "cardless and pinless" facility was launched by ex-Infosys executive Nandan Nilekani.

Jun 14, 2016

Tata Power inks deal to buy Welspun Renewables for Rs. 9,249 crore

The acquisition will boost Tata Power's clean energy production to 2300 MW.

Jun 13, 2016

Dr. Reddy's Laboratories buys 8 drugs from Israel's Teva Pharma for $350 million

The acquisition of these generic drugs is subject to Teva Pharm's acquisition of US-based Allergan Plc.

Jun 13, 2016

AirAsia India announces promotional offer; tickets start at Rs. 899

The limited-period scheme offer is valid from June 13 to 19, AirAsia India said.

Jun 13, 2016

Tata Group to mentor 300 women staff for top leadership positions

The group aims to have more women at top leadership positions in line with the company's vision of gender-diversity.

Jun 12, 2016

India Post to roll out 650 payments bank branches next year

The branches will be launched with initial investments of Rs. 800 crore and a workforce of over 3.5 lakh people.

Jun 12, 2016

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