Companies

Nalco to post better business growth in second half on improved metal prices

The aluminium major also plans to utilise its internal reserve in funding the company's domestic expansion plans.

Dec 8, 2016

Shares of Divi's Labs fall on US drug regulator's observations

The company informed bourses that the US drug regulator has issued a form 483 with five observations after inspecting its Visakhapatnam unit.

Dec 8, 2016

Essel Infraprojects in talks to buy stake in IVRCL unit: Report

Lenders to the debt-laden infra firm are trying to sell company's assets in order to recover their pending dues.

Dec 8, 2016

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Tata Steel shares surge over 4% on UK investment plan

The company pledged to stay invested at Port Talbot Steelworks for the next 10 years with huge investment plan.

Dec 8, 2016

Drug that stops the spread of cancer has been developed

A study shows that tumour cells are dependent on fat to start metastasis: the process through which cancer spreads from one part of the body to another. It is one of the aspects of the disease that makes it so deadly – indeed, it is the reason behind 90% of human cancer deaths. The way in which cancer spreads is extremely complex.

Dec 7, 2016

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Bharat Electronics, ECIL bag order to supply EVMs

Of the two companies, Bharat Electronics Ltd. (BEL) is a defence PSU listed on stock exchanges.

Dec 7, 2016

ToneTag allows cashless payments through feature phones

ToneTag provides accessible solutions to demonetisation issue by allowing its users to make payments via feature phones.

Dec 7, 2016

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NTPC strikes black gold in Jharkhand

In a statement on Wednesday, state-run power producer NTPC says coal production will shortly commence from the Jharkhand mines.

Dec 7, 2016

What Christmas dinner looks like around the world

Many countries throughout the world celebrate Christmas, but the food each one eats at Christmas dinner ranges from turkey to roasted reindeer.

Dec 7, 2016

Sun Pharma shares slide over USFDA observations on Halol unit

An observation letter is usually issued to a drug manufacturing unit in case of violations of existing US norms.

Dec 7, 2016

Samsung wins US Supreme Court fight with Apple in $399 million patent appeal

The US Supreme Court has sided with Samsung saying the company does not have to pay its entire profit from sales of the disputed products.

Dec 7, 2016

Microsoft's $26.2 billion acquisition of LinkedIn cleared by EU commission

Microsoft announced in June this year that it would buy LinkedIn Corp in an all-cash transaction for $26.2 billion

Dec 6, 2016

Biocon to maintain margin despite fall in India sales: Kiran Mazumdar Shaw

Despite a dip in domestic sales after demonetisation, Biocon's export realisations have improved on a depreciating rupee.

Dec 6, 2016

Essar Power approaches banks for debt recast for Mahan project: Report

The private power producer is said to have asked banks to dilute its stake in the Mahan project as part of the Rs 6,564 crore debt restructuring proposal.

Dec 6, 2016

Top Indian politician Jayalalithaa Jayaram, Chief Minister of Tamil Nadu, dies aged 68

The Chief Minister of the southern Indian state of Tamil Nadu, Jayalalithaa Jayaram, has died at the age of 68. Also known as Amma (mother), she suffered a cardiac arrest on 4 December. She had been ailing in hospital since September. Jayalalithaa was a controversial figure with a string of corruption scandals throughout her political career. She served as Tamil Nadu Chief Minister three times.

Dec 6, 2016