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HDFC Bank India

HDFC Bank shares spurt on RBI lifting cap on foreign ownership

With the foreign ownership of HDFC Bank falling below the 74 percent limit, FPIs/FIIs can again buy shares of the bank. Feb 17, 2017
Samsung Group leader Jay Y. Lee arrives for bribery suspicion questioning

Samsung chief Jay Y. Lee arrested in South Korean corruption probe

Samsung chief Jay Y. Lee was taken into custody at the Seoul Detention Centre for his alleged role in one of South Korea's biggest corruption scandals. Feb 17, 2017
Tata Motors Microsoft

Tata Motors joins hands with Microsoft to focus on connected car tech

The first Tata Motors product with enhanced driving experiences assisted by Microsoft will be unveiled at the 87th Geneva International Motor Show on March 7. Feb 16, 2017
digital tools for writers, writers block

India a great destination for building digital economy infrastructure: Payoneer CEO Scott Galit

India is seen as one of the top markets for digital economy as it is ranked fourth in terms of active Internet-users across the world. Feb 15, 2017
intellect design arena, intellect design share price, intellect design arena news, rekha jhunjhunwala sells, rakesh jhunjhunwala intellect design arena, bse sensex, nse nifty

Rakesh, Rekha Jhunjhunwala sell 4.2 million shares of Intellect Design Arena

Intellect Design Arena shares close almost 10 percent lower on Wednesday in response to bulk sale by Rakesh Jhunjhunwala and his wife Rekha. Feb 15, 2017
zoom air, indian civil aviation market, dgca, zoom air destinations, zoom air management, zoom air ceo, zoo air fare

Zoom Air begins commercial operations

Promoted by Zexus Air Services, Zoom Air is the new kid on India's civil aviation block. Feb 15, 2017
Opel, Peugeot

Peugeot owner PSA to buy Opel, Vauxhall brands from General Motors

If the deal gets through, PSA will emerge as second largest European carmaker while GM will do away with its loss-making businesses. Feb 14, 2017
Reliance Jio

Has Reliance Jio 4G data offer been extended till December 31, 2017, or is it a hoax?

A message asking Reliance Jio users to upgrade 4G data and call services to continue the offer till 2017 end is doing the rounds. Feb 14, 2017
Rolls-Royce posts biggest loss after bribery charges and Brexit

Rolls-Royce posts biggest loss after bribery charges and Brexit

The engine-maker has been affected by the drop in the pound against the dollar since Brexit, and the £671m charges it has to pay after an investigation into corruption in the company. Feb 14, 2017
Toshiba

Toshiba shares plunge on Nikkei amid fears of huge loss, uncertain future; chairman quits

Toshiba surprises markets by postponing its quarterly results amid reports that it may issue a warning to shareholders that its future is in jeopardy. Feb 14, 2017
Mumbai airport

Navi Mumbai airport: GVK wins bid to build spanking Rs 16,000-crore Mumbai airport

GVK currently operates India's first brownfield and greenfield airports as Chhatrapati Shivaji airport in Mumbai and Kempegowda airport in Bengaluru. Feb 14, 2017
Europe travel

KKR buys tour operator Travelopia for $403 million

TUI Group will use the proceeds from the sale of Travelopia to further expand the growth segments of hotels and cruises. Feb 14, 2017
Heineken

Dutch brewer Heineken acquires Brasil Kirin Holding for $704 million

Heineken said it will become the second largest beer company in Brazil after acquiring Brasil Kirin, which has 9% market share in the country. Feb 13, 2017
US Navy

Reliance Defence inks pact to repair US Navy's Seventh Fleet warships

The deal with the US Navy is estimated to bring in high-potential business for Reliance Defence. Feb 13, 2017
India auto-rickshaw

As Ola, Uber drivers strike over withdrawal of incentives, Jugnoo rides into cab services

Jugnoo launched cab services in Gurugram and it will soon expand the services to other cities. Feb 13, 2017
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