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Edelweiss gets nod from IRDA to set up insurance company in India

Edelweiss General Insurance will be a wholly owned subsidiary of Edelweiss Financial Services Ltd.

Jul 11, 2016

Nirma to buy Lafarge India's cement plants from LafargeHolcim for $1.4 billion

Lafarge India's assets comprise three cement plants and two grinding stations with a total capacity of 11 million tonnes per annum.

Jul 11, 2016

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AirAsia announces 20% discount on fares; offer to cover 120 destinations in 24 countries

The AirAsia and AirAsia X offer is valid for travel from July 18 to November 24, 2016.

Jul 11, 2016

AirAsia plans JV in China, listing on Hong Kong Stock Exchange

AirAsia wants to expand its fleet to meet growing demand in North Asia, Reuters reported.

Jul 11, 2016

Fresh troubles emerge for Vijay Mallya

United Spirits Ltd said inquiry against Mallya reveals fund diversion to the tune of Rs. 1,225 crore.

Jul 10, 2016

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Jet Airways to deploy Boeing 777 on Dubai, Singapore, Amsterdam routes to enhance international business

International operations reportedly account for more than half of the airline's revenues, Business Standard reported.

Jul 10, 2016

Mallya appears at Formula 1 event, says he feels 'good and fit'

Vijay Mallya said Force India was aiming for the number fourth spot this season.

Jul 9, 2016

Goldman Sachs hires former EU chief Barroso

Barroso served as president of the commission, the EU's executive arm, from 2004 to 2014 and was prime minister of Portugal from 2002 to 2004.

Jul 9, 2016

Colors to launch another Kannada entertainment channel 'Colors Super'

Karnataka is emerging as an important market for entertainment channels such as Colors, as well as advertisers.

Jul 8, 2016

Jayant Sinha hopes to 'take off' at civil aviation ministry

India is the fastest-growing civil aviation market and Jayant Sinha moved to the ministry as part of the recent Cabinet reshuffle.

Jul 9, 2016

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'Sultan' expected to boost earnings for Yash Raj Films in box office collection

Salman Khan, Anushka Sharma starrer "Sultan" is likely to cross Rs. 100 crore in box office collection in three days.

Jul 8, 2016

Tata Steel may pause its UK business sale over Brexit concerns

Tata Steel will hold a board meeting on Friday to decide the future course of action for the sale process.

Jul 8, 2016

Lionel Messi proving to be a costly bet for Tata Motors

The company for the first time in its decades-long history had put up a celebrity as its brand ambassador

Jul 7, 2016

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Lupin shares gain on US food and drug regulator closing Goa plant inspection

The US FDA issued a letter stating the inspection of Lupin's Goa plant that commenced in July 2015 has been closed.

Jul 7, 2016

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Infosys Q1 FY2017: Revenues seen rising 12% in June quarter

Infosys June quarter results (revenues and profit) will be keenly watched by investors and analysts in the context of Brexit.

Jul 6, 2016

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