Companies

Deutsche Bank to pay $425 million penalty over Russia money laundering 'mirror trades'

The violations of anti-money laundering laws involved Deutsche Bank's branches in Moscow, London and New York.

Jan 31, 2017

Piramal Enterprises acquires spasticity, pain management drugs from UK-based Mallinckrodt for $171 million

The portfolio acquired includes Gablofen, a severe spasticity management product, and two pain management products under development.

Jan 30, 2017

Vodafone, Idea merger: New entity to change the pecking order of Indian telecom

If the merger happens, the combined Vodafone-Idea entity would have 43% revenue share in the market by FY2018-19 against 33% of Bharti Airtel and 13% of Reliance Jio.

Jan 30, 2017

Mumbai-based MyDidi buys on-demand home cleaning services platform TimeMyTask

The acquisition gives MyDidi access to B2B operations in New Delhi, Bengaluru and Pune in additional to its own B2C business in Mumbai.

Jan 30, 2017

Suzuki Gujarat plant construction completed; production to start from February 1: Report

Baleno hatchback will be the first car to be rolled out from the Suzuki Gujarat plant.

Jan 30, 2017

Mastercard eyes Indian e-commerce space, plans more tie-ups to expand footprint

Mastercard will bring innovative digital payment methods and partner with small businesses and outbound travelers.

Jan 30, 2017

Budget to chart stock market's direction in action-packed week ahead

Amid consensus of a populist Budget, markets do expect the finance minister to walk the self-committed fiscal consolidation path for FY2017-18.

Jan 29, 2017

Volkswagen's Audi brand recalls nearly 600,000 SUVs in US over fire risks, airbag defects

Audi's expected recall in February includes 2013-2017 model year A5, A5 Cabriolet and Q5 SUVs with 2.0-liter turbocharged engines.

Jan 29, 2017

India Post Payments Bank gets RBI licence to commercially start services

So far, only Paytm and Airtel have launched their payments bank commercial operations across India.

Jan 29, 2017

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Vijay Mallya blames everybody except himself for Kingfisher Airlines disaster

In a series of tweets, beleaguered businessman Vijay Mallya lists a series of problems for the mess that Kingfisher Airlines is in.

Jan 28, 2017

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GAIL (India) recommends 1:3 bonus issue, 85% interim dividend; joins ONGC, IOC, HPCL, BPCL

State-run energy company GAIL (India) also plans to raise funds for its capex, in addition to declaring bonus shares and interim dividend.

Jan 28, 2017

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India's biggest cigarette company ITC plans healthcare foray

Cigarette sales form a major portion of total income for ITC; India has about 275 million smokers.

Jan 28, 2017

Maruti Suzuki hikes car prices by up to Rs 8,000 with immediate effect

Commodity, transportation and administrative costs are the reasons for the hike in price.

Jan 27, 2017

Aditya Birla Group to invest Rs 7,000 crore in Andhra Pradesh to expand business

Currently, Aditya Birla Group has investments worth Rs 10,000 crore in Andhra Pradesh in sectors like telecom, retail and cement.

Jan 27, 2017

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SpiceJet gains 6.5%; Jet Airways, IndiGo-owner Interglobe Aviation languish

Shares of budget carrier SpiceJet rose 6.5 percent on the BSE, though Jet Airways and IndiGo-parent Interglobe Aviation were subdued.

Jan 27, 2017

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Companies

Deutsche Bank to pay $425 million penalty over Russia money laundering 'mirror trades'

Piramal Enterprises acquires spasticity, pain management drugs from UK-based Mallinckrodt for $171 million

Vodafone, Idea merger: New entity to change the pecking order of Indian telecom

Mumbai-based MyDidi buys on-demand home cleaning services platform TimeMyTask

Suzuki Gujarat plant construction completed; production to start from February 1: Report

Mastercard eyes Indian e-commerce space, plans more tie-ups to expand footprint

Budget to chart stock market's direction in action-packed week ahead

Volkswagen's Audi brand recalls nearly 600,000 SUVs in US over fire risks, airbag defects

India Post Payments Bank gets RBI licence to commercially start services

Vijay Mallya blames everybody except himself for Kingfisher Airlines disaster

GAIL (India) recommends 1:3 bonus issue, 85% interim dividend; joins ONGC, IOC, HPCL, BPCL

India's biggest cigarette company ITC plans healthcare foray

Maruti Suzuki hikes car prices by up to Rs 8,000 with immediate effect

Aditya Birla Group to invest Rs 7,000 crore in Andhra Pradesh to expand business

SpiceJet gains 6.5%; Jet Airways, IndiGo-owner Interglobe Aviation languish

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]