Companies

NSE IPO, national stock exchange ipo, NSE Mumbai, stock market india

NSE IPO: Exchange files papers to raise Rs 10,000 crore in mega public offering

Existing shareholders may offload as much as 20-25 percent shares in the IPO that could value NSE at worth Rs 50,000 crore-Rs 55,000 crore.

Dec 28, 2016

india, cement sector, cement update, modi, demonetisation, economy, gdp india

India business: Cement sector to face multiple headwinds in FY2018, says Nirmal Bang

Demonetisation, RERA, GST and rising crude oil prices are likely to hit cement companies by impacting pricing pressure and demand.

Dec 28, 2016

kotak mahindra bank kotak mf uday kotak schemes debt equity investors lti facility branch atm

Kotak Mahindra Bank manager arrested by ED in money laundering case

Kotak Mahindra Bank has suspended the services of Ashish Kumar, who was posted as a branch manager in New Delhi.

Dec 28, 2016

india, pharma companies, sun, divi, cipla, cadilla, us fda, warning to indian companies, share price

Indian pharma companies improved credibility in 2016: Nomura

Import and warning letters issued by the US FDA dropped in 2016 when compared to 2015; Sun Pharma, Cadila, Aurobindo, Divi, Lupin, Cipla, Alkem are top Indian drugmakers.

Dec 28, 2016

tata sons mistry ratan cyrus tata hr group row turmoil tata sons holding company ouster removal tata group problems allegations

Tata Sons issues legal notice to Cyrus Mistry for leaking 'confidential' documents

The legal notice by holding company Tata Sons is the latest in the bitter corporate battle between the Tata Group and Cyrus Mistry.

Dec 27, 2016

sundar pichai google ceo, startup india, digital india

Google CEO Sundar Pichai to announce new initiatives for small Indian businesses

Pichai is currently in India and travelling with his family.

Dec 27, 2016

Korean Air crew allowed to use stun guns to manage violent passengers

The airline plans to recruit more male crew and intends to ban passengers with a history of unruly behavior.

Dec 27, 2016

ban on currency rs 500 1,000 1000 note modi rbi demonetization impact on gdp q3 growth rate real estate gold construction india ratings

Realty stocks slide over possible crackdown on illegal properties

Prestige, Unitech, Indiabulls Real Estate, DLF, Oberoi Realty were trading with losses though Sensex was up 100 points.

Dec 27, 2016

L&T Construction bags orders worth Rs 3,039 crore

The major work includes construction of a navigational lock structure, comprising about 250 metres long and 18 metres deep retaining walls.

Dec 26, 2016

airasia india cyrus mistry fraud tony chandilya mittu ceo fraud tata group ratan tata controversy rs 22 crore civil aviation business stake malaysia delhi high court low cost

AirAsia India finance head questioned by ED in forex violation case

AirAsia India has come under a cloud after Tata Sons ex-chairman Cyrus Mistry raised issues of questionable practices at the airline.

Dec 26, 2016

Saudi Arabia, Aramco, Saudi Aramco, Saudi Arabia oil and gas

Aramco stake sale: Saudi newspaper retracts its report

Saudi Arabian newspaper al-Eqtisadiah reported on Sunday that Aramco was planning to sell 49 percent of its shares over the next decade.

Dec 26, 2016

amazon india, online marketplace, ecommerce, snapdeal, flipkart, amazon india loss

Jeff Bezos' Amazon widens India losses 10-fold in 2 years

Amazon India directly competes with Snapdeal, Flipkart in India's thriving e-commerce market, but is also incurring losses.

Dec 26, 2016

Deutsche Bank, DoJ, investors, Deutsche Bank Share price

Deutsche Bank, Credit Suisse settle multi-billion dollar lawsuits over US mortgage probe

While Deutsche Bank will pay $7.2 billion, Credit Suisse has agreed to pay $5.28 billion for wrongly selling subprime loans and manipulating foreign exchange rates.

Dec 23, 2016

spicejet, AGM, share price, ajay singh, plf, market share, dgca

SpiceJet AGM to decide on Ajay Singh's salary, perks

Ajay Singh's extended tenure will be from April 2016-May 2018; he took over low-cost carrier SpiceJet from Kalanithi Maran in January 2015.

Dec 23, 2016

wipro, us sec, wipro settles case with us sec, share price, wipro q3

Wipro settles 6-year old US SEC probe with $5 million fine

The civil money penalty will be paid by Wipro to close an investigation launched by the US SEC in an embezzlement case.

Dec 23, 2016

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Companies

NSE IPO: Exchange files papers to raise Rs 10,000 crore in mega public offering

India business: Cement sector to face multiple headwinds in FY2018, says Nirmal Bang

Kotak Mahindra Bank manager arrested by ED in money laundering case

Indian pharma companies improved credibility in 2016: Nomura

Tata Sons issues legal notice to Cyrus Mistry for leaking 'confidential' documents

Google CEO Sundar Pichai to announce new initiatives for small Indian businesses

Korean Air crew allowed to use stun guns to manage violent passengers

Realty stocks slide over possible crackdown on illegal properties

L&T Construction bags orders worth Rs 3,039 crore

AirAsia India finance head questioned by ED in forex violation case

Aramco stake sale: Saudi newspaper retracts its report

Jeff Bezos' Amazon widens India losses 10-fold in 2 years

Deutsche Bank, Credit Suisse settle multi-billion dollar lawsuits over US mortgage probe

SpiceJet AGM to decide on Ajay Singh's salary, perks

Wipro settles 6-year old US SEC probe with $5 million fine

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]