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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

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
Tata Motors vehicles car

Tata Motors board: Nusli Wadia voted out as director

The decision was put to vote and 71.20 percent of the Tata Motors shareholders voted in favour of Wadia's exit as director. Dec 23, 2016
sun pharma, novartis, cancer drug,

Cancer treatment: Sun Pharma to acquire Novartis' cancer drug Odomzo for $175 million

Odomzo, approved by the US FDA in July 2015, has marketing approval in over 30 countries. Dec 22, 2016
canara bank stake sale can fin homes share price digital banking

Snapdeal will now deliver Rs 2,000 notes to your doorstep through Cash@Home

Snapdeal has launched Cash@Home in Gurgaon and Bengaluru, where users can pay for their cash using ATM cards. Dec 22, 2016
gaming, las vegas, macau, casinos, china, China UnionPay bank macau

Gaming Outlook 2017: Positive on Las Vegas, cautious on Macau, says Nomura

Prominent players in the two places are MGM, Las Vegas Sands, Wynn Resorts and Melco Crown Entertainment. Dec 22, 2016
Tata Steel, Nusli Wadia, Tata Sons

Tata Steel board removes Nusli Wadia as independent director

Almost 90 percent of shareholders have voted in favour of Wadia's ouster. Dec 22, 2016
dlf, kochi, apartments, kerala high court, fine, violation, costal zone

DLF survives demolition of Chilavanoor apartments; Kerala High Court imposes fine of Rs 1 crore

Real estate developer DLF was accused of violating CRZ norms and the case was being heard in Kerala High Court. Dec 21, 2016
Reliance Communications, anil ambani

RCom shares rise 6% on deal with Brookfield Infrastructure

RCom will receive an upfront payment of Rs 11,000 crore once the transaction is completed. Dec 21, 2016
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