Companies

Llyods Banking Group acquires Bank of America's credit card business for $2.35 billion

Llyods CEO Antonio Horta-Osorio said the MBNA brand and portfolio are a good fit with the group's existing card business.

Dec 20, 2016

Amazon India receives Rs 2,010 crore capital infusion from parent entity

This is the single largest fund infusion by Amazon in its Indian unit as the company tries to take the pole position in India's online market place.

Dec 20, 2016

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Cyrus Mistry quits all Tata Group companies ahead of Tata Steel, IHCL EGMs

On Monday, the former chairman of Tata Sons — Cyrus Mistry — announced his decision to resign from all Tata Group positions.

Dec 19, 2016

iran air airbus deal aircraft sanctions us

Iran finalises deal to buy 100 aircraft from Airbus for $10 billion

The deal to buy aircraft comes after months of negotiations between Airbus and Iranian government officials.

Dec 19, 2016

Vijay Mallya's Kingfisher House auction fails for the third time

The consortium of banks found no takers since no buyer came forward to bid for the property.

Dec 19, 2016

SAIL expects higher sales on rising output, plans to double exports in 2017

The steel major has almost completed capacity expansions and expects a quantum jump in production as well as in sales going ahead.

Dec 19, 2016

Laurus Labs IPO: Shares list at 14.5% premium over issue price on NSE

The Hyderabad-based pharma company's Rs 1,332 crore IPO was oversubscribed 4.54 times with sound retail participation.

Dec 19, 2016

SpaceX seeks to launch over 4000 satellites

Is SpaceX CEO Elon Musk serious about starting a new company to reduce traffic by digging tunnels?

The Tesla Motors CEO, frustrated by sitting in traffic, said he is ACTUALLY going to form A Boring Company to dig tunnels and reduce traffic.

Dec 18, 2016

British Airways strike: Cabin crew to strike on Christmas and Boxing Day over low pay

The Unite union has said that thousands of British Airways cabin crew members will go on strike because of "poverty pay and broken promises."

Dec 17, 2016

Canara Bank to finalise consultants for stake sale in Can Fin Homes, Canbank Factors

State-run lender Canara Bank holds 13.45 percent stake in Can Fih Homes, a listed home loan company.

Dec 17, 2016

Zee Learn scraps proposed merger deal with Tree House

The pre-school chain Tree House has abruptly closed down hundreds of play group centres leaving parents and students in lurch.

Dec 17, 2016

Nusli Wadia's Bombay Dyeing poised for a better future: Dynamic Levels

Textile manufacturer Bombay Dyeing is controlled by Nusli Wadia, who is in the eye of a storm for his battle with Ratan Tata.

Dec 17, 2016

Indian IPO market gives blockbuster performance in 2016

Twenty-six companies have raised over Rs 26,000 crore so far this year on the back of bullish market sentiments.

Dec 17, 2016

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IHCL, Tata Steel prepare for EGMs to remove Cyrus Mistry, Nusli Wadia; how to do e-voting

IHCL and Tata Steel hold EGMs at the behest of Tata Sons to seek shareholders' approval to oust Cyrus Mistry, Nusli Wadia.

Dec 16, 2016

PayPal and Paytm go to war in battle of the logos

The complaint by PayPal says that Paytm "slavishly adopted the two-tone blue colour scheme" of the trademarked PayPal logo.

Dec 16, 2016

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Companies

Llyods Banking Group acquires Bank of America's credit card business for $2.35 billion

Amazon India receives Rs 2,010 crore capital infusion from parent entity

Cyrus Mistry quits all Tata Group companies ahead of Tata Steel, IHCL EGMs

Iran finalises deal to buy 100 aircraft from Airbus for $10 billion

Vijay Mallya's Kingfisher House auction fails for the third time

SAIL expects higher sales on rising output, plans to double exports in 2017

Laurus Labs IPO: Shares list at 14.5% premium over issue price on NSE

Is SpaceX CEO Elon Musk serious about starting a new company to reduce traffic by digging tunnels?

British Airways strike: Cabin crew to strike on Christmas and Boxing Day over low pay

Canara Bank to finalise consultants for stake sale in Can Fin Homes, Canbank Factors

Zee Learn scraps proposed merger deal with Tree House

Nusli Wadia's Bombay Dyeing poised for a better future: Dynamic Levels

Indian IPO market gives blockbuster performance in 2016

IHCL, Tata Steel prepare for EGMs to remove Cyrus Mistry, Nusli Wadia; how to do e-voting

PayPal and Paytm go to war in battle of the logos

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]