Companies

Bank of Baroda in talks to buy stake in Central Bank's housing finance subsidiary

Central Bank could raise as much as Rs 250 crore for its 64 percent stake sale in Central Bank Home Finance.

Dec 11, 2016

Germany's Delivery Hero to buy Foodpanda

With this acquisition, food takeaway company Delivery Hero would consolidate its position in the European food-delivery marketplace.

Dec 11, 2016

SBI Life sells 3.9% stake to Tamasek, KKR for Rs 1,800 cr

This transaction paves the way for the life insurer to go for public listing in the next financial year.

Dec 10, 2016

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Rupert Murdoch's Fox bids $14 billion for taking over UK's Sky

Murdoch's firm has offered to buy 61 percent stake in Sky, which has witnessed fall in its valuation due to a cheaper pound post Brexit vote.

Dec 10, 2016

JSPL sees average realisation improving in second half thanks to rising price of steel

Uptick in demand coupled with price improvement will help the company to record higher margins per tonne of steel.

Dec 9, 2016

Associate banks of SBI to unveil voluntary retirement schemes soon

To expedite the process of merger with SBI, the associate banks of the country's largest lender are likely to come out with VRS in the near future.

Dec 9, 2016

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Paytm CEO Vijay Shekhar Sharma sells 1% stake to raise Rs 325 crore

The money would be utilised to fund Paytm's upcoming payments bank.

Dec 9, 2016

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Stock exchanges seek secretarial audit of Tata Group firms

Both BSE and NSE have written to some Tata Group firms for this kind of audit to check regulatory compliance.

Dec 9, 2016

Nalco to post better business growth in second half on improved metal prices

The aluminium major also plans to utilise its internal reserve in funding the company's domestic expansion plans.

Dec 8, 2016

Shares of Divi's Labs fall on US drug regulator's observations

The company informed bourses that the US drug regulator has issued a form 483 with five observations after inspecting its Visakhapatnam unit.

Dec 8, 2016

Essel Infraprojects in talks to buy stake in IVRCL unit: Report

Lenders to the debt-laden infra firm are trying to sell company's assets in order to recover their pending dues.

Dec 8, 2016

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Tata Steel shares surge over 4% on UK investment plan

The company pledged to stay invested at Port Talbot Steelworks for the next 10 years with huge investment plan.

Dec 8, 2016

Drug that stops the spread of cancer has been developed

A study shows that tumour cells are dependent on fat to start metastasis: the process through which cancer spreads from one part of the body to another. It is one of the aspects of the disease that makes it so deadly – indeed, it is the reason behind 90% of human cancer deaths. The way in which cancer spreads is extremely complex.

Dec 7, 2016