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Biocon

Biocon rules out any major financial impact due to fire at Syngene's Bengaluru facility

A spokesperson said Biocon's research arm Syngene is currently assessing the impact of the fire at its Bengaluru facility in operational terms. Dec 13, 2016
How can dog licks kill you?

How can dog licks kill you?

The spread of capnocytophaga canimorsus could lead to severe health problems and even death. Dec 12, 2016
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Axis Bank dismisses report of facing cancellation of banking license

A Hindi newspaper had reported that Axis Bank's license could be cancelled in the wake of frauds unearthed after demonetisation. Dec 12, 2016
Cyrus Mistry- Tata Group war

Tata Industries removes Cyrus Mistry as director

Six Tata Group companies will hold extraordinary general meetings (EGMs) in the near future to oust Mistry from their respective boards. Dec 12, 2016
Natural gas processing unit

Qatar to merge Qatargas and RasGas to create a bigger entity

The move is seen as the Gulf country's efforts to adapt to a low energy pricing environment. Dec 12, 2016
Bank of Baroda

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
Foodpanda

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
Insurance

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
Jindal Steel and Power (JSPL)

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
State Bank of India SBI headquarters

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
Aluminium

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
Pharma pic

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
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