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Hero Motocorp motorcycles two wheelers motorbikes sales production factory Neemrana automobiles auto market india agreement with honda munjal punjab gurgaon

Hero Motocorp reappoints Pawan Munjal as CMD for five years

Pawan Munjal's current term ends on Sept. 30, 2016; it has been extended by five years by Hero Motocorp. Aug 9, 2016
Spicejet quarterly results

SpiceJet launches Independence Day sale; offers discounted airfares at Rs. 299

The three-day-sale is valid from Tuesday until Friday (Aug. 11). Aug 9, 2016
Indian rupee investments

IDFC Bank launches its first branch in Northeast region

The bank also set up an ATM facilities in rural locations of Meghalaya. Aug 9, 2016

Idea Cellular Q1 net profits decline by 74.5 percent; revenues up 79 percent

Idea Cellular posted a 74.5 percent decline in net profit due to spectrum spending for the April-June 2016 quarter. Aug 8, 2016
Airbus group

Airbus under scanner in UK over charges of 'fraud, bribery and corruption'

France-based aerospace company Airbus said it was cooperating with the on-going probe by the U.K. Aug 8, 2016
Phone Bills To Go Up By 10-15 Percent In Coming Months; Carriers Owe Government Crores In Spectrum Purchase

Naspers-backed Pay U to acquire fintech firm Citrus Pay in all-cash deal

The Nasper-Citrus deal is expected to close by the end of August or September this year. Aug 8, 2016
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Wipro, Infosys to witness rising operating costs as SEZ tax exemption nears expiry

The SEZ contract of Infosys, Wipro and HCL Technologies will expire during the next five years in Karnataka. Aug 8, 2016
Sony Pictures studios

Sony Pictures all set to buy Zee's Ten Sports: Report

The value of the deal is estimated to be around Rs. 2,000 crore. Aug 8, 2016
spicejet aviation civil passenger volume dgca traffic india growing budget low cost carrier airline data merchanise share price loss net profit results q1

Delhi High Court to hear SpiceJet dispute with KAL and Kalanithi Maran over share warrants today

The dispute between SpiceJet and its former owners — KAL Airways and Kalanithi Maran — pertains to non-issuance of share warrants. Aug 8, 2016
Essar Oil Vadinar refinery

Essar Oil plans to invest Rs. 1,200 crore to upgrade refinery, boost margin

The company invested Rs. 400 crore during a 28-day shutdown of its Vadinar oil refinery in Gujarat last year. Aug 8, 2016
Narendra Modi Modi government modi completes two years in office

PM launches 4,000 MW super thermal power project in Telengana

The initial investment of the project is valued at Rs.10,600 crore. Aug 7, 2016
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Income Tax department raids offices of Muthoot Capital Services

The searches were carried out for alleged tax evasion. Aug 7, 2016
gst bill cinema entertainment tax service tax rates multiplex screens bollywood hit regional box office collections

PVR, Inox Leisure shares flare up on hopes of GST to be lower than entertainment tax

A GST rate of about 18 percent is expected to improve profit margins of PVR, Inox Leisure, say analysts. Aug 6, 2016
Mukesh Ambani

Reliance Jio sets up 5 lakh 4G outlets; rivals Airtel, Vodafone, Idea woo customers with new offers

Telecom companies Airtel, Vodafone and Idea Cellular feel the heat as Reliance gears up for 4G launch. Aug 6, 2016
lockheed martin

Lockheed Martin will shift F-16 fighter jet manufacturing unit to India if it gets assured orders

The challenge before Lockheed is to use its competitive production advantage into winning this deal, says an aerospace expert. Aug 5, 2016
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Rescue operations by the central and state agencies were underway on Thursday after a massive landslide triggered by incessant rains during the past few days in Manipur's Noney district buried dozens of people alive, officials said.
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  • Rescue operations by the central and state agencies were underway on Thursday after a massive landslide triggered by incessant rains during the past few days in Manipur's Noney district buried dozens of people alive, officials said.

    Dozens buried alive in massive Manipur landslide; rescue underway [details]

  • Maha crisis: Rebel Sena Minister claims 34 MLAs with Eknath Shinde

    Who is Eknath Shinde; Shiv Sena leader to be next Maha CM [details]

  • 210 orderlies repatriated in TN after Madras HC order

    Over 200 orderlies repatriated in TN; Madras HC lashes out at senior officers [details]

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