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BHEL wins order worth Rs. 282 crore to build 50 MW power plant in Madhya Pradesh

The order awarded by NTPC is to build the solar power plant on engineering, procurement and construction basis.

Apr 14, 2016

GAIL's $7B tender to ferry LNG from US gets 2 Japanese bidders

GAIL reportedly seeks nine LNG cargo ships for transporting LNG from the U.S. to India.

Apr 14, 2016

Lafarge India sale hits roadblock

The Competition Appellate Tribunal stayed the sale of 11 million tonnes of cement capacity by the company after an appeal by Dalmia Cement (Bharat) Ltd.

Apr 14, 2016

Banks challenge UBHL's claims for losses, call it a delay tactic by Mallya

United Breweries claimed Rs.594 crore as presumptive loss resulting from bankers selling its pledged shares for low value.

Apr 14, 2016

McDonald's targeting buyout firms as it seeks to sell North Asia stores

It is adopting a new business model in Asia, by planning to bring in partners to own the restaurants within a franchise operation.

Apr 14, 2016

Verizon bets on Armstrong, M&A savvy in Yahoo bid

That faith derives in part from the belief that Armstrong did a good job at left-for-dead AOL.

Apr 14, 2016

Mark Zuckerberg touts Messenger chatbots and opens up Facebook Live

Facebook said on 12 April it will allow developers to build chatbots inside its Messenger app to enable users to communicate with businesses directly in its latest effort to dominate enterprise transactions and customer service. The chatbots expedite Facebooks moves to build out Messenger as the go-to place for users to contact businesses rather than through third-party websites.

Apr 13, 2016

ONGC to get some drilling assets from Reliance Industries, BG Group

Reliance Industries, BG Group and ONGC signed an agreement on this Tuesday night in New Delhi, the Economic Times reports.

Apr 13, 2016

ED wants Vijay Mallya's passport annulled

Vijay Mallya did not turn up even after being summoned by the ED three times in the recent past.

Apr 13, 2016

JSW Cement, Blackstone, others bidding for LafargeHolcim's India assets

Lafarge is looking to divest its interest in India assets having capacity worth 11 million tonne per annum.

Apr 13, 2016

Alibaba buys control of Lazada in $1 billion bet on SE Asia e-commerce

The Chinese e-commerce giant seeks fertile new turf while growth slows in China.

Apr 13, 2016

TTK Prestige spurts on acquisition of British firm Horwood Homewares

The company said the acquisition of table and cookware supplier Horwood Homewares will give it access to high-value European markets.

Apr 12, 2016

Rakuten eyes India's e-commerce market: Report

The Japenese internet services giant has opened a business office in Bengaluru and has reportedly approached execs from Amazon and Flipkart.

Apr 12, 2016

Sony Pictures in talks to buy 9X: Report

9X Media, which operates a clutch of music channels, will be sold to Sony pictures for a reported sum of Rs. 220 crore.

Apr 12, 2016

RBS to close down India banking operations: Report

Regulatory issues and RBS' own plans to sell or shut two-thirds of its operations globally will see its India business closed.

Apr 12, 2016

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