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GMR Group in talks to sell energy assets in Chhattisgarh

Sembcorp Industries and Lone star Funds are reportedly vying for GMR Chhattisgarh Energy valued at about Rs 12,500 crore. Oct 19, 2016
BCCI

IPL media rights: Full list of companies who have purchased BCCI's tender document

New broadcasters and digital companies will join the IPL from the 2018 edition. Oct 19, 2016
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PepsiCo CEO Indra Nooyi holds forth on sales, returns, environment, water efficiency

Nooyi says Pepsi is reducing salt and sugar in products and focusing on initiatives to improve livelihoods of communities globally. Oct 19, 2016
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IFC, Asian Development Bank, others in race to acquire govt's stake in IDBI Bank

The Central government has finalised its equity dilution, but is awaiting an approval from the finance ministry. Oct 19, 2016
bse sensex, nse nifty, india, stock markets, wipro, maruti suzuki, niti aayog, modi

Endurance Technologies, unlike ICICI Prudential, does not disappoint investors on listing

While ICICI Prudential Life Insurance listed at a discount, Endurance Technologies debuts with 22 percent premium to issue price. Oct 19, 2016
MakeMyTrip

MakeMyTrip to buy Ibibo Group's India travel business in all-stock deal

The transaction is estimated to be completed by end of December 2016. Oct 19, 2016
airasia awards bags world travel awards low cost air carriers dgca airasia india tony fernandes malaysia

Singapore's Changi Airport, Hainan Airlines, AirAsia bag awards at World Travel Awards Asia and Australasia

The awards won by AirAsia are in the Leading Low-Cost Airline and Asia's Leading Inflight Service categories. Oct 18, 2016
Diageo to open biz development centre in Bengaluru

World's largest spirits group to open business services centre in Bengaluru

Diageo Business Services India will initially build a global financing and accounting footprint. Oct 18, 2016
temasek fullerton masala bonds singapore government nbfc bonds rupee denominated lse hdfc listed listing stock exchanges london lse

Temasek-owned Fullerton India raises Rs 500 crore in masala bonds

Fullerton India is a non-banking finance company operating since 2007 and follows entities like NTPC, HDFC to issue masala bonds. Oct 18, 2016
icici bank share price essar group bad loans npa chanda kochhar rosneft deals sensex gainer

ICICI Bank spurts again on Tuesday; Nomura upgrades share price

The $12.9 billion deal between Essar Oil and Rosneft augurs well for ICICI Bank, says Nomura. Oct 18, 2016
Ultratech Cement

UltraTech Cement net profit rises 25% in September quarter despite fall in revenues

The cement firm reported consolidated net profit of Rs 614.30 crore for the quarter ended September 30. Oct 18, 2016
Nokia job cuts: Finnish company is cutting thousands of jobs globally

Nokia confirms participation in MWC 2017; Finnish company poised to return with a bang

Nokia is expected to announce two flagship phones and two tablets at MWC 2017 in Barcelona early next year. Oct 18, 2016
Airtel unlimited calls, free 4G data offers

Airtel and Nokia sign Rs 3,350-crore agreement to expand 4G deployment in India

Through this contract, Airtel will expand and ramp up 4G capacities to counter the threat of Reliance Jio. Oct 18, 2016
IBM

IBM Q3 revenue falls, but tops forecasts on cloud, analytics growth

IBM has shifted towards more profitable areas, such as cloud services, artificial intelligence, analytics, and security. Oct 18, 2016
Tea Seller

Morning brief: Parrikar gives RSS credit for surgical strikes, Iraqi Army pushes back Isis in Mosul, AirAsia bans Samsung Galaxy Note 7 and more

Also read about the very popular tea seller from Pakistan and tennis star Nick Kyrgios's hefty fine and suspension over Shanghai Masters controversy. Oct 18, 2016
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