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PSU Bank

IDBI Bank's 4-day strike challenges privatisation

The strike called by the United Platform of IDBI Bank Unions follows two failed reconciliatory meetings with the labour commissioner. Mar 28, 2016
Wind turbines

550 MW of wind power projects could soon become non-performing assets

The Rs 4,000 crore projects are abandoned since the MSEDCL has refused to sign power purchase agreements, reports the Economic Times Mar 28, 2016
DCW curbs threat to women safety in Delhi; issues notices to Uber, Ola and three others on fleet, driver details

Uber adds another $500 million to ramp up India operations

The decision may start a regime of heavy discounts for commuters and incentives for drivers. Mar 28, 2016
Al Jazeera job cuts

Qatar's Al Jazeera network laying off 500 employees

Before the lay-offs, the network had about 4,000 staff, a spokesman said. Mar 28, 2016
Dell

Dell nears sale of IT services unit to Japan's NTT Data: Sources

The sale will also offer NTT Data, a bigger foothold in the United States. Mar 28, 2016
Adani ports

IOC, GAIL to take 49% equity in Adani's Rs 5,000 crore LNG project: Report

Adani Group had offered Indian Oil and GAIL a 49 percent stake in Dhamra LNG project, with a capacity of five million tonnes per year, in Odisha. Mar 27, 2016

Microsoft meets with private equity firms over Yahoo deal

Private equity firms interested in Yahoo approached Microsoft, a person familiar with the situation told Reuters. Mar 27, 2016
The Plaza, New York, partly owned by the Sahara Group

Sahara Group gets 3-month breather from auction of its New York properties

The Sahara Group has availed of $900-million refinance facility for the two properties from Reuben brothers, who now want to recover the money. Mar 27, 2016
Bombay Stock Exchange building

Tata Sky plans Rs 2,000 crore IPO

Loss-making Tata Sky is planning to raise funds for expansion and reduce debt. Mar 26, 2016

Sharp, Foxconn to sign deal next week: Reuters sources

The two companies will hold board meetings on Wednesday to approve the deal and officially sign a deal the following day, said the two sources with direct knowledge of the talks. Mar 26, 2016

Despite oil's decline, energy companies win with equity offerings

Analysts and investors said that shareholders could more easily stomach the dilution of their holdings if it means adding cash to strengthen balance sheets. Mar 26, 2016
CaratLane e-commerce

CaratLane in talks with US e-commerce firms for possible acquisition

The online firm is targeting U.S. firms that have strong brand-recall and advanced technology adaptation, the Economic Times said. Mar 25, 2016
IB Times

Tata Steel UK agrees to sell 2 plants in Scotland

The deal involves sale of the Clydebridge and Dalzell steel plants in Scotland. Mar 25, 2016
Net Neutrality

US firm faces Rs 20 crore penalty for illegally outsourcing work to India

The company sent personal information of over 16 million people to the Indian firm. Mar 25, 2016
Microsoft

Microsoft told potential Yahoo bidders it might back bids: Report

Microsoft's move is an attempt to ensure a good relationship with Yahoo's buyer, Recode reported. Mar 25, 2016
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