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GNA Axles to list on September 26

Punjab-based firm GNA Axles approached the primary market to raise about Rs 130 crore via initial public offering (IPO). Sep 23, 2016
Jet airways connectivity

Jet Airways to enhance connectivity to US; shares rise

Jet Airways will offer seamless connectivity to North America and Europe over Paris from October 30. Sep 23, 2016
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Tech Mahindra to report higher revenues in next two years: IDFC Securities

In a note, brokerage IDFC Securities says new deals and enterprise business would drive revenue growth for Tech Mahindra. Sep 23, 2016
Marriott buys Starwood hotels

Marriott International acquires Starwood Hotels for $13 billion

The acquisition makes Marriott International world's largest hotel company, comprising 5,700 properties across 110 countries. Sep 23, 2016
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Avendus Capital hires Ambit's Andrew Holland, fund managers

Fund managers, research analysts and marketing head Bhautik Ambani also move to Avendus Capital along with Andrew Holland. Sep 23, 2016
Vodafone filed a petition against TRAI for letting Jio extend its free services

Vodafone Group invests Rs 47,000 crore into Indian arm

The fund infusion will be utilised to reduce the telecom firm's debt and strengthen its spectrum portfolio. Sep 23, 2016
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HDFC Bank shares hit new 52-week high on stock upgrade by CLSA

In a note, brokerage CLSA says digital and CASA initiatives will drive growth for private sector lender HDFC Bank. Sep 22, 2016
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Wipro to buy China-based Zhongshan Ma Er Daily Products

The acquisition of Zhongshan Ma will help penetrate South China's personal care market, says Wipro. Sep 22, 2016
Tata Motors Castrol partnership deal

Tata Motors, Castrol shares rise after partnership deal

Under the new partnership deal, Castrol will supply lubricants to Tata Motors' passenger vehicles. Sep 22, 2016
Reliance Jio is bent on giving other network providers a run for its money

Telecom industry's price war heats up; BSNL to better Reliance Jio's offer

The firm is likely to announce zero-voice-tariff plans from January and these would be lower than the Rs 149 entry price of Jio. Sep 22, 2016
IOC Dhamra LNG project

IOC, GAIL shares gain on acquiring stake in Dhamra LNG project

Indian Oil Corp and GAIL have signed agreement to buy stake in Adani's LNG project in Odisha. Sep 22, 2016
Solar power plant

World's largest solar plant unveiled by Adani Group in Tamil Nadu

The power plant in Ramanthapuram district has been built in a span of eight months. Sep 21, 2016
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Mahindra forms Brazilian unit to acquire tractor distributor Bramont for $8 million

Bramont is a shell company and has no operations as of now. Sep 21, 2016
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Kwality shares gain 12% on stock upgrade

The private sector dairy company is riding a bullish wave on the stock exchanges. Sep 21, 2016
currency

ICICI Prudential Life IPO: Private insurer's public issue oversubscribed 10 times

The insurer is selling 132.37 million shares to the public via the OFS route in a price band of Rs 300 to Rs 334 per share. Sep 21, 2016
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