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Adani Power plans to invest Rs 18,000 crore in Karnataka

The company would set up a 1,600 MW thermal power plant and another 1,000 MW solar power project in the state.

Feb 12, 2016

Wipro buys HealthPlan Services in all-cash deal worth $460 million

This is Wipro's third buyout in less than three months and the deal will be completed in the next 60-90 days.

Feb 12, 2016

AirAsia India chief may quit soon: Reports

Amar Abrol, chief of AirAsia Bhd's insurance arm Tune Money, is likely to replace Mittu Chandilya.

Feb 12, 2016

JPMorgan's Dimon buys more than $25 million of company stock

JPMorgan shares closed at $53.07 on Thursday.

Feb 12, 2016

Coco-Cola to launch juice with fizz drink

Coca-Cola to bring fizz drink with fresh juice next week

The new product would contain about 10.4 percent juice concentrate that would be purchased from local farmers.

Feb 11, 2016

Onion prices likely to fall further from current two-year lows

Markets across the country are witnessing a rise in supply of onions.

Feb 11, 2016

Soaring bad loans dent SBI's Q3 profit

The largest Indian bank reported a 62 percent fall in its net profit at Rs 1,115 crore on higher provisioning for bad loans.

Feb 11, 2016

Coca-Cola suspends operations at 3 plants in India: Report

A PTI report said the move could affect at least 300 employees.

Feb 11, 2016

GlaxoSmithKline Pharma net profit surges 76% in Q3

The net sales of the company rose to Rs 728.70 crore in the October-December quarter this fiscal, 13 percent up compared to the corresponding period in the previous fiscal year.

Feb 11, 2016

Govt likely to make tax holiday for start-ups more flexible: Report

A Financial Express report said the government may allow start-ups to avail tax holiday from a block of 10 years.

Feb 11, 2016

Yahoo announces first round of layoffs as it trims 15 percent of workforce

The layoffs will take effect Apr.11 and affected employees received 60-day advance notice of the move.

Feb 11, 2016

ONGC aims for new drilling contracts in cost-saving drive

The new drilling contracts could help the company save 5-10 billion rupees a year, analysts said.

Feb 11, 2016

Cryogenically frozen rabbit brain returned near-perfectly from preservation

Small Mammal Brain Preservation Prize won by researchers at 21st Century Medicine.

Feb 10, 2016

Cipla reports a 4.7% profit increase in Q3 FY15-16 results

Cipla announced its unaudited consolidated financial results for the quarter ended Dec. 31, 2015.

Feb 10, 2016

Apollo Tyres Q3 net profit up 51% helped by soft rubber prices

Tyre companies in India are benefiting from low rubber prices, however, cheaper Chinese imports are hurting sales.

Feb 10, 2016

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