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Companies

JPMorgan to raise minimum wage for 18,000 U.S. workers

The wage increase at the United States' largest bank will be from a current floor of $10.15 an hour to a range of $12 to $16.50 an hour. Jul 13, 2016
Elon Musk

How is the self driving car industry thriving after the Tesla crash?

Industry insiders believe it has reached the threshold for investment and growth as more companies look to invest in safety features. Jul 12, 2016
great grand masti balaji telefilms movie cast Vivek Oberoi, Riteish Deshmukh, Aftab Shivdasani and Urvashi Rautela share price

'Great Grand Masti' ('Masti 3'): Will leaked movie dampen hopes of a big box office collection for producer Balaji Telefilms?

'Great Grand Masti' ('Masti 3') print carrying "censor copy" watermark was leaked online, dampening hopes of big box office collection. Jul 12, 2016
Cairn India

Cairn Energy invokes U.K.-India Investment Treaty, demands $5.6 billion compensation from India

British oil and gas company Cairn Energy holds 9.8 percent in Cairn India after selling majority stake to Vedanta Resources in 2011. Jul 12, 2016
HDFC Bank India

June 2016 results preview: How HDFC Bank, Axis Bank and ICICI Bank are likely to have performed

HDFC Bank, Axis Bank, ICICI Bank likely to report mixed results in June quarter, says Motilal Oswal Securities. Jul 12, 2016
Bombay Stock Exchange building

Quess Corp lists at a hefty premium to issue price on BSE; Sensex retains rally

Quess Corp IPO was oversubscribed about 144 times. The issue price was Rs. 317 per share Jul 12, 2016
sahara-group-chairman-subrata-roy

Court allows Sahara to sell properties up to 90 percent of their circle rate

Sahara Group chief Subrata Roy granted extension of parole till August 3, conditional on Rs. 300 crore deposit. Jul 11, 2016
Insurance

Edelweiss gets nod from IRDA to set up insurance company in India

Edelweiss General Insurance will be a wholly owned subsidiary of Edelweiss Financial Services Ltd. Jul 11, 2016
cement india cement business emami

Nirma to buy Lafarge India's cement plants from LafargeHolcim for $1.4 billion

Lafarge India's assets comprise three cement plants and two grinding stations with a total capacity of 11 million tonnes per annum. Jul 11, 2016
new civil aviation policy airasia visatara

AirAsia announces 20% discount on fares; offer to cover 120 destinations in 24 countries

The AirAsia and AirAsia X offer is valid for travel from July 18 to November 24, 2016. Jul 11, 2016
AirAsia

AirAsia plans JV in China, listing on Hong Kong Stock Exchange

AirAsia wants to expand its fleet to meet growing demand in North Asia, Reuters reported. Jul 11, 2016
mallya

Fresh troubles emerge for Vijay Mallya

United Spirits Ltd said inquiry against Mallya reveals fund diversion to the tune of Rs. 1,225 crore. Jul 10, 2016
jet airways q4 annual results indian aviation dgca jet net profit sales atf

Jet Airways to deploy Boeing 777 on Dubai, Singapore, Amsterdam routes to enhance international business

International operations reportedly account for more than half of the airline's revenues, Business Standard reported. Jul 10, 2016
Vijay Mallya

Mallya appears at Formula 1 event, says he feels 'good and fit'

Vijay Mallya said Force India was aiming for the number fourth spot this season. Jul 9, 2016
Air India Indigo Aviation India

Jayant Sinha hopes to 'take off' at civil aviation ministry

India is the fastest-growing civil aviation market and Jayant Sinha moved to the ministry as part of the recent Cabinet reshuffle. Jul 9, 2016
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