Companies

JP Associates spurts 38%, UltraTech Cement hits 52-week high on finalising deal

Shares of JP Associates and UltraTech Cement jumped on the BSE on Tuesday in response to the companies finalising the cement deal.

Jul 5, 2016

SpiceJet says 'Eid Mubarak;' offers discounted fares starting at 299 dirhams

The Eid discount is available for Dubai-India travel, with the airfares starting at 299 dirhams.

Jul 5, 2016

Spectrum auction: Bharti Airtel, Vodafone India, Idea Cellular may spend Rs. 1 lakh crore

The total outgo towards the acquisition of spectrum during the current financial year would be about Rs. 37,000 crore, Crisil report stated.

Jul 5, 2016

How Infosys, TCS, Wipro, Tech Mahindra are expected to perform in June quarter

Profit margins of Infosys and TCS are likely to be hit due to the salary hikes announced during the last quarter, while Wipro and Tech Mahindra are projected to lag in revenue growth.

Jul 4, 2016

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Hero Motocorp workers at Gurgaon unit to get salary hike

However, the hike of about Rs. 12,500 over three years, effective from August 2015, is lower than the Rs. 18,000 the workers were demanding.

Jul 4, 2016

Kingfisher and UB Group chairman Vijay Mallya

Kingfisher Airlines' financial details lost without backup

The financial data is a crucial link in the alleged fraud in transfer of funds and other nonpayment of dues by the Airlines.

Jul 4, 2016

SBI to Govt Panel: ready for a one-time settlement with Vijay Mallya

The bank was ready for a haircut with some existing bad loans and it is not insisting on payment of interest upon interest, says a report

Jul 4, 2016

5 bidders finalised for Lafarge's India cement business

Two of the five bidders are foreign firms, which are expected to submit bids of Rs. 8,500-9,000 crore.

Jul 4, 2016

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Kerosene deregulation buzz, price hike lift ONGC, HPCL, BPCL shares

State-run oil firms such as ONGC, Oil India, HPCL, BPCL and IOC rose on speculation of kerosene deregulation.

Jul 4, 2016

Flipkart, Snapdeal, Alibaba, Abof.com in race to acquire Jabong

The initial rounds of talks are on, and the Jabong sale deal is valued between $250 and $300 million.

Jul 4, 2016

ICICI Bank to add 1,000 ATMs, 400 bank branches across India in FY17

The bank aims to boost retail operations after it reported a 76% fall in net profit in the most recent quarter on higher provisioning.

Jul 3, 2016

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Ford India exports rise sharply in June while others report decline or muted growth

Ford India car exports rose three-fold in June, while Maruti Suzuki, Hyundai, Toyota Kirloskar, Honda and Tata Motors reported mixed results.

Jul 2, 2016

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SBI sells 5% stake in NSE for Rs. 911 crore

SBI continues to hold close to another 10 percent stake in NSE and will divest it on realising value or targeted price.

Jul 2, 2016

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Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

Two mutual funds â€” SBI and Birla Sun Life â€” bought 1 million shares of Shriram City Union Finance at Rs. 1,630 per share.

Jul 2, 2016

Apple fires back at Spotify over music streaming claims

The two companies have gone head to head in the battle for music streaming customers since Apple Music was launched in more than 100 countries last year.

Jul 2, 2016