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Bombay Stock Exchange building BSE dalal street

Infosys, Wipro, other IT shares rise despite Brexit uncertainties, Nasscom's gloomy outlook

Nasscom had earlier predicted a "clearly negative" impact on Indian IT companies in the short-term if Brexit happens. Jun 23, 2016
Vodafone India

Vodafone India's market debut likely in 2017

The initial public offering, with a potential to raise $2.5 billion, is touted as India's largest IPO since 2010. Jun 23, 2016
Reliance communication advertisment

RCom, Aircel to soon conclude merger, combined entity to have new brand name

The new combined entity, a 50:50 joint venture between RCom and Aircel, will have revenues of about Rs. 25,000 by 2017. Jun 23, 2016
mahanagar gas bse bombay stock exchange ipo

Mahanagar Gas IPO: Shares likely to be listed at a premium on exchanges

The Rs. 1,040 crore initial public offering (IPO) of Mahanagar Gas was oversubscribed 64 times. Jun 23, 2016
jsw ventues sebi nod investing

JSW Ventures gets Sebi nod to invest in start-ups, JSW Holdings rises 15% on BSE

JSW Ventures is the venture capital arm of the $11 billion JSW Group that has interests in cement, steel and energy. Jun 23, 2016

Euro 2016: Five companies benefiting from the tournament

Home nation success is thick in the air, with more potential optimism to come in the last 16 round, there are a number of areas where companies could profit from a good run by the three home nation teams. Jun 23, 2016
Aviation Air India IndiGo Jet

Airlines in low-fare war: Flyers' body complains about 'bogus' schemes

The Air Passengers Association alleged that airlines were taking passengers "for a ride" by introducing such offers. Jun 23, 2016
Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC chairman SK Roy's early resignation triggers speculation

Like RBI chief Raghuram Roy, LIC head SK Roy was also appointed by the Congress-led UPA government. Jun 23, 2016

EU referendum: Brompton bike makers on how a Brexit vote would affect their business

IBTimes went behind the scenes of the folding bike manufacturer to hear their views on a potential Brexit. Jun 22, 2016
vistara airasia india aviation policy india domestic air traffic Phee Teik Yeoh

Vistara plans to commence international services by June 2018

Phee Teik Yeoh, CEO of Vistara, gave the tentative deadline in two separate interviews. Jun 22, 2016
softbank

SoftBank appoints telecom operations head Ken Miyauchi in place of Nikesh Arora

Nikesh Arora quit SoftBank as president and COO on Tuesday but will continue for a month in an advisory role. Jun 22, 2016
coffee brazil rains india tata coffee board drinks

Rain in Brazil brings cheer to Indian coffee market; global prices at 13-month high

Coffee prices have risen globally in the wake of rain in world's largest producer, Brazil, boosting shares of Indian coffee firms. Jun 22, 2016
PSU Bank

India's 26 state-run banks to create 6 large lenders after merger

The move will set the stage for the government's ambitious plan of consolidating India's 26 public sector banks to six big lenders. Jun 22, 2016
nikesh arora softbank resigns controversy

SoftBank's Nikesh Arora and RBI's Raghuram Rajan have similar impact on stock markets

Shares of SoftBank Group rose on Wednesday, a day after Arora quit, just as the Sensex gained on Rajan's decision to exit RBI. Jun 22, 2016
McDonalds

Bidders line up for McDonald's Hong Kong, China sale

Sources familiar with the sale told Reuters that the deal is worth $3 billion. Jun 22, 2016
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