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Reliance Anil Ambani

Reliance Power locked in compensation claims after pulling out of Tilaiya power project

Reliance Power hopes to close the termination of Tilaiya power project by recovering Rs. 714 crore as bank guarantee and compensation. Jun 26, 2016
Asian Paints store

Asian Paints to set up manufacturing units in AP, Karnataka

The investment of setting up of the two units is estimated to be about Rs. 4,000 crore. Jun 26, 2016
indiabulls housing finance fund raising home loans real estate puravankara share price net profit sales revenues flats apartments construction real fund raising money rupees

Indiabulls Housing Finance to raise Rs. 300 crore via debt

Non-convertible debentures with face value of Rs. 1 lakh each aggregating Rs. 300 crore will be issued on private placement basis. Jun 25, 2016
wipro infosys nasdaq brexit eu britain bse nse referendum it stocks

Infosys, Wipro shares fall more sharply on Nasdaq than on BSE

The drop in American depositary shares of Infosys and Wipro was higher than the fall on the BSE; DJIA, S&P lost heavily. Jun 25, 2016
wipro q3, wipro q3 results, wipro share price, wipro interim dividend, wipro t k kurien retires, wipro it revenues, wipro q4 guidance

Wipro Ventures makes its first VC investment with TLV Partners deal

Wipro follows Infosys to invest in a venture capital firm to tap more start-ups focusing on disruptive technologies. Jun 25, 2016
brexit tata steel europe tata motors indian companies britain eu

Tata Steel, Tata Motors, Maruti Suzuki among worst-hit due to Britain leaving EU: Analyst

Tata Steel UK has a high exposure in Europe, a stronger yen is bad for Maruti Suzuki and JLR sales could face problems. Jun 25, 2016
Citigroup Inc

Citigroup resolves 'technical issue' that left accounts frozen

Customers had taken to social media to complain about the outage, which affected several U.S. states, including New York, Pennsylvania and California, according to Bloomberg. Jun 25, 2016
Brexit

Brexit: Firms expect spending on IT to take a hit in short term

Infosys, Wipro and Zensar expect fluctuation in pound sterling would affect labour mobility contraints and cut in IT spending post Brexit. Jun 24, 2016
Tata Steel

Tata Steel's future in limbo as Britain exits EU

The shares of Tata Steel fell 6.61 percent to Rs. 311.70 on Friday on the Bombay Stock Exchange. Jun 24, 2016
NTT Docomo

London's arbitration court asks Tata Sons to buy Japan's NTT Docomo stake at $1.2 billion for breach of JV agreement

The London Court of International Arbitration asked Tata Sons to pay the damages for breach of joint venture agreement. Jun 24, 2016
Oil Rosneft company Russia

Indian oil firms evaluating investment in Russia's Rosneft: Dharmendra Pradhan

The petroleum minister said state-run refiners will look at buying a stake in Rosneft, which is planning to sell 19.5 percent stake. Jun 24, 2016
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
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