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Companies

Indian oil companies to buy 24% stake in Russia's Vankor oilfield for $2.1 billion

In September 2015, OVL invested $1.25 billion to fork out a 15 percent stake in the same oilfield. Jun 18, 2016
Amul

India's Amul with overall turnover of $5 billion is world's 13 largest dairy

The company boasts of passing on 80 paisa for every rupee earned to its dairy farmers on each of its flagship Amul products sold. Jun 17, 2016
vistara airasia india aviation policy india domestic air traffic

Vistara looking at strategic partnerships to expand business

Vistara, jointly owned by Singapore Airlines and Tata Group, is also eyeing fleet expansion to fly on international routes. Jun 17, 2016
hdfc max merger insurance life bse bombay stock exchange

HDFC Life, Max Life, Max Financial Services merger could pip ICICI Prudential; Max shares hit 52-week high

Both HDFC and Max Financial Services boards approved the three-way merger that also involves Max Life Insurance. Jun 17, 2016
Revlon

Revlon seeks to strengthen foothold in skincare sector with acquisition of Elizabeth Arden

The Florida-based company has been losing customers to rivals who offer better deals and discounts. Jun 17, 2016
udta punjab ekta kapoor anurag kashyap balaji telefilms

'Udta Punjab' performance at box office could lift Ekta Kapoor's Balaji Telefilms share price

Ekta Kapoor's Balaji Telefilms and Anurag Kashyap's Phantom Films are co-producers of "Udta Punjab". Jun 17, 2016
Wipro

Wipro plans to set up Special Economic Zone in West Bengal

The Board of Approval will take up Wipro's application on June 22. Jun 17, 2016
GMR

GMR denies selling stake in Hyderabad Airport: Report

The stake sale of the Hyderabad airport is reportedly valued between Rs. 5,000 and 5,500 crore. Jun 17, 2016

Disney faces PR crisis, risk of legal action after gator attack

An alligator snatched and killed a toddler at the Walt Disney World resort in Orlando, Florida, on Tuesday. Jun 17, 2016
new civil aviation policy airasia visatara

Vistara, AirAsia India seek quick fleet growth as aviation rules eased, sources say

Vistara and AirAsia India aim to boost their fleet sizes to 20 planes within a year. Jun 16, 2016

Media mogul Redstone says he 'no longer trusts' Viacom CEO

The comments from Redstone are the latest in a spat with Viacom which will likely affect the direction of the company after Redstone dies or becomes incapacitated. Jun 16, 2016

Tesco shares: Leave on the shelf or worth a purchase?

Tesco has sold off more assets as the supermarket giant has continued to struggle in recent years. Jun 15, 2016
LIC

LIC to invest in national infrastructure fund

The National Investment and Infrastructure Fund will be owned by the government and other partners in a 49:51 ratio. Jun 15, 2016
american express sbi cards arrangement

State Bank of India to expand acceptance of American Express cards

The agreement covers both offline as well as online payment modes. Jun 15, 2016
air india

New civil aviation policy: Shares of SpiceJet, Jet, InterGlobe spurt after Govt relaxes 5/20 rule

The 5 in the 5/20 rule has been done away with, while regional airfares will now be capped at Rs. 2,500 for one-hour flights. Jun 15, 2016
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