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Adani coal mine project Australia

Adani may drop coal mine project in Australia owing to delays, legal issues

Gautam Adani said he was "disappointed" the project did not take off despite six years of environmental assessments and court rounds. Jun 5, 2016
IB Times

Sun Pharma divests 2 US-based manufacturing facilities

The company said it would divest two solid-oral-dosage manufacturing facilities located in Aurora and Philadelphia. Jun 5, 2016
jp morgan chase  J.P. Morgan Chase & Co

J.P. Morgan Chase & Co. relaxes dress code for employees: Report

Employees at J.P. Morgan Chase & Co. can now wear business-casual attire on most occasions. Jun 4, 2016
Twitter

Twitter's merger talks with Yahoo a non-event

Twitter was only interested in "sucking up information," as it backed out of the bid soon after the management meet got over. Jun 4, 2016

Micromax plans to sell phones in China, raise cash

In two years, the company may list its shares on the India bourses or invite a strategic partner to pick stake in it. Jun 4, 2016
ed-miliband-labour-will-launch-emergency-recruitment-drive-to-tackle-nhs-staffing-crisis

Who are rags-to-riches brothers Bhikhu and Vijay Patel who fleeced UK NHS?

The entrepreneurs exploited a loophole in UK's NHS drug pricing caps, hiked the cost of generic drugs after dropping the brand name. Jun 4, 2016
Alibaba

SoftBank adds to Alibaba sale, bringing total to $10 billion

SoftBank, Alibaba's top shareholder, on Wednesday said it would sell at least $7.9 billion of shares in Alibaba. Jun 4, 2016

Meet the flying hospital fighting to save the broken hearts of Tanzanias poor children

IBTimes UK visits a medical team treating children with congenital heart defects in Dar es Salaam, Tanzania. Jun 3, 2016

David Miliband defends Prime Ministers performance in EU referendum debate

Former Labour foreign secretary makes another intervention in the EU referendum campaign. Jun 3, 2016
Idea Cellular

PE firm Providence sells 3.47% stake in Idea Cellular for Rs. 1,400 crore

The share sale is at a 6 percent discount to Thursday's closing price of Rs.118.5 per share. Jun 3, 2016
jet airways q4 annual results indian aviation dgca jet net profit sales atf

Jet Airways announces special low fares after SpiceJet, Air India, AirAsia India

Jet Airways, SpiceJet, Air India and AirAsia India are wooing passengers with low fares to beat lean season. Jun 2, 2016
coal india mining production offtake output coal india share price cil miner

Coal India output, offtake rise in May; stock rallies 4% on BSE

The world's largest miner released offtake and production figures for May on Thursday. Jun 2, 2016
UBER taxi

Uber raises $3.5 billion from Saudi Arabia's Public Investment Fund

The new round of fundraising puts Uber's valuation at $62.5 billion. Jun 2, 2016
Mumbai International Airport

Airports Authority of India revenues cross Rs. 10,000 crore for the first time

The record growth in revenues could be due to low fuel prices, which has resulted in an increase in the number of passengers. Jun 2, 2016
Indian rupee investments

Lending by state-run banks falls to 12-year low

Public sector banks' share of credit fell by nearly 4 percent during 2015-16, while private banks saw their market share grow for the same period. Jun 1, 2016
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