Companies

Jet Airways to shift domestic ops to Mumbai airport's T2 terminal

The move would integrate the airline's domestic and international operations and reduce time and cut costs.

Mar 1, 2016

February auto sales: Renault India car sales up 158%, driven by Kwid

The company sold 8,834 units in February 2016 in India as against 3419 units in February last year.

Mar 1, 2016

Feb. passenger car sales: Mahindra sees 26% growth; Hyundai records 9% rise

The company said that the increase in infrastructure cess in the Budget would "increase the prices of automative products immediately."

Mar 1, 2016

Walmart, Tesco to benefit from 100% FDI in multi-brand processed food retailing

The companies will need to get clearance from the Foreign Investment Promotion Board to own 100 percent stake in a business.

Mar 1, 2016

Yahoo says may write down goodwill value of Tumblr

Yahoo said earlier in the month it took a $230 million impairment charge related to Tumblr.

Mar 1, 2016

Red faces, raised voices over late hitch in Foxconn's Sharp deal

Foxconn had asked Sharp to delay voting on a deal as it had just received "new information" from Sharp that it needed to clarify.

Mar 1, 2016

L&T mulls selling 49% stake in insurance business to foreign firm: Report

A Business Standard report said that the deal is likely to be finalised in the next three to six months.

Feb 29, 2016

Coca-Cola looking to sell India bottling operations for $1 billion: Report

A report on The Economic Times said that the company's India unit is satisfied with the current framework for operations.

Feb 29, 2016

EPA requests information from Mercedes-Benz over emission levels

Daimler said the EPA request for information comes in response to a class-action lawsuit filed by law firm Hagens Berman.

Feb 29, 2016

L&T bags Rs 800-crore construction contract from DLF

According to market sources, the deal was reportedly worth Rs 12,000 crore.

Feb 28, 2016

UltraTech buys Jaypee's cement business for Rs 16,500 crore

The deal will enhance UltraTech's cement manufacturing capacity to 90.7 million tonnes per annum and provide access to new markets in India.

Feb 28, 2016

5/20 aviation rule: AirAsia CEO takes a dig at older airlines

Tony Fernandes was responding to allegations made by older airlines that AirAsia is remote-controlled from Malaysia.

Feb 28, 2016

Zee Media Corp to acquire 80% stake in 2 firms of India Today group

The deal is valued at Rs 168 crore, to be paid in portions over the next four years.

Feb 28, 2016

Future Group to add 100-150 new stores over 5 years

Offline retailers are facing intense competition from online retailers as more customers are switching to online shopping.

Feb 28, 2016

VW ex-CEO told of defeat device admission weeks before news was public: BamS

Volkswagen's US CEO Michael Horn told a US House of Representatives the company had told regulators Sept. 3, 2015, it was using defeat devices.

Feb 28, 2016

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Companies

Jet Airways to shift domestic ops to Mumbai airport's T2 terminal

February auto sales: Renault India car sales up 158%, driven by Kwid

Feb. passenger car sales: Mahindra sees 26% growth; Hyundai records 9% rise

Walmart, Tesco to benefit from 100% FDI in multi-brand processed food retailing

Yahoo says may write down goodwill value of Tumblr

Red faces, raised voices over late hitch in Foxconn's Sharp deal

L&T mulls selling 49% stake in insurance business to foreign firm: Report

Coca-Cola looking to sell India bottling operations for $1 billion: Report

EPA requests information from Mercedes-Benz over emission levels

L&T bags Rs 800-crore construction contract from DLF

UltraTech buys Jaypee's cement business for Rs 16,500 crore

5/20 aviation rule: AirAsia CEO takes a dig at older airlines

Zee Media Corp to acquire 80% stake in 2 firms of India Today group

Future Group to add 100-150 new stores over 5 years

VW ex-CEO told of defeat device admission weeks before news was public: BamS

ED attaches Rs 234.75 cr property of Chennai jeweller; another money laundering case unearthed

J&K civilians overpower two most-wanted LeT terrorists; snatch deadly weapons, hand them over to police [details]

WhatsApp to soon let users hide online status from everyone [details]