Companies

Steel Imports MIP Steel imports from China

SAIL to shell out Rs. 6,000 crore as capital expenditure this fiscal

The amount will be spent on modernisation and expansion plans, as well as towards research and development.

May 15, 2016

Banks seize Mallya's Kingfisher Villa in Goa

The seizure that followed much legal wrangling would lead to the valuation of the premises soon, followed by an auction.

May 14, 2016

Mumbai-based Piramal Enterprises to acquire four Pfizer brands for Rs. 110 crore

Piramal Enterprises said the deal will strengthen its Over the Counter products portfolio.

May 14, 2016

Warren Buffett, Quicken Loans founder in Yahoo bid: Sources

The interest of Buffett and Gilbert is a boost for the Sunnyvale, California-based company.

May 14, 2016

Ministries favour scrapping of 5/20 civil aviation rule

If the 5/20 rule is scrapped, new airlines such as Vistara, AirAsia India and Go Air stand to benefit, reports the Economic Times.

May 13, 2016

SWIFT says second bank hit by malware attack

It was not immediately clear how much money, if any, was stolen in the second attack.

May 13, 2016

UK govt puts out white paper on BBC's new role

The once-in-11-years charter renewal may see the BBC with a new mission statement and a new external independent regulator.

May 12, 2016

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

PNB Housing Finance net profit rises 66% in FY16

Net profit was Rs. 326 crore in FY16 while total income grew 52 percent to Rs. 2,697 crore, PNB Housing Finance said.

May 12, 2016

IOC BPCL india petrol diesel fuel stations retail fuel petrol bunk HPCL reliance essar

BPCL, HPCL, IOC to continue domination in fuel retail space: IDFC Securities

Essar and Reliance will remain marginal players even as state-run OMCs retain their dominance, according to the research firm.

May 12, 2016

France makes 'final offer' of $8.56 billion in Rafale fighter jet deal

In addition to this, India and France are also negotiating the price for the support package of the fighter jets.

May 12, 2016

Supreme court extends Subrata Roy's parole till July 11

The conditional release is warranted on a rider that Roy will deposit Rs. 200 crore with Securities Exchange Board of India.

May 11, 2016

Zee Entertainment, DCM Shriram spurt on BSE after upbeat March-quarter results

Zee Entertainment ad revenues rose 29 percent while DCM Shriram's sugar business saw a turnaround, putting the firm back in the black.

May 11, 2016

bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

7 NBFCs return licences; certificates of 4 others cancelled by RBI

The non-banking financial companies will no longer be able to carry on business, said the RBI.

May 11, 2016

TAV Airport Turkey AAI Indian airports airport privatisation

Turkey's TAV Airports eyes opportunities in India, Malaysia

TAV Airports is planning to expand its global footprint to new markets such as India, Malaysia and Vietnam.

May 11, 2016

Disney reports rare earnings miss, shares sink

Shares of the world's best-known entertainment company fell more than 5 percent in extended trading.

May 11, 2016

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Companies

SAIL to shell out Rs. 6,000 crore as capital expenditure this fiscal

Banks seize Mallya's Kingfisher Villa in Goa

Mumbai-based Piramal Enterprises to acquire four Pfizer brands for Rs. 110 crore

Warren Buffett, Quicken Loans founder in Yahoo bid: Sources

Ministries favour scrapping of 5/20 civil aviation rule

SWIFT says second bank hit by malware attack

UK govt puts out white paper on BBC's new role

PNB Housing Finance net profit rises 66% in FY16

BPCL, HPCL, IOC to continue domination in fuel retail space: IDFC Securities

France makes 'final offer' of $8.56 billion in Rafale fighter jet deal

Supreme court extends Subrata Roy's parole till July 11

Zee Entertainment, DCM Shriram spurt on BSE after upbeat March-quarter results

7 NBFCs return licences; certificates of 4 others cancelled by RBI

Turkey's TAV Airports eyes opportunities in India, Malaysia

Disney reports rare earnings miss, shares sink

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]