Companies

Aramco awards Hasbah gas expansion contract to L&T and Emas AMC

Work on the expansion scheme includes building platforms and pipelines, with the field's supply feeding the Fadhili gas plant.

May 17, 2016

RBS initiates closure of branches, to shut India banking business by year-end

The bank will shut down all its 10 retail branches in the country in a phased manner.

May 16, 2016

Madura Fashion & Lifestyle keen to run Forever 21 stores in India

The division of Aditya Birla Fashion and Retail is in race to get the retail sales rights of Forever 21, the Times of India reported.

May 16, 2016

Phillips Carbon Black shares fall despite upbeat March quarter results

Phillips Carbon Black is a RP-Sanjiv Group firm and makes raw materials for automative tyres.

May 16, 2016

African carrier Ethiopian Airlines plans expansion in India

The African carrier plans to expand its India operations by adding more flights and upgrading aircraft.

May 16, 2016

Norway's wealth fund to sue Volkswagen over emissions scandal

The legal action would take place in Germany, the company told Reuters.

May 16, 2016

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

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Companies

Aramco awards Hasbah gas expansion contract to L&T and Emas AMC

RBS initiates closure of branches, to shut India banking business by year-end

Madura Fashion & Lifestyle keen to run Forever 21 stores in India

Phillips Carbon Black shares fall despite upbeat March quarter results

African carrier Ethiopian Airlines plans expansion in India

Norway's wealth fund to sue Volkswagen over emissions scandal

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

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]