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Companies

UltraTech Cement

UltraTech Cement reports higher capacity utilisation, net profit for March quarter

UltraTech Cement capacity utilisation rose 5 percent to 84 percent, enabling it to post higher revenues and net profit for the quarter. Apr 26, 2016
Time Warner Cable

US approves Charter's Time Warner Cable buy with conditions

The Justice Department's approval carried conditions designed to protect competition coming at a time when the pay television industry faces stagnation. Apr 26, 2016
Standard Chartered

Standard Chartered's assets sale draws lukewarm response from buyers

SSG Capital Management Ltd, a distressed asset investor, is the only firm in talks to buy Standard Chartered's assets, Mint reports. Apr 25, 2016
Bombardier

Bombardier says Iranian sales talks progress, denies new airline

Bombardier Executive Chairman Pierre Beaudoin said no deal has been reached yet on sales with Iranian customers. Apr 25, 2016
air india

DGCA considers relaxing aircraft importing norms

Domestic carriers will now be able to import aircraft as much as 18 years old. Apr 24, 2016
bomb threa Jet airways

Jet Airways, JetLite get shareholders' nod for merger

According to Jet Airways, the merger would result in greater efficiency from the merged entity. Apr 24, 2016
Volkswagen company

Volkswagen positive of China sales, plans more investments with JV partners

Volkswagen also plans to invest €4 billion ($4.49 billion) with its joint-venture partners in China this year. Apr 24, 2016
Reliance Jio 4G launch in India: Commercial rollout finally begins next month with free calls and data

Reliance Jio on track to launch 4G services, says RIL

Reliance Jio Infocomm, the telecom arm of Mukesh Ambani-controlled Reliance Industries Limited, gave the information in a presentation. Apr 23, 2016
Vedanta group Cairn India

Vedanta Group company Cairn India posts record loss of Rs. 10,948 crore in fourth quarter

Cairn India's loss was due to a one-time impairment charge of Rs. 11,674 crore on account of fall in crude oil prices, it said. Apr 23, 2016

Dell SecureWorks, 2016's first tech IPO, fizzles on Wall Street

SecureWorks priced below its indicated range and opened the day even lower; it also cut the number of shares it was offering from 9 million to 8 million. Apr 23, 2016
Bombay Stock Exchange building

Reliance Defence to raise up to Rs. 1,200 crore via rights issue

Reliance Defence and Engineering, an Anil Ambani Group company, plans to utilise the proceeds to retire debt and augment resoruces. Apr 22, 2016
Kingfisher and UB Group chairman Vijay Mallya

Mallya claimed salary, other perks as Rajya Sabha MP

Mallya, whose term as an MP ends in July 2016, claimed constituency allowance, telephone and office expenses regularly. Apr 22, 2016
PSU Bank

India's 2nd-biggest defaulter Winsome gives back a pittance as repayment

The gold and diamond house repaid just $150,000 out of the over-$1 billion in outstanding loan to Indian banks, says Economic Times. Apr 22, 2016
Scoot Airlines

Singapore Airlines arm Scoot to start operations in India

Scoot would operate round-trips from Chennai and Amritsar to Singapore from May 24, whereas flights to and from Jaipur would begin on Oct. 2. Apr 22, 2016
Nasdaq Wipro

Wipro ADRs plunge more than 4% on Nasdaq, NYSE in response to downbeat Q4 results

In sharp contrast to Wipro, Infosys ADRs rose more than 8 percent after its upbeat Q4 results and FY2017 guidance. Apr 22, 2016
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