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Companies

Yahoo results edge past estimates in good sign for sale of business

Yahoo shares rose nearly 1 percent to $36.66 in light volume in extended trading on Tuesday. Apr 20, 2016

HDFC to list up to 10% stake in life insurance JV

The Indian lender owned 61.63 percent of the joint venture, HDFC Life, as of the end of March. Apr 20, 2016
start ups in india

RBL Bank opens dedicated branch in Bengaluru for start-ups

The branch will offer start-ups a range of banking services and help in tax and legal compliance through partners, RBL Bank said. Apr 19, 2016
Indian rupee vs dollar

Sequoia Capital denies link with Aircel-Maxis case, says ED searches were for investments in Vasan Healthcare

Sequoia Capital allegedly misused India's foreign direct investment policy, CNN News 18 reported. Apr 19, 2016
Tata Steel

Greybull Capital now looks to buy Tata Steel's specialty arm in UK

The private equity firm has already inked a deal to buy the Long Products division of Tata Steel U.K. Apr 19, 2016
Tata Consultancy Services (TCS)

TCS Q4 net profit rises 64.4%, revenues up 17.5%; treats $940 million fine as 'contingent liability'

Mumbai-based TCS reported net profit of Rs. 6,341 crore and revenues of Rs. 28,449 crore for the March 2016 quarter. Apr 18, 2016
Vijay mallya

Vijay Mallya issued non-bailable warrant by a Mumbai court

The Enforcement Directorate had sought action against his repeated nonappearance in a money laundering case. Apr 18, 2016
IPL rajeev shukla

IPL chairman Rajeev Shukla being probed by ED: Report

Indian Premier League chairman Rajeev Shukla is believed to be under investigation for alleged money-laundering, the Statesman reported. Apr 18, 2016
Mumbai International Airport

Airports Authority of India expects all-time high revenues of Rs. 10,000 crore for FY16

An estimated eight percent growth in the revenues figure has been due to a jump in passenger traffic and aircraft movement. Apr 18, 2016
Drones

GAIL to deploy drones to monitor gas pipelines

Presently, GAIL uses satellite technology and Helicopter surveys to conduct surveillance on its 13,000-km of gas pipeline. Apr 17, 2016
Bombay Stock Exchange building

Neyveli Lignite Corporation is now NLC India Limited

Neyveli Lignite Corporation sought approval to change its name in view of its changing profile and geographical expansion. Apr 16, 2016
tcs, tcs share buyback, tcs buyback price, tcs share price, infosys share price, wipro share price

TCS says no IP infringement in Epic Systems case, to appeal $940 million fine in the trade secret case

TCS and Tata America International Corporation have been directed by a Wisconsin federal grand jury to pay up for "ripping off" a company of its software. Apr 16, 2016
Infosys

Infosys ADRs rise 8% on Nasdaq, employees get 6-12% salary hike

India's second-largest IT software services exporter declared its Q4 and full year results on Friday. Apr 16, 2016
Bharti Airtel

Vodafone India may raise $2 billion using IPO route

The stock offering was earlier reported to be a pure stake sale by the parent firm or involve primary capital raising. Apr 16, 2016
SunEdison HQ

SunEdison to file for bankruptcy as early as Sunday night: Reuters source

The company said it needed about $310 million to stay in business, estimating a cash shortfall of $260 million by mid-June. Apr 16, 2016
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