Companies

Alibaba buys control of Lazada in $1 billion bet on SE Asia e-commerce

The Chinese e-commerce giant seeks fertile new turf while growth slows in China.

Apr 13, 2016

TTK Prestige spurts on acquisition of British firm Horwood Homewares

The company said the acquisition of table and cookware supplier Horwood Homewares will give it access to high-value European markets.

Apr 12, 2016

Rakuten eyes India's e-commerce market: Report

The Japenese internet services giant has opened a business office in Bengaluru and has reportedly approached execs from Amazon and Flipkart.

Apr 12, 2016

RBS to close down India banking operations: Report

Regulatory issues and RBS' own plans to sell or shut two-thirds of its operations globally will see its India business closed.

Apr 12, 2016

Sony Pictures in talks to buy 9X: Report

9X Media, which operates a clutch of music channels, will be sold to Sony pictures for a reported sum of Rs. 220 crore.

Apr 12, 2016

Dell's SecureWorks valued at $1.42 billion in year's first tech IPO

Atlanta, Georgia-based SecureWorks said on Monday its offering was expected to be priced at $15.50-$17.50 per Class A share.

Apr 12, 2016

Bharti Airtel's M Commerce gets payments bank licence from RBI

Payments bank are restricted to holding a maximum balance of Rs. 100,000 per individual customer.

Apr 11, 2016

Standard Chartered plans to sell $4.4 billion Asian loan portfolio

The bank is in talks with potential buyers to sell assets worth $1.4 billion of stressed loans made to Indian companies.

Apr 11, 2016

Tata Steel sells Scunthorpe plant to Greybull Capital

The deal amount was not disclosed, but Greybull Capital would be arranging an investment package of Â£400 million as part of the transaction.

Apr 11, 2016

Hard Rock Cafe's India franchisee to raise fund, expand outlets

The company would expand outlets and launch Chinese food chain Panda Express in India by August 2016.

Apr 11, 2016

Larsen & Toubro bags orders worth $370 million from Oman

The contracts involve EPC works for Petroleum Development Oman LLC at two of its gas producing facilities.

Apr 11, 2016

DLF begins process of rental arm stake sale to PE investors

The value of the stake deal is estimated to be between Rs 12,000 to Rs 14,000 crore.

Apr 11, 2016

Daily Mail parent in talks with private equity for Yahoo bid: WSJ

Daily Mail & General Trust PLC's potential bid could take one of two forms, according to the Wall Street Journal report.

Apr 11, 2016

UAE-based Lulu Group to invest Rs. 5,000 crore in India by 2020

The company has decided to build mega shopping complexes in Chennai, Thiruvananthpuram, Bengaluru and Hyderabad.

Apr 10, 2016

Financial turmoil at SunEdison imperils solar projects worldwide

Many of those projects are imperiled as SunEdison reportedly prepares to declare bankruptcy.

Apr 10, 2016

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Companies

Alibaba buys control of Lazada in $1 billion bet on SE Asia e-commerce

TTK Prestige spurts on acquisition of British firm Horwood Homewares

Rakuten eyes India's e-commerce market: Report

RBS to close down India banking operations: Report

Sony Pictures in talks to buy 9X: Report

Dell's SecureWorks valued at $1.42 billion in year's first tech IPO

Bharti Airtel's M Commerce gets payments bank licence from RBI

Standard Chartered plans to sell $4.4 billion Asian loan portfolio

Tata Steel sells Scunthorpe plant to Greybull Capital

Hard Rock Cafe's India franchisee to raise fund, expand outlets

Larsen & Toubro bags orders worth $370 million from Oman

DLF begins process of rental arm stake sale to PE investors

Daily Mail parent in talks with private equity for Yahoo bid: WSJ

UAE-based Lulu Group to invest Rs. 5,000 crore in India by 2020

Financial turmoil at SunEdison imperils solar projects worldwide

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]