Companies

IndiGo hiking domestic ticket cancellation charge drives up stock

The revised domestic fee cancellation charge of Rs 2,250 will be applicable from April 1, 2016.

Apr 1, 2016

India's UltraTech buys Jaiprakash cement plants in new $2.4 billion deal

The two firms had signed a deal last month under which UltraTech was to buy 22.4 million tonnes of cement capacity from Jaiprakash for 165 billion rupees.

Apr 1, 2016

Boeing takes spare-part making from Spirit AeroSystems

The spare parts Spirit makes under license, will be shifted to Boeing over about two years, according to two people familiar with the matter.

Apr 1, 2016

GE Capital asks US Govt to lift 'too big to fail' designation

Chief Executive Officer Keith Sherin said that the General Electric Co unit no longer met the criteria for a "systemically important financial institution."

Apr 1, 2016

China's Anbang abandons $14 billion bid to buy Starwood Hotels

The surprise withdrawal marks an anticlimactic end to a bidding war that had pitted Marriott's ambitions to create the world's largest lodging company.

Apr 1, 2016

UK steel crisis: Sajid Javid says nationalisation not the solution as calls for a bail out grow

A petition calling on Cameron to act to protect our steel industry has been launched by Corbyn.

Mar 31, 2016

Allianz to sell $5 billion life insurance portfolio in Italy: Reuters sources

Europe's biggest insurer has picked Goldman Sachs to run the sale of the closed life policies, which no longer accept new business.

Mar 31, 2016

Twenty-First Century interested in Paramount deal: Source

The company would be interested in exploring a deal that would create synergies for Paramount but not in being a pure financial investor.

Mar 31, 2016

Steel crisis: Tatas impact on Britains steel industry in numbers

Steel giant is set to sell its UK business, meaning 4,000 jobs could go at Port Talbot plant in Wales.

Mar 30, 2016

Vodafone moves ICJ on retrospective tax, non appointment of 3rd arbitrator

The move indicates a rejection of one-time settlement offer to pay tax on principal only, waiving interest and penalties.

Mar 30, 2016

Boeing will cut over 4,500 jobs by mid-2016

The company will layoff 4,000 people in the commercial airplanes division and 550 people in the flight and lab tests division.

Mar 30, 2016

Tata Steel crisis: Community Union calls for support from UK government

Tata Steel crisis: Community Union urges David Cameron to intervene

Mar 30, 2016

Mallya proposes to repay Rs 4,000 crore of his dues

The lender-bank consortium that has accused him of defaulting Rs 6630 crore, will be paid Rs 4,000 crore by Sep. 31, he says.

Mar 30, 2016

IKEA acquires land worth Rs 214 crore from Rallis India

The transaction is subject to IKEA receiving all required approvals from the regulatory authority.

Mar 30, 2016

GE to sell $1.4 billion US hotel franchise loan portfolio

GE said it would also sell to an unnamed buyer its business that provides financing to Canada's hospitality and restaurant industries.

Mar 30, 2016

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Companies

IndiGo hiking domestic ticket cancellation charge drives up stock

India's UltraTech buys Jaiprakash cement plants in new $2.4 billion deal

Boeing takes spare-part making from Spirit AeroSystems

GE Capital asks US Govt to lift 'too big to fail' designation

China's Anbang abandons $14 billion bid to buy Starwood Hotels

UK steel crisis: Sajid Javid says nationalisation not the solution as calls for a bail out grow

Allianz to sell $5 billion life insurance portfolio in Italy: Reuters sources

Twenty-First Century interested in Paramount deal: Source

Steel crisis: Tatas impact on Britains steel industry in numbers

Vodafone moves ICJ on retrospective tax, non appointment of 3rd arbitrator

Boeing will cut over 4,500 jobs by mid-2016

Tata Steel crisis: Community Union calls for support from UK government

Mallya proposes to repay Rs 4,000 crore of his dues

IKEA acquires land worth Rs 214 crore from Rallis India

GE to sell $1.4 billion US hotel franchise loan portfolio

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]