Companies

PSU energy firms to set up start-up fund

The fund would create a corpus to invest in new business models in the energy sector and bring efficiency.

Mar 23, 2016

Govt mulling 49% stake sale in Air India: Report

The government may soon form a panel to look at the possibility of a stake sale, Reuters reported, citing NewsRise Financial.

Mar 23, 2016

Infosys in the dock over corporate ethics

Infosys is being questioned for re-appointing an independent director for a third term, against the spirit of corporate governance norms.

Mar 23, 2016

Kingfisher Airlines Vijay Mallya Airbus reduces KFA orders

ED sees political pressure in IDBI Bank's loan to Mallya

ED officials emphasised that after questioning bank officials, they strongly suspect political intervention behind the loan sanction.

Mar 23, 2016

Wal-Mart jumps into milk processing, hits Dean Foods' stock

The move comes with Wal-Mart's profits weighed down by costs to increase wages and invest in its e-commerce operations.

Mar 23, 2016

Edelweiss to buy JPMorgan's mutual fund business in India

The assets under management of JPMorgan Asset Management India were valued at about Rs 7,081 crore.

Mar 22, 2016

Big basket online grocery portals e-commerce startups

BigBasket raises $150M in fresh funding; Abraaj Group, IFC, Sands Capital participate

Bigbasket raised funds to expand even as many similar portals such as Groffers, PepperTap are downsizing.

Mar 22, 2016

Airbus Group may forge some aircraft parts in India

Airbus is in talks with Mahindra & Mahindra and Bharat Forge to get some of its aircraft parts forged in India, the Economic Times reported.

Mar 22, 2016

Bharti Airtel to sell telecom towers in Tanzania

The Rs 1,192 crore deal is expected to be closed in the first half of 2016.

Mar 22, 2016

Petrobras posts record loss as oil price slump forces writedowns

Petrobas had a consolidated net loss of 36.9 billion reais ($10.2 billion) in the fourth quarter, according to securities filing.

Mar 22, 2016

Marriott wins back Sheraton-owner Starwood with new offer

The bidding war for Starwood has pitted Marriott's ambitions to create the world's largest lodging company with about 5,700 hotels.

Mar 22, 2016

HDFC Bank to declare Q4 results April 22

The fourth quarter results of Indian banks will be keenly watched for bad loans, provisioning and rate cuts.

Mar 21, 2016

Investors vie for IDBI Bank's stake: Report

The IFC and CDC Group have been at the forefront of inspecting the bank's assets and liabilities and carry out due-diligence.

Mar 21, 2016

Lafarge India appoints investment bankers to initiate sale of cement units

Bids to buy Lafarge India's 11 million tonnes production capacity are expected from next week, the Business Standard reported.

Mar 21, 2016

Godrej Properties construction real estate

Godrej Properties sets up fund management unit, raises $ 275 million

Godrej Fund Management has raised the money from a group of investors led by Dutch pension fund asset manager APG Asset Management N.V.

Mar 21, 2016

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Companies

PSU energy firms to set up start-up fund

Govt mulling 49% stake sale in Air India: Report

Infosys in the dock over corporate ethics

ED sees political pressure in IDBI Bank's loan to Mallya

Wal-Mart jumps into milk processing, hits Dean Foods' stock

Edelweiss to buy JPMorgan's mutual fund business in India

BigBasket raises $150M in fresh funding; Abraaj Group, IFC, Sands Capital participate

Airbus Group may forge some aircraft parts in India

Bharti Airtel to sell telecom towers in Tanzania

Petrobras posts record loss as oil price slump forces writedowns

Marriott wins back Sheraton-owner Starwood with new offer

HDFC Bank to declare Q4 results April 22

Investors vie for IDBI Bank's stake: Report

Lafarge India appoints investment bankers to initiate sale of cement units

Godrej Properties sets up fund management unit, raises $ 275 million

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