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Companies

Hewlett Packard HP Mphasis

Blackstone outbids Apollo Global in race to buy Hewlett Packard Enterprise stake in Mphasis: Report

The deal to acquire Hewlett Packard Enterprise's stake is valued at about $1 billion, the Economic Times reported. Mar 17, 2016
Qatar Airways

Qatar Airways restates desire to buy IndiGo stake, alleges 'unfair' treatment by India

Akbar Al Baker, Qatar Airways CEO said his airline could not invest in Indigo's IPO due to time constraints. Mar 17, 2016
GM Cotton Monsanto

'Not Scared' of Monsanto leaving India, says minister of state on GM seed issue

Minister of State for Agriculture Sanjay Kumar Balyan said the government is correcting an earlier mistake of allowing a "foreign company to dictate" cottonseed prices. Mar 17, 2016

China's ZTE delays annual results after US restrictions

ZTE's board meeting would also be postponed, while its Hong Kong-listed shares would continue to be suspended, it added. Mar 17, 2016
IB Times

JPMorgan, Citi shareholders to vote on potential breakup plans

Citigroup included the question in a proxy statement it filed on Wednesday for its annual meeting next month. Mar 17, 2016
Tata Motors high mobility truck

Tata Group aerospace and defence revenues estimated at Rs 2,650 crore in FY2016

In five years, the group's A&D sector has grown at a compound rate of 18 percent, Tata Sons' Mukund Rajan said. Mar 16, 2016
Startups in India

Nasscom opens facility in Vizag to nurture budding start-ups

Aiming to boost the start-up ecosystem in India, the facility would provide co-working space for start-ups to be incubated for a period of six months. Mar 16, 2016
Air India operating profit

Air India to post operating profit for first time since 2007 merger

In the previous year, the company posted an operating loss of Rs 2,636 crore. Mar 16, 2016

China's ZTE Corp to appeal US export restrictions: Source

How long the appeals process might take remains unclear. Mar 16, 2016

FCC likely to circulate draft order approving Charter-Time Warner Cable merger: WSJ

The order, which could be circulated as soon as this week, would levy some conditions on the deal. Mar 16, 2016
Oracle Corp

Oracle profit beats expectations; share buyback boosted by $10 billion

Revenue from Oracle's cloud-computing software and platform service, rose 57 percent to $583 million. Mar 16, 2016
Lupin launches dementia drug in U.S

Lupin shares hit hard over USFDA's observation on Goa plant

Lupin's Goa plant contributes 20 percent of the company's total revenues and 40 percent of its U.S. revenues. Mar 15, 2016
Cairn India

Cairn Energy gets $4.4 billion tax demand by India

The income tax demand notice served on Cairn Energy Plc includes back-dated interest of $2.8 billion. Mar 15, 2016
Bombay Stock Exchange building

Infibeam becomes first Indian e-commerce company to go public; aims raising Rs 450 cr

The company has fixed the price band at Rs 360 to Rs 432 per share and the issue will remain open from March 21-23. Mar 15, 2016
Larsen & Turbo

L&T bags projects worth Rs 1, 672 crore

The company has reportedly received multiple building and power & distribution contracts. Mar 15, 2016
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