Companies

Fairfax Financial Holdings Ltd.

Fairfax Financial to raise $536.42 million via equity issuance

The deal is set to take Fairfax's stake in the insurer up to 35 percent.

Feb 23, 2016

Honeywell International

United Tech says a deal with Honeywell would face major challenges

Merger discussions between the two US-based multinationals are not currently active.

Feb 23, 2016

Infosys

Infosys eyes 16% revenue growth next fiscal

Industry body Nasscom, however, cut its growth estimate for the sector to 10-12 percent for the next fiscal amid growing macroeconomic uncertainty and currency fluctuations.

Feb 22, 2016

Reliance communication advertisment

CCI okays RCom's acquisition of Sistema's Indian telecom unit

Sistema Shyam Teleservices Ltd, a unit of Russia-based Sistema, operates under the MTS brand in India.

Feb 22, 2016

Cigarette

Budget 2016: Concerns over excise duty hike for cigarettes weigh on ITC shares

ITC is already struggling with slowing growth in cigarette volumes.

Feb 22, 2016

Meru Cabs

Meru Cabs expects to raise Rs 1,371 crore in 2 years

During FY15, Meru Cabs clocked Rs 280 crore in operating revenues and a net loss of Rs 3.3 crore.

Feb 22, 2016

Telecom Towers

Reliance Jio will roll out 4G services in later half of 2016: Mukesh Ambani

Reliance Jio is expected to cover 80 percent of the country's population by end of 2016.

Feb 22, 2016

Ratan Tata

Tata criticises older Indian airlines as competition heats up

Ratan Tata, in a tweet, accused established Indian airlines of trying to monopolise the domestic aviation market.

Feb 22, 2016

AT&T to invest $10 billion to bolster global enterprise services

AT&T said it expects its overall capital expenditure in 2016 to total $22 billion.

Feb 22, 2016

Volvo recalled cars

Volvo recalls 59,000 cars over software fault

Around 24,000 of the cars were sold in Sweden.

Feb 21, 2016

Neerja

Will 'Neerja' be successful at the box office for Fox Star Studios?

The film starring Sonam Kapoor is based on the life of flight pursuer Neerja Bhanot of Pan Am 73 flight, which was hijacked in Karachi.

Feb 20, 2016

NTPC

NTPC's production cost may go up 10% on new emission standards

The rise in production cost could increase the customers' power bill by 50-60 paise per unit.

Feb 20, 2016

Yahoo, under fire by investors, takes steps for possible sale

Yahoo advisers started working on the sale process on Friday, people familiar with the matter said.

Feb 20, 2016

Patanjali products

Patanjali is India's top brand for third straight week, pipping Cadbury and Colgate

The company, endorsed by Indian yoga guru Ramdev, makes consumer products.

Feb 19, 2016

Civil Aviation

Ministers meet to discuss new civil aviation policy; 5/20 rule may be scrapped

The new civil aviation policy is expected to be finalised soon.

Feb 19, 2016

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