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Huawei P8 Release Date; Invites Sent Out For April 15; Fingerprint Scanner, OIS Camera In The Books

'Make in India' Scheme: Huawei Invests $170 mn in R&D Facility in Bangalore

Huawei has opened its largest R&D center in Bangalore, which is expected to seat 5,000 employees. Feb 6, 2015
Kamov KA - 52

Russia will Add 200 New Aircraft to Defense Arsenal to Maintain Higher Operational Readiness

With the NATO encroachment reaching Russian borders, the world's largest country has decided to enhance its air superiority by inducting 200 new aircraft, including the Sukhoi Su-35 (Flanker) aircraft and a range of helicopters. Feb 5, 2015
SpiceJet Airlines

SpiceJet Announces Special Offer for Valentine's Day; One-way Ticket Starts at ₹1,599

The scheme is available on all domestic routes and onward flights on SpiceJet network on first-come-first-serve basis. Feb 4, 2015
AirAsia India launched a week-long sale offering one-way tickets prices as low as Rs 699 including taxes.

AirAsia India Planning To Launch Red-Eye Flights; Fares May Go Down

AirAsia India is planning to launch red-eye flights. Feb 4, 2015
airasia-india-venture-to-break-even-in-december-later-than-they-expected

AirAsia India To Break-Even by May/June: CEO

AirAsia India is expected to break-even by May/June. Feb 3, 2015
ONGC

Modi Gets Cracking on State-Owned Institutions to Spend $19bn Cash Hoard

The Modi government has gone after state-owned entities, sitting on piles of cash, to deploy the asset into capital expenditure and to increase overseas investments. Feb 3, 2015
Chris Urmson, director of Google's self-driving car project

Google Developing Uber Competitor, to Enter Ride-Sharing Business Soon

Google emerges as the most significant threat to Uber. Feb 3, 2015
Mukesh Ambani

Reliance, Bharti, Aditya Birla Apply for India's Payments Bank Licence

Some of India's largest business houses and a few obscure names have applied for the payments bank licence with the RBI. Feb 3, 2015
ONGC

Govt to Opt for More PSU Stake Sale in Feb and March, Hopes to Raise ₹43,425 crore to Meet Disinvestment Target

The government is expected to see ONGC, IOC and NHPC share being sold in the next two months to help fund the fiscal deficit. Jan 31, 2015
Oil storage tanks

India to Commission 5-mt Underground Oil Storage Reserves by October

The Indian Government is expected to commission a 5 million tonne underground storage facility. Jan 31, 2015
Indian Worker

Budget 2015: Indian Economy to Record 5.5% Growth in 2015, Says Report

A research report sees the Indian economy expanding by 5.5% in 2015, owing to the fall in crude oil prices and interest rates. Jan 30, 2015
Coal being unloaded

Coal India OFS Scrapes Through, Oversubscribed By 1.04 Times Minutes Before Closure

Retain investor segment saw just 42.5% subscription, while non-retail portion was oversubscribed by 1.2 times. Jan 30, 2015
HCL Technologies

HCL Posts 28% Increase in Profits, Issues 1:1 Bonus Share; Shares Hit 52-week High

HCL Technologies saw employee strength cross one lakh mark; and declared interim dividend of ₹8 per share Jan 30, 2015
No-frills airline SpiceJet

SpiceJet Approves Transfer Of Maran's Entire Stake of 58.46% to Ajay Singh; Marans Out of Company's Board

Kalanithi Maran is to be allotted 37.5 lakh non-convertible cumulative redeemable preference shares Jan 30, 2015
Tigerair

Tigerair Calls Off Passenger Swapping Agreement with SpiceJet

The Singapore-based low-cost air carrier cited unsatisfactory business outcome to terminate the one-year-old agreement. Jan 29, 2015
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