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Companies

Spicejet shares surge 320% this year on turnaround to profits

In contrast, shares of Jet Airways have gained 24% so far this year. Nov 24, 2015

Heads of top multinational companies pledge support for UN climate deal

The COP21 conference will see leaders of nearly 200 countries meet to finalise a global agreement on climate. Nov 24, 2015

Warburg Pincus rounds up $12 billion in latest phase of fundraising

Warburg Pincus Private Equity XII completed fundraising in just six months. Nov 24, 2015

U.S politicians condemn tax-avoiding Pfizer-Allergan deal

Republican front-runner Donald Trump, who has called for a corporate tax overhaul, called the deal disgusting. Nov 24, 2015

Bupa to invest Rs 191 crore in Max Bupa to boost stake

The deal is expected to come into force once all regulatory clearances have been sought. Nov 23, 2015

E-commerce startups to cut more jobs as US Fed rate hike nears

Growing expectations over rate hike next month is making foreign investors seek safe-haven investments. Nov 23, 2015

Infosys Foundation sets up faculty chairs in 8 institutions in India

It will encourage research, offer advanced training, support student, faculty exchange programmes in India and abroad. Nov 23, 2015

Pfizer to buy Botox-maker Allergan; key details of the deal

The deal is worth more than $150 billion. Nov 23, 2015

U.S. oil prices fall by more than 3% on strong dollar, oversupply

The fall was part of a wider decline in commodities stoked by worries over faltering demand from China. Nov 23, 2015

Walmart takes Cyber Monday forward to Sunday, expects record industry sales

It will launch 2,000 online-only specials on 29 November, up from 500 such deals last year. Nov 23, 2015

Air India sells 9 Dreamliner planes to repay debt

In a similar agreement earlier, the airline had sold 12 Dreamliners and leased them back. Nov 23, 2015

Takeover deals worth $5 billion-plus touch record number of 128 this year

The week's biggest M&A deal was a $13.4 billion tie-up between France's Air Liquide and U.S. peer Airgas. Nov 22, 2015

French cognac makers step up U.S. efforts as sales decline in China

Producers of the drink now need to reach other groups to help fill the space left by China. Nov 22, 2015

VW denies report of declining sales after emission scandal

Feedback from representatives of various dealerships paints a different picture, says VW. Nov 22, 2015

Taj Hotels to end management contract for 2 Gateway Hotel properties

The Indian Hotels Company said it will continue managing the two properties as previously agreed until 9 May 2016. Nov 22, 2015
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