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Finance

Solar power plant

293 Firms Commit to 266 GW of Renewable Power at Inaugural RE-Invest Conference

Many of the companies have expressed an interest to set up a factory shop to create the necessary infrastructure in India. Feb 15, 2015

CBI Arrests Deccan Chronicle's T Venkattram and Vinayak Ravi over Criminal Conspiracy Charges

CBI arrested Deccan Chronicle's Reddy brothers over charges of defrauding banks and financial institutions for thousands of crores. Feb 15, 2015
A coal mine in India

Coal Auction: GMR and Reliance Cement Emerge Winners on Day One

The coal block auction was kicked off on Saturday. The auction saw considerable interest from major infrastructure-related companies. Feb 15, 2015
GE

'Make in India': PM Inaugurates GE's First Manufacturing Plant in India

Inaugurating GE's first manufacturing plant in the nation, PM Modi invited the company to build ships in India Feb 14, 2015
Reserve Bank of India (RBI)

RBI Moves Supreme Court to Restrain Sahara Group Firm From Selling Assets

The RBI said that it wanted to ensure that depositors of Sahara India Financial Corporation are not affected as a result of the group's efforts to secure Roy's bail Feb 14, 2015
Suzlon

Sun Pharma's Dilip Sanghvi to Invest $290 Mn in Tulsi Tanti's Suzlon

The wind turbine maker would see funds infusion to the tune of 1,800 crore by Dilip Sanghvi through his personal investment firm. Feb 14, 2015
Snapdeal

Snapdeal Valuation Pegged at $5 bn, Could Raise $400 Million from Investors

The online marketplace is looking at raising $400 mn in investment Feb 14, 2015
Israeli Defense Minister Moshe Ya'alon

Israeli Defence Minister to Visit Bangalore Aero India Exhibition

Israeli defence minister Moshe Ya'alon would visit India to further the defence relationship. Feb 13, 2015
Apache Attack Helicopter

Boeing Asks India to Confirm Helicopter Deal Worth $2.5bn, Warns Govt of Price Rise

Boeing asked the Indian Government to finalise the helicopter deal which would see Apache attack and Chinook heavy-lift helicopters, at a reported cost of $2.5bn, which could rise if the deal continues to hang. Feb 13, 2015
SpiceJet Airlines

First Tranche of Funding 'Imminent', Restructuring in Full Swing: SpiceJet COO

SpiceJet's COO said the airline's turnaround is progressing as per the new business plan, with the first tranche of funding to be made available soon. Feb 13, 2015
U.S. Treasury Secretary Jack Lew (R) shakes hands with India's Finance Minister Arun Jaitley

Budget 2015: Sensex Up 860 Points in 4 Days; Markets Cheer Jaitley's Assurance On Reforms

The pre-Budget rally is taking indices to record highs, expecting positive announcements Feb 13, 2015
Jet Airways

Jet Airways Valentine's Day Offer: Discounted Airfares on International Routes

Jet Airways has launched its Valentine's Day discounted fares for two or more people travelling to Europe, North America and East Asia. Feb 13, 2015
SpiceJet

SpiceJet Posts ₹275 Crore in Losses in Q3; Recapitalisation will Help Turn Around, says CFO

The airline posted poor Q3 results after facing severe turbulence which saw the management change hands, and new funds being infused into the beleaguered airline. Feb 13, 2015
Sahara India Chief Subrato Roy

Sahara Readies Legal Action against Mirach Capital over Deal Collapse

Allegations fly on both sides over collapse of the deal necessary to secure Sahara India's chief Subrato Roy and two other executives. Feb 13, 2015
Mumbai Dockyard

Pipavav Defence Denies Plans to Sell Stake to Mahindra

A report had claimed that it is planning to sell stake for ₹3,500 crore Feb 12, 2015
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