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Finance

Aero India: Israeli Defence Minister's Visit could See India Sign Deals Worth $1.5 Bn

Israel's Defence Minister Moshe Ya'alon would be in India for a two-day visit, coinciding with Aero India show in Bangalore. Contracts worth $1.5 bn are expected to be signed between the two democracies. Feb 17, 2015
Suresh Prabhu

Rail Budget 2015: RFID to Track Locomotives, Wagons, Coaches; WiFi at Major Stations on Cards

CCTV cameras in ladies' coach, digitised land mapping, could also be part of Rail Budget Feb 16, 2015
Road construction in India

Budget 2015: Govt to Double Allocation to ₹45,000 crore to Fast-track Road Projects

The allocation of money is seen as critical to revive the highways sector, which is likely to have a target of constructing about 8,500 km of roads next fiscal, despite inadequate participation by the private sector Feb 16, 2015
Infosys' CEO Sikka speaks during a news conference at company's headquarters in Bangalore

Infosys Buys US-based Tech Firm Panaya for $200 million

The all-cash deal is is the company's first acquisition after Vishal Sikka joined the company last June Feb 16, 2015
cii-hails-railway-budget

Budget 2015: CII Wants Govt to Reform Tax Rules For Investment Trusts

The industry body wants a 'conducive' tax regime to spur growth of such trusts Feb 16, 2015
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
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