Finance

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

all-efforts-on-to-make-india-open-for-business-jayant-sinha

India Poised to Become $5 Trillion Economy by 2025: Jaitley Deputy

It's a great time to invest in India, according to him.

Jan 30, 2015

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

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 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

Zomato Acquires Turkish Restaurant Search Portal Mekanist; Seventh Acquisition in 6 Months

Zomato continues with its buying spree, picks up Turkey's Mekanist for an undisclosed sum, expanding its footprint in the bridge between Asia and Europe.

Jan 29, 2015

Olacabs to Buy Rival TaxiForSure for $200 mn to Take on Uber

Taxi aggregator Olacabs bought rival TaxiForSure to help take on the might of US-based Uber and also to rationalise costs.

Jan 29, 2015

Coal India: 10% Stake Sale on Friday to Raise ₹24,000 Crore; Shares Slide by 5%

The government has decided to divest almost 10% of its share holding in Coal India, to help mop-up almost ₹24,000 crore to help manage the fiscal deficit at 4.1%

Jan 29, 2015

Airlines Announce Discounted Fares to Tide over Lean Season; Lakhs Of Tickets go on Sale

In a bid to pull in more customers over the lean season, airlines have dropped airfare to gain more customers to improve load factor.

Jan 29, 2015

Former Indian Government under UPA Wanted to Tap Vodafone Calls, Messages

Vodafone Tax Case: Centre Not to Appeal Against Bombay High Court Order

The Narendra Modi government has decided not to appeal against the Vodafone tax case, which was decided by the Bombay High Court in favour of the mobile company.

Jan 28, 2015

TCS Bets High on Digital Vertical, Eyes $5bn in Revenues

TCS expects the digital vertical to bring in as much as $5bn in revenue, as it sees all businesses gradually move towards digitization, hires 1,500 experienced professionals.

Jan 28, 2015

Govt to Sell Stake in ONGC this Fiscal: Oil Minister Dharmendra Pradhan

The Narendra Modi government is going ahead with the stake sale of ONGC in the current fiscal, said oil minister Dharmendra Pradhan.

Jan 28, 2015

SpiceJet Supersale: Airline Offers 5 Lakh Seats with Fares Starting from ₹1,499

The budget airline indicated its return to the deep-discount air ticket frenzy, offering 5 lakh seats with fares starting from ₹1,499

Jan 28, 2015

IBM Job Cuts to Affect 5,000 Employees in India: Report

IBM's India operations have 1.3 lakh employees, accounting for over a quarter of its global workforce.

Jan 28, 2015

Apple Beats Samsung As The Global Smartphone Leader, Gartner Shows In Numbers

Apple Records Highest Quarterly Profit in History as iPhone Sales Zoom

Apple posted the highest recorded quarterly profit ever at $18bn owing to strong iPhone sales.

Jan 28, 2015

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Finance

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

India Poised to Become $5 Trillion Economy by 2025: Jaitley Deputy

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

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

Tigerair Calls Off Passenger Swapping Agreement with SpiceJet

Zomato Acquires Turkish Restaurant Search Portal Mekanist; Seventh Acquisition in 6 Months

Olacabs to Buy Rival TaxiForSure for $200 mn to Take on Uber

Coal India: 10% Stake Sale on Friday to Raise ₹24,000 Crore; Shares Slide by 5%

Airlines Announce Discounted Fares to Tide over Lean Season; Lakhs Of Tickets go on Sale

Vodafone Tax Case: Centre Not to Appeal Against Bombay High Court Order

TCS Bets High on Digital Vertical, Eyes $5bn in Revenues

Govt to Sell Stake in ONGC this Fiscal: Oil Minister Dharmendra Pradhan

SpiceJet Supersale: Airline Offers 5 Lakh Seats with Fares Starting from ₹1,499

IBM Job Cuts to Affect 5,000 Employees in India: Report

Apple Records Highest Quarterly Profit in History as iPhone Sales Zoom

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]