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IndiGo

Bureau of Civil Aviation Security suspends IndiGo's security training licence

The licence suspension would result in additional cost for the carrier as it would have to outsource its training programme now. Feb 5, 2017
Warburg Pincus buys Accelya

Warburg Pincus acquires airline services group Accelya; Dubai-based Mercator and Accelya to merge

The combined entity of Accelya and Mercator will have annual revenues of $200 million with more than 400 clients worldwide, including 250 airlines. Feb 5, 2017
India industry

Nasscom demands 50-75 bps rate cut from RBI-MPC to boost credit growth

Industry experts are expecting at least 25 bps rate cut after Arun Jaitley reaffirmed the government's commitment towards fiscal consolidation. Feb 5, 2017
wgc gold demand report 2016, india gold demand, world gold demand trends, india gold jewellery, india gold prices, gold prices in india, gold prices in china, gold ETFs, gold demand in china

Indian gold jewellery demand fell to 7-year low in 2016: WGC

Indian gold jewellery demand in 2016 was 148.3 tonnes lower than 2015 due to multiple factors and marked the biggest yearly decline, says WGC. Feb 4, 2017
NSE national stock exchange ipo listing limit foreign investor investment public issue stocks shares rbl bank ipo

Vikram Limaye will be new MD & CEO of National Stock Exchange

A CA by profession, Vikram Limaye is currently MD & CEO of IDFC; his appointment at NSE will need clearance from Sebi. Feb 4, 2017
India microfinance

Will Bharat Financial merge with IndusInd Bank? Shares of microfinance lender jump over 50% in a month

Bharat Financial clarified to the BSE that it is exploring various options and will make an announcement if any such is approved by its Board. Feb 3, 2017
Can you predict profit warnings?

Can you predict profit warnings?

IBTimes UK expert financial columnist Edmund Shing gives his tips for spotting potential profit warnings Feb 1, 2017
bse sensex, nse nifty, top losers, economic survey 2017, highlights of economic survey 2017, sensex gainers, sensex losers

Sensex, Nifty close sharply higher on FM Arun Jaitley's 'fiscally prudent' Budget

BSE Sensex jumped 485 points to close at 28,141, while NSE Nifty ended 155 points higher at 8,716. Feb 1, 2017
BSE Sensex

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

The move will effectively make it difficult for Indian IT companies to do business in the world's largest software market. Jan 31, 2017
Deutsche Bank

Deutsche Bank to pay $425 million penalty over Russia money laundering 'mirror trades'

The violations of anti-money laundering laws involved Deutsche Bank's branches in Moscow, London and New York. Jan 31, 2017
bse sensex, nse nifty, india, stock markets, asian paints, coal tragedy in jharkhand, coal mines in india

UP Assembly Elections 2017: Are stock markets betting on a BJP win in Uttar Pradesh elections?

Out of the 690 seats at stake in states going to assembly polls 2017 -- Uttar Pradesh (UP), Goa, Manipur, Uttarakhand and Punjab – UP alone has 403 Assembly seats, which is about 60% of total seats Jan 31, 2017
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Sensex, Nifty end with losses as H-1B visa woes drag IT stocks down

Infosys, Wipro, TCS, Zensar, Tech Mahindra plunge after a US Senator introduced a legislation that seeks to toughen H-1B visa rules. Jan 31, 2017
bse sensex, nse nifty, top losers, economic survey 2017, highlights of economic survey 2017, sensex gainers, sensex losers

Sensex, Nifty snap winning streak ahead of Economic Survey 2017; Airtel gains 7.50%

Bharti Airtel gains amid Idea-Vodafone merger talks; upbeat Q3 results by HDFC, Bajaj Finance fail to lift sentiments ahead of Economic Survey 2017. Jan 30, 2017
Piramal Enterprises

Piramal Enterprises acquires spasticity, pain management drugs from UK-based Mallinckrodt for $171 million

The portfolio acquired includes Gablofen, a severe spasticity management product, and two pain management products under development. Jan 30, 2017
New Idea offers for prepaid customers

Vodafone, Idea merger: New entity to change the pecking order of Indian telecom

If the merger happens, the combined Vodafone-Idea entity would have 43% revenue share in the market by FY2018-19 against 33% of Bharti Airtel and 13% of Reliance Jio. Jan 30, 2017
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