Markets

HDFC Bank shares spurt on RBI lifting cap on foreign ownership

With the foreign ownership of HDFC Bank falling below the 74 percent limit, FPIs/FIIs can again buy shares of the bank.

Feb 17, 2017

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Cadila Healthcare gains 20% on positive observation by US FDA; pharma stocks rally

Cadila Healthcare zooms 20 percent over no observation (form 483) at its Moraiya plant by US FDA; Sun Pharma, Infosys, lead Sensex rally.

Feb 16, 2017

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Nasscom could give a projection of 6-8% for FY 2018, says Nirmal Bang; TCS to consider share buyback

India's IT services lobbying body Nasscom has cited global uncertainty and Trump policies to defer projections for FY 2018.

Feb 16, 2017

Rakesh, Rekha Jhunjhunwala sell 4.2 million shares of Intellect Design Arena

Intellect Design Arena shares close almost 10 percent lower on Wednesday in response to bulk sale by Rakesh Jhunjhunwala and his wife Rekha.

Feb 15, 2017

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Tata Motors shares fall 10% over disappointing Q3 results; weakness to persist for 3-4 quarters

Net profit of Tata Motors for Q3 plunged 96 percent YoY to Rs 112 crore, causing its share price to drop sharply.

Feb 15, 2017

Toshiba shares plunge on Nikkei amid fears of huge loss, uncertain future; chairman quits

Toshiba surprises markets by postponing its quarterly results amid reports that it may issue a warning to shareholders that its future is in jeopardy.

Feb 14, 2017

Navi Mumbai airport: GVK wins bid to build spanking Rs 16,000-crore Mumbai airport

GVK currently operates India's first brownfield and greenfield airports as Chhatrapati Shivaji airport in Mumbai and Kempegowda airport in Bengaluru.

Feb 14, 2017

Dutch brewer Heineken acquires Brasil Kirin Holding for $704 million

Heineken said it will become the second largest beer company in Brazil after acquiring Brasil Kirin, which has 9% market share in the country.

Feb 13, 2017

Reliance Defence inks pact to repair US Navy's Seventh Fleet warships

The deal with the US Navy is estimated to bring in high-potential business for Reliance Defence.

Feb 13, 2017

Infosys CEO Vishal Sikka says Indian jobs to be worst impacted by automation

Speaking at an investor conference, Sikka completely played down the tussle between the Infosys board and certain founders.

Feb 13, 2017

Oil ministry seeks details from ONGC over allegations that it overpaid Videocon for stake in Mozambique gas field

In 2013, ONGC Videsh Ltd had acquired Videocon Group's 10% stake in Offshore Area 1 for $2.48 billion.

Feb 12, 2017

Three ways to improve the returns on your cash ISAs

IBTimes UK expert financial columnist Edmund Shing gives his tips on getting better returns on your individual savings accounts (ISAs).

Feb 10, 2017

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India's foreign exchange reserves increase by $1,500 million; select stocks hit 52-week high

Rising for the fourth straight week, India's foreign exchange reserves stood at $363.14 billion as of February 3, 2017.

Feb 10, 2017

Airbnb eyeing to acquire Montreal-based rental startup Luxury Retreats International

Luxury Retreats, which would be Airbnb's largest acquisition, is a profitable venture and generates about $150 million in gross bookings a year.

Feb 10, 2017

Infosys hires law firm to review its simmering corporate governance issues

Some Infosys founders expressed concerns about sharp compensation hike for CEO Vishal Sikka and the severance package offered to ex-executives.

Feb 10, 2017

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Markets

HDFC Bank shares spurt on RBI lifting cap on foreign ownership

Cadila Healthcare gains 20% on positive observation by US FDA; pharma stocks rally

Nasscom could give a projection of 6-8% for FY 2018, says Nirmal Bang; TCS to consider share buyback

Rakesh, Rekha Jhunjhunwala sell 4.2 million shares of Intellect Design Arena

Tata Motors shares fall 10% over disappointing Q3 results; weakness to persist for 3-4 quarters

Toshiba shares plunge on Nikkei amid fears of huge loss, uncertain future; chairman quits

Navi Mumbai airport: GVK wins bid to build spanking Rs 16,000-crore Mumbai airport

Dutch brewer Heineken acquires Brasil Kirin Holding for $704 million

Reliance Defence inks pact to repair US Navy's Seventh Fleet warships

Infosys CEO Vishal Sikka says Indian jobs to be worst impacted by automation

Oil ministry seeks details from ONGC over allegations that it overpaid Videocon for stake in Mozambique gas field

Three ways to improve the returns on your cash ISAs

India's foreign exchange reserves increase by $1,500 million; select stocks hit 52-week high

Airbnb eyeing to acquire Montreal-based rental startup Luxury Retreats International

Infosys hires law firm to review its simmering corporate governance issues

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]