Larsen & Toubro, L&T, L&T profit, L&T quarter profit report, L&T shares, L&T Q4 report, L&T net profit, business news, india news, latest news
July 30, 2016 4:31 am

L&T shares on Friday closed down 1.2 per cent at Rs 1,558 each on the BSE, ahead of the earnings announcement.

vijay mallya, mallya, vijay mallya debt, vijay mallya loan default, Enforcement Directorate, ed vijay mallya case, vijay mallya extradition, business news, india news
July 30, 2016 3:53 am

The ED, which is investigating the alleged Rs 900 crore bank loan default case against Mallya, can now attach his properties across the country including those which are not connected to this case.

tata sons, ntt docomo, docomo, tata docomo, tata docomo lawsuit, docomo case, tata docomo compensation, tata docomo case compensation, delhi high court, rbi, rbi tata docomo money, business news, india news, latest news
July 30, 2016 3:49 am

Delhi High Court has given time till Aug 30 for both parties to resolve outstanding issues

DHFL, Dewan Housing Finance Ltd, Mortgage lender, DHFL to raise cash, DHFL to raise money, Buisenss news, latest news, India news
July 30, 2016 1:44 am

The housing finance firm will be issuing secured redeemable NCDs of face value of Rs 1,000 each aggregating up to Rs 4,000 crore, the company said in a statement.

Wipro, Wipro, IT services exporter, Wipro IT services, Wipro profit, business news, economy news
July 29, 2016 5:53 pm

The programme that offers 300 scholarships in Karnataka,will be rolled out in 2016-17, the company said.

icic results, icic quarterly results, icic news, banking news, business news, icic bank q1 results, icici q1 results, india news, icic quarter results
July 29, 2016 5:48 pm

On standalone basis, its net profit was down 25 per cent to Rs 2,232 crore as against Rs 2,976 crore in the first quarter (April-June) of the 2015-16 fiscal.

vijay mallya, mallya, vijay mallya news, proclaimed offender, vijay mallya proclaimed offender, liquor baron, kingfisher
July 29, 2016 4:58 pm

Justice P S Teji refused to quash the summons issued to Mallya and said the trial court order cannot be termed as unsustainable or illegal or abuse to the process of law and no ground is made out to set aside the same.

DHFL, Dewan Housing Finance Ltd, Mortgage lender, DHFL to raise cash, DHFL to raise money, Buisenss news, latest news, India news
July 29, 2016 4:37 am

Fosun Pharma will acquire 86 per cent of Gland Pharma and a definitive agreement has been signed for the deal, the KKR-backed Indian firm said in a statement.

Japan SoftBank Group, SoftBank Group, SoftBank investments in India, Snapdeal, Ola, SoftBank quarterly report, india news
July 29, 2016 4:18 am

SoftBank has been one of the bullish investors in the Indian ecommerce and start-up segment.

hero-small
July 29, 2016 4:05 am

Promoters own 34.64 per cent stake in the company as on quarter ended June, according to information available on the BSE. Shares of Hero MotoCorp ended down 0.35 per cent at Rs 3,192.30 on the BSE on Thursday.

toyota diesel ban, diesel cars ban, india diesel car ban, business news, diesel car ban news, india news, latest news, latest news
July 28, 2016 5:37 pm

On December 11, 2015 the tribunal had banned registration of new diesel-run vehicles in Delhi-NCR noting that diesel was the prime source of pollution.

GSK pharma growth, gsk growth, glaxosmithkline growth, glaxo smith kline growth, gsk pharma, pharma news, pharma growth
July 28, 2016 4:59 pm

The company had posted a net profit of Rs 94.01 crore for the same period year ago, GlaxoSmithKline Pharmaceuticals said in a BSE filing.

Volkswagen, Volkswagen AG, Volkswagen AG US settlement, US diesel emissions, US diesel emissions cheating scandal, Volkswagen AG emissions cheating scandal, emissions cheating scandal, US news, latest news, World news, international news,
July 28, 2016 3:39 pm

The group obtained provisional approval in July for a $14.7 billion settlement to US buyers of some Audi and Volkswagen diesel vehicles, putting one important element of the fallout behind it.

Sunil Kant Munjal and Akshay Munjal in Ludhiana on Thursday.  (IE photo: Gurmeet Singh)
July 28, 2016 11:40 am

Sunil Manjal's tenure as Joint Managing Director ends on August 16.

Flipkart, e-commerce, Flipkart valuation, Flipkart investors, Flipkart fundraising, venture capital, online retail Flipkart, India news,Companies
July 28, 2016 2:40 am

Several of Flipkart’s other investors such as Morgan Stanley, Valic Co I, T Rowe Price and Vanguard have reduced the e-tailer’s valuation over the last six-to-seven months.

airtel profit dips, airtel in loss, bharti airtel, airtel q1 loss, bharti airtel internet plans, airtless 3g, airtel 4g, airtel internet services, airtel internet, airtel internet services, economy news, business news
July 27, 2016 6:51 pm

Total consolidated income from operations of Airtel in the reported quarter increased by 7.9 per cent to Rs 25,572.9 crore from Rs 23,680.8 crore in the year-ago period.

Sahara group, sahara loses 1.3 billion, sahara overseas hotels, grosvenor house, park plaza, sahara overseas hotel suitors, business news
July 27, 2016 4:03 pm

A consortium of family office investors has made the offer to acquire Sahara group's majority stake in the three marquee hotel properties.

jabong, myntra, flipkart, jabong flipkart deal, jabong myntra deal, jabong valuation, jabong value, flipkart jabong deal, myntra jabong deal
July 27, 2016 10:56 am

Acquisition of Jabong is the eighth for the Flipkart Group since 2010, including that of Myntra in 2014 for $300 million.

maruti-suzuki-759
July 27, 2016 2:03 am

The higher profits were on the back of a huge jump in other income, which increased by 134 per cent to Rs 483 crore during the period on a yearly basis.

July 26, 2016 8:14 pm

"A sharp focus on capital efficiency, innovation and customer centricity defines this year's Super 50 companies," said Forbes India Editor Sourav Majumdar said.

Maruti, Maruti Suzuki, Maruti sales, Maruti profiles, maruti Q1 profit, Maruti quarter 1 profits, maruti first quarter profits, business news
July 26, 2016 5:27 pm

Maruti's results are increasingly important to parent Suzuki as the Japanese company recovers from an emissions testing scandal at home.

Nita Ambani, Nita Ambani security cover, Ambani security, Ambani VVIP security, Nita Ambani govt security, Nita Ambani Y category security, news, india news, reliance news, latest news
July 26, 2016 9:27 am

Nita Ambani security cover: Officials said about ten armed men will be travelling with her every time she is mobile.

Untitled-9
July 26, 2016 2:21 am

Quikr reported a revenue of R24.78 crore for the year ended March 2015, while its net loss was R446 crore, according to a filing with the Registrar of Companies.

journalist extortion case, supreme court on journalist extortion case, Sudhir Chaudhary, Sudhir Chaudhary extortion case, Samir Ahluwalia, Samir Ahluwalia extortion case, india news
July 26, 2016 2:16 am

PACL Ltd and its promoters and directors, including Nirmal Singh Bhangoo, have been embroiled in a legal battle for their alleged failure to refund Rs 49,100 crore to investors, an amount collected through chit funds schemes.

canara bank, canara bank q4 results, canara q4 profits, canara bank quarterly results, business news, banking news, india news
July 26, 2016 1:49 am

The bank’s provisions and contingencies rose to Rs 1,492.92 crore in the April-June quarter from Rs 1,359.73 crore in the same period a year ago.

bank of baroda, Bank of Baroda (BoB) forex scam, BOB scam, CBI, economy news, india news
July 25, 2016 4:58 pm

Bank of Baroda said it has implemented a comprehensive corrective action plan, to strengthen internal controls and to ensure that such incidents do not recur.

Ericsson CEO sacked, Ericsson, poor quarterly results, Ericsson shares rise, Ericsson CEO sacked, Ericsson news, business news, companies news
July 25, 2016 4:06 pm

Hans Vestberg had come under fire in recent months, with Swedish media questioning his leadership and pay, particularly after weak quarterly results.

Vijay mallya, vijay mallya banks, vijay mallya supreme court, sc vijay mallya, vijay mallya loans, vijay mallya loan case, latest news, india news
July 25, 2016 11:11 am

The plea was moved by a consortium of banks led by State Bank of India.

vijay mallya, mallya, vijay mallya debt, vijay mallya loan default, Enforcement Directorate, ed vijay mallya case, vijay mallya extradition, business news, india news
July 25, 2016 12:29 am

Owing to the revised norms, the Sebi claimed, P-Notes made up for just 9.2 per cent of total foreign investment inflow in May 2016, against over 55 per cent in 2007.

Reliance, BP plc, Reliance-BP plc, RIL, Reliance industries, Reliance-BP KG D6, offshore KG D6 block, Reliance gas, natural gas, business news
July 24, 2016 6:19 pm

The fields, which began gas production in April 2009, hit a peak output of 69.43 million standard cubic meters per day in March 2010 before water and sand ingress shut down well after well.

Himalaya, Himalaya drug company, Himalaya health and personal care, himalaya scale up, business news
July 24, 2016 5:54 pm

The Rs 2,000-crore company launched sales through its online portal himalayahealthcare.com in 2008, which it subsequently rebranded to himalayastore.com.

essar, essar oils, Rosneft, Rosneft essar deal, Rosneft essar oil deal, essar Rosneft deal, prashant ruai, business news, india news
July 24, 2016 4:08 am

With this transaction, Rosneft will gain access to the Essar-operated Vadinar refinery, the second largest single site oil refinery in India.

ITC, ITC multinational corporation, ITC future ambitions, ITC news, ITC expansion news, ITC future plans, YC Deveshwar, Latest news, India news
July 23, 2016 4:26 am

We are not satisfied with where we are and because it is the constructive force of dissatisfaction which gives you the energy to move forward, says ITC chairman chairman YC Deveshwar.

Vedanta, Vedanta Merger with Cairn, Cairn India, Cairn Merger with India, Cairn in Rajasthan, Cairn and Vedata deal, India business news, Latest news, India news
July 23, 2016 3:56 am

Merger of Cairn India with Vedanta was announced in July last year

unilever1-reuters-480
July 22, 2016 11:42 am

HUL said the deal envisages transfer of the brands and inventory for a consideration of Rs 25 crore.

starbucks, tata starbucks, starbucks india, starbucks coffee, india coffee starbucks, india coffee Seattle, india coffee starbucks, business news, world news
July 22, 2016 8:41 am

Starbucks, which recently raised prices on some drinks, committed to increasing base pay for about 150,000 US baristas and managers starting October 3.