airindia 480
May 6, 2016 8:43 pm

The dues which accrued following the implementation of a new pay structure have been pending since January.

airtel, bharti airtel, airtel shares, airtel stocks, airtel buyback, telecom sector, telecom news, business news, economy news, latest news
May 6, 2016 2:59 am

The deal is among the series of similar transactions in the past few quarters by Bharti to repay part of its loans, majority of which it had taken in 2010 to buy the African operations of Mobile Telecommunications Co, Zain.

paramount-airways-480
May 6, 2016 2:52 am

The company had submitted a plan to re-start the operation with six ATR aircraft in 2013 but the banks wrote to the DGCA asking it to stop the operations of Paramount airlines until the company paid its dues.

While Ranbaxy products cannot be sold in the US, the same drugs continue to be sold in India as standards applied by regulators in the two countries differ. (Reuters)
May 6, 2016 1:40 am

Ex-promoters ‘concealed and misrepresented information’: Singapore tribunal.

NDTV, FEMA, NDTV FEMA violation, NDTV ED notice, NDTV notice, NDTV violates FEMA, Prannoy Roy
May 5, 2016 9:30 pm

NDTV had reported a net loss of Rs 17.21 crore in January-March quarter a year ago, NDTV said in a BSE filing.

Hero MotoCorp, along with its technical partners, has developed several new two-wheeler concepts.
May 5, 2016 6:49 pm

The company had posted a net profit of Rs 476.53 crore during the same period of the previous fiscal.

emami-480
May 5, 2016 6:40 pm

Shares of Emami today settled at Rs 978.55 at BSE, up 1.51 per cent from the previous close.

indian rupee, indian rupee fall, inr, usd, rupee, dollar, us dollar, against us dollar, american dollar, usa, india, business news, economy, market, india news
May 5, 2016 6:15 pm

A debtor could be jailed for up to five years for concealing property or defrauding creditors under the new law. Bankrupt individuals would be barred from contesting elections.

kingfisher airlines, vijay mallya, kingfisher airline hyderabad airport case, hyderabad airport kingfisher airlines debt, mallya hyderabad airport bounce cheque case, kingfisher hyderbad airport bounce cheque case, business news, hyderabad news, india news, latest news
May 5, 2016 4:19 pm

The matter relates to cheques issued by Kingfisher Airlines Ltd to GMR Hyderabad International Airport Ltd which operates the Rajiv Gandhi International Airport, towards charges for using the facilities at the airport for its flights.

Vijay Mallya, mallya ed case, bijay mallya loan case, mallya kinghfisher, mallya loan default, Vijay Mallya passport, vijay mallya ED, mallya passport, passport mallya, mallya news, ED Vijay mallya, MEA vijay mallya, india news
May 5, 2016 2:10 pm

Multiple agencies, including the Enforcement Directorate and CBI, are probing issues related to the massive loan default by Mallya and others.

Flipkart, e-commerce, Flipkart valuation, Flipkart investors, Flipkart value, flipkart holding, flipkart news, india companies, business news
May 5, 2016 1:34 pm

Fidelity Rutland, Valic mark down investment by 32-17.5%

May 5, 2016 2:40 am

Reliance Power will set up a 2 million tonnes a year floating LNG import terminal with a floating storage and re-gasification unit (FSRU) to bring the fuel in ships for firing the power plant.

Flipkart, e-commerce, Flipkart valuation, Flipkart investors, Flipkart fundraising, venture capital, online retail Flipkart, India news,Companies
May 5, 2016 2:14 am

This follows marking down of Flipkart shares by Morgan Stanley in February and, more recently, T Rowe Price lowering the value by 15 per cent.

electricity, electricity in villages, india electricity, power ministry, india power ministry, india news
May 5, 2016 2:05 am

The move will help the Naveen Jindal-led steel-to-power group to pare debt burden. The consolidated debt of JSPL is around Rs 46,000 crore.

emaar-mgf-480
May 4, 2016 4:34 pm

In a statement released, Emaar MGF denied the shops - GF 17A and GF 24 - were leased or bought back by the company from Rahul Gandhi at any time.

airbnb-480
May 5, 2016 9:59 am

With half a million Indians having used Airbnb already (since its inception), India is one of the fastest-growing markets for the company, he added.

amul turnover, amul growth, amul profits, amul milk profits, amul news, india amul profits, india news, business news
May 4, 2016 2:11 pm

The cooperative is looking to raise the capacity by 2020, which will require an investment of about Rs 2,500 crore, Sodhi added.

Sun Pharma, Sun Pharma shares, Sun Pharma shares up, USFDA, USFDA nod, USFDA nod to sun pharma, bromsite, stock, business news, BSE, NSE
May 4, 2016 1:39 pm

Through this agreement, Sun Pharma commits development of Cissampelos pariera (Cipa), a botanical drug, in collaboration with ICGEB, the company said in a statement.

hdfc-480
May 3, 2016 11:46 am

On a standalone basis, the net income rose 40 per cent to Rs 2,607 crore, from Rs 1,862 crore, driven by the one-time income.

Jabong.com, Jabong investment, Rocket internet, Jabong funding, business news
May 3, 2016 1:47 am

While Rocket Internet will underwrite around 100 million euros (about Rs 760.7 crore) of the financing, it will invest around 85 million euros (about Rs 646.7 crore), including the conversion of an existing investment at the terms of the financing.

hdfc-re-480
May 2, 2016 3:00 pm

HDFC's net profit after taxes was Rs 2,646.35 crore in January-March quarter of 2014-15.

Sanjeev Gupta
May 2, 2016 2:33 pm

The commodities trading firm, which emerged as an early front-runner for Wales-based Port Talbot steelworks, had said last week that its team was evaluating the bid.

Hyundai Motor India, Hyundai cars, Hyundai sales, Hyundai increase in sales, business news, india news,
May 2, 2016 12:03 pm

In domestic market, Hyundai sold 42,351 units last month, up 9.7 per cent, compared with 38,601 units a year ago.

maruti profit, maruti motors Q4, maruti Q4 results, business news, india news, latest news
May 2, 2016 3:22 pm

The firm said sales of compact segment, comprising Swift, Estilo, Ritz, Dzire and Baleno increased by 8 per cent to 45,700 units in April as against 42,297 units a year ago.

Indigo Aircraft. Express Photo by Kamleshwar Singh
May 2, 2016 10:26 am

After opening on a weak note, the stock further slipped 6.42 per cent to Rs 1,007.40 on BSE.

housing dot com, housing.com, softbank backed housing.com, dilip tuli, senior vice president tuli, tuli appointment, business news, india news,
May 2, 2016 9:06 am

"Dilip will be focused on developing new business initiatives to fuel growth further"

amul, amul vice chairman, vice chairman amul, BJP MLA vice chairman, who is vice chairman of amul, first VC of amul
May 1, 2016 1:05 pm

In the last six years, the dairy cooperative's turnover has jumped nearly three-fold to Rs 23,000 crore.

Vedanta Resources will shut the Tuticorin smelter. (Reuters)
May 1, 2016 12:15 pm

The loan, which was extended for two years at floating rate of 3 per cent plus LIBOR, was to be repaid by July 2016.

honda, honda cars recall, honda cars recall india, honda city recall, honda jazz recall, car news, business news, india news
May 1, 2016 12:00 pm

Honda Cars India, which was manufacturing petrol cars primarily in the country till a couple of years back, invested heavily in diesel technology when demand began to shift towards diesel cars due to wide gap in petrol and diesel prices.

TCS, Tata Consulting Service, TCS shares, TCS shares plunge, BSE, NSE, business news
May 1, 2016 11:15 am

The m-cap of TCS soared Rs 22,236.28 crore to reach Rs 4,98,528.12 crore, emerging as the biggest gainer among the top-10 firms.

competition commission of india, CCI, CCI vacancies, director level posts, india news,
May 1, 2016 11:08 am

The CCI, which keeps a tab on unfair business practices across sectors, had more than 70 posts vacant at the end of March this year

vodafone_feat_reuters2
May 1, 2016 11:34 am

The company has also picked ICICI Securities, HSBC and Deutsche Bank as joint book-runners, the sources said.

kingfisher airlines, vijay mallya, kingfisher airline hyderabad airport case, hyderabad airport kingfisher airlines debt, mallya hyderabad airport bounce cheque case, kingfisher hyderbad airport bounce cheque case, business news, hyderabad news, india news, latest news
May 1, 2016 1:28 am

The online auction of brand Kingfisher is being conducted by SBI Cap Trustee Company on behalf of lenders under the SARFAESI Act.

Vijay Mallya, mallya ed case, bijay mallya loan case, mallya kinghfisher, mallya loan default, Vijay Mallya passport, vijay mallya ED, mallya passport, passport mallya, mallya news, ED Vijay mallya, MEA vijay mallya, india news
April 30, 2016 4:39 am

Mallya said he was in "forced exile" and had no plans to leave Britain.

defexpo, defexpo 2016 2016 defexpo, defexpo india 2016, defence ministry, assocham defexpo, anil dhirubhai ambani, reliance ada group, anil ambani defexpo, defexpo goa, manohar parrikar, india news, latest news
April 30, 2016 1:52 am

Under the agreement with Antonov, Reliance and Antonov will jointly bid for the Medium Military Transport Aircraft programme of HAL.

Amazon, HERE, Here, BMW, Audi, Mercedes, digital mapping, self-driving cars, artificial intelligence, technology, technology news
April 30, 2016 1:45 am

The global online retailer during a conference call with financial analysts following its latest quarterly results said they were happy with the recent clarifications on FDI in e-commerce in India.