Voda-Idea merger, Telecom department, Vodafone idea merger tomorrow, telecommunication, India news, Indian Express news
June 17, 2018 8:09:35 am

Idea and Vodafone have decided to combine their operations to create the country's largest telecom operator worth over USD 23 billion (or over Rs 1.5 lakh crore), with a 35 per cent market share and a subscriber base of around 430 million.

Boeing, Boeing engines, Rolls Royce, Boeing 787 Dreamliner, Britain aviation industry, business news, Indian express news
June 16, 2018 9:00:17 am

The UK engineering company faces problems with parts of the Trent 1000 engine, leading to the grounding of some 787s for repairs, and separately plans to cut 4,600 jobs.

June 16, 2018 2:09:16 am

The board said that the independent enquiry will use forensics, review emails and record the statements of the relevant personnel.

June 16, 2018 1:07:30 am

1st Indian company to breach '7-lakh crore mark; `18,836.98 cr added Friday

A 72-seater ATR aircraft on the RCS routes connecting Allahabad with various other destinations in its network will be deployed by the airline.
June 15, 2018 10:22:41 pm

Operating thrice a week, the new routes will offer Allahabad a six-day/week connectivity, complementing the existing connectivity to/from the city.

The company, which is launching the product in the US, said approval has been granted in the strengths of 2 mg/0.5 mg, 4 mg/1 mg, 8 mg/2 mg, and 12 mg/3 mg.
June 15, 2018 9:45:40 pm

"The product approved by the US Food and Drug Administration (USFDA) is a therapeutic equivalent generic version of Suboxone (buprenorphine and naloxone) sublingual film," Dr Reddy's Laboratories said in a BSE filing.

June 15, 2018 8:32:03 pm

During its Q4 FY2018 earnings call, TCS CEO Rajesh Gopinathan had said the company's intention is "to keep capital return close to 80-100 per cent of annual free cash flow".

Manipal Health sweetens offer for Fortis Healthcare
June 15, 2018 5:34:11 am

Fortis said that the entire process was expected to take six-eight months but due to reasons beyond the company’s control, it has taken over 19 months and is still not complete.

lending rates, sbi, hdfc, icici, mclr, banking news, financial news, indian express
June 15, 2018 5:28:01 am

ICICI Bank has urged NCLT to initiate insolvency proceedings against Punj Lloyd while, other lenders, led by State bank of India, have objected to the plea.

Reliance Infra power sale to Adani: MERC conducts first public hearing
June 15, 2018 3:27:41 am

Reliance Infra (RInfra) has decided to sell its integrated power operations in Mumbai — generation, transmission and distribution of power in the city and suburbs — to Adani Transmission Limited (ATL).

June 14, 2018 1:00:55 pm

Carlsberg started operations in 2007 in India, where it sells five types of beer under the Carlsberg and Tuborg brands, according to its website.

June 14, 2018 12:34:55 pm

General Motors will join a very short list of S&P 500 companies, including Hershey Co. and American Water Works Co., with women serving as CEO and CFO. 

Volkswagen fined 1 billion Euros by German prosecutors over emissions cheating
June 14, 2018 1:46:29 am

Volkswagen said it held a management board meeting to discuss the latest development in its emissions crisis with members of the supervisory board also being informed. 

Guess co-founder Paul Marciano resigns after sex misconduct investigation
June 13, 2018 11:43:10 am

Paul Marciano, who has denied the allegations, will remain a board member and stay on as chief creative officer until his contract expires at the end of January.

lending rates, sbi, hdfc, icici, mclr, banking news, financial news, indian express
June 13, 2018 1:45:46 am

Yoga guru Baba Ramdev’s Patanjali has offered to pay close to Rs 4,000 crore as upfront payment and another Rs 1,700 crore as capital infusion.

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June 13, 2018 1:39:34 am

Mistry was unceremoniously ousted from the chairmanship of the holding company of the Tata Group on October 26, 2016.

Dr Reddy’s to USFDA: Staff giving illogical answers not appropriate
June 13, 2018 1:20:28 am

In the report, one of the USFDA inspectors wrote: “Mr Toshniwal and Mr Reddy Kallam requested that I remove the observations from the FDA-483.

Tesla, Elon Musk, tesla layoff, tesla job, Business news, indian express news
June 13, 2018 12:39:20 am

In an email he said had been sent to staff, billionaire Chief Executive Elon Musk said on Tuesday that the cuts were part of a simplification of Tesla's management structure promised last month.

June 11, 2018 6:26:41 am

Rahul Chari says interview that while banks will continue to be the gatekeepers of funds, there is an opportunity for fintech companies and the banks to jointly bring new products to market.

Nestle India
June 10, 2018 11:28:54 am

On being asked whether Nestle would be able to cross that figure in the future, Nestle India CMD Suresh Narayanan said, ambition is always there and we are trying to get as close as possible to where we were."