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Reliance Communications, Aircel to merge wireless business

TMT

14 September, 2016

Reliance Communications, Aircel to merge wireless business

In the biggest consolidation deal in India's telecom sector, Reliance Communications and Aircel today announced the merger of their wireless ......

Fed rate hike fears drag stocks, rupee lower

General

12 September, 2016

Fed rate hike fears drag stocks, rupee lower

Market benchmark Sensex nosedived by almost 546 points to 28,251.31, while Nifty broke below the 8,700-level in the opening trade ......

YES Bank shelves $1 bn share sale to institutions

General

08 September, 2016

YES Bank shelves $1 bn share sale to institutions

Yes Bank has deferred its plans to raise USD 1 billion, citing extreme volatility in trading due to misinterpretation of ......

NITI Aayog suggests strategic stake sale in 44 state-run companies

General

08 September, 2016

NITI Aayog suggests strategic stake sale in 44 state-run companies

NITI Aayog has made a case for strategic sale in as many as 44 public sector undertakings where the government ......

ONGC in talks to buy stake in GSPC's KG basin block

Manufacturing

08 September, 2016

ONGC in talks to buy stake in GSPC's KG basin block

State-owned Oil and Natural Gas Corp (ONGC) today said it is in talks to buy a stake in GSPC's KG ......

BSE set to file for IPO after board approves draft prospectus

General

08 September, 2016

BSE set to file for IPO after board approves draft prospectus

The board of leading stock exchange BSE has approved draft papers for its estimated Rs 1,000-crore IPO, which will be ......

SEBI tightens norms for promoters of compulsorily delisted firms

General

08 September, 2016

SEBI tightens norms for promoters of compulsorily delisted firms

Promoters of compulsorily delisted companies will not be allowed to sell their shares or take dividends till they provide an ......

IRB InvIT Fund files for IPO to raise up to $645 mn

Infrastructure

08 September, 2016

IRB InvIT Fund files for IPO to raise up to $645 mn

IRB Infrastructure Developers today said IRB InvIT Fund, an infrastructure investment trust, has filed draft red herring prospectus with the ......

Startups are ‘hopeless', can't create enough jobs: Kishore Biyani

General

07 September, 2016

Startups are ‘hopeless', can't create enough jobs: Kishore Biyani

Stating that startups are "hopeless" and 90 per cent of them "are not going anywhere", Future Group CEO Kishore Biyani ......

Ashok Leyland to buy out Nissan from three joint ventures

Manufacturing

07 September, 2016

Ashok Leyland to buy out Nissan from three joint ventures

Marking an end to their 8-year-old partnership, Ashok Leyland and Nissan Motor Co today agreed to part ways with the ......