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Shell to buy BG Group for $70B

Manufacturing

08 April, 2015

Shell to buy BG Group for $70B

In the biggest oil and gas deal in a decade, Royal Dutch Shell today announced acquisition of smaller British rival ......

Cyient founder BVR Mohan Reddy to take over as chairman of IT industry body NASSCOM

TMT

08 April, 2015

Cyient founder BVR Mohan Reddy to take over as chairman of IT industry body NASSCOM

Newly appointed Nasscom Chairman BVR Mohan Reddy's focus areas include making the IT industry body more "inclusive" by adding small ......

SBI, ICICI, HDFC Bank cut rates

General

07 April, 2015

SBI, ICICI, HDFC Bank cut rates

Country's biggest bank SBI and private sector lenders ICICI and HDFC Bank late evening today cut their base rates by ......

Coal auction unlocks $64B

General

06 April, 2015

Coal auction unlocks $64B

The auctions and allotments of 67 coal blocks so far has unlocked a total value of nearly Rs 4,00,000 crore, ......

Diageo to buy Mallya's remaining 50% stake in United National Breweries

Consumer

02 April, 2015

Diageo to buy Mallya's remaining 50% stake in United National Breweries

Diageo, the world's largest spirits maker today took full control of South African beer maker United National Breweries by acquiring ......

Carnival Cinemas in talks with two foreign PE firms to raise $160M

TMT

02 April, 2015

Carnival Cinemas in talks with two foreign PE firms to raise $160M

Carnival Cinemas is in talks with two private equity (PE) firms, located in Singapore and the UK, to fuel its ......

Piramal to sell clinical research division to Indoco

Healthcare

01 April, 2015

Piramal to sell clinical research division to Indoco

Piramal Enterprises has signed an agreement to sell its Hyderabad-based clinical research division to Indoco Remedies for undisclosed amount.Piramal Enterprises ......

Zuari to launch open offer in 12 days to acquire stake in Mangalore Chemicals

Manufacturing

01 April, 2015

Zuari to launch open offer in 12 days to acquire stake in Mangalore Chemicals

Zuari Group is in discussions with investment bankers to launch its open offer in the next 12 days to acquire ......

Cabinet clears repromulgation of land ordinance

General

01 April, 2015

Cabinet clears repromulgation of land ordinance

The Union Cabinet tonight decided to recommend re-promulgation of the land acquistion ordinance incorporating nine amendments that were part of ......

Jack Ma in India; Alibaba to help small local businesses

TMT

31 March, 2015

Jack Ma in India; Alibaba to help small local businesses

Looking to expand its presence in India, Chinese ecommerce giant Alibaba's Chairman Jack Ma today met Prime Minister Narendra Modi, ......