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Staying the course Vijay Mallya
Staying the course Vijay Mallya

Board can’t remove me, shareholders will have to decide, claims Vijay Mallya

K Giriprakash

Vijay Mallya has won almost all his corporate battles so far. He expec... »

United Spirits vs Mallya: a corporate battle is brewing

Vijay Mallya

K Giriprakash

A long corporate battle may be brewing with United Spirits Ltd and Vijay Mallya hardening their... »

Investment in renewables increases 59 per cent in 2015

Yet to flower Regulatory filings suggest that planned big ticket
investment decisions are yet to be firmed up SHUTTERSTOCK

Debabrata Das

Investment in India’s renewable energy sector shot up 59 per cent year-on-year during the first... »

Ratan Tata invests in Chinese mobile phone maker Xiaomi

Ratan Tata, chairman Emeritus of Tata Sons, meets Hugo Barra, Vice President of Xiaomi Global, and Manu Jain, Head of Mi India Operations. Mr. Tata has invested in Xiaomi, the first investment made by any Indian into the fast-growing smartphone company.

Our Bureau

Amount not disclosed; start of an exciting journey, says Xiaomi founder »

Tata Motors’ makeover drive is no Bolt from the blue

Alka Kshirsagar

Setting up a global world class quality (WCQ) framework to audit manufacturing quality,... »

Companies

The company will come out with two plans offering unlimited local calls. File Photo

Airtel launches unlimited call schemes for broadband customers

PTI

In a bid to boost its landline business, country’s largest telecom operator Bharti Airtel will b... »

Companies

Ashwin Shah

Mumbai firm forges steel to Navy’s specs

NK Kurup

Mumbai-based Krishna Allied Industries has indigenised the manufacturing of bulb bars to produce... »

Companies

UltraTech Cement Q4 net down 24% on lower output

Our Bureau

UltraTech Cement, an Aditya Birla Group company, has reported 24 per cent fall in March quarter... »

Companies

ADB funding 31,000 km rural roads in five States

Our Bureau

To support development programmes in India, the Asian Development Bank (ADB)  is invol... »

Companies

JSPL to invest Rs 20,000 cr in power business

PTI

Naveen Jindal-led JSPL is looking to invest about Rs 20,000 crore in its power business to take... »

Companies

Mahindra Finance eyes 50% stake in proposed Payment Bank

PTI

Mahindra Finance is likely to hold up to 50 per cent stake in the proposed Payment Bank, for whi... »

Google India is best employer

Our Bureau

Google India has secured the Randstad Award 2015 for ‘Most Attractive Employer in India’, while Sony India has been adjudged the runner-up. The sector-specific special recognition awards t... »

Mumbai firm forges steel to Navy’s specs

Ashwin Shah

NK Kurup

Mumbai-based Krishna Allied Industries has indigenised the manufacturing of bulb bars to produce warships for the Navy. “It took months of trial and error to make them to the Navy’s specifications... »

Mahindra Finance eyes 50% stake in proposed Payment Bank

PTI

Mahindra Finance is likely to hold up to 50 per cent stake in the proposed Payment Bank, for which a group entity has applied for a licence from RBI.Tech Mahindra, a subsidiary of Mahindra... »

JSPL to invest Rs 20,000 cr in power business

PTI

Naveen Jindal-led JSPL is looking to invest about Rs 20,000 crore in its power business to take the generation capacity to 8,600 MW in the next five years.“Jindal Steel & Power Ltd (JSP... »

United Spirits appoints Vinod Rao as Finance Head

Our Bureau

United Spirits has appointed Vinod Rao as the Head of Finance. He replaces P A Murali, who resigned as the chief financial officer of the company earlier this week. The company has also... »

UltraTech Cement Q4 net down 24% on lower output

Our Bureau

UltraTech Cement, an Aditya Birla Group company, has reported 24 per cent fall in March quarter net profit at Rs 657 crore (Rs 865 crore), largely due to lower production. Net sales were up f... »

Crompton Greaves to sell consumer arm for ₹2,000 cr

Our Bureau

PE firm Advent, Singapore’s Temasek to make open offer for additional shares »

Audi launches TT Coupe at ₹60 lakh

Our Bureau

Audi India has launched the all-new Audi TT Coupé priced at ₹60.34 lakh (ex-showroom, Delhi and Mumbai). “Re-engineered for more power, the all-new Audi TT Coupé blends dynamic aesthetics... »

Kallidus buy to give Infosys presence in e-commerce services

Our Bureau

This is software major’s second acquisition this year »

Tata Motors plans two new passenger cars every year

Our Bureau

Tata Motors has planned a passenger car product line-up till 2020 and will launch two new cars every year. The cars will have some signature features that are normally not present in the... »

Adani Ports is sole bidder for Vizhinjam project

Infosys: Analysts bullish on the path CEO Sikka is taking

Indiabulls Housing Finance Q4 profit climbs 22%

Essar Steel’s Indonesian unit posts $3.79-m profit

Hospitality sector hikes social media spend for biz growth

Madison Media gets new chief

Gujarat Gas Q4 net up 26%; stock slips 7%

Crompton Greaves’ shares tank 8% on bourses

Sun Pharma: Buy

Sun Pharma: long-term portfolio therapy

NALINAKANTHI V, BL Research Bureau

Ranbaxy merger will strengthen position in a host of global markets »

ADB funding 31,000 km rural roads in five States

Our Bureau

To support development programmes in India, the Asian Development Bank (ADB)  is involved in constructing or upgrading 31,000 km of rural roads in the five lagging States of Assam,... »

Oil Min rejects RIL arbitration notice, terms it ‘untenable’

PTI

The Oil Ministry has rejected Reliance Industries’ (RIL) latest arbitration notice challenging the government decision to take away 814 sq km of its KG-D6 gas block, saying it was misconceived and... »

Airtel launches unlimited call schemes for broadband customers

The company will come out with two plans offering unlimited local calls. File Photo

PTI

In a bid to boost its landline business, country’s largest telecom operator Bharti Airtel will be launching unlimited voice calling schemes for its broadband customers. The company will c... »

Petronet LNG Q4 net profit rises 77% on tax credit

Our Bureau

Petronet LNG has reported a 77 per cent increase in its fourth quarter fiscal 2014-15 net profit at ₹300.75 crore due to a ₹170 crore tax credit. In the same quarter last year, the company had a n... »

Tepid Q4 show by Infosys; 1:1 bonus fails to impress investors

Our Bureau

Announces acquisition of US-based digital e-com services provider Kallidus for $120 m »

Simplilearn secures $15-m funding

Our Bureau

Simplilearn, a company providing certification courses to professionals, has raised $15 million (about ₹93 crore) in third round of institutional funding, led by Mayfield. The round saw participat... »

SRK to endorse ‘hindware’

Our Bureau

HSIL, which has roped in Shah Rukh Khan as the brand ambassador for its sanitaryware brand “hindware”, said it wants to build greater awareness about its products and is steadily ramping up its di... »

Siemens net up 82%

Our Bureau

Electrical goods maker Siemens Ltd has reported a robust 82 per cent increase in profit for quarter ended March 31, due to decline in cost of materials and increase in other income. For... »

Infosys: weak all-round

K. Venkatasubramanian, BL Research Bureau

Most numbers fall short of peers’ »

Walmart reiterates commitment to India

Financial woes force MTNL to go slow, says Parliament panel

Innovision Healthcare launches herbal products

GSPC Group appoints Atanu Chakraborty as MD

Infosys net rises 3.5% at Rs 3,097 cr in Q4

Pincon Spirit to invest Rs 400 cr on expansion over next 2 years

Over 2,000 firms yet to appoint women directors: Jayant Sinha

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