Archive for Business
Tata, Thyssenkrupp in High Level Talks on European Steel Joint Venture: Report
Frankfurt: Tata Steel and Germany's Thyssenkrupp are holding high-level talks on the possibility of combining their European steel operations in a joint venture, but are also looking at other options,…
Tata Motors faces virtual reality with Tiago
Nearly 23 lakh readers of a major daily in cities of New Delhi, Mumbai and Bangalore woke up to a virtual reality (VR) kit attached to a four-page supplement singing…
Uber slashes fares in 10 cities
NEW DELHI: Taxi aggregator Uber has cut fares by up to 22% in 10 non-metro cities including Pune and Ahmedabad, a move that will intensify competition with domestic rival, Ola.…
Bharti Airtel Soars Over 4% After Company Buys Aircel’s 4G Spectrum
Mumbai: Shares of Bharti Airtel today surged by over 4 per cent after the company announced that it will acquire rights to use 4G spectrum of Aircel in eight telecom…
Blackstone To Buy Mphasis For Up To Rs 7,071 Crore
New Delhi: Private equity firm Blackstone on Monday said it will buy out HP Enterprise's stake in Mphasis for up to Rs 7,071 crore ($ billion), marking the largest IT…
Tata Steel eyes buying parts of Germany’s ThyssenKrupp: Report
Tata Steel, which has announced it is putting its troubled British business up for sale, is in talks over the possible purchase of parts or all of ThyssenKrupp's European steel…
Tata Steel Sale Underscores Woes At India Group’s One-time Star
Mumbai, India: Shockwaves rippled through British industry this week after Tata Steel said it would sell its UK business, marking a sobering failure for its Indian parent after years of…
Tata Steel Puts Entire British Business Up For Sale
Mumbai: Tata Steel, Britain's largest steelmaker, put its entire UK business up for sale to stem heavy losses, a move that would draw a line under its almost decade-long foray…
Uber and Ola Taxi war reaches court
Uber alleges Ola created 93,000 false accounts, seeks Rs 50 cr damages The Delhi High Court on Tuesday sought response of ANI Technologies, which runs app-based cab service under the…
Hyundai Motor and BCCI are Official Partners now
Hyundai Motor India Ltd, HMIL, India’s biggest passenger car exporter and second largest auto major has officially announced its four year partnership with Board of Control for Cricket in India…
Sebi lets off Reliance Petroinvestments in IPCL insider case
New Delhi: Markets regulator Sebi has let off Mukesh Ambani-led RIL Group's Reliance Petroinvestments Ltd (RPIL) in an almost 9-year-old alleged insider trading case involving shares of the erstwhile IPCL…
Mahindra re-thinks Ssangyong plan; wants to now make cars in China
Mahindra & Mahindra is re-thinking its strategy for its loss-making Korean automaker Ssangyong Motor Co, tapping the brakes on its planned push into the United States to focus instead on…