Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland , Finance Minister George Osborne said on Wednesday, after acknowledging the re-privatisation of RBS remains a long way

Tata Motors is planning a slew of launches, including those of a more powerful Nano, sports utility vehicles based on the Land Rover and upgrades to other models, over the next few years, to arrest the decline in its sales.That’s not all.

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Maharashtra ranks second in under-construction and under-bidding port projects under public-private partnership (PPP), with a share of 15 per cent and 37 per cent, respectively, in value terms, according to a report by Assocham released here

Enjoying a complimentary meal which comes with your air ticket could be history very soon. Full service carrier (FSC) Air India is now planning to charge for all meals onboard on its domestic flights.

Civil Aviation Minister Ajit Singh is set to consult senior Airbus and Boeing executives to identify executives to head Air India’s maintenance, repair  and overhaul (MRO) unit.

Software exporter Wipro Ltd is understood to have secured a large information technology (IT) outsourcing contract worth around $500 million (Rs 2,940 crore) from US-based financial services company Citigroup. The tenure of the contract is five years.

US-based Cargill Inc, which derives close to Rs 10,000 crore from marketing and processing edible oils, staples and food ingredients in the country, proposes to step up investment in India as it seeks a greater share of the Rs 3.85 lakh-crore domestic

Construction major HCC today issued a statement, denying the contents of a voting recommendation report published by governance firm Stakeholders Empowerment Services (SES) earlier this week.

Zydus Pharmaceutical USA, a subsidiary of Ahmedabad-based Cadila Healthcare, has lost a patent infringement suit in the US.

The Cabinet is likely to take up tommorrow a proposal on five per cent disinvestment in Neyveli Lignite Corp (NLC), an issue that drew reservations of the Tamil Nadu government. The divestment could  fetch the government Rs 500 crore.

Tea cup image via Shutterstock The Goodricke Group, the Kolkata-based tea plantation entity, is thinking of expanding in Assam.

Japan's SoftBank Corp cleared a major hurdle in its attempt to buy US wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week.

Lakshmi Vilas Bank has shortlisted three bankers for the post of chief executive officer.

The income-tax (I-T) department has seized Rs 6.75 crore in cash and incriminating documents -- receipt of donations, inflating expenditure, diverting funds of trusts and evading income tax -- from the SRM Group of Companies.

Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.

Hyderabad-based drug R&D and clinical research company, GVK Biosciences Private Limited, today said that it had licensed its database to the US Food and Drug Administration (US FDA) for a collaboration in drug repositioning.

Triggering competition, Bharti Airtel today slashed data usage charges by 90% for pre-paid subscribers in Punjab and Haryana, a day after Vodafone lowered data charges by 80% for its pre-paid and post-paid customers in three circles.

World’s third largest port company, Dubai Port (DP) World does not plan to monetize any of India assets as it is one of the growing markets for the company, Sultan Ahmed Bin Sulayem, chairman of the company said today.

Bringing Coal India a step closer to starting overseas production, the state-owned company has submitted its final report on social sector spending in its Mozambique project to the coal ministry.