Tata Sons, the holding company of the Tata group, is on a fund raising spree to invest in the rights issues of group companies, retiring debt and fund new businesses like aviation and infrastructure.
Transport Corporation of India (TCI), the biggest privately held integrated logistics company, is slated to invest anywhere between Rs 100-150 crore this year on purchase of a new ship, trucks and other utilities.
Sectoral regulator Trai has extended the date to May 12 for receiving comments on a consultation paper on the pricing and allocation of microwaves in access and backbone networks.
Japan's Nikkei stock average rose 0.7 percent on Friday to its highest close in 10 days, buoyed by upbeat U.S.
Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market's recent weakness in the dust.
Prominent New York hotel executive Sant Singh Chatwal pleaded guilty on Thursday to conspiring to make $188,000 of illegal campaign contributions to three U.S. candidates via straw donors.
Ford Motor Co and IBM Corp will again have to face a US lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.
Markets will remain closed on Friday, 18th April on account of Good Friday.
Japan's Nikkei share average advanced on Friday after upbeat US economic data and corporate earnings bolstered investors' risk appetite.
Former Goldman Sachs Group Inc director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading.
U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
The Directorate of Revenue Intelligence (DRI) today seized 12 kg gold bars from a zinc scrap container cargo at Mundra port in Kutch district, official sources said. The value of gold seized is estimated to be around Rs 3.6 crores.
Tata Consultancy Services (TCS) crossed the 300,000 mark at the end of 2013-14. But the country’s largest information technology (IT) services company doesn’t seem to be in a mood to let the momentum die down.
Harried iron ore miners, who have lost over two years of business, are pinning hopes on the next government to clear the statutory roadblocks and encourage exports.
Signalling improvement in demand across key regions, information technology (IT) services company HCL Technologies on Thursday posted robust growth in earnings for the quarter ended March 2014, the third quarter of 2013-14 for the company.
About three years after its previous high, India’s listed companies are again closed to record levels in terms of market capitalisation.
Coal India has been in the news. While it missed the production target for 2013-14, on the positive side it is reported to have allowed price increases at one of its subsidiaries, which analysts see extending to the others.
Ahead of the general elections in Uttarakhand, Bhartiya Janata Party scored a political victory when the state government withdrew its controversial order allegedly favouring two companies for the wholesale foreign liquor (FL-2) business in the hill
Hero Motocorp’s dominance in entry-level bikes is facing threat from its former ally Honda.
The recent rally in banking stocks has been aided by hope that a stable government at the Centre will help boost the economy.