Company News

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SpiceJet flies past Jet to number two rank

21 Aug 2014

IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year

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Housing, infra sector is not starved of bank finance: RBI

21 Aug 2014

Central bank recently exempted banks from maintaining CRR and SLR for funds that are raised through long-term infrastructure

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Viom Networks may raise funds via Reit, stake sale

21 Aug 2014

Credit Suisse, Citigroup and STJ Advisors are working for Viom's proposed fund raising

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Fairness cream makers welcome new ad norms

21 Aug 2014

ASCI yesterday released norms for fairness creams, saying these would go a long way in ensuring ads do not discriminate against ...

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No Reits before next Budget, say developers

21 Aug 2014

Point to problems in tax issues with such vehicles, lack of clarity on rules and the alternatives available

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R-Infra: Stay migration of customers to Tata Power

21 Aug 2014

RInfra pleaded the stay be granted until MERC approves Tata Power's network roll out plan in its distribution area in Mumbai

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IndiGo evacuates passengers after smoke scare

21 Aug 2014

Hydraulic oil had leaked into the aircraft's left brake assembly unit causing smoke to emerge out of the unit

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Packaging violations: US justice department probes Dr Reddy's

21 Aug 2014

The latest development is in addition to the US Consumer Product Safety Commission's ongoing engagement with the company on the ...

Kasturi & Sons to get former Britannia MD, ex-TCS CFO on board

21 Aug 2014

Number of non-family members on the board will be increased to 3

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Tamil Nadu yet to allocate land to us, says M&M

21 Aug 2014

Company was asking state govt to allocate 200 acres of land for testing & automotive facility

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India's domestic air traffic fell 10% last month: DGCA

21 Aug 2014

DGCA report shows IndiGo's continued dominance in market share with 30.7%, followed by SpiceJet at 20.9%

L Capital looks to deploy $250 mn of its $1-bn Asia PE fund in India

21 Aug 2014

L Capital Asiais understood to be looking at as many as four significant opportunities to invest in the near future

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Govt plans to stop RIL from selling crude to Jamnagar refinery

21 Aug 2014

Petroleum Ministry is considering directing the company to sell KG-D6 crude oil to CPCL

Thumbtack raises $100 mn

21 Aug 2014

It was only a few months ago that Thumbtack, an online marketplace for hiring workers for particular tasks, raised $30 million of ...

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Steve Ballmer quits Microsoft board

21 Aug 2014

Ballmer said in a resignation letter on Microsoft's website that a combination of new responsibilities, including his ownership ...

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FTIL & MCX agree to terms of new tech deal

20 Aug 2014

FTIL has agreed to reduce its annual maintenance charge by 40%

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Street patient for Infy while Sikka makes right moves

20 Aug 2014

Even as big hopes have been pinned on Infosys' new Chief Executive Officer Vishal Sikka, experts believe that the Street is in a ...

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Mahindra Reva launches premium variant of e2o in Ahmedabad

20 Aug 2014

Company plans electric Verito and Maxximo by next year

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Coming soon 'Nirbhaya' e-scooters for women's safety

20 Aug 2014

Launched by Morello Yamasaki, these scooters have a built-in GPS that at the press of a button would communicate their location

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Zydus Cadila gets USFDA nod to market anti-viral drug Acyclovir

20 Aug 2014

The group now has 95 approvals and has so far filed 249 ANDAs since commencement of the filing process in FY04

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