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Airtel announces postpaid plans with free unlimited voice calling

Airtel started offering Infinity plans last year, wherein customers can get voice and data offers as per their requirement

MFs' net foreign liabilities up 4.9% in FY16 to Rs 58,170 cr: RBI

These liabilities of MFs are essentially assets belonging to foreign investors

Nita Ambani elected as member of IOC

She is the only individual member from India and her appointment at the world body is until she attains the age of 70

Volkswagen sets up IT delivery hub in India, invests 3 mn euros

Move will help Volkswagen strengthen its presence in the country as India will now also serve as the IT backend for all its brands

SP Apparels' IPO subscribed 2.65 times

The price band for the IPO was Rs 258-268 per share

Sensex ends flat after rising 224 points

Street skeptical over near-term impact of GST

Ascendas buys IT building in Hyderabad

Though Ascendas has not disclosed the purchase value, market experts said it could be around Rs 200 cr

Natco Pharma gets final approval for Tamiflu capsules in the US

The company filed ANDA, containing a para IV certification, claiming first to file status in 2011 and was granted tentative approval by USFDA in March 2014

GE to invest $31 mn in Mytrah's wind power project in AP

The investment has been made in Mytrah Energy's wind subsidiary Mytrah Vayu for 49% equity

Dr Reddy's completes acquisition of Teva's US portfolio of 8 products

Pharma major expects some products to add to its topline in 2018; products were being divested by Teva as a condition to close acquisition with Allergan

IT sector fears raise in tax points

The industry body urges the govt to make CGST and IGST a single taxation point

IDFC Bank, IDFC come a step closer to merger

The lender had stated it was in talks with the regulator to explore the possibility of a merger

Sensex falls for 4th day amid GST Bill debate

Shares of automobile and logistics companies fell sharply on Wednesday after running up sharply in recent weeks on hopes of successful passage of the GST Bill

ED files fresh application against 11 NSEL defaulters, Jignesh Shah

Last month, ED had issued summons against all 68 accused including Shah, who remains in judicial custody

Berger Paints Q4 net up 55% to Rs 120 cr

Income from operations at Rs 1,246 crore, up 10.6% from a year ago

PVR launches six-screen multiplex at Palava

Expands its presence in Mumbai Metropolitan Region with this launch, first multiplex in the region

Dilip Buildcon IPO subscribed over 20 times

The 21.4-million share offering saw bids for nearly 444 million shares, data provided by stock exchanges showed

Mphasis sets up centre for risk and compliance

It will focus on developing next-generation Governance, Risk and Compliance solutions based on artificial intelligence, cognitive computing

Fitch assigns NTPC BBB- rating & BBB to its rupee bonds

The notes, which are labelled green, will be issued out of NTPC's $4-billion medium-term note programme

Infosys invests $4 mn in Israel's Cloudy

Cloudy is the seventh investment for CEO Vishal Sikka, who has built a $500 mn war chest to invest in startups