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COMPANIES AND COMMODITIES

Hewlett Packard Enterprise acquires data management firm SimpliVity for USD 650 million

Hewlett Packard Enterprise on Wednesday acquired business data management firm SimpliVity for USD 650 million in cash.

PTI | Jan 18, 2017 11:49 AM

Rolls Royce agrees to pay USD 808 million to settle bribery charges

As part of the deal, Rolls-Royce will pay USD 170 m (141 million pound) to the US Justice Department.

PTI | Jan 18, 2017 11:10 AM

UAE carrier rebuffs reports of Lufthansa-Etihad merger talks

However, according to Reuters, sources in Etihad have denied the claims of a possible merger between the two.

News Nation Bureau | Jan 18, 2017 10:50 AM

Tata Steel announces scholarship programme titled Women Of Mettle

In keeping with its commitment to the young generation, Tata Steel on Tuesday announced a scholarship programme titled Women-Of-Mettle, a pioneering initiative to encourage gender diversity in the...

PTI | Jan 18, 2017 12:09 AM

Rolls Royce agrees to pay 808 $million on corruption and bribery charges

Rolls-Royce said in a statement that the "voluntary agreements" will result in the suspension of prosecution. But Transparency International's UK executive director Robert Barrington says individuals...

PTI | Jan 17, 2017 09:56 PM

Tata Motors appoints Tata group chief designate Natarajan Chandrasekaran as Chairman

Tata Motors on Tuesday appointed Tata group chief designate N Chandrasekaran as Chairman.

News Nation Bureau | Jan 17, 2017 07:21 PM

SBI set to raise around USD 500 million with 5-year bond sale in overseas debt market

The nation's largest bank SBI is set to raise around USD 500 million in the international debt market as part of its USD 10-billion medium-term notes programme

PTI | Jan 17, 2017 06:27 PM

BSE, NSE to shift 69 companies to restricted trading segment on Jan 19

BSE and NSE will on January 19 shift a total of 69 companies to the restricted trading segment to ensure safety of investors in the capital markets.

News Nation Bureau | Jan 17, 2017 05:39 PM

Flipkart funds parenting social network platform Tinystep with Rs 13.6 crore investment

E-commerce giant Flipkart has funded Tinystep, a parenting social network platform with an investment of USD 2 million (Rs 13.6 crore)

PTI | Jan 17, 2017 04:56 PM

British American Tobacco takes control of Reynolds American for whopping USD 49 billion, creates largest world's largest listed tobacco company

British American Tobacco on Tuesday agreed to pay almost USD 50 billion for control of US firm Reynolds American, creating the world's largest listed tobacco company.

PTI | Jan 17, 2017 03:11 PM

Crompton Greaves secures Rs 715 crore order from Indonesia's state-owned electricity firm PT PLN

Crompton Greaves on Tuesday said it has secured a USD 105 million (Rs 715 crore) order from Indonesia's state-owned electricity firm PT PLN to make and install power transformers.

PTI | Jan 17, 2017 02:40 PM

Alibaba ties up with 20 brands to tackle counterfeit goods in US

China's e-commerce giant Alibaba on Wednesday has forged a partnership with 20 brands to fight counterfeit goods with the help of big data analysis

News Nation Bureau | Jan 17, 2017 12:36 PM

Amazon India unveils regional language support services for sellers in Kannada, Tamil and Telugu

In addition to states in India with predominantly Hindi speaking population, Tamil Nadu, Karnataka and Telangana have emerged as the top three states in the country with a huge seller base, who prefer...

PTI | Jan 16, 2017 08:29 PM

Reliance Industries third-quarter net profit at Rs 7,506 crore, up 3.6 per cent

Reliance Industries on Tuesday reported a 3.6 per cent rise in its third quarter net profit after petrochemical margins took a dip in its core refinery profits.

News Nation Bureau | Jan 16, 2017 06:36 PM

Government should not interfere in real estate sector : Adi Godrej

Godrej Group Chairman Adi Godrej has said the government should not ‘interfere’ in the real estate sector, often cited as one of the biggest black money generators, even as he termed...

PTI | Jan 16, 2017 06:13 PM