Firms/companies

Australia’s Leighton buys out Welspun Group’s stake in Indian JV for $99 mn

30 Dec 2013

The stake sale was triggered by the $3.5-billion Welspun Group’s decision to reposition its infrastructure business and to focus on its core areas which include textiles, pipes, energy, and steel

26 killed, 15 injured in Banglore-Nanded train blaze

28 Dec 2013

Vodafone buys temporary relief from taxman’s demand

28 Dec 2013

The Income Tax Appellate Tribunal asked Vodafone to deposit Rs200 crore as initial payment and submit bank guarantees for the remaining sum, against the Rs3,700-crore tax claim

New Tata-SIA airline closer to take-off with NOC application

28 Dec 2013

Besides the NOC from the ministry, Tata-SIA will have to apply to the Directorate General of Civil Aviation for an air operator’s permit to commence operations

New Tata-SIA airline closer to take-off with NOC application

28 Dec 2013

Besides the NOC from the ministry, Tata-SIA will have to apply to the Directorate General of Civil Aviation for an air operator’s permit to commence operations

CCI okays sale of United Spirits’ Chennai unit to Enrica

28 Dec 2013

CCI okays sale of United Spirits’ Chennai unit to Enrica

28 Dec 2013

After VW and Ford, GM to recall record 1.46 mn cars in China

27 Dec 2013

After VW and Ford, GM to recall record 1.46 mn cars in China

27 Dec 2013

After VW and Ford, GM to recall record 1.46 mn cars in China

27 Dec 2013

Telenor’s hike in Telewings stake to 74% is finalised

27 Dec 2013

Norway-based telecom services company Telenor today announced that it has raised its stake in its Indian arm Telewings Communications to 74 per cent with an investment of about Rs1,000 crore

Telenor’s hike in Telewings stake to 74% is finalised

27 Dec 2013

Norway-based telecom services company Telenor today announced that it has raised its stake in its Indian arm Telewings Communications to 74 per cent with an investment of about Rs1,000 crore

Volkswagen beats GM; tops Chinese car market

27 Dec 2013

Regaining the position as the biggest foreign car maker, Volkswagen AG is set to sell more vehicles in China, the world's largest auto market, than GM for the first time in nine years

Volkswagen beats GM; tops Chinese car market

27 Dec 2013

Regaining the position as the biggest foreign car maker, Volkswagen AG is set to sell more vehicles in China, the world's largest auto market, than GM for the first time in nine years

Volkswagen beats GM; tops Chinese car market

27 Dec 2013

Regaining the position as the biggest foreign car maker, Volkswagen AG is set to sell more vehicles in China, the world's largest auto market, than GM for the first time in nine years

Vale sells stakes in non-core assets

27 Dec 2013

BlackBerry cancels two handset models over fears of unsold stocks

27 Dec 2013

BlackBerry sales have fallen so low that the troubled handset maker has actually cancelled two handsets it was developing

Sahara to expand retail chain ‘Q Shop’ in southern India

27 Dec 2013

Cabinet approves new pay and pension benefits to MTNL employees

26 Dec 2013

Axis Bank gets cabinet nod to hike foreign stake to 62%

26 Dec 2013

Axis Bank gets cabinet nod to hike foreign stake to 62%

26 Dec 2013

Seagate to acquire Xyratex

26 Dec 2013

Seagate to acquire Xyratex

26 Dec 2013

Federal Bank now mostly foreign owned, HDFC to raise foreign shareholding

26 Dec 2013

Apple fined for meddling in pricing by Taiwanese service providers

26 Dec 2013

Taiwan’s anti-trust regulator, Fair Trade Commission, said the ruling applied to iPhones only and that it has no plans to investigate price interference with iPads