Firms/companies
RBI survey pegs current year economic growth at 7.8%
04 Jun 2015
Forecasters expect growth in gross value addition (GVA) at basic prices to improve gradually from 7.5 per cent in the first quarter of 2015-16 to 8.4 per cent in the corresponding quarter of 2016-17
Siemens inks record $9-bn energy deal with Egypt
04 Jun 2015
Under the mega deal, Siemens will build three large high-efficiency natural gas-fired power plants and 600 wind turbines, which will together boost Egypt's power generation capacity by 50 per cent
Teva pressures takeover target Mylan with 1.8% stake buy
03 Jun 2015
Analysts expect Teva to make a sweetened formal bid for Mylan after raising its stake to the 4.6 per cent threshold, because once it tables a formal bid, it cannot buy Mylan shares from the market
Maggi: Two-minute noodles push Nestle into a 24-hour soup
03 Jun 2015
If laboratory tests across the country prove the UP FSDA’s findings right, Nestles' Maggi noodles faces certain ban in India
HSBC to axe up to 20,000 jobs: report
03 Jun 2015
HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing
BHEL wins Rs17,950-cr thermal plant order in Telangana
02 Jun 2015
State-run BHEL has been awarded the single-largest order in its history, for setting up a 4,000 MW super-critical thermal power project in Telangana
Rajan relents, cuts repo rate by 0.25 percentage points
02 Jun 2015
The rate cut aims to correct the low domestic capacity utilisation, subdued investment and credit growth amidst low inflation and the willingness of banks to incorporate some of the past rate cuts into their lending rates
Intel acquires Altera for $17 bn
02 Jun 2015
Intel, the world’s largest computer chip maker, hopes to offset slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres
RIL, Pioneer sell US pipeline network JV to Enterprise Products for $2.15 bn
02 Jun 2015
RIL is also planning to exit the Eagle Ford Basin oil and natural gas joint venture with Pioneer, for which it has hired Citigroup to find buyers for its 45-per cent stake
Woman dumps rare Apple computer at recycling firm
01 Jun 2015
A mystery woman who dumped a rare Apple 1 computer to a Silicon Valley recycling firm could end up $100, 000 richer according to the Silicon Valley recycling firm
UB Group to buy shares from Zuari to equal stake in MCFL
01 Jun 2015
The move comes after the Zuari Group helped UB Group to successfully stave off a takeover bid by rival Deepak Fertilisers
Maruti Suzuki May sales rise nearly 14%
01 Jun 2015
MTNL reports Rs595-cr Q4 net loss
01 Jun 2015
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