Chennai, Nov 18 (IANS) City-based oil drilling company Aban Offshore Wednesday said it planned to raise Rs.697.5 crore through the qualified institutional placement (QIP) route. In a regulatory statement to the Bombay Stock ...

New Delhi, Nov 17 (IANS) High salaries in the corporate sector is not a "dogmatic" or an ideological issue with the government, according to Minister of State for Corporate Affairs Salman Khurshid. "We ...

San Francisco, Nov 17 (DPA) Networking giant Cisco Systems Monday raised its offer to buy Norwegian video communications company Tandberg by 11 percent - to $3.41 billion - after the company's previous ...

London, Nov.13 (ANI): British Airways and Spain's Iberia Airlines have created Europe's third largest airline through a 4.4 billion pound all-share merger. According to The Telegraph, the deal was inked after 16 months ...

London, Nov 13 (DPA) British Airways and Spain's largest airline Iberia agreed to a merger forming the world's third-biggest airline, the companies announced. The merger, which was agreed after 16 months of negotiations, ...

New Delhi, Nov 9 (IANS) The government is not going to give up its opposition to for-profit educational institutions as any collapse of such entities would impact students. "If profit means giving dividend ...

New Delhi, Nov 6 (IANS) The Delhi High Court Friday asked five people, convicted of contempt of court, to stand in court till it rose for the day. A division bench comprising of ...

Hyderabad, Nov 5 (IANS) Corporate Affairs Minister Salman Khurshid Thursday said a proposal to allow shareholders decide the salaries of company executives was before parliament. In an interaction with reporters on the sidelines ...

Tokyo, Nov 5 (DPA) The Japanese electronics company Panasonic Corp Thursday began its planned takeover of the battery manufacturer Sanyo Electric Co Ltd. The world's largest producer of consumer electronics started its bid ...

Fort Worth, Nov 3 (THAINDIAN NEWS) Warren Buffett's Berkshire Hathaway(NYSE:BRK.A) announced that it would buy the remaining stake in railroad giant Burlington Northern Santa Fe(NYSE:BNI). This particular deal is estimated at approximately ...

Mumbai, Oct 29 (IANS) Sesa Goa, an Indian unit of the Britain-based metals and minerals giant Vedanta group, Thursday said the company and its subsidiary Sesa Industries were being investigated by the ...

New Delhi, Oct 21 (ANI): The National Aluminium Company Limited, (NALCO) has paid a dividend of Rs. 84.22 crore to the Government of India for the year 2008-09. The cheque was presented ...

Chennai, Oct 15 (IANS) City-based banking, financial services and insurance (BFSI) company Polaris Software Lab Thursday said it will acquire competitor Laser Soft Infosystems for Rs.52 crore. "The acquisition will enable us ...

London, Oct. 11 (ANI): Arsenal chief executive Ivan Gazidis has bluntly told manager Arsene Wenger to end the club's four-year trophy drought this season. "It's absolutely our ambition to win a trophy ...

Bangalore, Oct 9 (IANS) Infosys Technologies Ltd has declared an interim dividend of Rs.10 per share or 200 percent on par value of Rs.5 per share for the first six months (April-September) ...

London, Oct 8 (IANS) Cobra Beer founder and chairman Lord Karan Bilimoria has vowed to spend "several years" repaying creditors 70 million pounds after his company went into a pre-pack administration earlier ...

London, Oct 8 (IANS) Former Vodafone chief executive Arun Sarin has rejoined Kohlberg Kravis Roberts (KKR) as a senior adviser, according to the New York-based private equity company he quit six years ...

Mumbai, Oct 8 (IANS) Wolfgang Prock-Schauer has resigned as the chief executive of Jet Airways, effective Oct 15, the company said Thursday. Schauer, who joined Jet in 2003 will join British ...

Mumbai, Oct 7 (IANS) The board of Reliance Industries, India's largest private company, Wednesday recommended a dividend of Rs.13 per share and a bonus issue of one new share for each existing ...

Mumbai, Oct 5 (IANS) The board of UltraTech Cement will meet Tuesday to take a call on the proposal to consolidate all cement units and divisions of the Aditya Birla group ...

London, Oct 1 (DPA) British defence firm BAE Systems could face corruption charges over allegations it spent millions in bribes to obtain lucrative foreign arms deals, the Serious Fraud Office (SFO) in ...

Mumbai, Sep. 30 (ANI): Talks over a proposed partnership between Bharti Airtel and South Africa's MTN have been called off, with Bharti Airtel saying that the South African government is not ready ...

Chandigarh, Sep 19 (IANS) Corporate enterprises will have to make extra efforts to avoid fraud in their companies as no law can guarantee against it, the Institute of Chartered Accountants of ...

Chennai, Sep 16 (IANS) City-based oil drilling services company Aban Offshore plans to pay off part of its $3-billion debt after its shareholders Wednesday gave it the go-ahead to raise $1 billion ...

New Delhi, Aug 31 (IANS) Vijay Mallya-owned Kingfisher Airlines Monday said it planned to raise $100 million (about Rs.500 crore) in Global Depository Receipts (GDRs). In a regulatory statement to the Bombay Stock ...

New Delhi, Aug 31 (IANS) Infrastructure Leasing and Financial Services Ltd (IL&FS), a leading infrastructure development and finance company, will be the new promoter of Maytas Infra, union Minister for Corporate Affairs ...

New Delhi, Aug 29(ANI): The Committee of Secretaries (CoS) reviewing Air India met here on Saturday under the Chairmanship of Cabinet Secretary K M Chandrasekhar. This was the second meeting of the ...

Mumbai, Aug 20 (IANS) Bharti Airtel and South Africa's MTN Thursday said they were extending their talks for a proposed $23-billion financial alliance till Sep 30, with no final pact in sight ...

Mumbai, Aug 18 (IANS) Direct-to-home (DTH) major DishTV Tuesday said it will raise up to $200 million (Rs.1,000 crore) through issue of securities in the domestic and international markets. The company's shareholders ...

NATIONAL Cross-border terror still 'most pervasive threat', says PM - Lead moved at 1304 Four members of President's Bodyguard guilty in rape case - Moved at 1531 Government to outsource H1N1 tests to private labs ...