Daughter to control Australia mine magnate Rinehart's $3 bn trust

Last Updated: Thursday, May 28, 2015, 12:05

The order in the New South Wales state Supreme Court said Bianca Rinehart had demonstrated the ability to robustly assert the rights of the trust against her mother and her company Hancock Prospecting.

Shake-up in key Samsung assets to cement heir''s grip as succession looms

Last Updated: Tuesday, May 26, 2015, 12:33

If the due deal, goes through, Samsung still has to resolve include inheritance tax if Lee Kun-hee multi-billion dollar stakes in Samsung Electronics 3.8% or Samsung Life Insurance 20.76% are passed on to his heirs.

Cipla promoters to decide on family pact in 'due course'

Last Updated: Sunday, May 10, 2015, 12:16

Sebi has opined that the agreement would qualify for exemption from open offer requirement under takeover norms.

Cipla promoter family gets SEBI go-ahead for voting agreement

Last Updated: Tuesday, May 5, 2015, 23:13

In a possible succession planning exercise, pharma giant Cipla's promoter family has proposed to vote together as a single unit under overall direction of patriarch Yusuf Hamied in his lifetime, and under his brother Mustafa Hamied thereafter.

New gay family emoji appear on Apple`s iOS

Last Updated: Thursday, April 9, 2015, 09:16

Users of the Apple iPhone and iPad got a new palate of emoji on Wednesday, including a group of alternative or gay family illustrations.

Swiss UBP buys Coutts, `bank of the rich and famous`

Last Updated: Friday, March 27, 2015, 14:41

Swiss bank UBP announced Friday it would acquire Coutts private bank, which counts Britain`s royal family among its rich and famous customers.

Ajay Singh again becomes the owner of SpiceJet

Last Updated: Monday, February 23, 2015, 23:22

The ownership of budget carrier SpiceJet came back in the hands of its original promoter Ajay Singh again Monday after the shares of the Marans' family were physically transferred to his account.

Suzlon surges 17%; adds Rs 2,603 cr in m-cap in two days

Last Updated: Wednesday, February 18, 2015, 21:20

Shares of wind turbine maker Suzlon Energy Wednesday surged nearly 17 percent in view of definitive pacts with Dilip Shanghvi Family and Associates (DSA) for equity investments of Rs 1,800 crore in the company.

Suzlon soars 20% on Shanghvi deal; adds Rs 1,089 cr to m-cap

Last Updated: Monday, February 16, 2015, 23:38

Shares of wind turbine maker Suzlon Energy today surged nearly 20 per cent, adding Rs 1,089 crore to its market value, following definitive pacts with Dilip Shanghvi Family and Associates (DSA) for equity investments of Rs 1,800 crore.

Shanghvi, associates make open offer for 26% stake in Suzlon

Last Updated: Monday, February 16, 2015, 17:41

Within days of committing to invest in wind turbine maker Suzlon, Dilip Shanghvi Family and Associates have made an open offer to buy another 26 percent stake for Rs 2,837 crore in the company.

Cognizant wins multi-year cloud deal from US-based retailer

Last Updated: Wednesday, February 11, 2015, 22:31

IT services major Cognizant has inked a pact with US-based retail chain Family Dollar Stores for providing cloud management platform to improve business responsiveness at latter's over 8,000 stores in the country.

SpiceJet's new owners plan to cut fleet, shrink network

Last Updated: Friday, January 16, 2015, 17:21

The prospective owners of low-cost carrier SpiceJet Ltd plan to cut the airline’s fleet, shrink its network and return to a "plain vanilla" business model to achieve profitability, two people close to the investors said.