Tripartite meet on Posco project on August 25: Minister

Last Updated: Saturday, August 22, 2015, 22:08

The much-awaited tri-partite meeting on the country's biggest FDI project proposed by Posco is scheduled to be held in New Delhi on August 25, Odisha Steel and Mines Minister Prafulla Kumar Mallick said Saturday.

Petrobras board approves sale of 25% of fuel unit, two oppose

Last Updated: Wednesday, August 19, 2015, 09:32

Petrobras, as the company is known, wants to sell $15.1 billion of assets by the end of 2016 to help reduce its $132 billion of debt, the largest of any oil company.

Microsoft releases new update for Windows 10

Last Updated: Monday, August 17, 2015, 12:39

According to the TechCrunch, the update came with minimal documentation and explanation. The updated code comes with a set of notes.

RIL loses most profitable tag again, this time to IOC

Last Updated: Sunday, August 16, 2015, 19:00

Within two quarters of losing its 23-year-old reign as the country's most profitable company to TCS in the December quarter, Reliance Industries was again humbled in the June quarter, this time by Indian Oil.

Tata Steel sells 2.18% stake in Titan to Tata Sons

Last Updated: Tuesday, August 11, 2015, 22:03

In a BSE filing, the Mumbai-based firm said: it "has on August 11, 2015 sold 1,93,87,920 shares (2.18 per cent) of Titan Company Ltd to Tata Sons Ltd through a market sale for a net consideration of Rs 637.46 crore."

HMT post Rs 25.22 crore losses in Q1

Last Updated: Monday, August 10, 2015, 23:39

In a filing to the Bombay Stock Exchange, the company said its total income from operations also declined to Rs.10.53 crore in the quarter as compared to Rs.13.03 crore in the same period last fiscal, a fall of 19.18 percent.

Groupon India being rebranded as 'nearbuy'

Last Updated: Monday, August 10, 2015, 19:25

Sequoia Capital, a venture capital firm specialised in start-up investments, is helping Groupon India split from its Chicago-headquartered parent firm Groupon.

Berkshire Hathaway to buy Precision Castparts for $37 bn

Last Updated: Monday, August 10, 2015, 18:14

The agreed acquisition, one of Berkshire`s largest takeovers, is expected to be completed in the first quarter of 2016, they said in a joint statement.

Bogibeel bridge's girder cost may escalate by Rs 300 crore: HCC

Last Updated: Sunday, August 9, 2015, 15:53

The cost for constructing girders of India's longest rail-cum-road bridge at Bogibeel over Brahmaputra in Assam, by a HCC-led consortium, is likely to escalate by over Rs 300 crore, mainly due to expansion and delay of the project.

PSU general insurers on promotion spree, elevates 21 DGMs to GMs

Last Updated: Sunday, August 9, 2015, 13:52

In their bid to take on rising competition, public sector general insurers have unveiled a succession planning by promoting their young officials to the post of general managers.

Thomas Cook to acquire Kuoni's India, HK biz for Rs 535 cr

Last Updated: Friday, August 7, 2015, 19:26

The company has entered into an agreement with Kuoni group to buy 100 per cent stake in Kuoni Travel (India) Pvt Ltd, Thomas Cook India said in a statement.