Cairn India, Vedanta boards to meet on Sunday amid merger speculation

Last Updated: Saturday, June 13, 2015, 16:22

On Friday, India`s oil minister, Dharmendra Pradhan, told Reuters he had met Cairn executives this week to discuss the potential merger and a source familiar with the matter had said the deal could be announced as early as Sunday.

Starbucks working with FSSAI on its pending applications

Last Updated: Friday, June 12, 2015, 19:52

The Food Safety Standards Authority of India (FSSAI) had rejected applications submitted by Tata Starbucks for a total of 32 products in April. These rejected products include coffee frappucino, vanilla syrup and hazelnut flavoured syrups, which are still sold at the cafe chain's outlet in the heart of the capital.

Reliance seeks freedom to fix gas prices

Last Updated: Friday, June 12, 2015, 19:43

"In this context, it is important to follow the intent, purpose and commitment of the NELP Policy i.e. Maximising E&P activities, getting the risk reward balance right and providing marketing and pricing freedom. This will provide predictability and certainty to the investors," he said.

RIL to start commercial telecoms operations by Dec

Last Updated: Friday, June 12, 2015, 12:41

Speaking at the company`s annual meeting of shareholders, Ambani, India`s richest man, said the telecoms unit will initiate a test launch over the next few months and that the fiscal year to March 2017 will be the first full year of its commercial operations.

Wipro to implement help-desk management solution for Nexenta

Last Updated: Thursday, June 11, 2015, 19:46

Powered by artificial intelligence (AI) platform - Wipro HOLMES, the solution will automate the creation of service tickets using Natural Language Processing (NLP) technologies, the company said in a statement.

Unitech plans to raise Rs 200 cr for ongoing housing projects

Last Updated: Thursday, June 11, 2015, 17:04

Asked about debt reduction plan, Chandra said: "We have retired all our telecom related liabilities during last fiscal aggregating almost Rs 1,000 crore rupees. Accordingly, our debt servicing requirement has come down to that extent".

Glenmark gets final USFDA nod for psoriasis cream

Last Updated: Thursday, June 11, 2015, 14:20

Glenmark Pharma was today trading at Rs 867.35 in the afternoon trade on BSE, up 1.19 percent.

Eros International, Pakistan's HUM TV ink content pact

Last Updated: Tuesday, June 9, 2015, 13:26

The deal is signed between company's online entertainment portal, ErosNow and HUM TV, Eros International said in a filing to the BSE.

Cairn India slips nearly 6% on Vedanta merger buzz

Last Updated: Tuesday, June 9, 2015, 13:20

The Cairn India stock fell 5.56 percent to Rs 170.60, its 52-week low, on BSE. On NSE, it was down 5.69 percent at Rs 170.55.

Apple WWDC 2015: Five interesting things about iOS9

Last Updated: Tuesday, June 9, 2015, 09:58

With jamming the online Apple streaming site, the tech-afficinados unveiled the new versions of iOS, iOSX El Capitan, a new Apple music service and new watch OS at the its annual Worlwide Developers Conference.

Logitech sets aside $3.25 mn to cover possible SEC penalty

Last Updated: Saturday, June 6, 2015, 21:13

The maker of computer accessories also said it would see an increase of $0.5 million in inventory and accrual for a balance sheet reclassification and a change of $0.3 million in deferred tax assets tied to these changes.

Etihad Airways awarded 'A' credit rating from Fitch

Last Updated: Friday, June 5, 2015, 17:44

"Etihad is favorably positioned on the cost curve compared with the European legacy carriers," with unit costs (CASK) much lower than those of its European rivals, The Fitch said in a statement.