M&M to seek shareholders' nod to raise Rs 5,000 crore

Last Updated: Friday, July 10, 2015, 16:02

Auto major Mahindra & Mahindra will seek shareholders' approval to raise up to Rs 5,000 crore through issuance of securities on private placement basis in domestic and/or international markets.

Lupin acquires Russian drug firm Biocom

Last Updated: Thursday, July 2, 2015, 19:49

The company has acquired 100 per cent equity stake in ZAO Biocom in Russia subject to certain closing conditions, Lupin Ltd said in a statement without disclosing the financial details.

Lenovo names Rahul Agarwal as India MD

Last Updated: Monday, June 29, 2015, 18:48

Technology major Lenovo on Monday said it has appointed Rahul Agarwal as the Managing Director of its India operations with immediate effect.

Lupin gets Board's nod to raise funds up to Rs 7,500 crore

Last Updated: Tuesday, June 23, 2015, 10:56

Drug major Lupin on Tuesday said its Board of Directors have given in-principle approval for raising funds of up to Rs 7,500 crore.

ICICI Bank to offer quick loans, discounts to Alibaba members

Last Updated: Monday, June 22, 2015, 18:50

The largest private sector lender ICICI Bank on Monday entered into a partnership with the largest online marketplace Alibaba.Com, under which small businesses who are members of the Chinese e-commerce major can avail of faster loans.

Gadkari says government to fund dredging cost to up draft to 20 metres

Last Updated: Sunday, June 7, 2015, 16:52

The draft of the nation's largest port JNPT is around 16 meters currently and if this goes up to 20 meters, it can allow large ships to berth at its terminals which it is unable to do.

Volvo exits Eicher Motors, sells 3.7% for Rs 1,695 crore

Last Updated: Thursday, June 4, 2015, 14:43

Swedish commercial vehicle major Volvo on Thursday exited Eicher Motors by selling its residual 3.7 percent stake in the Indian firm for about Rs 1,695 crore.