Fairfax's Watsa to buy Indian logistics firm NCMSL

Last Updated: Friday, June 26, 2015, 09:56

One of the sources said the deal, for a 70 to 75 percent stake in the commodities storage and services firm, could be worth $120 million to $150 million.

SBI Capital Markets appoints Praveen Gupta as MD and CEO

Last Updated: Tuesday, June 23, 2015, 17:33

Gupta replaces Rajnish Kumar, who has been elevated as Managing Director - Compliance and Risk, State Bank of India.

India-born ex-Google executive appointed SoftBank president

Last Updated: Saturday, June 20, 2015, 16:59

In less than a year at SoftBank, Arora has already directed about 200 billion yen (USD 1.67 billion) worth of deals that include investments in Indian technology startups Snapdeal, an online marketplace, and taxi-booking service Ola Cabs, Nikkei Business Daily reported.

Vanguard picks up Eicher Motors shares worth Rs 309 cr

Last Updated: Friday, June 19, 2015, 20:58

Shares of the company were purchased on an average price of Rs 19,676.89, valuing the transaction at Rs 309.04 crore.

Nikon India appoints Kazuo Ninomiya as Managing Director

Last Updated: Monday, June 15, 2015, 18:43

Ninomiya is taking over the role and responsibility from Hiroshi Takashina, who will now be managing Nikon's China operations.

Xerox to focus on less power consuming machines

Last Updated: Monday, June 15, 2015, 18:06

On 'Color Press 1000i', Rajagopalan said, "With this new device and our existing portfolio of digital presses, we will storm the digital printing market and further consolidate our market share."

Ajay Mahajan is IDFC's Commercial, Wholesale Banking Head

Last Updated: Monday, June 15, 2015, 17:42

"In this role, Mahajan will oversee coverage of SME, mid-cap and large corporates, financial institutions, government business and transaction banking, treasury and markets and investment banking," IDFC said in a statement.

With CEO shakeup, Twitter under pressure to please advertisers

Last Updated: Monday, June 15, 2015, 11:03

Twitter Inc`s next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after this week`s management shakeup - helping disaffected advertisers connect with users.

PVR to raise Rs 350 cr from PE firm, dilute 10.7% stake

Last Updated: Friday, June 12, 2015, 14:59

Film exhibition firm PVR Ltd on Friday said it will raise Rs 350 crore from Indian private equity firm Multiple Alternate Asset Management, which will pick up 10.7 percent stake in the company.

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.

Private bankers to be interviewed for CEO/MD post at 5 large PSBs

Last Updated: Thursday, June 11, 2015, 18:06

While the age limit was increased to 57 years, from 55 years earlier, the mandatory board-level experience for the applicants were reduced to one year from three years previously to invite more experienced talent for heading large public sector banks.

Deutsche Bank makes Cryan CEO after Jain, Fitschen resign

Last Updated: Sunday, June 7, 2015, 19:33

Cryan, 54, has been on the bank`s supervisory board since 2013 and was a former chief financial officer of UBS. He will replace Jain from July 1 and become the sole CEO when Fitschen steps down next year, the bank said.