All stories by BS Reporter
Sun Pharma makes open offer for Zenotech stake
Rediff.com13 Apr 2014Sun Pharma has evinced its interest in buying Hyderabad-based biotech company Zenotech Laboratories, through an open offer to buy 28.1 per cent worth Rs 18.41 crore ($3 million).
Air India gets Rs 1,200-cr loan for planes
Rediff.com13 Apr 2014Totally, Air India has 27 Boeing 787s on order and will be taking deliveries of 20 of them by end of March 2015.
Rising IT deal flow bodes well for FY15
Rediff.com13 Apr 2014For the first time since 2008, first quarter of 2014 (Jan-March) saw signing of 10 mega-contracts worth $100 million in ACV.
Indian Railways records 15% revenue rise
Rediff.com12 Apr 2014The Indian Railways has closed 2013-14 with a 15 per cent increase in revenue, rising to Rs 1,40,485 crore, compared to Rs 1,21,831 crore last year.
Now, Morgan Stanley downgrades IT stocks
Rediff.com12 Apr 2014Morgan Stanley's Asia and Global Emerging Markets Strategy Report downgraded software firms on valuation and earnings concerns.
Unions protest decision to grant new banking licences
Rediff.com8 Apr 2014AIBEA said that on April 19 its officer bearers would meet in Punjab to decide the next course of action.
Online retail swells to $12.6 bn, with one million traders
Rediff.com4 Apr 2014Online retail in India touched $12.6 billion in 2013.
Novartis sues Biocon for patent breach
Rediff.com4 Apr 2014The multinational has filed infringement proceedings and is seeking an injunction against the Indian rival at the Delhi High Court, trying to block the Bangalore-based biotechnology firm from launching a generic version of Galvus, also known as vildagliptin.
Another high-level exit at SpiceJet
Rediff.com4 Apr 2014His exit is yet another example of a churn in the company's senior management, which saw fresh appointments in finance, commercial and sales division.
Bank licence: India Inc surprised by rejection, to re-apply
Rediff.com3 Apr 2014The Birlas are investing $100 million in the financial services business in fiscal beginning April 1.
Toyota workers on hunger strike
Rediff.com3 Apr 2014Two office-bearers of the Toyota Kirloskar Motor Employees Union and eight other employees are staging the strike. Simultaneously, about 1,000 employees, registered with the TKMEU, staged a dharna at the factory gate from 10 am to 6 pm on Wednesday.
Rupee likely to appreciate, yields might fall
Rediff.com31 Mar 2014Dollar flows in domestic markets are expected to continue but state-run banks are seen mopping the flows to boost RBI's foreign exchange kitty.
IBM to invest $100 mn globally for new consulting model
Rediff.com30 Mar 2014As part of this expansion plan, IBM will hire 1,000 employees across the globe to create new models of engagement through data and design.
After dissolving top body, Infy to have 9 exec officers
Rediff.com29 Mar 2014Top decision-making body, executive council, will be dissolved on April 1.
Coal scam: A chargesheet, FIRs and closure reports
Rediff.com28 Mar 2014After a year and a half of investigation, the agency has failed to name any public official involved in the scam.
Kotak Mahindra launches social bank account Jifi
Rediff.com27 Mar 2014Jifi is a zero-interest current account with no minimum balance conditions, and can be opened with an initial payment of Rs 5,000.
North India more vulnerable to El Nino, says Skymet chief
Rediff.com26 Mar 2014An El Nino is a temporary change in the climate of the Pacific Ocean, in the region around the equator.
On DGCA radar for violations, business jets face tighter scrutiny
Rediff.com25 Mar 2014MH-370 crash: Insurance cos are liable to pay the full sum
Rediff.com25 Mar 2014Aircraft that are lost and their debris aren't found are also covered under the 'disappearance' clause in an aviation insurance policy.
Toyota lockout lifted but workers refuse to sign undertaking
Rediff.com25 Mar 2014When the workers returned to work for the 6 am shift on Monday morning, the management insisted each employee sign an undertaking, but the workers refused to do so.