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Tata Power to acquire Welspun’s renewable energy arm

Tata Power said it will acquire Welspun Energy's subsidiary, Welspun Renewable Energy Pvt Ltd (WREPL) for an undisclosed amount. Tata Power said it will acquire...

Tang Media buys stake in Reliance Entertainment

MUMBAI: Anil Ambani-promoted Reliance Entertainment has sold a majority stake in foreign sales, financing and production company IM Global to Tang Media Partners. In a...

Softbank to sell off nearly $8 billion in Alibaba shares

Japanese conglomerate SoftBank Group (SBG) has announced that it will sell at least $7.9 billion of its stake in the Chinese e-commerce company Alibaba...

Indian companies to pay higher US H-1B visa fee

Flagship Indian IT companies would have to pay at least an additional $4,000 for every H-1B visa application under the new regulations that came...

Amazon Prime service to reportedly launch in India next week

It’s been long rumored that Amazon plans to launch its Prime service in India as well. While there is still no official announcement about...

Lockheed eyes Tata as F-16 partner for next big India jet deal

Lockheed Martin Corp. is leaning toward the Tata Group as a potential partner to build its flagship F-16 as India looks to modernize an...

Toyota, Volkswagen partner ride-hailing companies

The investments by the automakers could lead to car sales and the joint development of technology Toyota and  Volkswagen are the latest automakers to forge alliances...

Sterlite Tech eyes broadband infra play post demerger

The company believes that the move is positive for investors as the entity will have a better financial profile post the de-merger and will...

IFC invests INR 134 Cr in Future Consumer

International Finance Corporation (IFC) will invest $20 million (Rs 134 crore) through equity-linked instruments in Future Consumer Enterprise Ltd, the Indian company said on...

Paytm enables cashless payments at ‘Mother Dairy’ booths

New Delhi: Paytm, India's leading payments company, has partnered with Mother Dairy, a wholly-owned subsidiary of the National Dairy Development Board (NDDB) to enable...

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