Financial news service Reuters Group PLC has announced that it will eliminate up to 20 editorial positions in the United States and Europe and hire up to 60 replacements in India in a move aimed at cost cutting.
This is the biggest IPO in the Indian market since Bharti Infratel's over Rs 4,000 crore public offer in December 2012.
IndiGo has a fleet of 98 aircraft and about 75 of them are on operating lease.
British energy firm Cairn Energy Plc on Tuesday said it has discovered gas in its Rajasthan block, where India's largest oil find in more than two decades was made last year.
The sports tycoon said he had increased his holding above a key 97.6 percent level needed to compulsorily buy out any last shareholders.
Alert: Master of Law in Mineral Law and Policy
The health ministry has formed a committee to consider raising the number of drugs deemed essential and subject to price caps.
Next week, Coffee World, a gourmet coffee chain launched by Global Franchise Architects (the promoter of Pizza Corner India) in Thailand, will open its first outlet in Bangalore.
The agency, sources said, has issued the notices under the Prevention of Money Laundering Act (PMLA) and they have summoned the accused to examine them and record their statements.
The US tycoon bought over 74.81 per cent stake in Manchester united
Global business process management solutions provider Staffware Plc launched its Indian operations on Thursday and received a BPM contract from HDFC Bank Ltd.
Petroleum Minister Ram Naik on Tuesday ruled out any increase in petrol and diesel prices in the run-up to the General Elections saying international crude oil prices have eased.
Uruguayan soccer player Diego Forlan on Monday denied evading taxes by hiding money in Swiss accounts with the British bank HSBC Holdings PLC.
GlaxoSmithKline plc, Europe's biggest drugmaker, said on Wednesday that it was accelerating work on a possible vaccine against the deadly SARS virus but warned development would take years.
'Everyone knows that you including your son won't be able to spend all the wealth that you have earned then why not at least pay the salaries of your employees,' the letter said.
Indian Oil Corporation, the country's largest refiner, has put up a war chest of $2 billion for acquiring a medium-sized foreign oil firm to set up its own exploration and production division.
Housing Development Finance Corporation is to raise the interest rate on its home loans across all maturities by 0.50 per cent after Diwali.
Cairn Energy Plc of the United Kingdom on Tuesday announced third significant discovery in Rajasthan this year, with gross in-place reserves of 400 million barrels.
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
Leading British cafe chain Costa Coffee, a part of the £1.8 billion Whitbread Plc, has entered into a joint venture with the RKJ Group for opening 300 outlets in India over the next six years with an investment of Rs 150 crore
Hind Lever Chemicals is considering merging with Tata Chemicals Ltd, the Bombay Stock Exchange said on Wednesday.
SoftBank will pay 17 pounds in cash for each ARM share.
British oil firm Cairn Energy Plc on Tuesday announced a second significant oil discovery in its Rajasthan block, where it had in January found India's largest field in more than two decades.
Aviva Plc, the fifth largest insurer globally, will hire about 3,300 more people in India and Sri Lanka by 2007, as part of its strategy to outsource some of its life and non-life services.
Manchester United, one of the world's most successful soccer clubs with a brand name that resonates worldwide, has a market value of 740 million pounds.
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