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Britains Prime Minister David Cameron. (Photo: AP)

British PM to hold emergency meet Over Tata Steel crisis

Mr Cameron has yet to comment but the British government has urged Tata to allow time to locate a potential buyer.

31 March 2016 12:08 PM IST

The Tata steel plant dominates the skyline over the roof tops of Port Talbot, Wales. (Photo: AP)

Tata's UK steel exit raises expectations of European mergers

European steel sector has been suffering from years of unaddressed overcapacity.

31 March 2016 12:05 PM IST

Foxconn has also agreed to buy all 200 billion yen ($1.7 billion) worth of shares owned by Sharps two main creditor banks

Foxconn agrees to buy Sharp after slashing original offer

Foxconnwill pay about $3.5 billion for a two-thirds stake,cutting its initial offer by nearly $900 million.

31 March 2016 12:02 PM IST

Vijay Mallya offers to pay Rs 4,000 crores, but won’t return to...

While admitting that he has fled the country, former liquor baron Vijay Mallya on Wednesday submitted a proposal in the...

31 March 2016 2:14 AM IST

4,000 Indian super rich left India in 2015

4,000 Indian super rich left India in 2015

India has seen the fourth- biggest outflow of high net worth individuals globally in 2015 with shifting of 4,000...

31 March 2016 2:09 AM IST

Public fund-raising dips 17 per cent

Public fund-raising dips 17 per cent

While the fund raising through the IPO route has seen an almost five-fold jump in FY16, the total funds mobilised by...

31 March 2016 2:07 AM IST

Amazon to set up its largest backend office in Hyderabad

Telangana IT minister K.T. Rama Rao and Amazon senior V-P David Zapolsky at the foundation stone-laying ceremony for...

31 March 2016 2:04 AM IST

British PM convenes emergency meeting

British PM convenes emergency meeting

British Prime Minister Prime Minister David Cameron has convened an emergency steel summit on Thursday to discuss Tata...

31 March 2016 1:54 AM IST

RBI gives loan defaulters' list, urges SC not to reveal names

A bench headed by Chief Justice T S Thakur had last month directed the central bank to provide a list of companies.

30 March 2016 6:26 PM IST

Representational Image.

4,000 Indian millionaires shifted overseas in 2015: report

The outflows from India and China are not particularly concerning as these countries are still producing far more new...

30 March 2016 5:48 PM IST

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Indian businessman Mallya makes offer to clear massive debts

The court gave the banks a week to respond to Mallya's proposal

30 March 2016 5:37 PM IST

Delhi govt to roll back proposed VAT on textile, footwear

At present, footwear costing above Rs 500 and school bags costing above Rs 300 are taxable at 12.5 per cent.

30 March 2016 5:06 PM IST