Richard Branson's commercial human spaceflight venture Virgin Galactic is set to become the world's first publicly traded company next week following the completion of its merger with venture capitalist Chamath Palihapitiya's Social Capital Hedosophia....
The Trump Organization is considering selling the rights to the Trump International Hotel in downtown Washington D.C. "Since we opened our doors, we have received tremendous interest in this hotel and as real estate developers, we are always willing to explore our options," ...
The dollar appreciated in late trading on Friday amid falling sterling, as market participants awaited more updates concerning Brexit. The dollar index, which measures the greenback against six major peers, was up 0.20 per cent at 97.8311 at 3:00 p.m. (1900 GMT), the Xinhua news agency ...
Emirates is celebrating Diwali by serving Indian sweets and savouries to its passengers on board its flights departing and travelling to India till October 31, the airline said on Friday. "Passengers flying in our aircraft in all classes are treated with Indian...
Stocks of ICICI Bank and L&T have been recommended as the top Muhurat session picks by a leading brokerage house. According to Centrum Capital, on a standalone basis, ICICI Bank can achieve 1.5 per cent ROA and 15 per cent ROE by FY21E....
Automobile sales, especially of passenger vehicles, have shown a positive trend on the auspicious day of Dhanteras 2019, industry insiders said. The trend is said to be aided by deep discounts and recent government schemes. Passenger vehicle sales, which were in the doldrums since late last year, have ...
Reliance Industries on Friday said that it will set up a wholly-owned subsidiary for its digital platform initiatives with an investment of Rs 1.08 lakh crore. Accordingly, the company's move will lead to the creation of the largest digital services platform company in India....
Country's largest lender State Bank of India has posted a mammoth increase of 219 per cent in net profit to Rs 3,012 crore in the second quarter of the current fiscal on yearly comparison basis. The all important Net Interest Income (NII) increased to Rs 24,600 crore in ...
Bharti Airtel Ltd has acquired a minority stake of 8.82% in Bengaluru-based software development startup Vahan Inc. The company however did not disclose the cost of the acquisition. In a regulatory filing it said the Indicative time period for completion of the ...
The board of Bharti Infratel on Friday extended the deadline to complete the merger with Indus Towers by 60 days to December 24 and also cleared that dilution of shares by existing holders will be lesser than earlier announced, thus also lowering the cash to be paid to Vodafone-Idea on the telco's possible exit...