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Galleon exits Edelweiss, sells its entire stake
Galleon Group LLC has exited domestic brokerage firm Edelweiss Capital by selling entire 7.02 per cent stake in the company.

Tata Steel completes $546-mn exchange offer for CARS

Tata Steel has sold USD 546.9 million (around Rs 2,550 crore) of new 2014 convertible bonds to cut its funding cost for overseas acquisition.

AI pilots defer strike by six days

Air India pilots, protesting management’s moves to cut their salaries and allowances, deferred their strike threat from November 24 by six days.

Nokia to axe 330 jobs in Finland, Denmark

Handset giant Nokia said it will cut around 330 jobs in Finland and Denmark.

Air India offers 20 pc discount to senior citizens

In a bid to woo customers to its first and executive classes on international routes, national air-carrier, Air India, has offered a 20 per cent discount to senior citizens.

TV18 to merge ops of CNBC TV18, CNBC Awaaz

Media conglomerate Television Eighteen India said it is restructuring broadcasting operations of two of its business news channels -- CNBC TV 18 and CNBC Awaaz, a move aimed at optimising operational costs.

Govt won't import rice as of now: Sharma

The government said it will not import rice for the time being as it has enough stocks of the food grain.

Airtel cuts mobile roaming rates by 60%

Telecom major Bharti Airtel cut mobile roaming rates by 60 per cent for its 115 million users.

Brad Pitt and Reliance Big to produce 'Dark Void'

Hollywood superstar Brad Pitt's film production company Plan B and Reliance Big Entertainment have signed a deal.

Dell Q3 profit dips 54 per cent

Personal computer maker Dell Inc has reported a massive 54 per cent decline in its profit.

Bloomberg to lay off 130 employees

Bloomberg may lay off about 130 employees in BusinessWeek.
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