Corporates

Apart from Numetal, Anil Agarwal-led Vedanta Resources is also an eligible bidder, which joined the race in the second round of bidding.

Novartis AG said on Thursday it would sell the dermatology and generic US oral solids portfolios of Sandoz US to Aurobindo Pharma Ltd for $900 million, as the Swiss drug maker looks to focus on higher growth areas. The deal also includes about 300 products and additional development projects of Sandoz and an additional $100 million in performance-based payments, Novartis said.

India Post, which has a network of more than 1.5 lakh post offices across the country, provides several banking and remittance services, such as the Post Office Savings Account. All four savings accounts earn an interest rate of 4 per cent on deposits compounded on a quarterly basis, according to India Post. While the three types of savings accounts in IPPB do not require any deposit, the Post Office Savings Account required a deposit of Rs 20.

Amazon's shares hit the $2050.2677 level to give its stock a value of $1 trillion.

The recharge packs of Rs 35, Rs 65 and Rs 95 will be initially launched in the Punjab, Tamil Nadu and UP West circles. The recharge packs will be rolled out in other parts of the country over the next few weeks, Bharti Airtel said.

To fund the capital infusion in Air India and other sectors, the government has sought Parliament's approval for an additional net spending of Rs. 5,951 crore, on top of the budgeted Rs. 24.42 lakh crore for 2018/19.

Under its Big Sale scheme, AirAsia India is offering flight tickets priced from an all-inclusive Rs 999 on the Guwahati-Imphal, Bengaluru-Kochi and Bengaluru-Chennai routes. AirAsia India is also offering flight tickets starting from Rs 1,099 between Hyderabad and Bengaluru, and Rs 1,199 between Bhubaneswar and Kolkata, and between Ranchi and Kolkata, among others.

Claiming the deal to be its largest win so far, Wipro said it would generate $1.5-1.6-billion revenues over the tenure.

SAIL's refusal could make it harder for the government to meet its budgeted target of raising Rs 1.06 lakh crore ($14.95 billion) from the dividends and profit of state-owned companies this fiscal year ending March.

The two companies said on Friday that Coke would buy Costa's almost 4,000 outlets across markets such as Britain, Europe and China after Whitbread's board unanimously backed the deal.

Post merger, the paid-up equity share capital of Idea Cellular stands increased to Rs 8,735.13 crore.

Ad buyers that work with Google insist that the company is careful to maintain the walls between transaction information and web behavior, keeping any info flowing to retailers and marketers anonymous.

Buffett's Berkshire has been piling more money into Apple, increasing that stake to 252 million shares as of June 30.

Vodafone Idea is expected to have a subscriber base of over 400 million and become the country's largest telecom operator.

Anil Ambani said the deal will help cut the company's overall debt to Rs 7,500 crore from the earlier Rs 22,000 crore.