Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.
Investors
Amgen shifts focus from its flagship anemia drugs with Onyx buyout
Amgen acquires Onyx Pharmaceuticals for $10.4 billion. Declining sales of its flagship product pushed Amgen to a $10. 4 billion purchase of Onyx Pharmaceuticals, concluding the two-month-long auction of Onyx.
China's banks takes next step in rate reform push
Top Chinese banks had been expecting to win approval for negotiable certificates of deposit worth CNY10 billion.
SBI expects INR4 billion in capital infusion
The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.
110 China brokerages to undergo government scrutiny after USD3.8 billion buy error
There were more than 110 China brokerages that would undergo government probe after Everbright Securities made a CNY23.4 billion buy order error.
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Markit, a financial data company, said that the US factory activities increased by 53.9% which was its best rise since March.
Amgen Inc. might announced the agreement to acquire Onyx Pharmaceuticals Inc. for USD 125 per share piece as soon as Monday.
Infosys Vice President and Financial Services Head for the Americas Sudhir Chaturvedi announced resignation following a previous exit of the company's head of global sales, Basab Pradhan.
The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.
The number of Americans who filed for jobless benefit claims fell to a nearly six year low while US manufacturing activity increased this month.
All trading on Nasdaq were halted last Thursday after the stock exchange encountered a technical issue during midday.
Chinese regulators sought confessions from foreign companies regarding any committed antitrust violations and warned them about hiring external lawyers to fight the said accusations.
Bloomberg LP said that it would appoint an ombudsman that would create a task force how news was derived from sources by each company journalist.
Hinduja co-chairmen Gopichand and Srichand Hinduja had issued a laudatory statement to the Finance Minister's reassurances.
