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Snap share price: Be prepared for 'disappointment,' warns analyst

Out of the 20 tech companies that went public in the US in the last decade, nine are trading below IPO price, says an analyst; Snap incurred $500 million loss in 2016.

Mar 4, 2017

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Snap gains further on NYSE; top 3 IPOs that crossed expectations on listing

Snap ended 10.66 percent higher at $27.09 on Friday, after listing at 44 percent premium to $17 issue price. Here is a look at some of the top tech IPOs and how they fared on the day of listing.

Mar 4, 2017

Snap more valuable than Twitter, CBS Corp and American Airlines after stellar listing

Snap owns mobile app Snapchat, co-founded by Evan Spiegel and Bobby Murphy; the share closed 44 percent higher to the issue price of $17.

Mar 3, 2017

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Kerala Budget 2017 leaked: First time in the history of state assembly? Citizens react

Kerala finance minister T M Thomas Isaac, reacting to the allegations of the budget leak, said the papers in circulation on social media were the highlights of the budget prepared for the media.

Mar 3, 2017

Mahindra may tie up with Ford India for using Chennai plant for passenger vehicles

Ford India's Chennai plant, which can produce around 2 lakh units annually, is currently being underutilised.

Mar 3, 2017

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Reliance Industries hits new 52-week high; CLSA upgrades stock to Rs 1,500

Shares of Mukesh Ambani-controlled Reliance Industries Ltd.(RIL) have been rising sharply ever since Reliance Jio rolled out its new 4G plans.

Mar 3, 2017

Kerala Budget 2017 Highlights: FM Thomas Isaac's 8th budget ends in anti-climax

Kerala finance minister T.M. Thomas Isaac presents the 68th state budget in the Assembly.

Mar 3, 2017

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Pepsi, Coca-Cola get relief from Madras High Court over water usage in Tamil Nadu

The Madras High Court dismisses a ban imposed on supplying water to Pepsi and Coca-Cola units in Tamil Nadu.

Mar 2, 2017

The decline and fall of Uber: How the iconic cab-hailing service is coming undone

Uber has been going through a rough patch for the past six months and things appear to be getting worse for the American cab-hailing company with each passing month.

Mar 2, 2017

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Sensex eyes all-time high after Dow Jones Industrial Average hit record high

On Thursday, Indian benchmark indices Sensex and Nifty gained sharply in response to the DJIA making history by crossing the 21,000-mark.

Mar 2, 2017

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Photo-sharing app Snapchat's parent company Snap hopes to raise $3.4 billion in IPO

Snapchat's parent company Snap has priced its initial public offering at $17 a share and hopes to raise $3.4 billion.

Mar 2, 2017

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Ford pips Hyundai, Maruti Suzuki to emerge as largest car exporter in February

In December 2016 also, the India arm of Ford Motors was the largest exporter, ahead of Hyundai, Nissan and Maruti Suzuki.

Mar 1, 2017

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GreyOrange Butler robots selected by Japan's home furnishing chain to handle logistics

Nitori Holdings Group's subsidiary Home Logistics will deploy GreyOrange Butler robots for services across Nitori's 400 stores.

Mar 1, 2017

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Boris Johnson: We export Nigel Farage to America

Foreign Secretary Boris Johnson spoke at The British Chambers of Commerce (BCC). The BCC has said that Brexit should be delayed if a trade deal cannot be struck by the end of the two-year negotiation process. It has also called for firms to be allowed freedom to continue recruiting skilled and low-skilled workers from the European Union, even after the UK has broken away from Brussels.

Mar 1, 2017

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Thai Airways springs a surprise after 4 years

Thai Airways International reports profit of 15 million baht in 2016 as against 13 billion baht loss in the previous year.

Mar 1, 2017

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