Business news

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Huawei reports 32% rise in sales in 2016 but profit remains flat

In 2016, Chinese tech firm Huawei saw its sales grow 32 percent to $75.1 billion, yet net profit was flat at $5.3 billion.

Mar 31, 2017

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Why associate bank employees are unhappy as five banks merge with SBI

The biggest grievance is the provident fund (PF) benefit which is being extended to these employees is with effect from April 1, 2017, and not their dates of joining.

Mar 31, 2017

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Kotak Mahindra Bank unveils digital banking initiative '811'

"811" offers a zero balance savings account with zero charges for all digital transactions.

Mar 31, 2017

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NPCI, Reliance Retail launch in-store UPI payments facility

The in-store UPI payment facility is currently live in more than 200 Reliance Retail stores in Mumbai across formats.

Mar 31, 2017

Amazon CEO Jeff Bezos, amazon share price, amazon acquires souq

Souq acquisition lifts Amazon's share price; founder Jeff Bezos becomes world's second-richest man

Jeff Bezos has a net worth of $75.6 billion, $700 million more than Berkshire Hathaway Inc.'s Warren Buffett.

Mar 30, 2017

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Gold mine with reserves of 550 tonnes found in China; Yellow metal discovered in India too

China's Shandong Gold Group said 382 tonnes of gold reserves have been detected till now in the Shandong Province.

Mar 30, 2017

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Saudi Aramco formally appoints banks to advise on share sale

JPMorgan Chase & Co, Morgan Stanley and HSBC have been appointed as international financial advisers for the initial public offering, say sources.

Mar 30, 2017

Four coolest sightings from the planet Mars

From Martian Iguana to blue sunsets, check out the four coolest sightings spotted in Mars in the last decade.

Mar 30, 2017

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Nomura elevates Prabhat Awasthi as India head

Vikas Sharma, current Head of India, has been elevated to Head of Asia ex-Japan.

Mar 30, 2017

Lord Michael Heseltine: Brexit spits in the wind of every Conservative prime minister

Speaking to IBTimes UK on 29 March, the day Article 50 was officially triggered, Conservative politician Lord Michael Heseltine said that Brexit was a serious diminish in British power and influence. Sir Tim Barrow, the British Ambassador to the EU, handed Donald Tusk a letter signed by May signalling the UKs desire to begin formal divorce proceedings.

Mar 29, 2017

‘We miss you already’: EU’s Donald Tusk accepts Brexit notice

After receiving Theresa Mays Brexit notice, Donald Tusk says that the European Union is unhappy Britain is leaving, but the other 27 states are now more united and will protect their interests.

Mar 29, 2017

Former Mexican president calls Trump ‘a big mouth, a Twitter-er, and a liar’

Outspoken ex-Mexican President Vicente Fox has slammed US President Donald Trump as a failing leader on 28 March.

Mar 29, 2017

Brexit day: Prime Minister Theresa May tells parliament that Article 50 has been triggered

Prime Minister Theresa May has formally told the UK parliament that Article 50 has been triggered on 29 May. Sir Tim Barrow, the British Ambassador to the EU, handed Donald Tusk a letter signed by May signalling the UKs desire to begin formal divorce proceedings.

Mar 29, 2017

Shadow Defence Secretary Nia Griffith urges Theresa May to get down to work

Labours Shadow Secretary of State for Defence as told IBTimes UK that Thresay May need to get down to work and that there is still a lot of uncertainty surrounding Brexit. The UK has officially triggered Article 50 as Sir Tim Barrow, the British Ambassador to the EU, handed Donald Tusk a letter signed by Theresa May signalling the UKs desire to begin formal divorce proceedings.

Mar 29, 2017

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How will Supreme Court's ban on sale of BS-III vehicles affect automobile industry?

The Supreme Court has ruled that the health of millions of people cannot be put to risk by selling BS-III vehicles for commercial gains.

Mar 29, 2017

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Business news

Huawei reports 32% rise in sales in 2016 but profit remains flat

Why associate bank employees are unhappy as five banks merge with SBI

Kotak Mahindra Bank unveils digital banking initiative '811'

NPCI, Reliance Retail launch in-store UPI payments facility

Souq acquisition lifts Amazon's share price; founder Jeff Bezos becomes world's second-richest man

Gold mine with reserves of 550 tonnes found in China; Yellow metal discovered in India too

Saudi Aramco formally appoints banks to advise on share sale

Four coolest sightings from the planet Mars

Nomura elevates Prabhat Awasthi as India head

Lord Michael Heseltine: Brexit spits in the wind of every Conservative prime minister

‘We miss you already’: EU’s Donald Tusk accepts Brexit notice

Former Mexican president calls Trump ‘a big mouth, a Twitter-er, and a liar’

Brexit day: Prime Minister Theresa May tells parliament that Article 50 has been triggered

Shadow Defence Secretary Nia Griffith urges Theresa May to get down to work

How will Supreme Court's ban on sale of BS-III vehicles affect automobile industry?

Plasma is largely useless; barely helps COVID patients [Read Lancet study]

Bigg Boss Kannada Contestant KP Aravind on his Relationship with Divya Uruduga: It is Looking Positive for Now

UFO plunged into ocean in front of US Navy officials, netizens suspect marine alien base