Business news

Theresa May hails Nissans investment as fantastic news for UK post-Brexit

Japanese carmaker Nissan has revealed plans to secure 7,000 jobs in Britain, after confirming it will build its new Qashqai model at its Sunderland plant. Prime Minister Theresa May called the decision a very important commitment but did not specifically comment on any sweeteners or deals the government has made with Nissan. Late in September, group chief executive Carlos Ghosn warned that the company would need compensation for any tax barriers that might follow in the wake of the UK leaving the European Union.

Oct 27, 2016

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Tech Mahindra Q2 net profit falls 17.5% YoY to Rs 643.40 crore

Revenues grew 8.3 percent YoY and 3.6 percent QoQ to Rs 7,167.4 crore, Tech Mahindra said in a statement.

Oct 27, 2016

Central government under pressure from tobacco industry ahead of WHO conference

The Indian tobacco industry, which is the world's third-biggest tobacco producer, wants the Modi government to soften its stance on tough controls.

Oct 27, 2016

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Vijaya Bank shares hit 52-week high on upbeat Q2 results

The Bengaluru-based public sector lender reports 34 percent rise in net profit for the September quarter; stock gains sharply.

Oct 27, 2016

Full Text: Tata Sons hits back at Cyrus Mistry for letter leak

Mistry, in his letter, had lashed out at the group for sacking him in an abrupt manner and without any explanation.

Oct 27, 2016

JSW Steel net profit rises 1,200% in Q2; board approves 1:10 stock split

Net profit jumps to Rs 726 crore, while income increases 20 percent in Q2 for JSW Steel.

Oct 27, 2016

Channel 5s Me and My Mental Illness hears stories of sufferers including Alastair Campbell

Journalist Alastair Campbell and former boxer Frank Bruno both tell of their struggles in a new Channel 5 documentary Me and My Mental Illness being broadcast on Tuesday 1 November at 10pm. It looks at different mental health problems as sufferers speak directly and frankly about their experiences.

Oct 27, 2016

IBM buys Bengaluru-based hybrid cloud firm Sanovi Technologies

Sanovi Technologies provides cloud migration, business continuity and IT recovery solutions.

Oct 27, 2016

AirAsia India in trouble; rivals seek probe for alleged violation of FDI norms

In its plea, the FIA alleges that AirAsia, Tata group did not disclose their brand equity agreement when seeking flying permit.

Oct 27, 2016

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Maruti Suzuki posts 60% rise in Q2 net profit, sales up 29%

India's largest car-maker Maruti Suzuki attributed the growth in net profit to overall improvement in operations.

Oct 27, 2016

Aircel tries to match Jio with its latest offer

Apple's iPhone sales in India grew more than 50% in FY2016: Tim Cook

The information came during a conference call addressed by Apple chief executive Tim Cook after FY2016 results.

Oct 27, 2016

Making future designs of edge-to-edge display smartphones possible

Samsung Electronics vows mobile rebound, dangles buyback after Note 7 shock

Samsung posted a 96 percent plunge in third-quarter mobile earnings to 100 billion won ($87.63 million) from a year earlier.

Oct 27, 2016

Cyrus Mistry accuses Tata Group of fraudulent transactions, warns of $18 billion write down

Mistry also said the Tata Nano project had failed and was required to be shut down in a bid to revive Tata Motors.

Oct 27, 2016

Full text: Cyrus Mistry's letter to Tata Sons Board

The letter written by Cyrus Mistry has dealt a huge blow to the image of the company.

Oct 27, 2016

Jammu and Kashmir: Pakistan violates ceasefire in RS Pura again, 6 civilians injured

Civilians along the border have been evacuated to safer places.

Oct 27, 2016

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Business news

Theresa May hails Nissans investment as fantastic news for UK post-Brexit

Tech Mahindra Q2 net profit falls 17.5% YoY to Rs 643.40 crore

Central government under pressure from tobacco industry ahead of WHO conference

Vijaya Bank shares hit 52-week high on upbeat Q2 results

Full Text: Tata Sons hits back at Cyrus Mistry for letter leak

JSW Steel net profit rises 1,200% in Q2; board approves 1:10 stock split

Channel 5s Me and My Mental Illness hears stories of sufferers including Alastair Campbell

IBM buys Bengaluru-based hybrid cloud firm Sanovi Technologies

AirAsia India in trouble; rivals seek probe for alleged violation of FDI norms

Maruti Suzuki posts 60% rise in Q2 net profit, sales up 29%

Apple's iPhone sales in India grew more than 50% in FY2016: Tim Cook

Samsung Electronics vows mobile rebound, dangles buyback after Note 7 shock

Cyrus Mistry accuses Tata Group of fraudulent transactions, warns of $18 billion write down

Full text: Cyrus Mistry's letter to Tata Sons Board

Jammu and Kashmir: Pakistan violates ceasefire in RS Pura again, 6 civilians injured

Bigg Boss Kannada 8 Abruptly Ends Due to Covid-19 Surge; Contestants Sent Home

Mother's Day 2021: Malaika Arora says she always wanted a daughter; Here's why

Mild COVID-19 Infection Unlikely to Cause Long-term Heart Damage; New Study Brings Good News