Business news

Chennai Floods: After TCS, Wipro says Q3 revenues will take a hit

The company revised its guidance for the third quarter ending 31 December, 2015.

Dec 16, 2015

China: COFCO in talks to acquire full ownership of Noble's agribusiness

COFCO is in talks to buy the remaining 49% of Singapore-listed Noble's agribusiness for around $700-$750 million.

Dec 16, 2015

Walt Disney, EA shares soar as 'Star Wars: The Force Awakens' receives praise

On Tuesday, shares of Walt Disney rose 3.75 percent

Dec 16, 2015

Reliance Jio likely to launch 4G services in select areas by 28 December

The data download speeds on Reliance Jio 4G network went up as high as 60-70 Mbps.

Dec 15, 2015

Sensex, Nifty up for 2nd straight day; auto, energy stocks lead rally

ONGC, Reliance Industries and Cairn India gained between 2.10 and 2.30% on the NSE.

Dec 15, 2015

Snapdeal will be available in 11 regional languages by Republic Day

The platform allows users to pick the language of their choice for browsing, for payments and for order tracking.

Dec 15, 2015

General Electric sells Japan lending unit for $4.8 billion to Sumitomo Mitsui

The deal will be concluded by April 2016.

Dec 15, 2015

Japan's SoftBank clinches first solar power project in India

Prime Minister Narendra Modi aims to generate renewable energy of 100,000 MW by 2022.

Dec 15, 2015

Air India to turn profitable on cheaper fuel prices, Dreamliner operations

Each Dreamliner aircraft can carry 256 passengers in single flight compared to 195 seat capacity in older aircraft.

Dec 15, 2015

Reliance Jio 4G offered peak download speed of 70 mbps during trial phase: Credit Suisse

At a peak speed of 70 mbps, a user can download a Bollywood movie in just 30 seconds.

Dec 15, 2015

Samsung appeals Apple patent 'windfall' ruling to US apex court

Samsung's petition must first be accepted for review by the Supreme Court.

Dec 15, 2015

Sensex edges down; banks hit ahead of Fed meeting

Investors have mostly priced in a Fed rate hike this week.

Dec 15, 2015

Lockheed wins contract worth $1.09 billion to build PAC-3 missiles for US Army, others

The contract runs through June 2019, the US Defense Department said in its daily digest of major arms contracts.

Dec 15, 2015

Play

Vladimir Putins funny walk the result of Russias KGB training

Analysis of well-known Russian officials walking style points to some sort of weaponry training.

Dec 14, 2015

Alibaba to pay $266 million to acquire South China Morning Post

The deal includes SCMP's magazines, outdoor media, education and digital business.

Dec 14, 2015

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