Business news

Sun Pharma

Dr Reddy's, Sun Pharma and 3 other Indian generic drugmakers sued over US price-fixing conspiracy

The five Indian drugmakers include -- Dr Reddy's Laboratories, Sun Pharmaceuticals, Emcure Pharmaceuticals, Zydus Cadila Pharmaceuticals and Glenmark Pharmaceuticals.

Nov 2, 2017

Facebook, Google and Twitter have circulated some of the most outrageous fake news

Facebook, Google and Twitter have circulated some of the most outrageous fake news

Since Donald Trumps 2016 presidential election campaign trail, fake news has been thrust into the spotlight. Tech companies such as Facebook, Google and Twitter have come under scrutiny for failing to stop the circulation of fake news. On 31 October, representatives from these three tech companies are testifying on Capitol Hill for the Russian-tie investigation for the 2016 Presidential Election Campaign.

Nov 2, 2017

Bharti Airtel

Slowdown in telecom sector puts 100,000 jobs at risk; is Bharti Airtel first to face the heat?

Facing the heat of the economic slowdown, Bharti Airtel has reportedly reduced its headcount by 1,805 employees in India in the last one year.

Nov 1, 2017

tata steel, tata steel share price, tata steel q4 results, tata steel fy17 results, tata steel sells uk business, tata group, national steel policy 2017

Is merger with ThyssenKrupp affecting the roles of Tata Steel's top level executives?

Tata Steel and ThyssenKrupp signed a memorandum of understanding (MoU) in September and the deal makes the firms the continent's second-largest steelmaker after ArcelorMittal.

Nov 1, 2017

Jaquar Bath Fittings

Jaquar plans to make lighting a Rs 1,000-crore business in 2-3 years

Jaquar also plans to tap the global market with the slogan "Proudly made in India for the world."

Nov 1, 2017

Zomato

Zomato in early talks with Swiggy for merger: Report

Zomato had reportedly offered a 1:4 share swap ratio to Swiggy, which isn't likely to be agreed upon by its shareholders.

Nov 1, 2017

Airtel

Bharti Airtel Q2 net profit fall 64% at Rs 586.10 cr as price war continues

The company's weak result is primarily because of intense competition led by Reliance Jio Infocomm.

Oct 31, 2017

Namma TYGR

Namma TYGR to challenge Ola, Uber: 10 things you need to know about Kumaraswamy's new cab service

Former Karnataka CM and JD-S leader HD Kumaraswamy has launched a new cab service called Namma TYGR, which will compete with Ola and Uber in Karnataka.

Oct 31, 2017

IDFC

Why IDFC–Shriram Group called off merger?

On July 8, both the companies entered into a 90-day agreement to evaluate a strategic combination of their relevant financial services.

Oct 31, 2017

stock market

Goldman Sachs, Citigroup bullish on Sensex and Nifty, upgrade targets

The banking groups believe that government reforms would offset challenges such as valuation and poor earnings growth and would propel the Sensex and Nifty to newer highs in 2018.

Oct 31, 2017

Reliance Jio

New strategy: Reliance Jio to launch broadband, TV services in early 2018

The broadband services includes television services as well as internet in more than 30 cities.

Oct 30, 2017

How P2P apps are changing the world

How P2P apps are changing the world

P2P stands for peer-to-peer, direct transfer between two people. Apps like Paypal and Venmo are popular examples of P2P technology that are revolutionizing how we deal with finances and interact on a global scale.

Oct 30, 2017

ONGC

ONGC hits 5-month high as Q2 net profit rises 3%

Shares of country's biggest oil and gas producer were up as much as 4 percent on Monday's trade, it also registered a spurt in volume by more than 2.45 times.

Oct 30, 2017

gst, gst council, gst rates, arun jaitley, july 1, modi govt

Govt likely to lower GST rate for small business, is this an election strategy?

The ministerial panel recommended a new tax rate under the composition scheme would be 1 percent for traders, manufacturers and restaurants, which previously stood at 1 percent, 2 percent and 5 percent, respectively.

Oct 30, 2017

GST

GST network: 18 of 27 glitches fixed, Infosys to expand team to put GSTN on track

The IT company, in it its meeting with the GoM on October 25, told the group that it would step up its 100-member team to speed up the bug fixing exercise.

Oct 29, 2017

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