Business news

Apple posts annual earnings of $53.4 bn riding soaring sales of iPhone

The growth was fueled by record fourth quarter sales of iPhone.

Oct 28, 2015

Two TCS employees held for 'tampering' with GIA's diamond grading database

One of the employees had quit his job before the investigation was over.

Oct 28, 2015

Volkswagen posts its first quarterly loss in at least 15 years

VW reported a third-quarter operating loss of 3.48 billion euros.

Oct 28, 2015

Rivals gear up for competition to come from Maggi relaunch

Wai-Wai noodles maker, which benefited from a ban on Maggi, is planning a nationwide advertising campaign.

Oct 28, 2015

New Oracle catalog helps children to learn programming

The workshops for children focused on topics like Greenfoot, Alice, Minecraft Modding, Java, Python, Scratch and Raspberry.

Oct 28, 2015

Apple makers to focus on iPhone sales during holiday season

Many analysts believe China is set to replace the United States as Apple's biggest market.

Oct 28, 2015

Honda CEO sees uncertain outlook despite good showing in China

The CEO expects the sales growth to slow down, since there is uncertainty in the outlook of China.

Oct 28, 2015

Twitter shares fall on revenue forecast, anaemic user growth

Twitter had 320 million average active monthly users in the third quarter

Oct 28, 2015

Govt plans to emulate Axis Bank-type stake sale to offload shares in IDBI Bank

The government sold its remaining 9% stake in Axis Bank last year for Rs 5,500 crore.

Oct 27, 2015

Maruti Suzuki post Rs.1,225 crore profit for Q2; Axis Bank net up by 19%

Maruti Suzuki sold 3,53,335 vehicles during the quarter under review logging a growth of 9.8 percent.

Oct 27, 2015

Good response to Indigo IPO offer; subscribed by 80.5% on Day 1

Very weak pick up seen in the non-institutional investors segment.

Oct 27, 2015

Tesla CEO Elon Musk hints at opening Gigafactory in India

Modi government aims to generate 100 GigaWatt of solar power in the country by 2022.

Oct 27, 2015

Sensex extends losses ahead of Fed meeting

Lupin shares plunged by over 5% after the company reported a 35% drop in net profit.

Oct 27, 2015

Attacks on India's beef industry hit buffalo meat industry and trade

India is the world's biggest buffalo meat exporter; April-September shipments fell 13.2 percent.

Oct 27, 2015

Diwali Sale: SpiceJet offers over 3 lakh seats for fares starting at Rs 749

Booking tickets through its mobile app will fetch 3% additional discount.

Oct 27, 2015

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