Business news

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TCS reports 8.4% rise in Q2 net profit; revenues up 7.8% in 'unusual' quarter

In dollar terms, the company's revenues stood at $4,374 million and net profit at $986 million.

Oct 13, 2016

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Sensex, Nifty crash after US Fed hints at interest rate hike

The BSE Sensex slumps 440 points while the NSE Nifty loses 135 points.

Oct 13, 2016

Snapchat hires Morgan Stanley, Goldman to manage IPO

JP Morgan Chase & Co, Deutsche Bank AG, Barclays Plc and Credit Suisse Group will also be involved as joint book runners.

Oct 13, 2016

Samsung's Galaxy Note 7 recall is a bigger threat to its credit profile: Fitch Ratings

The financial impact on Samsung over the recall of Galaxy Note 7 and stoppage of its production will be relatively lower, says Fitch.

Oct 13, 2016

Marmitegate: Tesco in dispute with Unilever over price hike

Marmitegate is trending as the spread could run out in Tesco. The store has reportedly refused to raise its prices by 10% amid a row with Unilever about who will bear the brunt of the post-Brexit sterling crash.

Oct 13, 2016

Toshiba faces new lawsuit over accounting scandal

The foreign investors are seeking over 16.7 billion yen (about $162.29 million) in damages.

Oct 13, 2016

Oil prices fall on higher OPEC output, rise in US crude stocks

Traders said oil markets had come under pressure after OPEC reported a rise in production.

Oct 13, 2016

Theresa May: Brexit talks will include the maximum possible access to the European market

Theresa May told Parliament at Prime Minsters Questions that Britain will try for a deal with the European Union that will include the maximum possible access to the single market. Maintaining the governments message of optimism and prosperity, May also went on to say that she was optimistic about the UKs prospects after Brexit.

Oct 12, 2016

US: Ronald McDonald to refrain from public appearances in the wake of creepy clown sightings

McDonalds Corporation says its long-time mascot, Ronald McDonald, will temporarily refrain from making public appearances due to what the companys statement describes as the current climate around clown sightings.

Oct 12, 2016

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IndiGo creates 'quiet zones' in-flight to keep noisy kids at bay

The reason behind marking the rows as "quiet zones" is to ensure business travelers enjoy a hassle-free journey.

Oct 12, 2016

Why a William Hill Amayer merger could be a risky gamble

A merger between bookmaker William Hill and betting company Amaya could be advantageous to the two companies who have suffered recently.

Oct 12, 2016

Mars lander animations released showing expected arrival trajectory

The European Space Agency have released animations showing the expected arrival orbits of the ExoMars 2016 Mission. The missions Schiaparelli lander and Trace Gas Orbiter are expected to reach Mars orbit on 19 October.

Oct 12, 2016

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7th Pay Commission: PNB joins SBI to woo Central government staff with cheaper loans

The salary hike for Central government employees on account of 7th pay commission implementation is tempting banks to woo them.

Oct 12, 2016

Renault to recruit 1,000 employees

Half of the new hires will be in the factories and half in the Group's other sectors, mainly engineering and tertiary functions.

Oct 12, 2016

Qualcomm India President Sunil Lalvani quits: Report

It is believed that Lalvani quit Qualcomm owing to "performance pressure", though the company denies it.

Oct 12, 2016

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Business news

TCS reports 8.4% rise in Q2 net profit; revenues up 7.8% in 'unusual' quarter

Sensex, Nifty crash after US Fed hints at interest rate hike

Snapchat hires Morgan Stanley, Goldman to manage IPO

Samsung's Galaxy Note 7 recall is a bigger threat to its credit profile: Fitch Ratings

Marmitegate: Tesco in dispute with Unilever over price hike

Toshiba faces new lawsuit over accounting scandal

Oil prices fall on higher OPEC output, rise in US crude stocks

Theresa May: Brexit talks will include the maximum possible access to the European market

US: Ronald McDonald to refrain from public appearances in the wake of creepy clown sightings

IndiGo creates 'quiet zones' in-flight to keep noisy kids at bay

Why a William Hill Amayer merger could be a risky gamble

Mars lander animations released showing expected arrival trajectory

7th Pay Commission: PNB joins SBI to woo Central government staff with cheaper loans

Renault to recruit 1,000 employees

Qualcomm India President Sunil Lalvani quits: Report

Leaked! Newly-wed bride Parineeti Chopra flaunts sindoor, mehendi as she poses with husband Raghav Chadha [Photo]

'Raghav ki hui Parineeti': Crowd blesses newly-wed couple; Kabira song plays during Pari's bidaai [Watch]

Humans of Bombay sues People of India over copyright infringement; HONY founder reacts [details]