Business news

SpiceJet to choose between Boeing and Airbus for Rs 75,000-crore deal

The airline has laid the condition of early deliveries as the selling point of the deal.

Feb 9, 2016

Glaxo, Auro Pharma and Dr Reddy's to report better topline in December quarter: Angel Broking

The brokerage firm expects these pharma majors to post a growth of anywhere between 13 percent to 20 percent in their December quarter revenues.

Feb 9, 2016

IT shares plunge after Cognizant lowers guidance for March quarter

The sell-off in IT stocks is also partly due to weakness in the benchmark indices.

Feb 9, 2016

Amazon Black Friday 2014 Deals: Everything To Know About The Biggest Annual Sale

Amazon pumps in additional Rs 1,980 crore to boost India operations

The Jan. 28 investment in Amazon Seller Services is aimed at increasing activity in the competitive field of online retail industry.

Feb 9, 2016

Cognizant Q4 profit up 17%, revenue guidance for March quarter lowered

Cognizant estimated its revenues to grow in the range of $13.65 billion to $14.20 billion in 2016.

Feb 9, 2016

LafargeHolcim receives revised divestment order from India

Lafarge said last week it was reviewing its divestment plan in India after talks with Birla Corp. fell through.

Feb 9, 2016

Jewellers to go on strike over PAN norms on cash purchases

Jewellery makers and traders claim loss of business as a majority of population don't have PAN cards.

Feb 8, 2016

GoAir mulling $175 million IPO amid uncertainty over Airbus aircraft delivery

Airbus recently indicated that on account of some "industrial reasons" there could be a delay in the delivery of the aircraft.

Feb 8, 2016

Hidesign refocusing on overseas markets

Dilip Kapur, president of the lifestyle brand, spoke to IBTimes about the company's journey so far and its plans for the future, which include striking local partnerships while realigning its focus on the international market.

Feb 8, 2016

Iran asks Indian refiners to pay $6 billion dues in euros: Report

A PTI report said Iran will open or reactivate its accounts with Indian banks for the purpose.

Feb 8, 2016

Infosys using new system iCount to assess employee performance

Infosys employees will get feedback on their performance throughout the year under the new tool.

Feb 8, 2016

Paytm lets you buy milk and vegetables using your debit/credit cards

Paytm plans to hire 3,000 people for its payments bank business

The company has a starting budget of Rs 400 crore.

Feb 8, 2016

US FDA suggests ban on blood samples collection from Zika affected areas

Top private equity firms in line to buy out stakes in Bharat Biotech: Report

The company, which announced a breakthrough in developing Zika vaccine, is likely to be valued at Rs 4,070 crore.

Feb 8, 2016

Private telcos may get revenue boost of Rs 1.5 lakh crore from BharatNet by 2020

However, the operators are wary of major challenges over the right of way (RoW) to instal cables.

Feb 8, 2016

Cognizant plans to set up SEZ in Telangana

The proposed IT/ITeS special economic zone, which will be spread over 2.51 hectares, will come up in Ranga Reddy district of Telangana.

Feb 8, 2016

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