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GM Plans to Invest $1 billion in India; Country to Be Global Export Hub

India is projected to emerge as the world's third-largest passenger vehicle market by 2020, next to China and the US.

Jul 29, 2015

Investigators conclude pilot training fell short in Virgin Galactic crash

Test pilots at the helm of a Virgin Galactic passenger spaceship that crashed last year were unaware of the catastrophic consequences of unlocking the crafts moveable tail section too early because of poor training, investigators probing the fatal accident said on 28 July.

Jul 29, 2015

100K Employees of TCS, Infosys, Wipro Quit Jobs in 4 Quarters

Higher attrition levels of 19%-20% are becoming a 'new normal' for major IT companies.

Jul 29, 2015

Qatar Airways Eyeing Stake in Indigo, Not in SpiceJet: Report

Qatar Airways says the SpiceJet stake sale comments are unfounded and are believed to be deliberately spread to influence share valuations.

Jul 29, 2015

Oil prices Fall over Concerns of Global Oversupply

The Department of Energy's Energy Information Administration will release official U.S. oil inventory data later on Wednesday.

Jul 29, 2015

CCI Orders Rs 420 Crore Penalty on Hyundai for Unfair Trade Practices

The competition watchdog also found Mahindra Reva and Premier Ltd in violation of competitive practices, but did not impose any fine.

Jul 28, 2015

SpiceJet Q1 Profit Skyrockets to Rs 72 Crore, Shares Gain 5%

SpiceJet had reported a net profit of Rs 22.5 crore in the March quarter

Jul 28, 2015

Flipkart Opens Offline Collection Centers for Online Purchases

Flipkart plans to increase the number of collection centres to 100 across the country by March next year.

Jul 28, 2015

RBS Plans to Sell Private Banking Unit to Sanctum Wealth: Report

Shiv Gupta, the current managing director for RBS' private banking operations in India, will head the Sanctum, said a RBS spokesperson.

Jul 28, 2015

'Make in India': Lava to Spend Rs 2,615 crore to Set up 2 Manufacturing Plants

The units will produce 18 million handsets a month, once they become operational.

Jul 28, 2015

Carlsberg surprise airport passengers by replacing their luggage with crates of beer

Beer giant releases video of publicity stunt at London City Airport.

Jul 27, 2015

redBus Expands Bus Ticketing Services to Singapore, Malaysia

The current expansion by redBus is its first outside the domestic market.

Jul 27, 2015

Sensex Plummets 550 Points on Fears Over P-Notes, Chinese Market Crash

P-notes enable foreign investors to take exposure in Indian stock markets without registering with market regulator Sebi.

Jul 27, 2015

Chinese Stock Market Plunges 8% over Growth Worries

The benchmark Chinese equity index fell 8.5%, posting its worst one-day decline since February 2007.

Jul 27, 2015

Rajesh Exports Buys 100% Stake in World's Largest Gold Refining Firm Valcambi

The deal will give Rajesh Exports access to precious metals in raw form at "competitive prices."

Jul 27, 2015

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