Business news

IndiGo to File Prospectus with Regulator Next Week for $400 Million IPO

The company will be offering 10% stake to the public.

Jun 27, 2015

Sensex May Fall by Over 2,000 Points in Next 3 to 4 Months, Says Analyst

It's because the Indian economy is undergoing a "major macro-economic transition", says Mukherjea of Ambit Capital.

Jun 27, 2015

Coffee Day Files for IPO to Raise Funds Worth ₹1,150 crore

The funds raised from the IPO will mainly be used towards repayment of debt and in opening of new stores across the country.

Jun 27, 2015

Wall Street Journal to Close India Edition

The India edition, launched in 2009, will be merged into its global website.

Jun 27, 2015

Is Accenture's Robust Growth Negative for Indian IT Companies?

The company is growing at the cost of Indian players, suggest analysts.

Jun 26, 2015

After Maggi Noodles Ban Nestle Plans Ready-to-Eat Snacks Options - Report

The Indian arm of Swiss multinational may roll out an alternative snack in "ready-to-eat" or "ready-to-cook food" form.

Jun 26, 2015

Foxconn to Tie up with Adani Group; Plans to Set up 4 Plants in India

Senior executives of Apple iPhone assembler Foxconn have already toured a few states to look for sites suitable for manufacturing units.

Jun 26, 2015

TCS Expands goIT Student Awareness Program to 20 States in US

This year, goIT will reach students in 27 cities across the US and Toronto, Canada.

Jun 25, 2015

Lenovo K80: Smartphone with 4GB RAM and 4000 mAh battery

'Make in India': Lenovo Plans to Set Up Smartphone Making Unit, Says Report

Foxconn, Quanta Computer and Xiaomi have also hinted at similar plans.

Jun 25, 2015

ICICI Bank Reduces Base Rate to 9.7%

The latest cut by ICICI Bank makes its base rate equal to that of state-owned SBI.

Jun 25, 2015

Experts Differ on Infosys' Realignment of its Experienced Staff

India's second largest firm plans to place its experienced employees evenly across 23,000 projects currently being executed by the company.

Jun 25, 2015

Samsung to Roll Out 10 New Smartphone Models Next Quarter; Devices to be Priced between ₹9,000 and ₹18,000

The company is expected to introduce two new models -- Galaxy J7 and J5 -- for sale in early July.

Jun 25, 2015

Micromax Likely to Sell 25% Stake to China's Alibaba for $700 million

If the deal goes through, the investment will be first by any foreign investor in the domestic handset manufacturer.

Jun 25, 2015

Tech Mahindra to Set up New Healthcare Unit though Outsourcing Deal

Under the new deal, Tech Mahindra will develop technologies for patient care and operational delivery, and reduce costs for the U.K. firm

Jun 25, 2015

SpiceJet Rolls Out Mobile App for Android, iOS Customers

The mobile app enables the customers to pay ticket fares through Quick pay, credit card, debit card and Internet banking.

Jun 24, 2015

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