Business news

Airbus net profit falls 23% in March quarter

Revenues for the quarter rose 1 percent to â‚¬12.183 million (about $13.48 billion), Reuters reported.

Apr 28, 2016

P&G shifting away from 'unprofitable' businesses in India

P&G, which released its quarterly results in the U.S. on Wednesday, said it seeks to improve its domestic performance.

Apr 28, 2016

Reliance Lyf makes it to top five smartphone brands in India: Counterpoint Research

Global smartphone shipments witness flat growth in Q1 2016: IDC

Top brands such as Samsung and Apple registered negative growth in smartphone shipments in the first quarter of 2016.

Apr 28, 2016

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Bharti Airtel Q4 beats estimates as more customers pay for mobile internet

Consolidated net profit rose to 12.90 billion rupees ($194.23 million) in the quarter ended March 31.

Apr 28, 2016

US keeps India on intellectual property priority watch list for third year in a row

The watch list by the U.S. Trade Representative's Office shames governments across the world for insufficient copyright laws.

Apr 27, 2016

Sensex, Nifty gain despite Asian markets ending with losses

Sensex and Nifty rallied on crude oil prices hitting 2016 highs. Asian stocks closed lower ahead of policy decisions by the US Fed and Bank of Japan.

Apr 27, 2016

LG Display Q1 net profit down almost 100 percent YoY, seen as a sign of challenging market conditions

LG Display's quarterly earnings this year are the lowest in the last four years.

Apr 27, 2016

Nandan Nilekani invests undisclosed amount in railway app RailYatri.in

RailYatri apps uses deep-analytics technology to make smart predictions about a train's arrival or delay, booking confirmation and other details.

Apr 27, 2016

JSPL to sell Chhattisgrah power plant to Sajjan Jindal's JSW Energy; shares rise

The JSPL- JSW Energy deal is reportedly valued at about Rs. 6,000 crore.

Apr 27, 2016

Amazon Prime offers best deal on iPhones

Apple's revenue drops for the first time since 2003; slump in iPhone sales responsible?

The company's share value dropped 8 percent within hours of the announcement of Apple's second quarter results.

Apr 27, 2016

Chipotle freebies fail to overcome food safety fears; shares fall

Shares of the Denver-based burrito chain fell almost 5 percent after the first quarter results.

Apr 27, 2016

AT&T to invest $10 billion for global economic service

AT&T loses TV subscribers; profit beats expectations

AT&T has been seeking new revenue sources in an over saturated wireless market.

Apr 27, 2016

Twitter stock plunges after revenue misses estimates

Twitter shares plunged 13.6 percent to $15.34 in late trade on Tuesday after reporting lower-than-expected revenue.

Apr 27, 2016

Axis Bank reports marginal fall in net profit for March quarter

The fall in Axis Bank's net profit was due to 64 percent rise in provisioning for bad loans.

Apr 26, 2016

Government rules out stake sale in Air India

In a written reply to Parliament, Minister of State for Civil Aviation Mahesh Sharma denied moves to sell stake in Air India, reports PTI.

Apr 26, 2016

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Business news

Airbus net profit falls 23% in March quarter

P&G shifting away from 'unprofitable' businesses in India

Global smartphone shipments witness flat growth in Q1 2016: IDC

Bharti Airtel Q4 beats estimates as more customers pay for mobile internet

US keeps India on intellectual property priority watch list for third year in a row

Sensex, Nifty gain despite Asian markets ending with losses

LG Display Q1 net profit down almost 100 percent YoY, seen as a sign of challenging market conditions

Nandan Nilekani invests undisclosed amount in railway app RailYatri.in

JSPL to sell Chhattisgrah power plant to Sajjan Jindal's JSW Energy; shares rise

Apple's revenue drops for the first time since 2003; slump in iPhone sales responsible?

Chipotle freebies fail to overcome food safety fears; shares fall

AT&T loses TV subscribers; profit beats expectations

Twitter stock plunges after revenue misses estimates

Axis Bank reports marginal fall in net profit for March quarter

Government rules out stake sale in Air India

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]