Business news

Infosys' CEO Sikka speaks during a news conference at company's headquarters in Bangalore

Infosys Top Executives See 170-210% Hike in Compensation, but CEO Vishal Sikka not the Highest Paid

Rao, the COO of Infosys, saw a 204% increase in his total compensation.

May 22, 2015

Airbus Group President warns of Brexit threat

European aerospace giant Airbus has weighed into a debate about Britains future in Europe, warning of job losses and huge economic risks if the country votes to leave the European Union in a referendum to be held by 2017.

May 22, 2015

Nestle Claims Unsafe Maggi Noodles not Available in the Market; Not Using MSG

Nestle said batch of Maggi noodles asked to recall had already crossed best-before date in November.

May 22, 2015

David Cameron fails to distract from immigration figures embarrassment with crackdown claims

David Camerons major policy speech on immigration was overshadowed after official figures showed that the prime ministers net migration target of tens of thousands had moved an order of magnitude out of reach.

May 21, 2015

WHO: Global health care needs revamping to avoid Ebola-like ‘tragedy’

The World Health Organization (WHO) said on Thursday (21 May) efforts must be made for the global health care system to be improved as a whole, as the week of 17 May saw the highest weekly total of confirmed cases of Ebola for over a month.

May 21, 2015

Tata Steel Shares Slump on Sharp Fall in Profit

The company reported net loss of ₹5,674 crore for the March 2015 quarter, as against net profit of ₹1,036 crore in Q4, 2013-14.

May 21, 2015

AirAsia Starts Operations from Delhi; Inaugural Flights Launched at ₹1/km

Delhi will act as a hub for the Indo-Malaysian low cost carrier to cater to North Indian market

May 21, 2015

George Osborne warns that EU is ‘sleepwalking’ out of global economy

The European Union risks pricing itself out of the global economy by excessive regulation, Chancellor of the Exchequer, George Osborne said on Wednesday (20 May), making the case for reforms in the bloc ahead of a referendum on whether Britain remains a member.

May 21, 2015

Myntra Sees 10% Drop in Sales After Moving to App-only Format

But Myntra's rivals such as Snapdeal and Amazon do not seem to be in a hurry to shut down their websites.

May 21, 2015

Political Times: Business leaders warn of Brexit and Ukip civil war ceases

Senior politics reporter Ian Silvera rounds up the week in Westminster.

May 20, 2015

China: Worlds largest Disney store opens in Shanghai

The worlds largest Disney store opened its doors to the public in Shanghai on Wednesday (20 May), giving fans of Mickey and Minnie the chance to browse row upon row of toys and Disney-themed products in the heart of Shanghais financial district.

May 20, 2015