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Companies

Maruti Suzuki Celerio Diesel

Death of diesel? Maruti to shut down one of the plants making engines - Report

Maruti is looking at deepening the partnership with larger global rival Toyota, which would help it crack the electric and hybrid market in the years to come. Dec 28, 2018
HDFC Bank India

HDFC Group vs Tata Group: Ultimate race to become India's largest conglomerate

After giving lead to HDFC Group on Wednesday, Tatas regained dominance on Thursday with the highest market cap. Dec 27, 2018
Hindustan Unilever

GST anti-profiteering case: Hindustan Unilever to take legal route against NAA order

Hindustan Unilever argued that it has always accepted Goods and Services Tax (GST) as a progressive tax which will benefit consumers and the industry both. Dec 27, 2018
Apple, iPhone XR, PRODUCT RED, World AIDS Day

iPhone made in Chennai: Foxconn to make high-end Apple devices in India - Report

In all probability Apple would look at exporting units made locally as cost-sensitive India is not yet a major market for it. Dec 27, 2018
Baba Ramdev and Acharya Balkrishna

Patanjali sales slump for first time since 2013 due to stiff competition and distribution issues

The reasons attributed to the dip in sales and profits include stiff competition with many rivals companies, mostly multinationals, an introduction of natural and herbal products as well as its own distribution issues post-GST rollout. Dec 27, 2018
Huawei

Trump to invoke national emergency to ban China's Huawei and ZTE in US

In August, President Trump signed an order banning US government and government contractors from using Huawei and ZTE equipment. Dec 27, 2018
hul, hul q4 results, hul net profit, hul and patanjali, hul products, hul share price, hindustan unilever, fmcg companies in india, dabur, patanjali ayurved

Hindustan Unilever fined Rs 383.35 crore for GST profiteering

It is to be noted that this is the highest fine imposed by the NAA for profiteering complaint against any company which is more than double the amount it has already deposited in the Central Consumer Welfare Fund. Dec 26, 2018
Gopalpur port, which was hit by two cyclones in 2013-14, has commenced normal operations in December last year.

Indian Oil drops plan to buy Mundra LNG terminal stake

State-owned oil major had finished due diligence after receiving board approval last year for taking 50 per cent stake in GSPC LNG's Rs 5,000-crore project. Dec 26, 2018
Toyota, Suzuki, Baleno, Corolla

Are Tata and Mahindra pushing Toyota and Suzuki into a hasty alliance deal?

Tata Motors and Mahindra, which are duelling for the third spot in the Indian auto market, are now looking at adding value to their Indian offerings with the help of technological advancement that come from their foreign brands. Dec 26, 2018
Huawei

Chinese firms come out in support of Huawei, no promotion and incentives to employees using iPhones

While some firms in China are reportedly providing subsidies to workers purchasing Huawei phones, others are said to be more aggressive in their stand against the US and Apple products and denying workers promotions and incentives if they use iPhones. Dec 26, 2018
X-ray

Max India to sell health-care assets to Radiant Life Care

The KKR-backed firm will pick up 49.7 per cent in Max Healthcare for $293 million in the first stage to create an entity with a valuation of Rs 7,242 crore. Dec 26, 2018
Facebook CEO Mark Zuckerberg at F8 conference

Facebook India posts 52% jump in revenues at Rs 521 crore; profit soars 40% amid low-cost data

Notably, Facebook's total revenue surged 53 per cent in India which also represents the money it earned through Whatsapp. Dec 25, 2018
Huawei

After US, European nations mooting ban on Huawei over data security concern

A series of ban in the European countries could lead to a financial crisis in Huawei as it is the largest market of the company outside China. Dec 25, 2018
Carlos Ghosn

Carlos Ghosn detention extended over Christmas and New Year

The court's decision is the latest twist in a rollercoaster saga that has gripped Japan and the business world since the auto sector titan was arrested out of the blue in Tokyo on November 19. Dec 23, 2018
Jet Airways

Cash-strapped Jet Airways looks to raise up to $150 million

It has now been a while since Etihad has been approached by Jet Airways chairman Naresh Goyal to put in fresh equity. However, Etihad has made some conditions that are not acceptable to Jet Airways. Dec 23, 2018
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