Companies

Q3 results: Xiaomi pips Apple and Fitbit in wearable devices segment

Xiaomi grabbed the top position with 21.5 market share in the global wearable segment in the third quarter as Apple came second with 13.1 per cent share. Global shipments of wearable devices reached 32 million units in the third quarter of 2018.

Dec 4, 2018

L&T Finance Holdings' N. Sivaraman appointed as IL&FS COO

Sivaram is a veteran in the financial management of the asset companies. He was associated with the construction behemoth Larsen and Toubro group for a period of 34 years.

Dec 4, 2018

Free meals scrapped from two more economy class in debt-laden Jet Airways

However, the Jet passengers who have made bookings prior to December 21, will continue to enjoy complimentary meals across saver and classic fare options

Dec 4, 2018

Aggressive Reliance Jio triggers consolidation of market rivals

Airtel eyes monetisation of fibre network in partnership Vodafone, Idea to generate extra revenue needed to drive growth

Dec 4, 2018

Amazon briefly edges out Apple as most valuable company on Wall Street

Amazon rose by 4.7 percent at one point, putting its market capitalization at $865.0 billion. At the same time, Apple traded up 2.1 percent, giving it a market capitalization of $864.8 billion.

Dec 4, 2018

HUL buys Horlicks from GSK in India's largest consumer goods deal

Unilever approves merger of Indian business in $3.8bn deal with GSK which will get 5.7% HUL stake

Dec 3, 2018

Financial crunch forces Jet Airways to reduce operations on Gulf routes

The airlines will trim its flight operations to Dubai, Abu Dhabi, Doha and Muscat including routes Kozhikode-Thiruvananthapuram, Doha-Kochi, Abu Dhabi-Mangalore, Mangalore-Dubai, Delhi-Muscat and Abu Dhabi-Lucknow.

Dec 3, 2018

Anil Ambani's debt-ridden RCom gets court breather in deal with Mukesh's Reliance Jio

Department of Telecommunication (DoT) had sought bank guarantee worth Rs 2,950 crore against the outstanding spectrum charges that RCom owed it.

Dec 1, 2018

Disruptor to predator? Hoteliers to launch legal action against Oyo

The Budget Hotel Association of Mumbai is in the forefront of forming a nationwide lobby of hoteliers against Oyo.

Dec 1, 2018

A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Johnson & Johnson faulty hip implants case: Health ministry approves compensation

The product was recalled in 2010 globally after the multiple complaints of follow up surgeries due to complications such as infections and metal leaching.

Nov 30, 2018

SBI account holder? Here's why you are denied internet banking from December 1

It is mandatory to register an account holder's mobile number to avail internet banking services. November 30 is the last day for State Bank of India account holders to register a phone number for uninterrupted online banking service from December 1.

Nov 30, 2018

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

Renewable energy arms of beleaguered IL&FS put on sale

Recently, the company has appointed Arpwood Capital Pvt. Ltd and JM Financial Ltd as financial and transaction advisers, and Alvarez and Marsal as resolution consultants.

Nov 29, 2018

FABgetaways: India's first luxury travel platform offering personalised services

Luxury travel offers intimate experiences, personalized services, gourmet meals, and beautiful surroundings that together promise pleasure, relaxation and satisfaction.

Nov 29, 2018

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Unilever enters into 'exclusive talks' for Horlicks acquisition

Anglo-Dutch major forges ahead of Swiss giant Nestle in bid to take over children's health drink brand.

Nov 29, 2018

Microsoft pips Apple to become most valued company; shares jump 3%

Microsoft and Apple briefly traded at about the same level after the bell on Monday, but Microsoft's intraday lead over Apple on Wednesday was more substantial.

Nov 29, 2018