Companies

Infosys Q4 results: Profit falls 28%

Infosys reported a 28 percent sequential fall in net profit to Rs 3,690 crore in the fourth-quarter results (ended on March 31) Friday.

Apr 13, 2018

Amazon smartphone deals: Big discounts planned to woo Flipkart customers

As Flipkart bagged close to 51 percent of online smartphone sales last year, Amazon plans to cut prices and increase spending to increase its market share.

Apr 13, 2018

Beds in cargo holds: Airbus offers extra comfort in long-distance flights

The European planemaker has partnered with France's Zodiac Aerospace to create cargo sleeper berths for Airbus A330 jets.

Apr 12, 2018

Despite too much debt, Air India still attractive to foreign bidders

Acquiring Air India will help foreign carriers compete with fast-growing domestic rivals like Spicejet and IndiGo.

Apr 12, 2018

Zuckerberg comes out way too smart for tech illiterate US senators

The 33-year-old billionaire repeatedly apologized for a range of problems that surrounded Facebook during nearly five hours of questioning by 44 US senators.

Apr 11, 2018

Amazon wooing Flipkart with $2 bn breakup fee to fend off Walmart?

Amazon has held early exploratory talks to buy Flipkart even as the latter closes in on a sale to Walmart.

Apr 11, 2018

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Looking for best stock market bets, watch Indian shoppers

Analysts are bullish on consumer staples and branded goods as the government starts to spend more in villages to boost farm incomes before next year's elections.

Apr 10, 2018

Which is the world's busiest airport? Delhi's IGI among top 20

According to the Airports Council International (ACI), close to 104 million passengers passed through the Hartsfield-Jackson Atlanta International Airport in 2017.

Apr 10, 2018

ICICI Bank-Videocon loan controversy: Chanda Kochhar's fate now rests with RBI

Chanda Kochhar, the MD and CEO of ICICI Bank, is facing allegations of nepotism and corruption over loans granted to Venugopal Dhoot-led Videocon Industries.

Apr 10, 2018

Axis Bank's CEO to step down early: Is RBI behind the decision?

The lender's board had decided to re-appoint Sharma for a period of 3 years, however, she requested to revise her term from June 1 up to December 31.

Apr 10, 2018

Xiaomi sets up new manufacturing units in India

Xiaomi rides the Make in India wave: To create 50,000 jobs

Xiaomi has set up three new smartphone manufacturing units in Tamil Nadu and Andhra Pradesh, along with company's first Surface Mount Technology (SMT) plant in Chennai.

Apr 9, 2018

While India is buying planes by hundreds, China is creating an industry

India's aviation market is expected to surpass that of China in the next 10 to 15 years, but there's little done in terms of setting up indigenous manufacturing units to meet the burgeoning demand.

Apr 9, 2018

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Check list of 11 public sector banks under RBI scanner over NPAs

Government sources reportedly confirmed that more banks are expected to be brought under the Prompt Corrective Action (PCA) framework because of deteriorating performance.

Apr 9, 2018

Reliance Jio's entry helped India save $10 billion a year: Report

The report predicted that Reliance Jio could help increase India's per capita GDP by about 5.65 percent, if the economic conditions remained the same.

Apr 6, 2018