Vedanta group Cairn India

IT department sells $216 million of Vedanta shares

Cairn Energy said on Monday it would write down the value of its investment in Vedanta Ltd after Indian tax authorities sold $216 million worth of its shares in the Indian mining company in a dispute over retrospective tax dues. 13 days ago
The logo of Samsung is seen on a building

Samsung posts over 5% operating profit in Q2 2018

Operating profit came down to 14.8 trillion won (South Korean currency), sales came to 58 trillion won, down 4.92 percent. The company hopes to improve next quarter with the launch of the Note 9, better demand for chips and display. 17 days ago