Companies

Samsung chief Jay Y Lee arrives in court for closing arguments in bribery trial

Samsung Electronics Vice Chairman Jay Y Lee arrived at Seoul District Court on 7 August for closing arguments in his bribery trial. Lee, 49, has been in detention since February, and on trial for charges including bribery and embezzlement as part of a scandal that led to Parks ouster. Lee has denied wrongdoing.

Aug 7, 2017

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Air ticket deals: Raining monsoon offers boost tourism in India

Big discounts and offers from airlines on travel portals have increased bookings. Hotel bookings on Yatra.com have surged more than 300 percent.

Aug 7, 2017

Hard cash: Tata Steel MD takes home Rs 8.17 crore in fiscal 2017

Average percentage increase of salaries at Tata Steel, excluding top managerial cadre, was 6.60 per cent in 2016-17.

Aug 6, 2017

Cognizant's VRS scheme finds 400 takers, including Indian execs

The company did not disclose the number of Indian executives who accepted its separation offer.

Aug 6, 2017

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Indian Oil to pump $2.4 bn to expand Gujarat refinery

Indian Oil Corp will pool in $2.4 bn to expand the Gujarat refinery that will produce 360,000 barrels per day (bdp) oil by 2021.

Aug 5, 2017

Smart moves: Flipkart to sell refurbished smartphones soon

The company has initiated discussions with distributors for its offline tie-ups

Aug 5, 2017

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Mahindra's focus on shared electric mobility to pose a risk to the oil industry?

Oil industry future will suffer from Mahindra's decision to produce more electric cars for shared mobilty

Aug 5, 2017

Snuffing it out: Tobacco has not run out of breath yet

The tobacco lobby regurgitates a few old arguments while hitting back at the govt's e-cigarette stubbing plan.

Aug 4, 2017

Think Big: Flipkart to rebrand appliances category to boost demand

TV sales in India are projected to rise to $14.7 billion in 2017 from $8.3 billion in 2014.

Aug 4, 2017

Hamburg zoo welcomes four rare Siberian tiger cubs

Four Siberian tiger cubs got to play outside for the first time at Hagenbeck Zoo in Hamburg. The siblings were born on June 15 to mother Maruschka who made sure the outside enclosure was safe for the two female and two male cubs.

Aug 4, 2017

Usain Bolts funniest moments

Usain Bolt has cemented himself as a sprinting legend, smashing world records and becoming the first person in history to win the 100m and 200m at three consecutive Olympic Games. But the fastest man alive is also known for his fun personality, as he regularly jokes with the press and messes around with fans.

Aug 4, 2017