Companies

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Changing fabric: Baba Ramdev gets knit-picky, pushes digital with FB, Google

New clothes line on the way, Patanjali to launch woven and machine-made offerings across 250 exclusive outlets by April next year.

Aug 3, 2017

Vishal Sikka completes 3 years, swears by $20 billion target

Sikka is still positive on his dual strategy to get in new businesses to improve Infosys' digital capabilities.

Aug 3, 2017

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India plans to curb cheap tyre imports from China with anti-dumping duty

Truck and bus radial (TBR) tyre imports from China pose a threat to Indian companies such as Apollo, Ceat, MRF and JK.

Aug 3, 2017

Buenos Aires-based Globant plans to hire techies to increase presence in India

Buenos Aires-based IT giant Globant has said that it plans to increase its presence in India and hire more people globally.

Aug 3, 2017

Using labour arbitrage to bring in Indian workers a mistake: Cisco chief

Chambers was in India to announce the creation of the US-India Strategic Partnership Forum (USISPF) which he says will take the relationship between the two countries, companies and people to the next level.

Aug 3, 2017

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Pharmed for growth: Diabetics, cardiac patients are new rural drug markets

Global pharma companies want to cash in on the rising cases of diabetes and heart diseases in the country's distant corner.

Aug 3, 2017

Essar Steel to face insolvency proceedings, finally

The Ahmedabad bench of the National Company Law Tribunal (NCLT) accepts insolvency proceedings initiated by State Bank of India and Standard Chartered Bank.

Aug 2, 2017

Tim Cook plans to turn India into next China for Apple

Apple has been engaged with the Narendra Modi government to receive sops for setting up full-fledged manufacturing units and not just iPhone assembly for over a year now.

Aug 2, 2017

Indian telecom industry faces tougher competition ahead, profits to plunge

Indian telecom companies' revenue may plunge on stiff competition, according to a S&P Global Research Report

Aug 2, 2017

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NDTV gets partial relief in income tax case; June quarter performance worsens

The news channel is embroiled in many cases, including ICICI Bank loan repayment and now income tax; its income has taken over the past few quarters.

Aug 2, 2017

Snapped deal: Softbank to spend $2 billion on taking stake in Flipkart

Softbank plans to invest $2 billion in Flipkart despite a failed merger deal with Snapdeal. The fiasco, however, dashed Softbank's hoped to hold a major stake at Indian e-commerce giant Flipkart.

Aug 1, 2017

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Hero Motocorp. Honda, Suzuki, Eicher Motors post upbeat volume sales for July

Most of the two-wheeler companies saw domestic sales rising sharply in July, the first month of GST implementation.

Aug 1, 2017

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Snapdeal Saga: 1,000 employees to get pink slips after Flipkart merger called off

A senior official of the company said that the management has given verbal instructions to their department heads to prepare the list.

Aug 1, 2017

Here's some consolation for Flipkart as it completes merger with eBay India

The Flipkart-eBay deal was announced in April when the former had raised about Rs 8,970 crore ($1.4 billion) from Microsoft, Tencent and eBay, which then sold its India biz to Flipkart.

Aug 1, 2017

TCS, Infosys and Tech Mahindra's workforce dwindles in Q1 FY18; bleak days far from over?

Tata Consultancy Services, Infosys, Wipro, HCL Technologies and Tech Mahindra – which totally had 9,84,913 employees at the end of the quarter ended June 30 saw the number decline by 1,821 people,

Aug 1, 2017