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TVS Motors plans Rs 500 cr investment in operations this year, new launches

Apache RR to be developed jointly with BMW will be priced at Rs Rs 1.25-1.5 lakh. Jul 17, 2017
google-logo-at-the-google-office-in-toronto

Google to double headcount in its India cloud business to take on Amazon and Microsoft

Google is looking at quite a big growth this year considering the cloud service market is likely to witness a 38 percent growth. Amazon, IBM and Microsoft already have public cloud data centres. Jul 17, 2017
mahindra partners San Francisco SCOOT NETWORKS TRANSPORTATION SOLUTIONS

This is how Mahindra Group plans to step up its US game

The planned investment will be allocated across business verticals. The growth will be led by Mahindra USA, which is expected to double revenues from $500 million to $1 billion. Jul 17, 2017
gmr group, hyderabad airport, gmr to sell stake to abu dhabi investment authority, gmr stake sale hyderabad airport

GMR likely to sell 49% stake in Hyderabad airport to Abu Dhabi Investment Authority: Report

The news lifted the share price of GMR Infrastructure on the BSE in early session on Monday. Jul 17, 2017
Google Shopping

Google's Gita paradox: Detachment from 'results', duty to profit, and a EU penalty

Squeezing more juice out of a captive market is part and parcel of being the leader in a particular space; but Google is expected to be different. Jul 15, 2017
india wind power tariff, india wind energy, india solar energy, solar parks in india, re projects, piyush goyal, modi govt, india news

Gone with the wind? Inox Wind becomes first insolvency case in wind energy

Operational creditor Jeena & Company submitted to the company law tribunal that Inox Wind has outstanding payments of Rs 57.5 lakh as of March 25, 2017. Jul 15, 2017
gst, gst council, gst rates, gst for small traders, gst forms, gst tally, gst india inc, gst banks, gst arun jaitley

Fuel, liquor can be brought under GST if states sort out problems: Modi minister

Minister of State for Civil Aviation Jayant Sinha said so while addressing traders and officials at an event in Dhanbad, Jharkhand. Jul 15, 2017
N Chandrasekaran

Tata Group shareholders are poised for gains, thanks to N Chandrasekaran: Report

N Chandrasekaran had taken over as the chairman of Tata Sons in January following the abrupt ouster of Cyrus Mistry last October. Jul 15, 2017
tata steel, tata steel share price, tata steel q4 results, tata steel fy17 results, tata steel sells uk business, tata group, national steel policy 2017

Tata Steel pays £25 million bonuses to European managers while UK workers took pension cuts

The details of the payments made were leaked by a Dutch whistle blower, after which Tata Steel admitted that these bonuses had been paid to senior managers. Jul 15, 2017
wipro, wipro unveils new logo, wipro ceo abidali neemuchwala, wipro chairman azim premji

Wipro to announce Q1 results next week, share buyback on the cards

Bengaluru-based IT software services exporter Wipro had cash and cash equivalents worth Rs 5,271 crore as of March 31 2017. Jul 15, 2017
Tata Consultancy Services

Tata Consultancy Services to increase Bhubaneswar unit's employee capacity by 3,000

Tata Consultancy Services' currently houses 3,200 employees at its Bhubaneswar facility and intends to increase the unit's capacity by 3,000 amid reports of its Lucknow office being shut down. Jul 15, 2017
snapdeal, snapdeal cofounders, snapdeal sale, snapdeal merger with flipkart, snapdeal binny bansal, snapdeal kunal bahl, softbank, snapdeal investors

Infibeam founder Vishal Mehta denies bidding for Snapdeal

Economic Times had quoted two sources in a report that the all-stock bid for Snapdeal was estimated to be about Rs 6,652.75 crore. Jul 14, 2017
Toonz Retail

No child's play: GST migrations caused systems crashes at retail firms, says toy company

Ahead of GST launch on July 1, many retail firms suffered systems shutdowns while migrating from VAT-oriented taxation formats, hitting their supplies for a week. Jul 14, 2017
Morris Chang

This 86-year-old has become a billionaire on new iPhone rumours

TSMC's venerable co-founder holds a 0.3 percent share whose 25 percent surge has put him in the billionaire league. Jul 14, 2017
travis Kalanick

Hunt for new Uber CEO heats up as Nikesh Arora, Marissa Mayer among executives willing to fill Travis Kalanick's shoes

Uber has reportedly received numerous interests and among them is former Google sales executive Nikesh Arora, who has also previously worked with SoftBank Group as president. Jul 14, 2017
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