Companies

Chinas C919 passenger jet takes off for maiden flight

The first Chinese-built passenger jet has taken off from Shanghai for its maiden flight. The C919 aircraft aims to compete with the Airbus A320 and Boeing 737 for the $2tn-worth global jet market. Some 570 of the planes have already been ordered, according to state-owned manufacturer Comac – and mostly by Chinese carriers.

May 5, 2017

We expected this: Ukips Suzanne Evans defiance amid potential election wipeout

Ukip are facing a wipeout in local elections across England and Wales with voters backing the Conservative Party in droves at the ballot box. Despite this potential humiliation, deputy chairman of the party Suzanne Evans claims Ukip is not finished, saying they were expecting poor results

May 5, 2017

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JLR car sales fall in April due to poor show by Land Rover; Tata Motors share prices drop on BSE

A drop in volume sales for JLR in April this year triggers fall in Tata Motors share prices; Sensex down over 200 points

May 5, 2017

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Facebook net income spurts 76% for March quarter; monthly users up by 80 million

Mark Zuckerberg-led Facebook posted net profit of $3.06 billion for Q1 on the back of a 51 percent increase in advertisement revenues.

May 4, 2017

ICICI Bank reports 189% rise in Q4 net profit; declares 1:10 bonus

While standalone net profit rose to Rs 2,025 crore ($312 million) from Rs 702 crore, YoY, bad loans as a percentage of total advances also shot up.

May 3, 2017

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Seattle pips San Francisco as best city for tech employees, reveals study

A survey by career solutions firm Paysa throws up interesting insights on cities with cost of living and earning potential for tech employees.

May 3, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india, rera, real estate

Hudco IPO to open on May 8, close on May 11

A fully-owned public sector company, Hudco, is offering 20 crore shares by way of offer of sale at a price band of Rs 56-60 per share.

May 3, 2017

Fortigo Network raises $10 million, 4tigo network, fortigo network investors, nandan nilekani invests in fortigo network

Fortigo Network (4TiGO) raises $10 million from Nandan Nilekani, Accel Partners

In the Series A round, Fortigo Network raised $10 million from Infosys co-founder and former UIDAI Chairman Nandan Nilekani, and Accel Partners.

May 3, 2017

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MakeMyTrip to raise $330 million via share sale to drive growth

Nasdaq-listed MakeMyTrip, the Indian online travel company, will sell shares at $36 apiece to Ctrip.com, MIH Internet SEA and other investors.

May 3, 2017

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Matrimony.com posts Rs. 300 crore in revenues for FY2017; IPO likely in September quarter, says founder-CEO Murugavel Janakiraman

Murugavel Janakiraman, founder and CEO of Matrimony.com, which owns BharatMatrimony and few other matchmaking portals, speaks about the upcoming initial public offering (IPO) to International Business Times, India edition.

May 3, 2017

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Companies

Chinas C919 passenger jet takes off for maiden flight

We expected this: Ukips Suzanne Evans defiance amid potential election wipeout

JLR car sales fall in April due to poor show by Land Rover; Tata Motors share prices drop on BSE

Facebook net income spurts 76% for March quarter; monthly users up by 80 million

ICICI Bank reports 189% rise in Q4 net profit; declares 1:10 bonus

Seattle pips San Francisco as best city for tech employees, reveals study

Hudco IPO to open on May 8, close on May 11

Fortigo Network (4TiGO) raises $10 million from Nandan Nilekani, Accel Partners

MakeMyTrip to raise $330 million via share sale to drive growth

Matrimony.com posts Rs. 300 crore in revenues for FY2017; IPO likely in September quarter, says founder-CEO Murugavel Janakiraman

Infosys decision to hire 10,000 Americans seen as yielding to pressure tactics of Trump administration

Lendingkart Finance partners with BASIX Sub-K to facilitate working capital loans

Wipro unveils new brand identity and logo

BMR elevates five partners in Mumbai, Delhi

ICICI Group launches 100 'ICICI Digital Villages'

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]