Indian Companies News, Company Business news, Corporate News

Business news

Microsoft will axe 4,700 jobs worldwide in next 12 months

The job cuts would mainly target the company's smart phone hardware business and global sales unit.

Jul 29, 2016

Flipkart layoff estimates range from 300 to 700; company downplays issue

E-commerce firm Flipkart is reportedly laying off many employees, but the company says "under performers" are asked to leave.

Jul 29, 2016

Alphabet posts strong revenue on video market, stock surges

The results put to rest lingering concerns about how the rise of mobile might impact Google.

Jul 29, 2016

air india jet airways indigo domestic air traffic passenger volume dgca civil aviation policy 2016 flying india market share go air spicejet

Jet Airways, Indigo, GoAir slash ticket prices by up to 30% to ride out lean season

Trying to capitalise on the lean air travel season of August and September, India's airlines have cut prices by up to 30 percent for the months

Jul 28, 2016

China's Fosun to acquire India's Gland Pharma for $1.3 Billion

The transaction could be India's largest inbound acquisition in 2016 and China's first in India's pharmaceutical sector.

Jul 28, 2016

pnb punjab national bank pnb housing finance ipo

Punjab National Bank's Q1 net profit falls 58%, asset quality worsens

However, higher growth in its other income category and lower expenditure on tax arrested a much steeper fall predicted by analysts.

Jul 28, 2016

Boeing's jumbo jet era could end soon [Video]

The production of Boeing 747 has fallen due to reduced orders and increased pressure on its costing.

Jul 28, 2016

lloyds banking group job cut net profit branches shut down

Lloyds Banking Group to cut 3,000 jobs, shut down 200 branches

The latest job cut and branch shut down announcement was made by the Lloyds Banking Group while declaring the H1 results.

Jul 28, 2016

taj hotels mumbai tourism fta fee tourist arrivals india business hotels rooms capacity inventory global economy wto India government support travel holiday foreigners terror attack

Taj Hotels and Resorts confident of prospects for travel and tourism sector in FY17

The Indian Hotels Company Ltd., which owns Taj Hotels, is a Tata Group company and will be holding its 115th AGM next month.

Jul 28, 2016

JSW Steel net profit rises exponentially in June quarter; Sajjan Jindal firm flags concerns over cheap imports

Sajjan Jindal-owned JSW Steel reports 52-fold increase in net profit for June 2016 quarter, YoY, but paints bleak outlook for steel sector.

Jul 28, 2016

Facebook trounces Wall Street estimates with sharp ad sales growth

The social networking site's shares were up 5.4 percent in after-hours trading at $130.01, after hitting their highest since the company went public in 2012.

Jul 28, 2016

YouTube app gets Google Cardboard support

India's 10 most-watched ads on YouTube for 2016 [Videos]

Nearly 4 lakh hours were spent watching these ads mostly on hand held devices.

Jul 27, 2016

Bharti Airtel net profit declines 30.8 percent for Q1; mobile revenues up 35 percent

Airtel's consolidated revenues at Rs. 25,546.5 crore rose yearly while net income declined by 30.8 percent year-on-year.

Jul 27, 2016

India buys 4 more anti-submarine aircraft to boost naval patrolling in Indian Ocean

The move is aimed at increasing the navy's power to check the presence of China in the Indian Ocean region, says a report.

Jul 27, 2016

spicejet aviation civil passenger volume dgca traffic india growing budget low cost carrier airline data merchanise share price loss net profit results q1

SpiceJet announces new subsidiary to sell consumer goods; shares rise sharply on BSE

SpiceJet Merchandise will engage in the business of electronic items and ready-made apparels through various channels.

Jul 27, 2016

Prev 238 239 240 241 242 243 244 245 246 247 Next

IBTIMES TV

Arms (Amendment) Bill turns law, gets President Kovind' nod

2 hours ago