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Samsung Group leader Jay Y. Lee arrives for bribery suspicion questioning

More trouble for Samsung as South Korean prosecutors seek arrest of company chief

The Samsung chief was questioned by investigators last week for nearly 22 hours straight for his involvement in an alleged corruption scandal. Jan 16, 2017
Essilor and Luxottica merger

Essilor, Luxottica merge to create a luxury eyewear giant; all you need to know about the mega merger

The combined entity will be named EssilorLuxottica that will have a presence in more than 150 countries. Jan 16, 2017
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Bombay Stock Exchange fixes price band for IPO

BSE has fixed the price band between Rs 805-806 apiece for its market launch. Jan 16, 2017
Louis Vuitton

Peta buys stake in Louis Vuitton's parent company to push against use of exotic animal skin

Peta's move follows its expose of crocodile farms in Vietnam. The organisation released a video last month showing reptiles getting killed in farms which had supplied skins to a tannery owned by LMVH. Jan 15, 2017
Airtel

Brace up! India's telecom pricing war will further intensify, says JP Morgan

Given that most incumbent telcos are comfortably based on financial metrics, any aggressive pricing strategy would likely be matched, JP Morgan said. Jan 15, 2017
Ashley Furniture, USA, furniture stores

American furniture brand Ashley to launch 100 stores in India

No specific time-line has been provided for the launch of its stores in India. Jan 15, 2017
tcs, tcs share buyback, tcs buyback price, tcs share price, infosys share price, wipro share price

Post Chandrasekaran's promotion, investors worry over TCS future: Report

Ahead of an unpredictable year owing to US elections, Brexit, TCS investors remain worried. Jan 15, 2017
'Gandhi flip flops' imprinted with Mahatma Gandhi's face

Amazon sells sandals imprinted with Mahatma Gandhi's face after India flag doormat fiasco

Gandhi flip flops printed with Mahatma Gandhi's face are currently available for purchase on Amazon US at $16.99. Jan 14, 2017
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TCS, Infosys Q3 results declared; all eyes now on HCL Tech, Wipro, Tech Mahindra

TCS beat estimates to report upbeat Q3 numbers, while Infosys cut revenue guidance; investors now await Wipro, HCL Tech and Tech Mahindra results. Jan 14, 2017
India consumer electrical sector

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

Footfalls have rebounded to around 70% of the pre-demonetisation level compared with only 20% in November last year, according to the brokerage. Jan 14, 2017
JSW Cement, Shiva Cement

JSW Cement, other investors to buy out stake in Shiva Cement

Shiva Cement -- in which ACC Ltd currently holds 13% -- said it agreed to sell its 35.6% promoter holding to JSW Cement at Rs 14 a share. Jan 13, 2017
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Infosys Q3 FY2017: Here is what Vishal Sikka, Pravin Rao, MD Ranganath said after Dec quarter results

The Bengaluru-based firm clocked net sales of Rs 17,273 crore for the quarter that ended on December 31, 2016. Jan 13, 2017
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SpiceJet- Boeing deal: Low-cost carrier places order for 205 aircraft worth $22 billion

With the new order, SpiceJet will overtake IndiGo to become India's largest airline as per fleet size. Jan 13, 2017
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BSE IPO: All you need to know about issue price, opening and closing dates; top 10 existing shareholders

Asia's oldest stock exchange — BSE — is planning to raise about Rs 1,300 crore using the OFS route in its IPO. Jan 13, 2017
Airbus delivery in Iran, IRAN

Airbus, Iran deal: IranAir takes delivery of its first Airbus airliner, as sanctions become a memory

The Airbus A321 landed in Iran on Thursday and was received by the Iranian transport minister. Jan 13, 2017
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