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Volkswagen, Volkswagen logo, carbon emission scandal

Volkswagen pleads guilty in carbon emission scandal; agrees to pay $4.3 billion as settlement

Volkswagen has agreed to new audits and oversight by an independent monitor over a period of three years. Jan 12, 2017
axis bank q2 share price essar group loans npas income private sector lender atm cyber security attack debit cards issues npas bad loans forex branches atms

Axis Bank Q3FY2017 preview: Net profit likely to fall sharply, say brokerages

India's third-largest private sector lender Axis Bank, facing money-laundering charges, is expected to report a fall in its net profit for Q3. Jan 11, 2017
Air India

Air India hits back after being ranked 'third-worst performing' airline

Air India spokesperson claims that the report is fabricated. "We totally disagree with the report published by FlightStats", says AI spokesperson. Jan 10, 2017
Flipkart

Who is Flipkart's new CEO Kalyan Krishnamurthy?

Binny Bansal was elevated to the position of Group CEO, while Sachin Bansal will continue as executive chairman of Flipkart. Jan 10, 2017
Yahoo

Yahoo to be renamed as Altaba Inc, but there's a catch

Verizon is expected to merge Yahoo-branded mail, search engine and other web services with AOL media division. Jan 10, 2017
class 8 truck, truck sales in US, bharat forge, baba kalyani, bharat forge share price, FTR trucks

Bharat Forge faces weak Class 8 Truck order sales in US, says Nomura

Baba Kalyani-owned Bharat Forge derives about 20 per cent of its standalone revenues from truck sales in North America. Jan 9, 2017
Volkswagen emissions scandal

Dieselgate: FBI arrests Volkswagen executive in emissions scandal

The FBI arrested Oliver Schmidt on the charges of conspiracy to defraud the United States, the New York Times has reported. Jan 9, 2017
McDonalds, McDonalds Asia, McDonalds Hong Kong

McDonald's sells China, HK operations for $2.08 billion

A consortium of financial investors, including Citic Group, Citic Capital and Carlyle Group will buy its operations. Jan 9, 2017
Rolls-Royce Wraith Black Badge

Rolls-Royce registers second highest car sales in its 113-year history

Rolls-Royce registered an increase of 6 percent in sales in 2016. Jan 9, 2017
bse sensex, nse nifty, 2017 closing, brexit, demonetisation, modi, donald trump

BEML shares spurt 14% as government decides to offload stake

The Bengaluru-based BEML company has an equity capital of Rs 41.64 crore. Jan 9, 2017
India pharma sector, pharmaceutical companies, pharma, pharma companies

Aurobindo Pharma acquires Portugal-based Generis for Rs 970 crore; gets USFDA nod for anti-epileptic drug

The acquisition further consolidates Aurobindo Pharma's footprint in the Portuguese generic pharma market with a product portfolio consisting cardiovascular, CNS, anti-infectives and genito-urinary systems. Jan 8, 2017
Air India

Air India opts for restraining devices to deal with misbehaving, unruly passengers

The latest move follows two incidents of indecent behavior on-board Air India flights. Jan 8, 2017
beml, stake sale, beml share price, india news, disinvestment of cpse, modi news

BEML stake sale to net Rs 1,000 crore for Modi Govt

Defence ministry company BEML, in which Indian government holds 54 percent, makes mining equipment, metro coaches and defence products. Jan 7, 2017
Make in USA or pay more, Donald Trump , US president elect, US President

Make in USA or Pay More: It's Toyota's turn to face Trump's ire after GM

President-elect Donald Trump has been criticising automakers for selling abroad-made vehicles in US warned of hefty taxes. Jan 7, 2017
Capital goods Q3 outlook

Capital Goods Q3FY17 Review: L&T, Cummins and Voltas to post muted growth on demonetisation

HDFC Securities picks Triveni Turbine and Kalpataru Power as its favourite stocks from the capital goods sector. Jan 6, 2017
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