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Myntra receives Rs 338 crore funding from Flipkart: Report

Myntra is reportedly aiming at sales worth $1 billion in the next financial year.

Mar 11, 2016

ED summons Vijay Mallya

It has also asked Kingfisher CFO, IDBI officials to appear before it in a money-laundering probe

Mar 11, 2016

Diageo-owned United Spirits accelerates plans to sell residential properties: Report

The Indian liquor company's 13 properties spread across the world have a combined value of about Rs 2,900 crore, says ET.

Mar 11, 2016

US F-35 chief expects savings after Pratt's B-21 bomber win

The U.S. Air Force last week named Pratt, a unit of United Technologies Corp, as the engine maker for the new bomber.

Mar 11, 2016

Play

Creator of meldonium â€˜quite sureâ€™ other top athletes using it

The Latvian creator of banned drug meldonium said on 10 March that he was quite sure other top athletes are â€“ and should â€“ use it. Latvia expressed sadness over the banning of the drug that has cast a pall over the career of tennis star Maria Sharapova, describing it as one of the most significant accomplishments of the tiny nations scientists.

Mar 10, 2016

Tata Communications sees high growth from data business

Tata Communications, in which the Tata Group has 48.9 percent stake, is buoyed by growth in its enterprise business.

Mar 10, 2016

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BSNL, Airtel mull spectrum sharing deal

BSNL is looking at the possibility of spectrum sharing in Assam, Bihar, West Uttar Pradesh and Rajasthan.

Mar 10, 2016

Reliance Defence gets DIPP nod for 12 industrial licenses

The licenses have been granted for manufacturing defence equipment required by the armed forces.

Mar 10, 2016

India cuts Monsanto's GM-seed royalty by 70%

Monsanto India has approached the Delhi court to stop the government ruling.

Mar 10, 2016

Airbus targets $2 billion procurement from India by 2020

Airbus eyes $2 billion in civil, defence procurement from India by 2020

Airbus procurement from India in 2015 was $500 million, 15 percent more than the previous year.

Mar 10, 2016

Volkswagen's top US executive steps down amid ongoing probe

In January, VW named Woebcken as head of VW's North American region, effective April 1.

Mar 10, 2016

China's Alibaba says agrees $3 billion five-year loan

Alibaba has been expanding in areas beyond its core e-commerce base, as volume growth in its online shopping business slows.

Mar 10, 2016

Amazon to start air delivery network with leasing deal

The deal comes at a time when the world's biggest online retailer is offering ever-faster, and increasingly free, deliveries for millions.

Mar 10, 2016

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'Kapoor and Sons', 'Batman versus Superman' to drive PVR's growth in lean quarter

"Kapoor and Sons" and "Batman versus Superman" are expected to lift PVR's Q4 revenues, says Edelweiss.

Mar 9, 2016

Syndicate Bank fraud case: CBI files FIR, raids premises of bank officials

The Rs 1000 crore loan fraud took place primarily at the bank's Udaipur and Jaipur branches spanning over a period of five years.

Mar 9, 2016

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