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Apple vs FBI: Creating iPhone key would have wide-ranging implications

Appleâ€™s general counsel told a congressional panel on 1 March, that a court order forcing Apple to give the FBI data from an iPhone used by one of the San Bernardino shooters could threaten security on all iPhones.

Mar 2, 2016

Reliance Industries' market cap to hit $100 billion in 3-4 years: Morgan Stanley

The brokerage maintains an overweight stance on RIL with a price target of Rs 1,329 in the next 12 months.

Mar 2, 2016

BHEL bags Rs 5,600 crore order to build power plant in Tamil Nadu

The project, which will be set up in Uppur, Ramanathapuram district, would be commissioned by September 2019.

Mar 2, 2016

Tata Motors commercial vehicles Auto sales

February auto sales: Commercial vehicle makers report high growth

Ashok Leyland sales grew 25 percent, while Tata Motors and Volvo Eicher Motors reported 15 percent and 57 percent, respectively.

Mar 2, 2016

Idea-Videocon spectrum deal may be 'restructured' due to tax issues: Report

In its budget presented this week, the government proposed to levy service tax on spectrum trading deals starting June.

Mar 2, 2016

Jabong recieves Rs 2 crore funding from GFG to remain 'afloat': Report

The funding from Global Fashion Group will help the loss-making company survive another year.

Mar 2, 2016

DreamWorks interested in Viacom's Paramount Pictures: CEO

Viacom is considering selling a "significant" minority stake in Paramount Pictures, CEO Philippe Dauman said last week.

Mar 2, 2016

China Resources Beer says it would buy SABMiller's stake in Snow for $1.6 billion

The Snow deal would be settled in cash using a combination of funding options including debt and/or equity financing.

Mar 2, 2016

United Tech keeps to solo path as Honeywell drops bid

The move comes after United Tech rejected Honeywell's offer last week.

Mar 2, 2016

February car sales: Honda reports 23% fall in domestic sales

The company sold 13,020 units in Feb.2016 as compared to 16,902 units in Feb.2015.

Mar 1, 2016

February auto sales: Renault India car sales up 158%, driven by Kwid

The company sold 8,834 units in February 2016 in India as against 3419 units in February last year.

Mar 1, 2016

Jet Airways to shift domestic ops to Mumbai airport's T2 terminal

The move would integrate the airline's domestic and international operations and reduce time and cut costs.

Mar 1, 2016

Feb. passenger car sales: Mahindra sees 26% growth; Hyundai records 9% rise

The company said that the increase in infrastructure cess in the Budget would "increase the prices of automative products immediately."

Mar 1, 2016

Walmart, Tesco to benefit from 100% FDI in multi-brand processed food retailing

The companies will need to get clearance from the Foreign Investment Promotion Board to own 100 percent stake in a business.

Mar 1, 2016

Yahoo says may write down goodwill value of Tumblr

Yahoo said earlier in the month it took a $230 million impairment charge related to Tumblr.

Mar 1, 2016

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