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Marico Q4 net income rises 26% on higher sales, gains from Goa plant sale

Mumbai-based consumer goods company Marico reported net profit of Rs. 138.43 in the fourth quarter ended March 2016.

Apr 29, 2016

ICICI Bank Q4 net profit plunges due to Rs. 6,926 crore provisioning

ICICI Bank's provisioning for bad loans includes exceptional provisioning of Rs. 3,600 crore, pulling its standalone net profit to Rs. 701.89 crore.

Apr 29, 2016

Air India expects to cut down losses by half to Rs. 2,636 crore for FY16

The state carrier, currently surviving on a Rs. 30, 231-crore bailout package, reported losses of Rs. 5,859.91 crore in 2014-15.

Apr 29, 2016

Walmart may sell food in India through online and offline stores

The world's largest retailer's plans come after the government announced it would be allowing 100% FDI in retail.

Apr 29, 2016

JSW Energy-JSPL's Chhattisgarh power plant deal put on back-burner

Differences emerging between JSPL and JSW Energy is the main reason behind the deal being delayed, the Economic Times reports.

Apr 29, 2016

Facebook in class of its own as ad revenue soars

Facebook's shares, which touched a record high of $120.79 on Thursday, closed up 7.2 percent at $116.73.

Apr 29, 2016

Comcast acquires DreamWorks Animation for $3.8 billion

With this acquisition, Comcast will emerge as a rival to Walt Disney in the money-making business of family entertainment.

Apr 28, 2016

3 reasons why BHS, Austin Reed and other UK retailers are struggling

There are a number of factors behind the demise of UK retailers such as BHS and Austin Reed.

Apr 28, 2016

TTK Prestige enters home cleaning segment

The market size is about Rs. 2,500 crore and it is growing in the range of 15 to 20 percent year-on-year, the company said on Thursday.

Apr 28, 2016

IndiGo to add 14 new flights from May

IndiGo, the largest Indian airline by market share, made the announcement days after low-cost carrier SpiceJet launched new flights.

Apr 28, 2016

Government seeking Vijay Mallya's deportation

The Enforcement Directorate will request the Interpol's National Central Bureau to issue a red corner notice against Mallya.

Apr 28, 2016

Chinese fund to invest Rs. 2,000 crore in India's highway construction

Hong Kong-based Silver Spring Capital will soon invest in Hyderabad-based infrastructure developer Transstroy India Limited.

Apr 28, 2016

Airbus net profit falls 23% in March quarter

Revenues for the quarter rose 1 percent to â‚¬12.183 million (about $13.48 billion), Reuters reported.

Apr 28, 2016

P&G shifting away from 'unprofitable' businesses in India

P&G, which released its quarterly results in the U.S. on Wednesday, said it seeks to improve its domestic performance.

Apr 28, 2016

Reliance Lyf makes it to top five smartphone brands in India: Counterpoint Research

Global smartphone shipments witness flat growth in Q1 2016: IDC

Top brands such as Samsung and Apple registered negative growth in smartphone shipments in the first quarter of 2016.

Apr 28, 2016

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