Indian Companies News, Company Business news, Corporate News

Business news

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

Red faces, raised voices over late hitch in Foxconn's Sharp deal

Foxconn had asked Sharp to delay voting on a deal as it had just received "new information" from Sharp that it needed to clarify.

Mar 1, 2016

Mark Zuckerberg: No place for migrant hate speech on Facebook

Facebooks Mark Zuckerberg said that he understood the need to stamp out hate speech against migrants on the worlds biggest social network, and that the networks privacy policies would be changed. The move follows a charm offensive in Germany, where the company he co-founded has faced criticism for months from politicians and regulators over its privacy practices and a slow response to anti-immigrant postings by neo-Nazi sympathisers.

Feb 26, 2016

Zika virus: Bill Gates says response better than for Ebola

The Bill and Melinda Gates Foundation has turned its attention to the Zika virus outbreak, and its founders said the response to the crisis, which appears to be linked to devastating birth defects in South America, has been better than for the 2014 Ebola outbreak in Africa.

Feb 23, 2016

Zika virus: FDA recommends ban on blood collections from affected areas

The US Food and Drug Administration (FDA) has recommended that blood no longer be collected from regions where the Zika virus is circulating, and that blood needed for transfusions be obtained from areas of the United States without active transmission. The agency said blood banks can continue collecting and preparing platelets and plasma if an FDA-approved pathogen-reduction technology is used. Current pathogen-reduction technology is not approved to treat whole red blood.

Feb 17, 2016

L&T mulls selling 49% stake in insurance business to foreign firm: Report

A Business Standard report said that the deal is likely to be finalised in the next three to six months.

Feb 29, 2016

Coca-Cola looking to sell India bottling operations for $1 billion: Report

A report on The Economic Times said that the company's India unit is satisfied with the current framework for operations.

Feb 29, 2016

EPA requests information from Mercedes-Benz over emission levels

Daimler said the EPA request for information comes in response to a class-action lawsuit filed by law firm Hagens Berman.

Feb 29, 2016

L&T bags Rs 800-crore construction contract from DLF

According to market sources, the deal was reportedly worth Rs 12,000 crore.

Feb 28, 2016

UltraTech buys Jaypee's cement business for Rs 16,500 crore

The deal will enhance UltraTech's cement manufacturing capacity to 90.7 million tonnes per annum and provide access to new markets in India.

Feb 28, 2016

5/20 aviation rule: AirAsia CEO takes a dig at older airlines

Tony Fernandes was responding to allegations made by older airlines that AirAsia is remote-controlled from Malaysia.

Feb 28, 2016

Future Group to add 100-150 new stores over 5 years

Offline retailers are facing intense competition from online retailers as more customers are switching to online shopping.

Feb 28, 2016

Zee Media Corp to acquire 80% stake in 2 firms of India Today group

The deal is valued at Rs 168 crore, to be paid in portions over the next four years.

Feb 28, 2016

Prev 288 289 290 291 292 293 294 295 296 297 Next

IBTIMES TV

A massive 243-foot asteroid to get shockingly close to Earth on Friday the 13th

4 hours ago