Companies

Shoppers Stop posts loss, low revenue growth in June quarter

K Raheja Group retail chain Shoppers Stop announced its first quarter (Q1) results on Friday.

Jul 29, 2016

royal enfield eicher motors sales fy2016 quarterly results eml eicher june pat revenue sales consolidated

Royal Enfield maker Eicher Motors reports sharp rise in Q1 net profit, sales

Royal Enfield maker Eicher Motors posted 59 percent rise in net profit for the quarter ended June 2016; sales grew 42 percent.

Jul 29, 2016

Godrej Consumer's Q1 net profit doubles to Rs. 244 crore on cost cutting, commodity tailwinds

Sequentially, however, the company's sales were affected by slow growth in consumer goods sector worldwide.

Jul 29, 2016

Microsoft will axe 4,700 jobs worldwide in next 12 months

The job cuts would mainly target the company's smart phone hardware business and global sales unit.

Jul 29, 2016

Flipkart layoff estimates range from 300 to 700; company downplays issue

E-commerce firm Flipkart is reportedly laying off many employees, but the company says "under performers" are asked to leave.

Jul 29, 2016

Alphabet posts strong revenue on video market, stock surges

The results put to rest lingering concerns about how the rise of mobile might impact Google.

Jul 29, 2016

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Jet Airways, Indigo, GoAir slash ticket prices by up to 30% to ride out lean season

Trying to capitalise on the lean air travel season of August and September, India's airlines have cut prices by up to 30 percent for the months

Jul 28, 2016

China's Fosun to acquire India's Gland Pharma for $1.3 Billion

The transaction could be India's largest inbound acquisition in 2016 and China's first in India's pharmaceutical sector.

Jul 28, 2016

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Punjab National Bank's Q1 net profit falls 58%, asset quality worsens

However, higher growth in its other income category and lower expenditure on tax arrested a much steeper fall predicted by analysts.

Jul 28, 2016

Boeing's jumbo jet era could end soon [Video]

The production of Boeing 747 has fallen due to reduced orders and increased pressure on its costing.

Jul 28, 2016

lloyds banking group job cut net profit branches shut down

Lloyds Banking Group to cut 3,000 jobs, shut down 200 branches

The latest job cut and branch shut down announcement was made by the Lloyds Banking Group while declaring the H1 results.

Jul 28, 2016

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Taj Hotels and Resorts confident of prospects for travel and tourism sector in FY17

The Indian Hotels Company Ltd., which owns Taj Hotels, is a Tata Group company and will be holding its 115th AGM next month.

Jul 28, 2016

JSW Steel net profit rises exponentially in June quarter; Sajjan Jindal firm flags concerns over cheap imports

Sajjan Jindal-owned JSW Steel reports 52-fold increase in net profit for June 2016 quarter, YoY, but paints bleak outlook for steel sector.

Jul 28, 2016

Facebook trounces Wall Street estimates with sharp ad sales growth

The social networking site's shares were up 5.4 percent in after-hours trading at $130.01, after hitting their highest since the company went public in 2012.

Jul 28, 2016

YouTube app gets Google Cardboard support

India's 10 most-watched ads on YouTube for 2016 [Videos]

Nearly 4 lakh hours were spent watching these ads mostly on hand held devices.

Jul 27, 2016

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Companies

Shoppers Stop posts loss, low revenue growth in June quarter

Royal Enfield maker Eicher Motors reports sharp rise in Q1 net profit, sales

Godrej Consumer's Q1 net profit doubles to Rs. 244 crore on cost cutting, commodity tailwinds

Microsoft will axe 4,700 jobs worldwide in next 12 months

Flipkart layoff estimates range from 300 to 700; company downplays issue

Alphabet posts strong revenue on video market, stock surges

Jet Airways, Indigo, GoAir slash ticket prices by up to 30% to ride out lean season

China's Fosun to acquire India's Gland Pharma for $1.3 Billion

Punjab National Bank's Q1 net profit falls 58%, asset quality worsens

Boeing's jumbo jet era could end soon [Video]

Lloyds Banking Group to cut 3,000 jobs, shut down 200 branches

Taj Hotels and Resorts confident of prospects for travel and tourism sector in FY17

JSW Steel net profit rises exponentially in June quarter; Sajjan Jindal firm flags concerns over cheap imports

Facebook trounces Wall Street estimates with sharp ad sales growth

India's 10 most-watched ads on YouTube for 2016 [Videos]

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]