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Ban on Maggi noodles makes Nestle India bottom line take 60 percent hit

Nestle reported a 60 percent fall in its net profit and 32 percent fall in its net sales for Q3.

Oct 29, 2015

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Edmund Shing: Microsoft and Amazon lead cloud computing crescendo

Edmund Shing says online upstarts Netflix, Airbnb and Uber are fueling demand for cloud computing.

Oct 29, 2015

Samsung unveils $9.9-billion share buyback; Q3 profit rebounds

The maker of the Galaxy-series of handsets and tablets said third-quarter operating profit jumped 82 percent to $6.5 billion.

Oct 29, 2015

Govt clears Rs 4,722 crore worth FDI proposals

FDI proposals of Cipla Health Limited and Apollo Hospitals Enterprise Limited were rejected.

Oct 29, 2015

Reliance Jio aims for 100 million users in 12 months of 4G launch

Mukesh Ambani wants the target to be attained in the first 100 days.

Oct 29, 2015

Aequs sets up joint venture with Precihole to boost growth in oil and gas

The new facility will come up at its SEZ in Belagavi to leverage Precihole's vast experience and specialisation in the field of Deep Hole Drilling (DHD).

Oct 29, 2015

GoAir considering IPO worth $150 million

It was early to say whether the company would sell new shares or existing shareholders, bankers said.

Oct 29, 2015

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Spectre: Bond to be a money spinner for brand sponsors too

James Bond is back, and companies such as Belvedere vodka, Gillette shavers and Heineken have paid undisclosed sums for product tie-ins with Spectre in sponsorships that one marketing specialist says are cinemas version of the Olympics.

Oct 28, 2015