Companies

Flipkart valuation falls on markdown of share price by mutual fund trusts

The online seller's CEO said trusts as small investors with unclear markup values; wants people to wait till fresh round of funding.

May 27, 2016

State Bank of India q4 net profit loans advances npas rbi aqr

State Bank of India Q4 net profit plunges 66% on spike in bad loan provisioning

The 143 percent spike in provisioning for bad loans pulled State Bank of India's March quarter net profit to Rs. 1,264 crore.

May 27, 2016

IIM-A reaches out to Paytm after graduates left stranded by Flipkart

Firms such as Amazon, ShopClues have also expressed willingness to consider the resumes of students affected by Flipkart's decision.

May 27, 2016

jet airways q4 annual results indian aviation dgca jet net profit sales atf

Jet Airways FY16 net profit soars on higher passenger volumes, low ATF prices

Net profit was Rs. 1,211.65 crore for FY2016, marking the first full year of profit after eight years for Jet Airways.

May 26, 2016

Why Flipkart delayed joining dates of new campus hires from IIM-A, IITs

Flipkart's wavering has forced us "to rethink our strategy about this entire space," said a placement chairperson of one of the IITs.

May 26, 2016

biocon karnataka investment hlcc congress government in karnataka pepsico

Biocon, PepsiCo to set up manufacturing units in Karnataka

Both Biocon and PepsiCo will be investing about Rs. 1,650 crore in Karnataka for their new manufacturing plants.

May 26, 2016

India's Dr. Reddy's enters US' $44B OTC drugs market

Dr. Reddy's has acquired six OTC brands from a U.S. drugmaker

May 26, 2016

List of countries where Indians can travel without visa, get visa-on-arrival

Promoters of VRL Logistics planning to float new regional airline

Promoters will invest about Rs. 1,400 crore over three years to start the airline that would operate mainly in south India.

May 25, 2016

HP Enterprise to merge IT services unit with Computer Sciences

HPE is expected to have $33 billion in annual revenue after the spin off and will concentrate on its remaining enterprise group.

May 25, 2016

Government order on GM seeds royalty fee kept in abeyance: Report

Monsanto collected Rs. 530 crore annually as royalty fee for its Bt cotton seed technology.

May 24, 2016

fun cinema screen count cinepolis mexica mexican hindi films multiplex

Cinepolis to spend Rs. 400 crore to expand screen count in India

The Mexican multiplex chain intends to add 160 more screens in India by 2017, just like its rivals Inox and PVR.

May 24, 2016

Time ripe to merge state-run banks, says Banks Board Bureau chief

Vinod Rai said the consolidation exercise would cut the number of state banks to no more than six from 27 now.

May 24, 2016

Axis Bank plans to raise $500 million via green bonds: Report

The proceeds from the $500 million to be raised by Indian lender Axis Bank will be utilised to finance clean energy projects.

May 24, 2016

Ramdev's Patanjali to enter digital healthcare space

The yoga guru plans to launch an online venture for Ayurvedic consultations, the Times of India reported.

May 24, 2016

Samsung Galaxy C9 Pro launched in China, India availability unknown

Electronics giant Samsung may enter US drug market with Remicade biosimilar

Samsung's affiliate said that USFDA has accepted to review its replica drug.

May 24, 2016

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Companies

Flipkart valuation falls on markdown of share price by mutual fund trusts

State Bank of India Q4 net profit plunges 66% on spike in bad loan provisioning

IIM-A reaches out to Paytm after graduates left stranded by Flipkart

Jet Airways FY16 net profit soars on higher passenger volumes, low ATF prices

Why Flipkart delayed joining dates of new campus hires from IIM-A, IITs

Biocon, PepsiCo to set up manufacturing units in Karnataka

India's Dr. Reddy's enters US' $44B OTC drugs market

Promoters of VRL Logistics planning to float new regional airline

HP Enterprise to merge IT services unit with Computer Sciences

Government order on GM seeds royalty fee kept in abeyance: Report

Cinepolis to spend Rs. 400 crore to expand screen count in India

Time ripe to merge state-run banks, says Banks Board Bureau chief

Axis Bank plans to raise $500 million via green bonds: Report

Ramdev's Patanjali to enter digital healthcare space

Electronics giant Samsung may enter US drug market with Remicade biosimilar

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]