Companies

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

Global smartphone sales grew 3.9% in Q1 2016; Oppo enters Top 5: Gartner

Oppo was the top performer in Q1 2016, as it saw 145 percent growth in sales as compared to the same period previous year.

May 20, 2016

HSBC to shut down 24 branches in India

The bank said it plans to consolidate to 26 branches in 14 cities across India.

May 20, 2016

EU aims to rule on Amazon's Luxembourg tax deal by July

The aid regulator may order the country's tax authorities to recover about 400 million euros ($448 million) in back taxes.

May 20, 2016

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Tata Communications selling 74% stake in data centre business to ST Telemedia

The Tata Communications-ST Telemedia deal, which also involves takeover of debt, is valued at Rs. 4,239 crore.

May 19, 2016

JSW Steel posts net profit of Rs. 171 crore for Q4 FY16; shares rise

JSW's revenues fell almost 15 percent to Rs.10,697.52 crore in the fourth quarter of financial year 2015-16.

May 19, 2016

Sun TV shares plunge 12% as DMK alliance trails AIADMK in initial trends

Sun TV Network is owned by Kalanidhi Maran, grandnephew of DMK president M Karunanidhi.

May 19, 2016

Hong Kong launches fresh plan to fortify cyber security after SWIFT heist

The FBI, authorities in Dhaka and private forensic experts are investigating the February cyber heist in Bangladesh.

May 19, 2016

5th Avenue-like Apple Stores coming to India

Apple to set up iOS app design and development accelerator in Bengaluru

Apple's Bengaluru facility is expected to provide guidance to developers on the company's proprietary programming language Swift.

May 18, 2016

Novartis splits drugs business into two, pharma chief to leave

David Epstein, the American head of Novartis Pharmaceuticals and a 27-year veteran with the group, will leave the company to "explore new challenges from the U.S.," Novartis said.

May 18, 2016

Japan brewer Asahi says it won't bid for SABMiller's East Europe assets

Instead Asahi will focus on raising sales of the Peroni, Grolsch and Meantime beer brands that it agreed to buy from SABMiller last month for $2.89 billion.

May 18, 2016

Apple CEO's likely agenda for multi-day India visit

The world's second-largest smartphone-maker remains under-penetrated in the world's second-largest market by volume.

May 17, 2016

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Shares of SBI associate banks spurt on merger proposal; about 40,000 bank jobs at stake

SBBJ, SBT and SBM rose in the range of 4 to 13 percent on Tuesday over proposed merger with parent State Bank of India.

May 17, 2016

Biocon to develop oral insulin on its own after US drugmaker opts out of joint project

U.S.-based pharma company Bristol Myers Squibb (BMS) opted out of the deal in January.

May 17, 2016

SpiceJet offers domestic airfares at Rs. 511 and international airfares at Rs. 2,111

SpiceJet's sale price is applicable only for direct flight within the network across seven domestic routes and seven international destinations.

May 17, 2016

HSBC cuts 840 jobs in UK as part of its restructuring plan

Most of the staff affected were informed about the job cuts on Monday, sources were quoted as saying by Reuters.

May 17, 2016

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Companies

Global smartphone sales grew 3.9% in Q1 2016; Oppo enters Top 5: Gartner

HSBC to shut down 24 branches in India

EU aims to rule on Amazon's Luxembourg tax deal by July

Tata Communications selling 74% stake in data centre business to ST Telemedia

JSW Steel posts net profit of Rs. 171 crore for Q4 FY16; shares rise

Sun TV shares plunge 12% as DMK alliance trails AIADMK in initial trends

Hong Kong launches fresh plan to fortify cyber security after SWIFT heist

Apple to set up iOS app design and development accelerator in Bengaluru

Novartis splits drugs business into two, pharma chief to leave

Japan brewer Asahi says it won't bid for SABMiller's East Europe assets

Apple CEO's likely agenda for multi-day India visit

Shares of SBI associate banks spurt on merger proposal; about 40,000 bank jobs at stake

Biocon to develop oral insulin on its own after US drugmaker opts out of joint project

SpiceJet offers domestic airfares at Rs. 511 and international airfares at Rs. 2,111

HSBC cuts 840 jobs in UK as part of its restructuring plan

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]