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Lufthansa Airlines Aviation Europe

Germany's Lufthansa Group swings to loss in March quarter

Lufthansa Group reported net loss of €8 million for the January to March 2016 quarter and a 3.9 percent fall in traffic revenues. May 3, 2016
Starbucks outlet

After free drinks and food, Tata Starbucks woos employees with 5-day week

The decision is in line with the goal of becoming an "Employer of choice in India", according to Tata Starbucks. May 3, 2016
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Tribhovandas Bhimji Zaveri Q4 net profit, revenues hit due to jewellers' strike

Mumbai-based jewellery retailer Tribhovandas Bhimji Zaveri (TBZ) reported net loss as against profit in Q4 last fiscal. May 3, 2016
Big Bazaar

Kishore Biyani resigns as managing director of Future Retail

Kishore Biyani would however continue to hold the post of a non-executive director of Future Retail Limited. May 3, 2016
Baker Hughes

Baker Hughes tries to reassure investors as Halliburton deal fails

Both had hoped the merger would help them weather the worst oil price crash in a generation. May 3, 2016
Vijay Mallya

Vijay Mallya resigns from Rajya Sabha

The Parliamentary Ethics Committee was scheduled to meet Tuesday and was likely to expel the MP from the upper house. May 2, 2016
Renault India duster

Renault India domestic car sales zoom in April

Domestic car sales rose 211 percent to 12,426 vehicles over 4,001 cars sold in April 2015, Renault India said in a statement on Monday. May 2, 2016
Dollars

Convergys in advanced talks to buy BPO firm Minacs: Report

If the deal materialises, it could be worth $500 million acquisition, the Mint reported. May 2, 2016
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Wipro, Saudi Aramco, Princess Nourah University launch Saudi Arabia's first all-women business park

The all-women business park is expected to create 21,000 jobs for Saudi women over 10 years. May 2, 2016
Bajaj Auto two wheeler sales motorcycle

Bajaj Auto, Royal Enfield motorcycle sales rise in April

Bajaj Auto reported 25 percent volume growth, while Royal Enfield motorcycle sales rose 42 percent in April. May 2, 2016
Cars domestic car sales sale of cars in India

Maruti Suzuki, Hyundai, Mahindra domestic car sales rise in April

However, exports by Maruti Suzuki dropped 13.7 percent, while Hyundai witnessed a 6.5 percent fall in exports in April. May 2, 2016
Tata Steel UK

Liberty House confirms bidding for Tata Steel's UK business

Indian-origin businessman Sanjeev Gupta-owned Liberty House was one of the first companies to show interest in buying Tata Steel's UK business. May 2, 2016
Wind mills

Tata Power may acquire Welspun's wind solar assets

The Tata Power-Welspun deal is valued at Rs. 9,627 crore, the Economic Times reports. May 2, 2016
Lupin launches dementia drug in U.S

India's Lupin to scale up brand, specialty business in US

Lupin said it is looking to launch new products, acquire brands and specialty companies in the United States. May 2, 2016
Ultratech

Cement companies expecting revival in demand in current financial year

Cement companies expect infra projects to drive demand growth to 6-8 percent in 2016-17, Mint reports. May 2, 2016
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