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Companies

Snapdeal

Snapdeal to cut ties with Aamir Khan as brand ambassador: Report

The contract was extendable by a year, but the company decided against it, the Economic Times reported. Feb 5, 2016
Adani Power

Adani Power likely to set up $2.2 billion plant in Jharkhand: Report

Adani Power plans to double its power generation capacity in India to 20,000 MW by the end of this decade. Feb 5, 2016
Snapdeal

India's e-commerce to generate 2.5 lakh jobs in 2016: Assocham

Mobile-commerce, or m-commerce, is expected to grow rapidly in the country as businesses look to gain more market share. Feb 5, 2016
PS4

PS4 sales to help improve Sony's profitability: Fitch Ratings

However, Fitch expects Sony's mobile profitability to remain fragile on account of slower growth and increased competition in the global smartphone market. Feb 5, 2016
IPO

Market rout compels 6 firms to delay IPOs

The Financial Express reported that some firms might even contemplate trimming their issue size. Feb 5, 2016
Patanjali products

Baba Ramdev's Patanjali emerges India's top brand, pips Cadbury, Parle

Patanjali Ayurved was rated as India's top brand by BARC India, a television audience viewership measurement agency. Feb 5, 2016
IKEA in India

IKEA plans 4 stores in Karnataka valued at Rs 2,000 crore

The four IKEA stores in Karnataka will provide employment to 2,000 people. Feb 5, 2016
LinkedIn

LinkedIn forecasts weak first-quarter profit, shares plunge

The company reported its slowest growth in quarterly online ad revenue in more than two years. Feb 5, 2016
State Bank of India

SBI, Thomas Cook India launch holiday savings accounts to woo travellers

The bank's online customers can pre-select a holiday from Thomas Cook and save for it through a recurring deposit with the bank. Feb 4, 2016
Air India Express

Air India Express expects net profit of Rs 200 crore in FY16

In order to improve its profitability, the company plans to convert rupee loans into dollar loans. Feb 4, 2016
LafargeHolchim

Lafarge puts entire India cement business on the block

The latest announcement from Lafarge comes after its attempt to sell part of the business to Birla Corp failed. Feb 4, 2016
Jet Airways

Aviation stocks crash on rebound in crude oil prices

Fuel costs account for around 40%-50% of the operating costs of aviation companies. Feb 4, 2016
Bajaj Auto

Bajaj Auto Q3 net profit up 4.7%; revenues fall marginally

The dip in revenues was mainly on account of a fall in exports, while other income boosted net profit. Feb 4, 2016
RBS

RBS abandons sale of its India banking operations

The bank may now opt for selling individual parts of the business as it gradually shuts down its local operations. Feb 4, 2016
Nasscom

Nasscom cuts software services growth estimate for next fiscal

Growth concerns in the US and high volatility in Chinese markets are likely to pose significant risks for the IT industry going forward. Feb 4, 2016
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