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Companies

Barclays to close Asia cash equities; exit South Korea, Taiwan: Sources

The London-based lender will close its equity research, sales and trading and convertible bond trading businesses in Asia. Jan 21, 2016

Smaller companies surpassed their larger counterparts in CSR spend last fiscal: Crisil

Over 90% of the companies had opted to spend on CSR despite a 50% tax break on donations to the Prime Minister's Relief Fund. Jan 20, 2016

Nestlé loses bid to trademark four-finger shape of KitKat; Cadbury free to make rival chocolate bar

Nestlé had appealed against the European court of justice ruling that the KitKat shape was "not distinctive". Jan 20, 2016

Cognizant's new business in 2015 likely to exceed combined incremental revenues of Infosys, TCS, Wipro

The gap between Cognizant and India IT firms in acquiring new business is expected to widen going forward. Jan 20, 2016

Top Swiss companies to invest in Andhra Pradesh

Zurich-based Flisom proposed an initial investment of $200 million, while Gherzi offered to set up a Rs 2,000-crore textile park. Jan 20, 2016

Will Kya Kool Hain Hum 3, Airlift, Mastizaade do a Bajirao Mastani at the box office?

"Airlift" and "Kya Kool Hain Hum 3" will be released on 22 January, while "Mastizaade" will hit screens on 29 January. Jan 19, 2016

Reliance Industries reports 39% rise in Q3 net profit

The turnover was Rs.73,341 crore, down 23.9% from Rs.96,330 crore, YoY. Jan 19, 2016

Indian Railways plans to cut costs without hiking fares: Report

The railways witnessed freight traffic staying 7% below the target set for the April-December period last year. Jan 19, 2016

IPOs lined up despite market mayhem

Volatile market conditions are not a big worry for reasonably priced IPOs by good quality companies, said experts. Jan 19, 2016

Tata Motors may bag Rs 350 crore order for military trucks

The new order would be in addition to the previous order for 1, 239 trucks at a cost of Rs 940 crore. Jan 19, 2016

ITC's YiPPee! close to emerging as Rs 1,000- crore brand following Maggi controversy

After the Maggi ban, ITC had come out with a timely advertising campaign centered on quality and safety. Jan 19, 2016

Supreme Court restrains Centre from selling residual stake in Hindustan Zinc

The apex court questioned the decision to sell stake in a company that deals with strategic minerals. Jan 19, 2016

Fabindia sales cross Rs 1,000 crore mark, becomes India's largest retail apparel brand

During the fiscal year 2014-15, the textile company witnessed a 12% rise in sales worth Rs 1,148 crore. Jan 19, 2016

Paytm to commence payments bank services this summer

The company will have its banking headquarters in Noida (NCR). Jan 19, 2016

Reliance Jio, Reliance Communications ink deal to share and trade spectrum

Mukesh Ambani's Reliance Jio will buy 800 MHz spectrum from Anil Ambani's RCom in 9 circles and share in 17 circles. Jan 18, 2016
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