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Companies

ShopClues joins billion-dollar club, plans to issue IPO in 2017

ShopClues said that its GMV has grown more than four times since January 2015. Jan 12, 2016

Junior doctors strike: BMA takes NHS contract fight to Tories doorstep with parliament picket

IBTimes UK visited a demonstration outside St Thomas Hospital in London. Jan 12, 2016

Cognizant sees no impact on revenue despite Chennai floods

The IT services provider has 11 delivery and operations centers in Chennai, which recently witnessed one of the worst floods in the past several decades. Jan 12, 2016

Star Wars The Force Awakens: Why Disney is set for future box office dominance

The success of Star Wars, Marvel and Pixar means Disney are set to rule the box office for years to come. Jan 12, 2016

8K Miles betting big on cloud services, life sciences market; shares up 3x in a year

The company is optimistic about its growth prospects in the coming years as big companies have not yet fully switched to cloud platform. Jan 12, 2016

Pharma major Shire takes over Baxalta in a $32 billion cash and stock deal

Shire CEO Flemming Ornskov hopes that the deal will drive the company's revenues to over $20 billion by 2020. Jan 12, 2016

MoneyGram renews ICC sponsorship by 8 years but Lodha panel recommendation on ads could alter dynamics

The Lodha panel had recommended to away with advertisements aired at the end of over and confine them to tea, drinks and lunch breaks. Jan 11, 2016

Reliance Industries bucks bearish trend to hit 18-month high

RIL gained by 6% in the past one week compared to a 3% decline in the benchmark indices. Jan 11, 2016

Reliance Jio's AAE-I submarine cable system gets green ministry's approval

The Indian part of the 20,000-km cable will be built by Reliance Jio at a cost of about $6 million. Jan 11, 2016

Binny Bansal to replace Sachin as Flipkart CEO in management rejig

However, Sachin Bansal will continue as the executive chairman of Flipkart. Jan 11, 2016

Nurses Bursaries: Protests across the UK as student nurses denounce attack against the NHS

Student nurses and midwives have protested across the UK over the governments decision to scrap their bursaries in favour of loans. Jan 11, 2016

Amazon leases 30,000 sq ft space in Mumbai for headquarters: Report

Amazon's office in Bengaluru will continue as its back-end hub, the source said. Jan 11, 2016

Birla Corp may acquire Reliance cement business in Rs 5,000-crore deal

Birla Corp is perhaps the only potential buyer engaged in advanced talks with Reliance Infra cement company. Jan 11, 2016

Anil Ambani to invest Rs 5,000 crore to set up naval facility in Andhra Pradesh

The Reliance Group has already invested Rs 15,000 crore in the state across various sectors, including telecom and power. Jan 11, 2016

Chennai floods, weak demand to weigh on IT earnings in Dec quarter

TCS and Wipro have already issued warnings over Chennai floods' impact on their Q3 earnings. Jan 11, 2016
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