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Doubling of H-1B visa fee by US to cost Indian IT companies $400 million

Prime Minister Narendra Modi has already spoken about the issue with US President Barack Obama. Dec 18, 2015

Japan's TDK corp to acquire Swiss Micronas Semiconductor in $215 million deal

TDK said it would offer 7.5 francs for each of the Swiss company's shares. Dec 18, 2015

Micromax to manufacture all handsets in India by 2018 as costs rise in China

Micromax will invest Rs 3 billion ($45 million) towards setting up new manufacturing plants in India. Dec 17, 2015

China Southern Airlines to buy aircraft worth $10 billion from Boeing

The carrier's chairrman was investigated for "severe violations of discipline." Dec 17, 2015

We're killing the porn site ad campaign: Zomato CEO Deepinder Goyal

"Some folks got offended by the campaign, felt the campaign was in poor taste," he wrote on Zomato blog. Dec 17, 2015

Jet Airways' CEO Cramer Ball quits due to 'family reasons'

Ball was appointed CEO of the airline at the request of its partner Etihad Airways Dec 17, 2015

Indian-origin entrepreneur Ramesh Awtaney's iSON Technologies buys Dubai government's tech arm

iSON Technologies will be acquiring GTS along with the iSON Group's co-investor, Dhabi One Investment Services. Dec 17, 2015

Missguided to sell apparel on Jabong

Missguided was founded by Indian-origin entrepreneur Nitin Passi in 2009. Dec 17, 2015

Facebook partners with Uber: Users can hail cabs using Messenger app in US

Uber rides can be hailed using Messenger app without downloading the Uber app. Dec 17, 2015

Indian market to overtake US by mid-2016 for Google: CEO Sundar Pichai

He said Google will increase its headcount at its Bangalore and Hyderabad offices. Dec 16, 2015

Zomato starts placing advertisements on porn sites to boost business

The cost of advertising on porn sites is cheaper than on Google AdWords and Facebook Ads. Dec 16, 2015

Germany: Dominos buys largest chain Joey's Pizza for 45 million Euros

Dominos Britain and Dominos Australia will be acquiring the German chain in a joint venture. Dec 16, 2015

MasterCard, Visa want level playing field with RuPay in PM's Jan Dhan Yojana

Both companies see 'invisible mandate' behind choosing RuPay as card issuer for scheme. Dec 16, 2015

Toshiba Corp to cut 7,000 jobs to restructure company

Major jobs cuts are expected in the lifestyle segment, which is has been hit by losses. Dec 16, 2015

Mahindra & Mahindra shares plunge after SC bans registration of luxury diesel cars in Delhi

In contrast, the SC ban is unlikely to have a significant impact on Maruti Suzuki sales in the city. Dec 16, 2015
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