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Online marketplace Etsy valued at $3.88bn in IPO debut

Shares of Etsy, an online marketplace for handmade goods and craft supplies, more than doubled in their debut on 16 April, valuing the company at about $3.88bn (£2.59bn).

Apr 17, 2015

India's First Maruti 800 Car Lying Unused for Over 1 Year

Indira Gandhi had handed over the keys of India's first Maruti 800 car to Harpal Singh.

Apr 17, 2015

EU: Googles ‘favourable treatment over its shopping services’ hurts competitors

The European Union Competition Commissioner accused Google on 16 April of cheating consumers and competitors by distorting Web search results to favour its own shopping service, after a five-year investigation that could change the rules for business online.

Apr 16, 2015

Mukesh Ambani, Chairman and Managing Director Of Reliance Industries Ltd.

Reliance Industries Q4 Profit Likely to Reach Record High on Higher Refinery Margins

The Mukesh Ambani-controlled RIL is estimated to post a net profit of 5% for the last quarter of fiscal year 2014-15, on the back of improved gross refining margins

Apr 16, 2015

Microsoft CEO Satya Nadella speaks during a Microsoft cloud briefing event in San Francisco

Microsoft's Satya Nadella Top Paid CEO in US, Says Report

Indian-origin Satya Nadella, who heads Microsoft Corporation, is the top paid CEO in the US, with a pay of $84.3 million (Rs 525 crore) a year, according to Equilar.

Apr 16, 2015

Former US Employee of TCS Files Lawsuit Against the Company 'Favouring South Asians' in Hiring

Steven Heldt, ex-TCS employee, who filed the lawsuit, alleged that a "substantial anti-American sentiment" prevailing in the company led to his termination.

Apr 16, 2015

Nokia to Buy Alcatel-Lucent in $16.6 Billion Takeover

The combined company will have about 114,000 employees and combined sales of around 26 billion euros.

Apr 15, 2015

Play

Money Talks: Shells bumper BG deal could start wave of oil and gas takeovers

Has a rush to buy up oil and gas companies just started?

Apr 14, 2015

Hero Working on Honda Activa's Rival to Boost Sales

Hero MotoCorp seems to be working hard on launching a rival to Honda Motor Co.'s best-selling scooter Activa, as it struggles with slowing demand in the motorcycle segment.

Apr 13, 2015

indians-shopping-for-gold-after-prices-fell

New PAN Card Rule for Jewellery Purchases May Lead to Job Losses

The government's proposal to make PAN card mandatory for jewellery purchases above ₹ 1 lakh in cash may lead to contraction in the industry and result in job losses in the sector, says Titan Company MD Bhaskar Bhat.

Apr 11, 2015