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Companies

Alibaba acquires South China Morning Post in a $266 million deal

Alibaba and SCMP Group said on Friday said Alibaba would buy the English language newspaper and other media properties. Dec 14, 2015

Dow Chemicals and DuPont in $130 billion megamerger, will split into three later

The move pleased activist investors and could trigger more consolidation. Dec 13, 2015

UK arm AugustaWestland not for sale, says Finnmeccanica

A report said Boeing made a bid earlier this year to buy Westland. Dec 13, 2015

MoU signed to set up 3 new IIITs in PPP mode

The new IIITs will be in Ranchi, Nagpur and Pune. Dec 13, 2015

Artificial intelligence firm OpenAI wins massive backing of $ 1 billion for research

OpenAI seeks to advance digital intelligence for humanity's maximum benefit. Dec 13, 2015

Nestle may leave Switzerland in the face of restrictions on pay, staffing

Nestle will not revise its growth targets despite a tough market environment. Dec 13, 2015

Chennai floods to weigh significantly on earnings in Oct-Dec quarter: TCS

Chennai is one of TCS' largest delivery locations with over 65,000 employees. Dec 12, 2015

Telcos already facing heat from impending Reliance Jio launch

"The market continues to underestimate the disruption from new entrant RJio," said Vinay Jaising, analyst at Morgan Stanley. Dec 12, 2015

TCS top wealth creator for investors in the last five years: Study

As many as eight of the top 10 wealth destroying firms are doing commodity business. Dec 12, 2015

Coca-Cola may close plants in India if 40% tax on soft drinks is approved

Currently, the aerated drink makers pay an excise duty of 18%. Dec 11, 2015

Flipkart stops selling e-books due to poor response

Indian users not yet ready to adopt the e-book format. Dec 11, 2015

Tata Group to launch its e-commerce portal soon: Report

Tata UniStore Ltd's online portal will offer over 100 brand stores, the group said. Dec 11, 2015

Infosys to come back to industry-leading growth path: Vishal Sikka

Infosys would see a 'more pronounced' once new initiatives taken by it start yielding results, the company said. Dec 11, 2015

FDA approves XSTAT bullet would-plugging device for civilian use

The US Food and Drug Administration has approved the civilian use of the XSTAT Rapid Haemostasis System, which can stop the bleeding from an open gunshot wound in 15 seconds. Dec 10, 2015

Is there any steam left in IndiGo owner shares after a strong debut?

In the past month, the scrip touched a high of Rs 1,145.75 and a low of Rs 878.45. Dec 10, 2015
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