Companies

Cab service provider Ola raises $500 million for expansion plans

The round of funding was led by venture firm Baillie Gifford and other venture firms.

Nov 18, 2015

Ford to expand SUV vehicle portfolio, capitalise on market growth

United Auto Workers union officials, analysts say Ford may use a Michigan factory to build its new SUV.

Nov 18, 2015

SAP formally launches digital literacy centres in 12 Indian cities

About 7,000 men and women have been trained in these centres since January.

Nov 18, 2015

US puts companies selling unproven products like Jack3d in the dock

Six USPlabs executives and S.K. Laboratories, which manufactured the supplements, face criminal charges.

Nov 18, 2015

Delayed payments hit small, medium Indian manufacturers hard

They said clients often take 150 days to pay as against the standard 30 days' time.

Nov 18, 2015

Payworld launches ATM-free cash withdrawing service

Payworld has tied up with the State Bank of India to operate the scheme.

Nov 18, 2015

Monsanto seeks to gobble up rival agrochemical companies

Monsanto is studying possibilities for consolidation in both the seed and agrochemical sectors.

Nov 18, 2015

Japan: Toshiba might be fined $60 million for accounting scam

Toshiba has set aside 8.4 billion yen for administrative penalties.

Nov 18, 2015

BSNL reports operating profit of Rs 672 crore for financial year 2015

It had posted an operating loss of Rs 691 crore in the previous fiscal.

Nov 17, 2015

Microsoft to fund start-ups that will offer affordable Internet access

The fund will aim to provide affordable Internet connectivity in unconnected areas of the world.

Nov 17, 2015

Western Coalfields to invest Rs. 6,280 crore across five years

Rs. 850 crore is being spent on land acquisition during the current fiscal year.

Nov 17, 2015

Infosys shares fall 2% to a two-month low despite warning on weak margins

EBIT margins for Q3 will be weak due to lower revenue growth and higher investments.

Nov 17, 2015

Marriott International to buy Starwood resorts in a $12.2-billion deal

The deal is expected to close by mid-2016 after approval from both companies' shareholders and regulators.

Nov 17, 2015

Facebook shares dip as Marc Andreessen sells 73% of stake

Marc Andreessen sold more than 1.5 million shares of Facebook stock worth roughly $160 million.

Nov 17, 2015

Detroit automakers plan to produce small cars in Mexico to reduce labour costs

AutoForecast estimates that GM, Ford and Fiat Chrysler will collectively produce 45% of their small cars in Mexico.

Nov 17, 2015

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Companies

Cab service provider Ola raises $500 million for expansion plans

Ford to expand SUV vehicle portfolio, capitalise on market growth

SAP formally launches digital literacy centres in 12 Indian cities

US puts companies selling unproven products like Jack3d in the dock

Delayed payments hit small, medium Indian manufacturers hard

Payworld launches ATM-free cash withdrawing service

Monsanto seeks to gobble up rival agrochemical companies

Japan: Toshiba might be fined $60 million for accounting scam

BSNL reports operating profit of Rs 672 crore for financial year 2015

Microsoft to fund start-ups that will offer affordable Internet access

Western Coalfields to invest Rs. 6,280 crore across five years

Infosys shares fall 2% to a two-month low despite warning on weak margins

Marriott International to buy Starwood resorts in a $12.2-billion deal

Facebook shares dip as Marc Andreessen sells 73% of stake

Detroit automakers plan to produce small cars in Mexico to reduce labour costs

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