Companies

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

India drafts policy to claim stake in Global Internet of Things by 2020

Under IoT, various devices can be connected with internet for sharing data among a specified community.

Nov 17, 2015

Azim Premji investment arm to buy 4% stake in ICICI Prudential Life Insurance

Earlier this year, the valuation of the insurer stood at Rs 36,000 crore .

Nov 17, 2015

China: Fiat recalls 42,935 cars due to problem in gearshift system

The recall involves Viaggo Sedans manufactured between Aug 2012 and Dec 2013.

Nov 17, 2015

Apollo Tyres acquires German tyre distributor Reifencom GmbH

Apollo Tyres describes it as a "strategic fit" to grow its European business.

Nov 16, 2015

Black Friday 2015: Mobile deals to play significant role according to Styloko CEO

Styloko CEO Shannon Edwards experts Black Friday 2015 to be more manic than last year.

Nov 16, 2015

Baba Ramdev's Patanjali launches 'atta' noodles

Patanjali had a turnover of Rs. 1,200 crore last year.

Nov 16, 2015

China: Tsinghua Unigroup to invest $47 billion to build chip empire

The size of Tsinghua Unigroup's planned investments is almost equal to Intel's $50 billion chip revenue in 2014.

Nov 16, 2015

Reliance Jio's 4G services will 'shake up' Indian telecom space: Airtel's Sunil Mittal

Smaller operators will be compelled to consolidate with the entry of Reliance Jio, said Mittal.

Nov 16, 2015

Jindal Steel to cut costs after loss in second quarter

Steel-maker to sell some non-essential assets as it looks to pare losses

Nov 15, 2015

Apollo Hospitals posts marginal growth in net profit

Net profit was Rs.93.67 crore for the quarter ended September 30.

Nov 14, 2015

Wockhardt net profit increases 30-fold in Q2; sales soar

Net profit was a mere Rs.3.6 crore in the same period a year ago.

Nov 14, 2015

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Companies

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

India drafts policy to claim stake in Global Internet of Things by 2020

Azim Premji investment arm to buy 4% stake in ICICI Prudential Life Insurance

China: Fiat recalls 42,935 cars due to problem in gearshift system

Apollo Tyres acquires German tyre distributor Reifencom GmbH

Black Friday 2015: Mobile deals to play significant role according to Styloko CEO

Baba Ramdev's Patanjali launches 'atta' noodles

China: Tsinghua Unigroup to invest $47 billion to build chip empire

Reliance Jio's 4G services will 'shake up' Indian telecom space: Airtel's Sunil Mittal

Jindal Steel to cut costs after loss in second quarter

Apollo Hospitals posts marginal growth in net profit

Wockhardt net profit increases 30-fold in Q2; sales soar

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