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Companies

Ericsson, Cisco partner to create networks of the future via joint innovation

Both companies expect a revenue opportunity of $1 billion each by 2018. Nov 9, 2015

Reliance Power declares maiden interim dividend; total outgo is Rs 281 crores

The maiden dividend which comes to about Re.1 per equity share of Rs.10 each. Nov 9, 2015

Bank of India posts Rs.1,126 crore loss on rise in non-performing assets

It had showed a net profit of Rs.786 crore for the quarter ended September 30, 2014. Nov 9, 2015

Iran and Russia sign deal for delivery of S-300 surface-to-air missile systems

President Vladimir Putin had earlier this year lifted a ban on the delivery of the S-300 to Iran. Nov 9, 2015

Jet Airways confirms largest-ever order for 75 Boeing 737 aircraft; delivery in 2018

Jet Airways will start taking delivery of the aircraft starting in 2018. Nov 9, 2015

Volkswagen engineers admit to manipulating emissions

Volkswagen wanted to reduce its CO2 emissions by 30% by 2015. Nov 9, 2015

Tata Steel seeks price cuts from suppliers

Tata has cut thousands of job in Europe ever since it bought Anglo-Dutch producer Corus in 2007. Nov 9, 2015

Reliance Jio: Mukesh Ambani's day out in India's largest start-up

Mukesh Ambani's twins conceptualised the open office for "Jio" and delivered it in six months. Nov 8, 2015

Bihar poll outcome to drive markets, increase chances of US rate hike

Some analysts have predicted that a BJP loss will force the markets to correct by 2% to 2.5%. Nov 8, 2015

Essar Steel resorts to advisers to cut debt, sell stakes

India imposed a 20% import tax on some steel products to mitigate the damage to domestic companies. Nov 8, 2015

Indraprashtha Gas: Q2 profit drops down 15.06 percent

The company's revenue during the quarter increased by 1.90 percent. Nov 8, 2015

Sun Pharma's profit drops 30% over compliance costs, lower sales

It reported a July-September net profit of Rs 1,107 crore, down from Rs 1,572 crore a year earlier Nov 8, 2015

Boeing eyes new partnerships at Dubai Airshow

The plane-maker signed a strategic deal with Tata Sons in India in July 2015. Nov 8, 2015

Volkswagen managers afraid to travel to the US after emission scandal

The company is under probe in the United States, and could face penalties of up to $18 billion for the scandal. Nov 8, 2015

Diwali offer: Maggi noodles may be sold in select stores from 10 November

The formal announcement of Maggi noodles relaunch is expected to come later. Nov 7, 2015
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