Companies

FDA warning to drug maker Dr Reddy's; share value drops by 15%

The warning means it would not receive U.S. approvals for drugs made at its plants.

Nov 6, 2015

John Lewis Christmas advert 2015: Man on the Moon advert unveiled by retailer

Watch the new video of the latest festive advert by the retailer who this year has partnered with Age UK.

Nov 6, 2015

SBI shows better-than-expected 25% rise in profit as bad loans drop

Higher interest income and a drop in bad loans drove its shares up 4%.

Nov 6, 2015

Payment banks to offer hundreds of jobs with salaries as high as Rs 1.50 crore

The entities are also scouting for talent outside the country.., said K Sudarshan, managing partner and co-founder, EMA Partners.

Nov 6, 2015

India's distressed power sector relying on 'Uday' for new dawn

The outstanding debt of the distribution companies is Rs 3.8 lakh crore.

Nov 6, 2015

Walt Disney profit rises at cable network, beats Wall Street forecasts

Revenues recorded are slightly below analysts' estimates.

Nov 6, 2015

Bank of Baroda Q2 profits slump as bad loans show a big jump

Shares tumbled almost 10 percent at the opening of the market.

Nov 6, 2015

China slowdown forcing MNCs to think of turning away

Companies find that double-digit growth of the first decade is now elusive.

Nov 6, 2015

Probe begins into Exxon Mobil misleading public on climate

The Exxon Mobil investigation might extend to other oil companies.

Nov 6, 2015

H and M Balmain mayhem: Scuffles break out in Regent Street as retailers fear Black Friday frenzy

Rushing into the store, the desperate fashionistas could be seen grabbing anything off the wracks

Nov 5, 2015

Virtusa to buy 53% stake in Polaris for Rs.1,173 crore

Virtusa will purchase shares at a price of around Rs.220.73 per share.

Nov 5, 2015

Layoffs create chaos among employees at TinyOwl office in Pune

Local members of political parties were also present at the TinyOwl premises.

Nov 5, 2015

Microsoft ties up with Justdial, Snapdeal, Paytm for 'cloud' start-up initiative

The newly launched "Microsoft Cloud" and new devices will catalyse digital transformation.

Nov 5, 2015

Facebook: 500 million watch videos daily, while 1 in every 7 checks profile

As Facebook's popularity continues to rise, mobile app fuels the company's revenue increase.

Nov 5, 2015

Facebook posts strong revenue growth; average daily users rise to more than 1 billion per day

Facebook reported a 11% jump in profit for the third quarter as it witnessed a spike in revenue from ad sales. The social media giant saw revenues climb to $4.5bn (Â£2.9bn, â‚¬4.1bn) and claimed that its average daily users rose to more than 1 billion a day.

Nov 5, 2015

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