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Govt plans to emulate Axis Bank-type stake sale to offload shares in IDBI Bank

The government sold its remaining 9% stake in Axis Bank last year for Rs 5,500 crore. Oct 27, 2015

Maruti Suzuki post Rs.1,225 crore profit for Q2; Axis Bank net up by 19%

Maruti Suzuki sold 3,53,335 vehicles during the quarter under review logging a growth of 9.8 percent. Oct 27, 2015

Good response to Indigo IPO offer; subscribed by 80.5% on Day 1

Very weak pick up seen in the non-institutional investors segment. Oct 27, 2015

Tesla CEO Elon Musk hints at opening Gigafactory in India

Modi government aims to generate 100 GigaWatt of solar power in the country by 2022. Oct 27, 2015

Diwali Sale: SpiceJet offers over 3 lakh seats for fares starting at Rs 749

Booking tickets through its mobile app will fetch 3% additional discount. Oct 27, 2015

Eros tries to reassure investors after shares slump

Eros enjoyed a hit this year with "Bajrangi Bhaijaan" that has earned Rs. 3.15 billion ($48.50 million) so far. Oct 27, 2015

JP Morgan set to launch rival to Apple Pay

The move would allow consumers to stop pulling out credit cards out of their wallets and start paying using their smart phones. Oct 27, 2015

China: Revotek releases worlds first 3D blood vessel bio-printer

The Chinese company Revotek released the worlds first 3D blood vessel bio-printer on Sunday (25 October). With two nozzles working alternatively, the bio-printer can finish a 10cm blood vessel within two minutes. Oct 26, 2015

United Phosphorous Ltd Q2 net profit rises by 59%

The company posted a net profit of Rs.320.91 crore for the quarter ended 30 September. Oct 26, 2015

BSNL, MTNL in talks with private players for spectrum sharing: Report

Sharing spectrum with the two government-owned telcos is expected to assist private operators to address rising call drop issues. Oct 26, 2015

Peugeot Citroen posts 3.2 percent rise in 3Q revenue despite China slowdown

Recovering European demand shielded the carmaker from the worst of a slowdown in China sales. Oct 26, 2015

Bharti Airtel Q2 net profit soars on data usage, beats estimates

In August, Airtel said it would price its 4G services at existing 3G costs, and the carrier is allowing some users to migrate to 4G for free. Oct 26, 2015

Wipro likely to extend CEO Kurien's term by at least one year: Report

The expert said the extension of Kurien's term will provide the company's chairman, Azim Premji, and the board more time to scout for a new CEO. Oct 26, 2015

Indian e-commerce market to triple to $12 billion this year

Amazon sales have increased four-fold this year, as it tripled the number of sellers on its platform. Oct 26, 2015

Oracle goes into aggressive mode, launches new cloud platforms

A slew of innovative moves to take on its main cloud computing rivals Amazon and Microsoft. Oct 26, 2015
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