Indian Companies News, Company Business news, Corporate News

Business news

MSCI Reclassifies Stock Indexes, adds Twitter to World Index

Equity index provider MSCI reclassified equities across a broad spectrum of markets on Wednesday as part of its semi-annual review, adding among others U.S. social networking company Twitter Inc TWTR.N to its world index.

May 15, 2014

HSBC says Bonus for Chairman Capped at 1 Million Pounds

Banking group HSBC Holdings Plc (HSBA.L) has attempted to head off investor criticism over a new pay plan, capping any share bonus for its Chairman Douglas Flint this year at 1 million pounds ($1.7 million) and saying it would be a one off.

May 15, 2014

AstraZeneca Leaves Door Ajar to Pfizer, Despite Hurdles

AstraZeneca's boss said on Wednesday he would engage with Pfizer if the price was right and the risks posed from forcing the British drugmaker's operations into the U.S. company's new three-unit model were addressed.

May 15, 2014

Oracle Faces Scrutiny over $1.3 Billion Verdict Against SAP

A U.S. appeals court appeared skeptical on Tuesday about reinstating a $1.3 billion jury verdict won by Oracle Corp against SAP, in a case where the European software company admitted massive copyright infringement.

May 14, 2014

Pfizer Boss Enters Lion's Den of UK Politics to Sell AstraZeneca Deal

The boss of U.S. drugmaker Pfizer (PFE.N) faces UK lawmakers on Tuesday with a promise and a threat - to protect British jobs in his proposed joint creation with AstraZeneca (AZN.L) of a global powerhouse upon which he says the latter's future depends.

May 13, 2014

Sony Xperia Z4 Tablet Makes Unintended Debut; Confirms 2K Screen, Great Battery and More

Sony's Top Executives to Return Bonuses - Nikkei

Sony Corp's top executives will return their annual bonuses as the company's electronics business struggles with losses, the Nikkei reported.

May 13, 2014

file-photo-people-riding-a-motorcycle-in-front-of-the-office-of-ranbaxy-laboratories-at-gurgaon

Ranbaxy Posts Loss after Write-offs on U.S. Import Bans

Drugmaker Ranbaxy Laboratories Ltd (RANB.NS), which has agreed to be acquired by Sun Pharmaceutical Industries Ltd (SUN.NS) for $3.2 billion, posted a loss in the March quarter, hit by write-offs related to regulatory sanctions.

May 10, 2014

Micromax Bolt A69 Smartphone Available Online; Price, Availability Details

Popular smartphone maker Micromax expanded its Bolt series in India with the launch of Bolt A69.

May 9, 2014

Hero Motocorp's Updated Super Splendor Launched in India; Price, Availability Details

Hero MotoCorp, India's largest two-wheeler maker launched a new updated Super Splendor in the country with a price tag of ₹53,735 (ex-showroom, Mumbai).

May 9, 2014

Tata Zest To Arrive In India On 4 July; Bookings, Launch Details

Tata Zest Returns in New Batch of Spy Shots; Company Ramping Up Dealerships Ahead of Launch

Tata's upcoming sedan Zest has been spied testing once again in the country, suggesting the possible launch of the car in near future.

May 9, 2014

Ford EcoSport to Be Offered With Daytime Running LEDs in India: Report

Ford EcoSport Bookings Resumed in India

US auto major Ford has started accepting the booking for its much acclaimed EcoSport SUV in India again.

May 8, 2014

Toyota Etios Cross Launched In India; Price, Availability Details

Toyota Kirloskar Motor (TKM) on Wednesday launched its new crossover Etios Cross in India with a price tag starting at INR5.76 lakhs.

May 8, 2014

nissan-datsun-go-photo-wikicommons-bsbsbs

Nissan India Continues to Register Strong Sales with Datsun Go; Posts 328 Percent Growth in April

Japanese car maker Nissan posted a growth of 328 percent h for the month of April, as against the 1,239 units sold in the corresponding month last year.

May 8, 2014