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Toshiba Corp incoming President and chief executive Satoshi Tsunakawa (L) and incoming chairman Shigenori Shiga during a news conference at the company headquarters in Tokyo, Japan

Toshiba nominates new CEO to steer company's name away from $1.3B accounting scandal

Satoshi Tsunakawa, the former head of Toshiba's medical equipment division, is likely to succeed Masashi Muromachi next month. May 7, 2016
Snapdeal outpaces Amazon and Flipkart in delivery times across India, research shows

Snapdeal acquires TargetingMantra for an undisclosed amount

TargetingMantra provides a unified platform to manage customer life cycle through personalisation, targeting and big data analytics. May 5, 2016
Flipkart

More investors find Flipkart shares overvalued

Investors Valic Co and Fidelity Rutland Square Trust II, joining Morgan Stanley and T Rowe Price, have devalued their stake in Flipkart. May 5, 2016
Michael Dell

Dell-EMC deal to give rise to Dell Technologies

Dell will undergo a round of rebranding after its acquisition of EMC goes through. May 3, 2016
marissa-mayer-ceo-of-yahoo

Yahoo CEO to get $55 million upon leaving

Marissa Mayer's severance package includes a cash payout, benefits and stock. May 2, 2016
Snapdeal fined for misleading customers with iPhone 5s offer

FDI rule change may help Flipkart and Snapdeal catch up with Amazon

The regulation prohibits online marketplaces from offering discounts and could help level the online playing field, according to a Mint report. Apr 29, 2016
indian e-retail

Amazon overtakes Snapdeal to become No. 2 e-tailer

Experts believe that the online retailer can easily knock down market leader Flipkart, reports the Economic Times. Apr 28, 2016
Apple will create 4,000 jobs with new Maps development office in Hyderabad

Apple exempted from 30% sourcing norm; awaits FM's approval to open stores in India

last week, the California-based company tried to convince a government panel to allow it to open a chain of single-brand retail stores across India. Apr 28, 2016

Smartphone sales boost Samsung results

The firm posted improved revenue and profits in Q1 2016, exceeding its own estimates, due to steady sales of Galaxy S7 and S7 edge. Apr 28, 2016
Facebook CEO Mark Zuckerberg

Facebook plans new non-voting shares to keep Zuckerberg at helm

Mark Zuckerberg in December 2015 had pledged 99 percent of his Facebook shares into a philanthropy project. Apr 28, 2016
Top 5 smartphones launching in August 2016: Lenovo K5 Note, Oppo F1s, Samsung Galaxy Note 7 and more

Samsung to sail ahead of rivals in Q1 results

The tech giant's DRAM chip and 3D NAND chip business is expected to keep its Q1 2016 revenue figures higher than its competitors', reports Reuters. Apr 27, 2016

Canon's Q1 operating profit tumbles 39% as camera sales fall

Canon has lowered the full-year operating profits guidance to ¥300 billion, which is lower than the previous estimate of ¥360 billion. Apr 26, 2016
PepperTap

India's third-largest online grocery platform PepperTap taps out

The SnapDeal-backed online retail venture intends to shift focus to logistics. Apr 25, 2016
Apple will create 4,000 jobs with new Maps development office in Hyderabad

Govt may waive off local sourcing clause for Apple Stores in India

Apple might be exempted from 30 percent domestic sourcing norm to open stores in India, the Times of India reported. Apr 22, 2016
IT companies Q4 results India Inc call center corporate earnings

IT jobs to drop 20% in FY17: Nasscom chief

Nasscom chairman C P Gurnani attributes the drop to IT companies automating processes. Apr 22, 2016
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