White House assures Sikhs of their safety and security
The White House has assured American-Sikhs of their safety and security in view of the increasing threats and hate crimes against the community members in the recent past. In a …
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United Spirits: Long-term prospects intact
United Spirits Ltd (USL), in a surprise move on Tuesday, announced plans to declare itself sick and approach the Board for Industrial and Financial Reconstruction (BIFR) as the country’s largest …
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USFDA warning poses challenges for Cadila
Brokerages have cut earnings estimates for Cadila Healthcare over the next two years by five to 15 per cent following the two US Food and Drug Administration (USFDA) warning letters …
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Same security concerns exist in competing markets
Carlson Rezidor, one of the largest hotel companies in the world, is also one of the largest international chains in the segment in India. It has 75 operational and 50-odd …
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Nadella seeks ideas from start-ups to connect rural India
Microsoft is interested in working with Indian entrepreneurs to connect rural areas with technology and new economy, chief executive officer Satya Nadella said on Monday. Nadella, who was on a …
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Tata Sons picks China’s ICBC for banking solutions
Tata Sons formed a long-term partnership with the world’s largest lender Industrial & Commercial Bank of China (ICBC) on Wednesday and declared it would be a strategic banking partner. As …
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Tata International to expand footprint in Africa this year
Tata International, the global trading and distribution arm of diversified Tata Group, will expand its footprint in Africa by entering Angola and Ethiopia, taking its presence to 14 nations in …
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Sify to set up global delivery centre in Hyderabad
Integrated information and communication technology (ICT) solutions and services company, Sify Technologies, on Saturday announced the setting up of its largest global delivery centre in India at Hyderabad. It may …
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IT firms see cloud adoption to drive more business
TCS, Wipro and HCL Technologies would see higher growth for information technology infrastructure management services (IMS) as companies globally moved to the cloud and away from legacy infotech infrastructure, a …
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Fujifilm eyes 120 cr revenue from Instax cameras; ties up with Flipkart
Fujifilm India, on Tuesday, announced its strategic partnership with e-commerce portal Flipkart for exclusive retailing of its newly launched Instax mini range products and smartphone printer. The product range includes …
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Panchkula plot allotment case: Khattar recommends CBI probe
Haryana Chief Minister Manohar Lal Khattar has recommended CBI probe into the alleged irregularities in the allotment of industrial plots in Panchkula during the previous Congress government’s regime. The move …
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Delivery of Airbus A320neo aircraft to be delayed, says IndiGo
IndiGo, India’s largest airline by market share, has said deliveries of Airbus A320neo aircraft will be delayed. It has ordered 430 such planes and was expecting the first to be …
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Karnataka plan to regulate taxi-calling apps sparks scepticism
Taxi aggregators, such as Ola and Uber, could soon be regulated by a set of new rules that Karnataka is formulating – a move likely to help people but hurt …
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Gandhis get bail; Cong vows to fight ‘political vendetta’
Congress President Sonia Gandhi and Vice-President Rahul Gandhi were granted unconditional bail in the National Herald case on Saturday. The leaders, along with three others, Motilal Vora, Oscar Fernandes and …
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Apple Pay to launch in China in early 2016
Apple and China’s state-owned credit card processor announced plans today to launch the smartphone-based Apple Pay electronic payment system in China. Apple and China UnionPay said they plan to roll …
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WTO meeting: It’s back to square one
The World Trade Organisation’s ministerial conference in Nairobi concluded on Saturday, with the fate of the Doha Development Agenda (DDA) still uncertain and no significant progress on the contentious issues …
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Cairn writes to Modi on retrospective tax case
British oil firm Cairn Energy Plc has written to Prime Minister Narendra Modi seeking clarity on its Rs 10,247 crore retrospective tax dispute in light of his statement that the …
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Kesoram Ind to raise up to Rs 650 cr via issue of securities
B K Birla group firm Kesoram Industries today said its board has approved a proposal for raising up to Rs 650 crore through issue of securities. “The board, which met …
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CEO Martin Shkreli says securities fraud charges are ‘baseless’
Martin Shkreli, the pharmaceuticals entrepreneur vilified for jacking up the price of a life-saving AIDS drug, said on Saturday that unrelated securities fraud allegations that resulted in his arrest this …
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This Spanish retailer with the ‘best business model’ in apparel is scaring Gap, Abecrombie & Fitch, and J. Crew
Zara should make traditional retailers shake in their boots. Year after year, the Spanish fast fashion company reports strong earnings. And in the nine months ending in October, Zara’s parent …
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