Archive for Business
L&T bags orders worth Rs 1,563 crore in July
NEW DELHI: Larsen & Toubro (L&T) on Tuesday said power transmission and distribution business of L&T Construction has bagged orders worth Rs 1,563 crore in July and August. "The power…
Nestle India goes up by nearly 2%, defies broader market trend
Defying the broader market trend on Monday, Stocks of Nestle India gained nearly 2% in morning trade on the bourses. The shares opened at Rs 6, and surged to an…
Bharti Airtel, Tech Mahindra Gain After Bagging Payment Bank Licence
Shares of Bharti Airtel and Tech Mahindra rose on Thursday after the companies bagged licences for payment banks. Leading mobile phone network operators Bharti Airtel, Vodafone India and IT services…
Infosys shares up after securing order from Nigeria’s Fidelity Bank
Infosys shares edged higher in the morning trade on Wednesday after Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys announced on Tuesday, that Fidelity Bank Plc, Nigeria,…
Birla Corporation surges as company to acquire Jojobera and Sonadih cement from Lafarge India
NEW DELHI: Shares of Birla Corporation BSE % surged over 12 per cent in trade on Monday after the cement maker announced it is going to acquire Jojobera and Sonadih…
Tata Sons to raise stake in AirAsia India to 41%
Tata Sons is increasing its stake in low-cost carrier AirAsia India from 30 per cent to 41 per cent, acquiring the additional stake by infusing fresh capital. The overall equity…
Tata Steel gains after Q1 results
Tata Steel rose to Rs at 9:19 IST on BSE after consolidated net profit jumped to Rs crore on fall in total income to Rs crore in Q1 June 2015…
Outside US, India is biggest market for FB
Facebook on Tuesday launched FB Start, a new programme designed to help early stage mobile startups in India. FB Start provides startups with exclusive community access, worldwide events, mentorship and…
Lenovo announces ‘Independence Day’ special open sale for K3 Note on August 10th
Lenovo today announced that it will have an ‘Independence Day special open sale’ for the K3 Note Black and White version on Filpkart on 10th August, 2015 The Lenovo K3…
JK Tyre Surges 4% as Q1 Net Surges Twofold
Shares of JK Tyre rose as much as 4 per cent on Wednesday after the tyre maker's net profit doubled in the June quarter. JK Tyre's consolidated net profit jumped…
Cognizant Beats Revenue, Profit Estimates in Q2
IT services provider Cognizant Technology Solutions Corp reported quarterly revenue and profit above analysts' expectations, helped by higher spending by clients in North America, especially in the healthcare and financial…
Motorola rolls out Moto Xpress, a doorstep after-sales service in North India
Motorola has just announced its latest after-sales service called Moto Xpress. The pilot project for this service will begin in New Delhi, Gurgaon and Noida. This home pick-up and drop…