Archive for Business
Amazon will invest $3 billion more in India, announces Jeff Bezos at USIBC gala
Amazon will invest an additional $3 billion in its India operations to take its investment in the country to over $5 billion, the American e-commerce giant’s founder and CEO Jeff…
India home to 56 of the world’s largest public firms: Forbes
NEW YORK: Mukesh Ambani-led Reliance Industries leads the pack of 56 Indian firms in Forbes's annual list of the world's 2,000 largest and most powerful public companies, with the US…
Nokia in Talks With Indian Telcos for 5G Network Trials
Nokia Networks is in talks with Indian telecom operators to start trials of next generation 5G networks even as the country is yet to see full-scale roll out of 4G…
Anand Chandrasekaran quits as Snapdeal’s CPO
The chief product officer of e-commerce marketplace Snapdeal, Anand Chandrasekaran, has quit the company to start his own entrepreneurial venture. Chandrasekaran was brought on board in June last year to…
Facebook Nasscom partnership
The trade body of Indian IT firms Nasscom has signed an MoU with Facebook to build a product design initiative to engage the country’s young entrepreneurs into becoming problem solvers…
Google and Idea Cellular bring carrier billing to India
We’ve been hearing about Google’s carrier billing plans for some time now, and finally it is here. Idea Cellular has teamed up with Google to offer its prepaid users the…
Uber Users Can Soon Pay For Rides Abroad Using Paytm Wallet
New Delh: Digital payments firm Paytm will enable Uber users to pay for their rides in Indian currency while travelling abroad using its mobile wallet by month-end. Alibaba-backed Paytm will…
Stocks in focus: Tata Motors, Hero MotoCorp, HDFC, Aurobindo
Shares of Tata Motors gained over 3 per cent after the company reported a per cent growth in sales at 39,763 units in April against 36,190 units during the same…
Nooyi, Nadella, Bhavesh Patel Among Highest Paid CEOs In World
New Delhi: As many as three Indian origin persons have been named among 100 highest-paid CEOs globally with PepsiCo's Indra Nooyi and LyondellBasell's Bhavesh Patel making it to the top…
Whats holding back Apple in India- Slow network and informal retail structure
India presents a “really great opportunity” for Apple but slow networks and the informal retail structure there is preventing the tech giant from realising its full potential, its CEO Tim…
Infosys hits record high, up 8% post Q4: Will rally last?
Shares of Infosys are flying off the shelves after it surprised the street with its March quarter results on Friday. Infosys rallied over 8 percent touching record high of Rs…
Infosys results Q4 2016
On Friday, CEO Vishal Sikka announced per cent quarter-on-quarter (qoq) rise in Infy's consolidated net profit at Rs 3,597 crore for the quarter ended March 2016. Infosys had registered net…