Archive for Business
Tech Mahindra in spotlight after bagging contract from Bombardier
Tech Mahindra after market hours yesterday, 5 October 2015, announced bagging a contract to provide digital solutions to Bombardier. As per the agreement with Bombardier Commercial Aircraft, Tech Mahindra will…
Flipkart Nearby App Launched for Grocery Delivery
E-commerce major Flipkart silently released its 'Flipkart Nearby' app over the weekend on Google Play store. The service has been launched in select neighbourhoods of Bengaluru. Flipkart's Nearby App divides…
LG Says Smartphone Sales to Improve Starting in Q4
South Korean consumer electronics maker LG Electronics Inc expects sales at its mobile division to improve starting from the fourth quarter as the firm launches new devices, a senior executive…
Apple’s India sales target: 12 lakh iPhones in one quarter
NEW DELHI: Apple is gearing up for a blockbuster opening of new iPhone devices in India as it targets to sell 12 lakh devices in the October-December quarter, nearly equivalent…
Larsen & Toubro Construction wins Rs 1,376 crore contracts
NEW DELHI: Engineering and construction major Larsen & Toubro today said its construction arm has won contracts worth Rs 1,376 core in power transmission and distribution business in domestic and…
China’s Didi Backs Ola to Compete Uber in India
New Delhi: China's ride-hailing app Didi Kuaidi has made investments in Ola, which is looking to ramp up its presence amid aggressive competition from rival Uber. In February this year,…
After Airtel, Idea to Shift All Prepaid Users to Per-Second Billing
Idea Cellular is shifting its million prepaid customers who were on per minute billing (PMB) plan to per second billing (PSB), thus ensuring all its prepaid users pay only for…
Flipkart Co-Founders Bansals New Billionaires: Forbes India
Leading Indian e-retailer Flipkart's co-founders Sachin Bansal and Binny Bansal are the latest billionaires in the country, with $ billion (roughly Rs. 8,582 crores) net worth each, according to leading…
SpieJet has highest load factor at 92%, IndiGo retains a third of market in August
New Delhi - SpiceJet was again able to beat market leader IndiGo and all other airlines with a passenger load factor of this August, when domestic air travel grew almost…
Volkswagen shares plunge on emissions scandal; US widens probe
Volkswagen shares plunged by nearly 20% on Monday after the German carmaker admitted it had rigged emissions tests of diesel-powered vehicles in the United States, and US authorities said they…
Airtel to Bill Its Prepaid Customers on a Per Second Basis
Indian telecom major Bharti Airtel has moved all its prepaid subscribers across the country to pay-per-second, ensuring customers pay only for the time they use the network. The move comes…
L&T Bags Orders Worth Rs 1,810 Crore
Mumbai: Engineering major Larsen & Toubro (L&T) on Monday said it has bagged orders worth Rs 1,810 crore across various verticals so far in this month. The company's construction arm…