AirAsia to fly from June 12 May 29, 2014 18:05
AirAsia India will begin its operations in the country from June 12 and ticket sales are starting on Friday i.e, May 30. AirAsia has been granted flying license by aviation regulatory DGCA earlier this month…
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Flipkart acquires Myntra May 21, 2014 12:02
India's largest online retailer, Flipkart.com, has acquired fashion e-retailer Myntra.com and the deal will be a combination of both cash and stock, is scheduled to be announced on Thursday. The officials from both the side…
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Gold smuggling up by four times May 12, 2014 14:47
Gold smuggling in India has increased by four times compared to the previous year and so far Rs 245 crore worth gold was seized by Directorate of Revenue Intelligence [DRI] during 2013-14. The DRI officials…
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Barclay to cut 19,000 jobs May 08, 2014 16:32
Britain's Barclays will cut 19,000 jobs around the world in the next three years and a total of 7,000 jobs will go in its investment division. Barclays could also close up to 400 branches over…
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HDFC profit rise by 11 pc May 06, 2014 17:22
Housing Development Finance Corporation [HDFC] Ltd reported a profit of 10.8 percent rise at at Rs 1,723.10 crore for the fourth quarter ended March, 2014 where as the total income rose from Rs 5,666.08 crores…
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Walmart ends deal with Bharti April 28, 2014 16:08
US retailer Walmart Stores Inc. ends its six year old high profile retail partnership with Bharti Enterprises and spent USD 334 million [Rs2,025 crores] in debt related to the purchase of stake. The world's largest…
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Indian born as next Nokia CEO ? April 25, 2014 17:13
Indian born Rajeev Suri is all set to become the next Chief Executive Officer [CEO] of Finnish mobile maker Nokia. The announcement is expected on April 29th added a source. The 46 year old Suri…
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TCS to hire 55000 employees April 17, 2014 15:21
Tata Consultancy Services [TCS], on Wednesday, reported 48.2 per cent growth in its consolidated net profit at Rs. 5,410 crore and Revenues were up 31.2 per cent at Rs. 21,551 crore for the fourth quarter…
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Infosys Q4 Results beats expectations April 15, 2014 14:41
Infosys on Tuesday declared their fourth quarter results and reported reported a consolidated net profit of Rs. 2,992 crore on sales of Rs. 12,875 crore between January and March 2014. The second IT giant of…
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Infosys hunts for new CEO April 11, 2014 15:57
Infosys Ltd on Friday announced that the search for the company's Chief Executive Officer [CEO] has begun. The current CEO and co-founder SD Shibulal will be retiring in January next year and so Infosys has…
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RBI to issue new Rs 10 notes April 08, 2014 16:42
Reserve Bank of India [RBI] on Monday announced that it would release fresh Rupees 10 notes with new governor Raghuram Rajan signature. However RBI did not mention any date for the launch of these notes…
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Sun Pharma to buy Ranbaxy April 07, 2014 17:01
Sun Pharmaceuticals Industries will buy struggling generic drug maker Ranbaxy Laboratories in an all-stock transaction for an equity value of USD 3.2 billion which will make it the largest pharmaceutical company in India and also…
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