Business News | Page 173
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08 Sep 2016
MumbaiTata Motors bags Rs.900 crore bus deal
Indian automaker Tata Motors said it has bagged a deal for over 5,000 buses from nearly 25 state transport undertakings.
07 Sep 2016
IndiaDelhi HC orders Britannia to pack up digestive biscuits
The Delhi High Court ordered Britannia Industries to withdraw from the market its range of NutriChoice Digestive Zero biscuits.
07 Sep 2016
IndiaBSE to file for IPO this week
The Bombay Stock Exchange is set to file for its IPO this week, and is in the process of filing the draft prospectus for the initial offering.
07 Sep 2016
IndiaVedanta Group set to invest Rs.3,000 crore in Tuticorin unit
Indian metals and mining behemoth, Vedanta Group, is set to invest a massive Rs.3,000 crore at its Tuticorin unit.
07 Sep 2016
West BengalMaruti's ventures into the LCV segment
Automobile manufacturer Maruti Suzuki has forayed into the light commercial vehicle (LCV) segment.
05 Sep 2016
BusinessService sector growth at three and a half year high
There has been an impressive rebound in expansion of the Indian services sector in August 2016.
04 Sep 2016
IndiaReport predicts boom in Indian music industry
Consultancy firm KPMG and the Federation of Indian Chambers of Commerce and Industry (FICCI) released a report based on information provided by the Indian music business sources predicting a boom in the industry.
FDA gives the final verdict on antibacterial soaps
The US Food and Drug Administration declared a final command meant to protect the people from the chemicals in antibacterial soaps.
04 Sep 2016
IndiaDLF exits the cinema business
India's largest real estate firm, DLF has been offloading its cinema business in tranches.
03 Sep 2016
BusinessMalaysian minister names PM Razak as key figure in 1MDB
Malaysian Cabinet Minister Abdul Rahman Dahlan has alleged that the "Malaysian Official 1" linked by the US to the 1MDB corruption scandal is Prime Minister Najib Razak.
03 Sep 2016
Nirmala Sitharaman200 e-commerce companies suspected fake, under DIPP scanner
Around 200 e-commerce companies have come under the scanner of the Department of Industrial Policy and Promotion (DIPP), many of whom are suspected to be fake.
02 Sep 2016
Jeff BezosAmazon inaugurates first Prime Now aircraft
On the morning of 1st September, 2016 in Seattle occurred an exclusive unveiling of Amazon.com Inc's premier Prime Air plane.
02 Sep 2016
Sachin TendulkarSachin Tendulkar launches his own sports management company
Master Blaster Sachin Tendulkar has launched his own sports management company "SRT Sports" to manage his post-retirement business.
01 Sep 2016
IndiaReliance Jio launch: Ambani announces attractive offers
The much anticipated launch of Reliance-jio'>Reliance Jio's 4G services took off to a scintillating start when Mukesh Ambani announced attractive offers and tariff plans today at Reliance's Annual General Meeting.
01 Sep 2016
San FranciscoGoogle forays into the ride-sharing turf of Uber
Google is planning to expand its ride-sharing service in San Francisco.
31 Aug 2016
iOSY Combinator: The world's most prestigious start-up school
Y Combinator, based in California is a start-up accelerator.
31 Aug 2016
IndiaIndia's largest spectrum auction slated for 1 October
India's largest telecom spectrum auction by far is slated for 1 October, postponed from the previous date of 29 September.
31 Aug 2016
San FranciscoGoogle's Waze expands carpooling service to San Francisco
Tech conglomerate Google is set to launch its carpooling service along San Francisco this fall and expand it if the service proves to be successful, according to the recent media reports.
31 Aug 2016
IndiaPrivate insurance players struggling to make profits
According to media reports, the future of the Indian insurance industry doesn't look bright.
31 Aug 2016
Indian Premier League (IPL)Sony to acquire Ten Sports for $385m
Sony Pictures Networks India have agreed to acquire Ten Sports network from Zee for almost $385 million.
31 Aug 2016
DiwaliGovernment blinks; hikes minimum wages
A massive hike in minimum wages was announced by the Central Government for unskilled non-agricultural workers.
31 Aug 2016
Central GovernmentCelebs could end up in jail for misleading advertisements
Under the draft Consumer Protection Bill, 2015, provisions penalizing celebrities for endorsing products with misleading claims are likely to be introduced.
27 Aug 2016
IndiaDisney Motion Pictures to pull plug on its Bollywood ambitions
Disney Motion Pictures is expected to shut down its Indian wing, Disney India that currently owns UTV.
27 Aug 2016
United States of AmericaSuccumbing to cloud rivals, Rackspace goes private in an acquisition
Cloud computing company Rackspace has announced that it has entered into a $4.3 billion cash deal with Apollo Global Management to become a private company.
27 Aug 2016
JapanJapan's GPIF suffers massive quarterly loss
Japan's Government Pension Investment Fund (GPIF) - the world's biggest pension fund - posted a quarterly loss of $52 billion.
27 Aug 2016
OLXIndian start-up GoZoomo decides to shut shop, returns investors' money
GoZoomo, founded in 2014, set-out to tackle the issue of mistrust in used-car maketplace space.
26 Aug 2016
MichiganWarren Buffett's Dow investment could face losing $8/second bonus streak
In 2009, Buffett's Berkshire Hathaway had lent Dow Chemical $3 billion as loan to aid their purchase of Rohm and Haas, a chemical manufacturer.
26 Aug 2016
BusinessUnified Payments Interface (UPI) goes live
On 26th August, 2016, National Payments Corporation of India (NCPI), rolled out the Unified Payments Interface (UPI).
26 Aug 2016
JapanJapan Trustee Services Bank sues Toshiba for $120 million
One of Japan's top securities processing bank, with assets upwards of 200 trillion yen, filed a suit against Toshiba against the losses it suffered from Toshiba's accounting scandal.
26 Aug 2016
United States of AmericaBed, Bath & Beyond, Walmart and others launch investigations
Following Target's decision to cut ties with Welspun India, Bed, Bath & Beyond and JCPenney also started investigations into the quality of Welspun India's products.
25 Aug 2016
BusinessFirst driverless taxi starts Singapore trials
The world's first ever driver-less taxi has begun picking up passengers as a part of public trials in Singapore.
24 Aug 2016
Bharti AirtelVodafone, Idea in 'exploratory' talks for mega merger
Idea Cellular and Vodafone India are "exploring" possibilities for a vital deal that could possibly translate into a merger.
24 Aug 2016
All India Institute Of Medical Sciences (AIIMS)MobiKwik to provide mobile wallets to slum dwellers in Pune
MobiKwik in partnership with NGO Samagra will provide ICT-enabled mobile wallets to the urban slum dwellers.
23 Aug 2016
BusinessNGT imposes Rs.5 crore fine on Adani Enterprises
The National Green Tribunal has imposed a fine of Rs.5 crore on Adani Enterprises over the 2011 oil spill off the coast of Mumbai.
23 Aug 2016
Future GroupFuture Group in talks to acquire More
Discussions between Future Group (Future) and Aditya Birla Retail (ABR) are underway for a proposed merger or acquisition of ABR's supermarket chain, More.
23 Aug 2016
BusinessMedia.net acquired for $900 million by Chinese consortium
Divyank Turakhia's Starbuster TMT Investments' owned Media.net was acquired by a Chinese consortium in an all-cash transaction of $900 million.
22 Aug 2016
XiaomiFrom $45bn valuation to $4bn - What's wrong with Xiaomi?
Only 18 months after Xiaomi's last round of funding in Dec'14, the Chinese smartphone company's valuation came down to $4 billion, according to business analysts.
22 Aug 2016
IndiaFlipkart co-founder Sachin Bansal admits to company not meeting targets
Sachin Bansal, who earlier this year stepped down as CEO of Flipkart, admitted that the e-commerce portal had not been meeting its targets.
22 Aug 2016
IndiaArmy canteens are the most profitable retail chains in India
According to a report published in the Economic Times, India's most profitable retail chain is run by the Indian defence services.
21 Aug 2016
Mahindra & MahindraMahindra & Mahindra to make an affordable electric SUV
Mahindra & Mahindra (M&M) has started working on what is being reported as the world's "most affordable electric SUV" through the Mahindra Electric unit, which was known earlier as Mahindra Reva.