- Jul 30, 2015 12:54 IST
Announced in mid-April, Nokia's acquisition of Alcatel-Lucent at €15.6bn by mid-2016 aims to position the company to better compete with market leader Ericsson of Sweden and low-cost Chinese powerhouse Huawei by forging a strong number two in mobile with a more complete product line.
- Jul 30, 2015 11:27 IST
Facebook Inc reported a fall in its quarterly profit by 9% even as its revenue beat forecasts as the social media company sharply increased spending to boost mobile revenue and future growth.
- Jul 30, 2015 11:04 IST
The 30-share barometer, which had gained 104.20 points in the previous session, rose further 156.72 points, or 0.56%, to 27,720.15. Besides, value-buying in capital goods, healthcare, realty, PSUs, auto and banking stocks positively impacted trading sentiment.
- Jul 30, 2015 11:17 IST
The rupee fell by 7 paise to 63.98 against US dollar at the Interbank Foreign Exchange market on Thursday as the American currency strengthened overseas after the Federal Reserve upgraded its outlook on the US economy.
- Jul 30, 2015 12:06 IST
A day after reporting a net loss of Rs 64.4 crore in its second quarter, Nestle India's stocks opened at 6,011 on Thursday.
- Jul 29, 2015 23:43 IST
The new breed of jobseekers have become ‘brand conscious’ and is considering the reputation of the company through its website and social media reviews while making career decisions.
- Jul 29, 2015 23:36 IST
Fast-moving consumer goods (FMCG) major Nestle India on Wednesday reported a loss during the April-June quarter as sales took a hit after its popular Maggi noodles were withdrawn from the market over safety concerns.
- Jul 29, 2015 23:33 IST
With an aim to put its troubled past behind it, General Motors, the world’s third-largest carmaker, on Wednesday announced a major overhaul of its near two-decade old operations in India. The company announced an investment of $1 billion (Rs 6,400 crore) towards expanding its capacity at Talegaon, closure of older Halol factory and plans to launch 10 new models by 2020.
- Jul 28, 2015 23:48 IST
In a huge setback for national carrier Air India (AI), eight senior Boeing 787 Dreamliner pilots, on whom the airline had spent about Rs 40 lakh each on training, have resigned.
- Jul 29, 2015 11:18 IST
Twitter Inc's shares fell more than 11% in extended trade on Tuesday after the microblogging company said its number of monthly average users grew at the slowest pace since it went public in 2013.
- Jul 29, 2015 11:25 IST
Putting its last four days of losing stretch behind, the benchmark BSE Sensex sprinted again, rallying 104 points to close above the 27,500 level, mostly on value-buying by participants ahead of the July derivatives expiry.
- Jul 29, 2015 11:17 IST
The rupee on Wednesday surrendered its initial gains and ended steady at 63.91 against the American currency on fag-end dollar demand from importers coupled with emergence of weak sentiment on the global front.
- Jul 29, 2015 00:27 IST
Communications minister Ravi Shankar Prasad is ready to help telecom operators in every way to fight the menace of call drops, but he won’t tolerate inaction.
- Jul 29, 2015 00:00 IST
Ajay Singh-led SpiceJet, which reported its second straight quarterly profit on Tuesday, is likely to place a fresh order of 100 big jets this year.
- Jul 29, 2015 00:12 IST
Low spectrum availability, arbitrary demolition of cell towers and misplaced fears on emission have been cited by the telecom operators as the main reason behing call drops.