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General
Doha Bank may set up Indian subsidiary
Doha Bank, one of the largest commercial banks of Qatar, is looking at the possibility of setting up a subsidiary ......
Manufacturing
M&M to seek shareholders nod to raise up to $780M
Auto major Mahindra & Mahindra will seek shareholders' approval to raise up to Rs 5,000 crore through issuance of securities ......
Consumer
Furniture retail giant IKEA moves a step closer to enter India; buys land in Hyderabad
Swedish home furnishing retailer IKEA Group has bought a piece of land in Hyderabad, as a part of its expansion ......
TMT
India-US sign pact under FATCA to combat tax evasion
India and the US today signed a tax information sharing agreement under a new US law, FATCA, that will enable ......
TMT
TCS Q1 net profit inches up 2%; revenue below street estimate
The largest software exporter TCS today reported a meagre 2.1 per cent growth in its June quarter net profit at ......
General
Chinese stocks stage biggest rally in six years with government support
China's stock market rebounded by nearly 6 per cent today after the government took steps to try to calm down ......
General
RBI may give payment bank license to postal department by September
The Reserve Bank is expected to grant payment bank licence to the postal department by September for operating Post Bank, ......
Consumer
Car sales growth skids in June
Car sales in India grew 1.53 per cent in June, the slowest in five months, with industry body SIAM singling ......
Others
A $7.6B write-off plus layoffs is never a good sign, Microsoft
Microsoft announced today it was going to shut down the Nokia phone unit, take a $7.6B write-off (more than the ......
General
Chinese stock sink on shattered investor confidence; pulls down Indian bourses too
Continuing their freefall despite government measures, China's stocks tumbled sharply today as investor confidence shattered by the recent USD three ......
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