Domestic airlines put on hold their services to the Nepal capital Kathmandu, following the closure of runway due to a powerful earthquake that rocked central part of the Himalyan country, causing extensive damage to buildings.
Bank of Baroda, a leading Indian public sector bank, has tied up with UAE Exchange to offer an instant cash transfer facility to NRI customers.
Deutsche Bank will cut back investment banking, sell its Postbank retail chain via a public share offering and reduce costs, the group said late on Friday, in a restructuring plan designed to boost profits.
Sluggish demand for finished steel products amid stubborn iron ore rates in the domestic market is giving sponge iron producers a tough time.
The Supreme Court (SC) on Friday issued a notice to real estate major DLF on a plea filed by the Securities and Exchange Board of India (Sebi), challenging a Securities Appellate Tribunal (SAT) order in the matter pertaining to alleged disclosure norm
Amazon unveiled the financial performance of its powerful growth engine for the first time on Thursday, and the numbers sure looked pretty - especially compared with big companies like Microsoft and Google that are chasing it.
The Defense Department is seeking a new collaboration with Silicon Valley to gain access to the latest technology and talent as the US seeks to prevent catastrophic cyber-attacks.
Comcast Corp abandoned its $45-billion offer for Time Warner Cable Inc on Friday after US regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and internet-based services market.
In the latest development on the controversy surrounding scam-hit National Spot Exchange (NSEL), a metropolitan magistrate here told police to register a fresh case against Jignesh Shah and other present and past executives of Multi Commodity Exchange
Maharashtra-based private dairy player Parag Milk Foods is in race with Gujarat-based dairy cooperative Gujarat Cooperative Milk Marketing Federation (GCMMF) to start exports to Russia.
Infosys's performance in the quarter ended March this year has proven there is no short-cut solution to the company's problems and the initiatives taken under Managing Director and Chief Executive Officer Vishal Sikka might take more time to yield
"Go Big or Go Home", reads the latestcampaign by Paytm, a mobile wallet brand owned by the Noida-based One97 Communications, now 25 per cent owned by Ant Financial, an affiliate of Chinese e-commerce giant Alibaba.
US-based ERP-surround solutions in the Microsoft cloud today announced that it is spinning out its cloud solutions and services business into a new company, CloudMoyo.
The Akshaya Patra Foundation, which serves Mid Day Meals (MDMs) to children studying in government and government-aided schools across ten states, inaugurated its first Food Safety and Quality Control Lab (FSQC Lab) in Ahmedabad, a statement issued by
The debt-ridden Avantha Group on Friday sold its 35 per cent stake in Crompton Greaves’ consumer products division to private equity firms Advent International and Temasek for Rs 2,000 crore.
One of the largest downstream steel facilities, PT Essar Indonesia, part of Essar Global Fund has registered 22 per cent growth in its EBIDTA at $15.37 million for the year ended March 31, 2015, against an EBIDTA of $12.57 million in the previous year.
Swedish companies doing business in India are bullish about India’s investment climate.
By which, it said, it would strive to achieve an operating margin of 30 per cent, driven by much higher employee productivity.
A nearly 50 per cent drop in crude oil prices has forced Cairn India to exit its operations in Sri Lanka.
Just as banks were looking for some stability on the asset quality front, unseasonal rains have put cold water on the lenders’ expectations. Farmers, who are burdened with severe crop damage, are unlikely to repay their loans on time.