Bengaluru, October 23 (IANS): Flipkart Investments will pick up 7.8 per cent stake in Aditya Birla Fashion and Retail Limited (ABFRL) with an investment of Rs 1,500 crore.
The equity capital will be raised a
Seoul, October 23 (IANS): Major display panel maker LG Display Co has swung to the black in the third quarter of the year on the back of robust demand for displays used in IT gadgets and increased shipments of
New Delhi, October 23 (IANS): Airtel Africa on Friday reported a fall of 8.8 per cent in its net profit on a year on year (YoY) basis at $88 million for the quarter ended September.
The company's revenue
NEW DELHI, OCTOBER 22 (IANS): Two-wheeler major Honda Motorcycle and Scooter India on Thursday said that it has commenced export of its next generation 125cc motorcycle - SP125 - to Europe.
The motorcycle is
NEW DELHI, OCTOBER 22 (IANS): Suzuki Motor Corporation's subsidiary Suzuki Motor Gujarat Private Ltd (SMG) has achieved accumulated automobile production of 1 million units, the company said on Thursday.
CHENNAI, OCTOBER 22 (IANS): Car maker Renault India on Thursday said it has increased its distribution network by 34 touchpoints over the past two months.
With this expansion, the total of new sales and serv
NEW DELHI, OCTOBER 22 (IANS): Smartphone shipments in India hit an all-time high of 50 million units in the third quarter of this year, registering eight per cent year-over-year growth, said a Canalys report on
CHENNAI, October 22 (Thomson Reuters Foundation): From unpaid overtime to wage cuts, Indian garment workers say they are being made to compensate their bosses for the food, shelter and salary provided in t
NEW DELHI, OCTOBER 22 (IANS): Former Finance Minister P. Chidambaram on Thursday criticised the Centre for its claims on reviving the economy. He said the economy was largely determined by the market, by t
NEW DELHI, OCTOBER 22 (IANS): Festival season is expected to give a temporary boost to India's economic prospect, brokerage major Motilal Oswal Financial Services said.
Accordingly, the brokerage firm
NEW DELHI, OCTOBER 21 (IANS): Eyeing the Rs 50,000 crore footwear market in India, Khadi Village Industries Corporation (KVIC) on Wednesday launched a range of footwear made of khadi fabric and said that it tar
PHNOM PENH, October 21 (Thomson Reuters Foundation): The pandemic risks triggering a race to the bottom that could push tens of millions of Asian garment workers into greater hazard on the factory flo
NEW DELHI, OCTOBER 21 (IANS): The government may further extend the date for submission of bids for Air India sale date beyond October 30 to give investors more time to make an offer while sweetening the deal t
CHENNAI, OCTOBER 21 (IANS): Japanese automobile maker Nissan Motor Corporation on Wednesday unveiled its compact sports utility vehicle (SUV) Magnite which will be made in India for Indian and global markets.
BENGALURU, OCTOBER 21 (IANS): India's Fedo and Knight FinTech are among the 10 fintech companies that have been selected for the seventh annual FinTech Innovation Lab Asia-Pacific, a mentorship programme cr
New Delhi, October 20 (IANS): Airtels privacy policy statement has been updated after a controversy over sexual orientation being part of the personal information that can be accessed.
The privacy policy of
NEW DELHI, OCTOBER 20 (IANS): Luxury car maker Mercedes-Benz India has decided to produce its high-end performance AMG vehicles sub-brand in India.
The company will soon roll-out the made-in-India 'AMG G
NEW DELHI, OCTOBER 20 (IANS): The much-awaited Jet Airways' resolution is finally heading towards a success, with the resolution plan of Kalrock Capital and Murari Lal Jalan having been approved by the Nati
NEW DELHI, OCTOBER 20 (IANS): The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore.
Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday,
SEOUL, OCTOBER 20 (IANS): LG Electronics on Tuesday released the world's first rollable TV in South Korea at a jaw-dropping price of $87,000 (about Rs 63.9 lakh) as the tech giant aims to target high-end co