corporate news

Flipkart gets a $1-bn boost in fierce e-tail war

Flipkart founders Sachin and Binny Bansal at a press conference in Bangalore. (PTI)

Flipkart has been valued at between $5-7 billion after the latest round of funding.

$1 billion in bag, Flipkart now eyes 100 million usersFlipKart fund raising exercise nets $1 bn, highest-ever in Indian e-commerce industry
ITC net rises 16% on farm biz revenue, but short of expectations
ITC on Monday reported a 15.6% year-on-year jump in the June quarter net profit to R2,186.39 crore, ...

Bharti Airtel good, Idea Cellular better

Bharti Airtel reports net income that was higher by 61%. Idea had turned in a stellar set of numbers...

Escorts net down 41.49% at R34.11 cr

Engineering conglomerate Escorts on Tuesday reported a 41.49% decline in net profit at R34.11 crore ...

$1 billion in bag, Flipkart now eyes 100 million users

Flipkart, according to industry watchers, is now valued at anywhere between $5 billion and $6 billio...

When we have 100 million customers, we will become profitable

Flipkart is on a high, having raised $1 billion from a group of investors, led by Tiger Global and N...
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Will adjust processes to handle future delays, says SpiceJet
With DGCA directing SpiceJet to refund fares and food charges to all the passengers on a Mumbai-Delh...
Honda profit rises but US operations dented
Honda Motor said teething troubles at a new plant in Mexico dented sales and profit in the US market...
BP posts jump in profit but warns of sanctions impact
Oil and gas producer BP reported a sharp rise in second quarter profits on Tuesday but warned that ...
Microsoft under China anti-monopoly probe
A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft C...
DCM Shriram net up 56% on higher income
DCM Shriram on Tuesday reported a 56% increase in consolidated net profit to R177.33 crore in the qu...
HTC Global in talks to acquire three firms; to hire 10,000
IT and IT-enabled services (ITES) provider HTC Global is in talks with one large and two small compa...
Bitter pill: Ranbaxy posts Rs 186-cr loss
Ranbaxy Laboratories on Tuesday missed analyst expectations, reporting a quarterly loss of R186 cror...
Sesa Sterlite net falls 77% on changed depreciation norms
Metal, mining and energy major Sesa Sterlite has posted a sharp 77% sequential drop in consolidated ...
Australian model Robyn Lawley posts nude selfie protesting Adani group project
An Australian model has posted a nude selfie on Instagram protesting govt's clearance...
Cyrus Mistry road map: Tata group to invest $35 bn, eyes spot in top 25 global list; FY14 revenue soars over $100 bn
Tata group will invest USD 35 billion in the next three years as part of its vision 2025...
Mohali plots: NCDRC says unscrupulous builders should not be spared, penalises Emaar MGF Land
NDCRC also imposed punitive damages of Rs five lakh on the builder Emaar MGF Land.
Sesa Sterlite clocks Rs 376-cr net profit in Q1
The attributable profit after tax after exceptional items stood at Rs 600 crore in the same quarter ...
Will 'adjust processes' to handle delay scenarios properly: SpiceJet
SpiceJet became the first airline in the country to be directed by DGCA to refund fares.
Nissan to recall over 22,000 Micra, Sunny cars in India
The company will start recalling the vehicles in coming, Nissan official says.
Escorts Q1 net profit down 41.49 per cent at Rs 34.11 crore
Net sales of Escorts stood at Rs 1,122.1 crore for the quarter
Bharti Airtel quarterly net profit rises 60.9% to Rs 1,108 crore
Bharti Airtel reported a net profit of Rs 689 crore...
Ranbaxy Laboratories quarterly net loss narrows to Rs 186 cr
Consolidated net sales of Ranbaxy Laboratories stood at Rs 2,372.24 crore.
Startup village ties up with Getit Infomedia
Getit has launched a 'ScaleIQ Innovation Zone' at Startup Village in Kalamassery.
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