Industry

After copying Xiaomi strategy, Huawei smartphone sales shoot up

China's Huawei Technologies has taken sales of its low-price Honor brand of smartphones to 20 mn from 1 mn in just a year.

SpiceJet effect: Centre plans temporary cap on airfares

Government is planning to impose a temporary cap on airfares to limit soaring ticket prices affecting passengers.

Jaiprakash buy cements UltraTech’s No. 1 position

UltraTech Cement, a part of the Aditya Birla Group, has agreed to acquire two integrated cement plants...

Ultratech

Cycle of investment in India now not very promising: Jyotsna Suri, FICCI

The new Federation of Indian Chamber of Commerce and Industry (Ficci) president Jyotsna Suri shared her views...

Bajaj Auto bets on international market for growth

The company is targeting at least a 35% market share, compared to 23% at present, in long term for its international business..

Awaiting investors, SpiceJet clears wage, OMC dues

SpiceJet still has liabilities of about Rs 2,000 crore, including over Rs 200-crore dues to Airports Authority of India.

SpiceJet, SpiceJet flight, SpiceJet Delhi Varanasi flight, SpiceJet new Flight

HCL revenues may take a hit in Q2 on stronger $

Adverse impact of about 210 basis points on strengthening US dollar

Not the first USFDA run-in for Ipca Laboratories’ Silvasa unit

The Silvasa facility of Ipca Laboratories, which received a Form 483 on December 19, citing five deficiencies...

Special court sets March 9 for verdict in Satyam case

A special court on Tuesday set March 9, 2015, as the date for the verdict in the multi-crore accounting fraud in Satyam...

AstraZeneca files patent case against Aurobindo Pharma

AstraZeneca has filed a patent infringement case against Aurobindo Pharma and Aurobindo Pharma USA...

Foxconn India: Over 600 workers in police custody

High drama prevailed at the Foxconn India factory at Sriperumbudur on Tuesday as over 600 workers...

Difficult to sustain at current prices: India Cements

The cement industry in southern India will find it difficult to sustain their operations with the current prices...

HDFC teases with partially fixed rate, but will home buyers bite the bullet?

Housing finance company HDFC has introduced a partially fixed rate scheme on home loans for tenure up to 10 years...

Customers, distributors not interested in Ulips anymore: Manoj Jain, CEO, Shriram Life Insurance

Shriram Life Insurance prefers to sell traditional moneyback plans instead of Ulips because most of its customers are in rural India...

Why such lenient policy on taxis, asks CIC citing Uber case

Taking cognisance of recent rape by an Uber cab driver, the Central Information Commission today pulled up the transport department...

CAG pulls up NHAI for favouring Reliance Infra, L&T, IRB

Putting NHAI in the dock for favouring private players, CAG today said Reliance Infra, L&T, IRB and other companies...

Reliance Infra got undue benefits from NHAI, says CAG

In a strong criticism of NHAI giving undue benefits to Reliance Infra for six-laning of a national highway...

Ultratech to buy Jaypee’s 2 cement plants for Rs 5400 crore

In one of the biggest deals in the cement sector, Aditya Birla Group firm Ultratech will acquire two plants...

Ultratech

GIC arm to acquire up to 39.2 pct stake in Nirlon Limited; to make open offer for addl 28.4 pct

Singapore's sovereign wealth fund GIC, through one of its step-down subsidiaries, has agreed to buy a controlling stake in Nirlon Ltd...

14 injured as Singapore Airlines flight from Osaka hit by turbulence

Fourteen people on board a Singapore Airlines (SIA) flight from Osaka were injured...

US economy grows at 5% in Q3; Strongest in more than a decade

The US economy grew at five per cent in the third quarter, the fastest in more than a decade...

Indian economy, Indian economy growth, Indian economy 2015, CAD, CAD 2015, economic growth, economic growth 2015, current account deficit, current account deficit news

Sobha Group signs deal with Doha Bank

Doha Bank has successfully signed a corporate finance deal worth 500 million dirhams (USD 136 million) with Dubai's Sobha Group...

As it awaits new investors, SpiceJet clears wage, oil co dues

Airport Authority of India gives credit till December 31...

SpiceJet, SpiceJet flight, SpiceJet Delhi Varanasi flight, SpiceJet new Flight

Taiwan fines Uber for illegal operation in latest setback

Taiwan has slapped a string of fines on app-based taxi service Uber for operating illegally.

Indian rupee loses 3 paise against US dollar at 63.28

The Indian rupee today lost three paise at 63.28 against the dollar due to sustained capital outflows and fresh...

Indian rupee gain

Honda plans setting up car manufacturing plant in Gujarat

Japanese auto giant Honda Cars India Ltd has approached the Gujarat government with a proposal to set up a car manufacturing plant.

Foxconn offers severance package Chennai plant workers

As the stand-off between employees and Taiwan-based Foxconn continued over suspension of production at its plant...

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