Oct 24, 2014 12:09 AM
Sensex closes at 26851.05 with a gain of 63.82 points Welcoming the Hindu calendar year Samvat 2071, stock indices surged ahead on Thursday, as broader indices galloped smartly to gain more than the benchmark indices. The benchmark Bombay Stock
Oct 24, 2014 12:03 AM
Apple CEO Tim Cook on Thursday conducted an inspection of a Foxconn iPhone workshop in China’s central Henan Province, where plans are afoot to ramp-up iPhone production to 120 million.Mr. Cook was accompanied by Terry Guo, founder and Chairman of T
Oct 24, 2014 12:01 AM
U.S.-based catastrophe modelling firm AIR Worldwide has estimated that insurance companies may take a hit of around Rs.2,400 crore due to Cyclone Hudhud, which recently battered Andhra Pradesh and Odisha coasts. AIR Worldwide’s insured loss estima
Oct 23, 2014 11:58 PM
The online retailers are taking the smartphones route to tap the market opportunity offered in Tier-II and Tier-III cities. Most leading players expect 90 per cent of their online shopping to come through smartphones and tablets within the next few years.
Oct 23, 2014 11:53 PM
Festive season sales have picked up, starting Dhanteras prior to Diwali. The momentum can continue till Christmas, according to retailers. Gold jewellery, automobiles and consumer durables registered massive sales, retailers said.In a marked change from l
Oct 23, 2014 11:50 PM
“There has been shift towards in-sourcing by U.S. firms over the past three years in the manufacturing sector and also in specific areas of high intellectual property value in companies.” In a reversal of trend, major firms are now looking t
Oct 23, 2014 11:45 PM
Wipro has reported a 7.9 per cent growth in consolidated net profit at Rs.2,084.8 crore for the second quarter ended September 30, 2014, helped by infrastructure services. The city-headquartered firm posted a net profit (after tax, minority interest and
Oct 23, 2014 11:44 PM
Even as Bajaj Auto is revamping its plans with new launches, Honda has been steadily increasing its bike volumes to reduce the sales gap with the former. With robust growth in its motorcycle sales over the past few months, Honda threatens to dislodge Ba
Oct 23, 2014 11:42 PM
Barred by the Securities and Exchange Board of India from accessing capital markets, realty giant DLF has sought interim relief from the Securities Appellate Tribunal (SAT) to allow it to redeem funds locked in mutual funds and other instruments. After
Oct 23, 2014 11:40 PM
Founded in 2012, Indix has already created a database of 500 million products in the cloud, and is looking to scale it up to 1 billion listings. Sanjay Parthasarathy, former executive of Microsoft, is betting big on the data analytics space through his s
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