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Home  Business

Business

Volkswagen returns to profit as global auto markets recover

Volkswagen returns to profit as global auto markets recover

  • Unicommerce enables omnichannel selling for retailers on Flipkart

    Retail brands using Unicommerce's omnichannel solution will be able to enjoy higher customer visibility and sell efficiently on Flipkart by getting a Flipkart Assured tag, the company said in a statement.
  • IT major Cognizant Q3 income down 30%

    For the September 2020 quarter, Cognizant's revenue was almost flat at $4.2 billion, including a negative 130 basis points impact from the exit of certain content services, Cognizant said in a statement.
  • Samsung Galaxy S20+ best-selling 5G phone in 2020 1st half

    The Galaxy S20 Plus, which was launched in February, took a revenue share of 9 percent in the global 5G smartphone market in the first half of the year, according to market researcher Strategy Analytics.
  • BP Plc pitches for infra sharing with cos like ONGC

    Speaking at the India Energy Forum of CERAWeek, BP's India head Sashi Mukundan said policy and decision making must support raising domestic oil and gas production by adopting best international practices.
  • Tech Mahindra bags Rs 400 cr contract from HAL

    Project Parivartan is a comprehensive business integration exercise driven to achieve a centralized ERP for HAL. This exercise will enable HAL to adopt some best practices being followed in the similar industries globally.
  • Zydus Cadila gets nod from USFDA to market diabetes drug

    The drug will be manufactured at the group's formulation manufacturing facility at the SEZ, Ahmedabad, it added. Dapagliflozin is indicated as an adjunct to diet and exercise to improve glycemic control
  • Laurus Labs Q2 net profit up 325% year-on-year

    The company’s revenue for the first half of the fiscal went up to Rs 2,113 crore, up 67 per cent Y-o-Y, while net profit jumped 475 per cent to Rs 414 crore Y-o-Y.
  • Shapoorji Pallonji submits plan for separation from Tatas

    Tata Sons is effectively a two-group company, with the Tata Group comprising Tata Trusts, Tata family members and Tata companies holding 81.6 per cent of the equity share capital
  • Nokia profit up, new CEO pledges to boost 5G investments

    The Espoo, Finland-based maker of new-generation 5G mobile and other networks said Thursday that net profit for the July-September period was up 14 per cent at 305 million euros ($358 million).
  • ‘Term plans becoming key products’

    Policybazaar.com surveyed more than 22,726 insurance buyers who used the company's mobile application between September 10 and 25, 2020, it said.
  • Geojit partners with Stockal to launch global investment platform

    Geojit has partnered with New York-based global wealth management services platform Stockal, to develop the AI-powered global investment platform which helps investors diversify their portfolio
  • Bharat Petroleum Corp Limited Q2 profit jumps 58%

    We had excellent results both physical and financial. First-quarter refinery performance was dismal due to Covid-19 lockdown. Our strategy of buying crude oil prices at low prices in May and June
  • Eight core industries’ output contracts 0.8%

    The production of eight core sectors had contracted 5.1 per cent in September 2019, data released by the Commerce and Industry Ministry showed on Thursday.
  • Global gold demand falls in July-September

    "Demand for gold dropped to 892.3t in Q3 - its lowest quarterly total since Q3 2009 -as consumers and investors continued to battle the effects of the global pandemic," it said.
  • Samsung sells 88 million handsets in Q3, India a shining spot

    Sales increased in tablets and wearables including the Galaxy Tab S7, Galaxy Watch3 and Buds Live also contributed to the profit growth in the third quarter.
  • TITA hails the new revenue act

    TITA Global President Sundeep Kumar Makthala said that the new Revenue Act will usher in a new revolution in the administration.
  • Maruti Suzuki reports 2 pc rise in Q2 net profit at Rs 1,419 cr

    During the second quarter, the performance improved on the back of some demand recovery and gradual improvement in supply conditions, the auto major said.
  • Dr Reddy’s partners with BIRAC for Sputnik V vaccine trials in India

    Collaboration will allow Dr Reddy’s to identify and use some of the Biotechnology Industry Research Assistance Council’s clinical trial centres
  • Samsung reports record sales amid questions about future

    “Even as the COVID-19 pandemic continues around the world, the reopening of key economies led to a significant increase in consumer demand,” Samsung said in a statement.
  • Sensex plunges over 350 pts in early trade; Nifty drops below 11,650

    The 30-share BSE index was trading 365.19 points or 0.91 per cent lower at 39,557.27. Similarly, the broader NSE Nifty tumbled 106.90 points or 0.91 per cent to 11,622.70.
  • Budget carrier IndiGo posts Rs 1,194 cr loss for Sept quarter

    "We are slowly but surely stair-stepping our way back to normal capacity. While we are much focused on managing the crisis of the present
  • Telangana PCI, GSDP growth higher than national average: Minister

    Speaking after launching a high level bridge constructed across Krishna river at Mattampally at a cost of Rs 50 crore, Prashant Reddy said the per capita income of Telangana State was now Rs 2.28 lakh against the national average of Rs 1.6 lakh.
  • VEM Technologies sets up advanced Seeker facility in Hyderabad

    The company has been working on building Seeker manufacturing capabilities since 2013.
  • FTCCI donates Rs 25 lakh to CMRF

    FTCCI president Ramakanth Inani, Senior Vice President K Bhasker Reddy, Vice President Anil Agarwal, CEO Khyati Naravane and past president JS Rao handed over the cheque to Industries Minister
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