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Home  Business

Business

US court asks Antrix to pay $1.2 billion compensation

US court asks Antrix to pay $1.2 billion compensation

  • Gold ETFs log Rs 2,400-cr inflow in Sept quarter

    In comparison, investors had infused Rs 172 crore in this asset class in July-September 2019
  • India to pursue self reliance, support domestic entrepreneurs: Rajiv Kumar

    Niti Aayog Vice Chairman said India is committed to the global economy and opening trade orde
  • IOC net jumps 10-fold to Rs 6,227 cr in Q2

    IOC reported a standalone net profit of Rs 6,227.31 crore, or Rs 6.78 per share, in the July-September quarter, as compared to Rs 563.42 crore net profit in the same period a year back
  • Karur Vysya Bank Q2 net profit jumps 81 per cent

    Total income though fell to Rs 1,666.26 crore in the July-September period of FY21 as against Rs 1,815.24 crore in the same quarter of 2019-20
  • ExxonMobil to lay off 1,900 US employees

    The layoffs of 1,900 employees in the US will occur through a "voluntary and involuntary programmes"
  • Xiaomi overtakes Apple in global smartphone shipments in Q3: IDC

    India, which is the second largest market globally, witnessed very strong volumes during the quarter despite concerns around the Covid-19 pandemic.
  • Telangana unveils Electric Vehicle and Energy Storage policy

    The policy offers 100 per cent exemption of road tax and registration fee for the first two lakh electric two-wheelers purchased and registered within the State.
  • Amazon reports 37% growth in sales, expects bumper holiday season

    The company's cloud arm Amazon Web Services (AWS), generated sales of $11.6 billion for the quarter, up 29 per cent.
  • Sensex jumps over 200 points in early trade; Nifty tops 11,700

    NTPC was the top gainer in the Sensex pack, rising around 2 per cent, followed by Nestle India, HCL Tech, ONGC, SBI, M&M, TCS and Reliance Industries.
  • Apple sets September quarter record in India: Tim Cook

    Third-party data from market research firm Canalys earlier reported that Apple shipped over 8 million units in the July-September period in the country, registering double-digit growth.
  • Is Jeff Bezos considering purchase of CNN?

    Although there is no official confirmation of even the start of any formal or informal talks for such a potential deal from any party, some media investment bankers feel that the sale of CNN
  • Ketto seeing surge in medical crowdfunding

    Varun Sheth, CEO & co-founder Ketto.org told Telangana Today, “In the initial two years of our operations, we focused on startups, ideas and businesses. We gradually shifted our focus to social and non-profit purposes.
  • Airbus reports new pandemic losses

    We will have to live with the circulation of the virus for long period of time,” he said. “Yes, it's making our life a bit more difficult, but these kind of measures which by the way, are necessary
  • Volkswagen returns to profit as global auto markets recover

    Car sales in September increased over the same month a year earlier for the first time this year, by 3.3 per cent. A key driver of the rebound was China, Volkswagen Group's single largest market, where sales rose 3 per cent over the entire July-September quarter.
  • 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.
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