shares
China's Xiaomi boosts shares with USD 1.5 billion buyback plan
Xiaomi’s market share in China declined by a fifth in the April-June quarter
Indiabulls Housing Finance shares drop 8 pc on Nifty replacement
Nestle India will replace Indiabulls Housing Finance in the benchmark Nifty 50 index from September 27.
Infosys closes Rs 8,260 cr buyback offer, takes back 11.05 cr shares
The company bought back 11,05,19,266 equity shares at an average price of Rs 747.38 per equity share.
Amazon to buy 49 per cent stake in Future Retail promoter firm
Amazon will make an equity investment in a promoter group firm Future Coupons for a 49 per cent stake.
United Bank of India targets Rs 1,000 cr net profit in FY20
The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottomline of Rs 95 crore.
Govt relaxes norms for shares with differential voting rights; to boost start-ups
According to the ministry, the initiatives have been taken in response to requests from innovative technology companies and startups.
SBI proposes to dilute stake in credit card business
The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited.
RCom Q1 loss widens to Rs 366 crore
Total income of RCom during the reported period declined to Rs 866 crore from Rs 1,008 crore a year ago.
Uber loses USD 5 billion, misses Wall Street targets despite easing price war
The company’s core business, ride-hailing, grew revenue only 2 per cent to USD 2.3 billion.
Angry Birds maker Rovio's profit hit by Hatch expansion
Angry Birds second-quarter operating profit fell 11.3 pc to 5.3 mn Euros (USD 5.94 mn) on sales that were flat at 71.8 million Euros.