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Mercedes to create 2,500 jobs at new 1 billion euro Hungary plant

The site currently employs more than 4,000 workers and produced more than 180,000 cars in 2015.

29 July 2016 3:33 PM IST

PSBs strike may affect transactions worth Rs 15,000 croreBusiness
PSBs strike may affect transactions worth Rs 15,000 crore

PSBs are already less profitable and have relatively higher ratios of non-performing assets compared to private sector...

29 July 2016 2:36 PM IST

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Delhi High Court asks SpiceJet, Maran to resolve dispute by...

The order came on Maran and his airline's plea for issuing them stock warrants in SpiceJet as per a sale purchase...

29 July 2016 2:20 PM IST

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FDI inflows jump 53 per cent in last two years: Arun Jaitley

The government has taken various steps in the last two years to attract foreign and domestic investors.

29 July 2016 1:21 PM IST

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RBI to keep rates unchanged in Aug 9 policy: ICRA

The policy rates are likely to be determined by MPC based on inflation targets notified by the government

29 July 2016 12:51 PM IST

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Barclays says core profit before tax rose 19 per cent

Barclays plc says core pre tax profit rose to 2.4 billion pounds ($3.2 billion) in the second quarter.

29 July 2016 12:24 PM IST

The Google segment nonetheless produced almost all the revenues -- $21.3 billion -- and operating profit of $6.9 billion.Business
Alphabet,Google revenues up advertising, boosts profits

Revenue increased 21 percent to $21.5 billion, the California tech giant said, in results that topped most analyst...

29 July 2016 9:57 AM IST

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Tata to deposit $1.2 billion DoCoMo arbitration award with Delhi court

The Delhi high court has given the companies until August 30 to resolve the issue.

29 July 2016 9:50 AM IST

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Service tax dept to re-auction Mallya's jet on August 18

The earlier attempt at its auction had received a bid of Rs 1.09 crore as against the then reserve price of Rs 152...

29 July 2016 9:45 AM IST

Microsoft making additional 2,850 job cuts in phone businessBusiness
Microsoft making additional 2,850 job cuts in phone business

A spokeswoman says the layoffs will mostly affect workers in the company's smartphone hardware operation and related...

29 July 2016 9:39 AM IST

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Amazon's already large distribution empire keeps expanding

Amazon spent $3.88 billion on its distribution network, or what it calls "fulfillment," up 35 percent from the prior...

29 July 2016 9:36 AM IST

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Trai seeks views on ombudsman

Sectoral regulator Trai on Thursday will issue a consultation paper on consumer grievance redressal mechanism in the...

29 July 2016 1:05 AM IST

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