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Automobile companies see mixed results in Q4 on BS-III impact
Mon, May 22, 2017
While passenger car companies post positive post growing in profits in Q4, two-wheelers see headwinds that resulted in poor results.
India Inc's March M&A deal tally jumps 4-fold to $ 28 billion
Thu, Apr 13, 2017
India Inc's M&A deal tally in March rose four-fold to $ 27.82 billion, led by the Vodafone-Idea merger, taking the overall figure to $ 31.54 billion in the first quarter of 2017, says a report.
India's GDP growth to slow to 6.7% in fourth quarter of FY17: Nomura
Wed, Mar 22, 2017
Nomura has projected India's gross domestic product (GDP) to slow to 6.7% in the January to March quarter of fiscal year 2016-17 (FY17).
LatestOne.com's parent firm Palred Technologies raises Rs 22 crore from Florintree, others
Tue, Mar 14, 2017
Palred Technologies latest fund proceeds will be used for accelerating its growth through investments in additional fulfillment centers, brand building, inventory, building B2B channels and developing the managed market place further.
China's imports surge almost 40% year-on-year in February on higher commodity prices, strong domestic demand
Wed, Mar 08, 2017
China's imports have surged almost 40% in February this year fuelled by higher commodity prices and strong domestic demand which bolstered hopes that the world`s number two economy is getting back on track.
Indian smartphone market grew 5.2% in 2016: IDC
Mon, Feb 13, 2017
International Data Corporation on Monday said that India recorded a marginal 5.2% annual growth in smartphone market in 2016.
Reckitt Benckiser to buy Mead Johnson Nutrition for $16.6 billion
Fri, Feb 10, 2017
Reckitt Benckiser has agreed to buy US baby formula maker Mead Johnson Nutrition for $16.6 billion which will help the company to increase its presence in developing markets
Twitter reports slowest quarterly revenue growth, shares slump
Thu, Feb 09, 2017
Microblogging website Twitter has reported slowest quarterly revenue growth for the fourth quarter ended on December 31, 2016.
Apple beats Xiaomi in China, Oppo leads smartphone market in fourth quarter of 2016
Tue, Feb 07, 2017
Apple has beaten up Xiaomi in the number of smartphones shipped into China for the fourth quarter of 2016.
China services sector extends strong growth in January but pace eases: Caixin PMI
Mon, Feb 06, 2017
China's services PMI has declined marginally to 53.1 in January on a seasonally adjusted basis from 53.4 in December, showed the Markit/Caixin services purchashing managers' index (PMI).
BSNL introduces 'Unlimited Voice Call' offer for prepaid users in Karnataka at Rs 144
Mon, Jan 30, 2017
If you are in Karnataka, you can enjoy free unlimited local and STD voice calls for first 30 days with BSNL's new offer.
Ford sees lower 2017 profits, takes hit from pensions, Mexico
Thu, Jan 26, 2017
Ford Motor Co has reported a loss of $783 million in the fourth quarter of 2016.
Wipro buying Brazilian IT firm InfoServer for $8.7 million
Wed, Jan 25, 2017
Wipro is planning to buy Brazilian IT services provider InfoServer for $8.7 million.
India's current account deficit likely to be 1.3% of GDP in 2017: Nomura
Mon, Jan 16, 2017
India's current account deficit (CAD) is expected to be around 1.3% of GDP in 2017 as against a deficit of 0.8% in 2016, says a report.
Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII
Fri, Jan 13, 2017
Terming demonetisation as a right long-term decision despite short-term "disruptions", CII President Naushad Forbes has said consumer demand is expected to return to full normalcy in April-June quarter after seeing a 20% fall in the 50-day period after the note ban.
India to see lower GDP growth for two quarters on cash crunch: HSBC
Thu, Jan 12, 2017
India's GDP growth numbers are expected to see a decline of 2% in the third and fourth quarters of the current fiscal, as effective currency in circulation has contracted significantly, says an HSBC report.
Note Ban Impact: Corporate earnings to dip to 4% in third quarter
Tue, Jan 10, 2017
After recording an average revenue growth of 6.3% for three consecutive quarters, corporate earnings for key sectors will likely dip to 4% for the October-December period of 2016-17, owing to the Government's demonetisation drive, said a Crisil report.
Demonetisation: Residential property sales in Mumbai region fall over 50%
Tue, Jan 10, 2017
Residential and office segment of Mumbai Metropolitan Region (MMR) have recorded worst fall in the second half (H2) of 2016 on the back of the government's demonetisation drive and other economic events resulting in fall in sales volume and new launches in the fourth quarter (Q4) of last year, sa
Demonetisation: Residential market witnesses worst fall in H2 2016, says Knight Frank India
Tue, Jan 10, 2017
Residential market has witnessed a decline in the second half (H2) of 2016 on the back of the government's demonetisation move resulting in fall in sales volume and new launches in the fourth quarter (Q4) of 2016, said a latest report by Knight Frank India.
Interest rate on small savings schemes unchanged for January-March
Mon, Jan 02, 2017
Government has kept interest rates on small savings schemes like PPF and Kisan Vikas Patra unchanged for the January-March quarter even as banks have started lowering their deposit rates.