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Latest News:

Qualcomm, Investment, Start-ups, Digital India

Apple files $1 bn lawsuit against chip supplier Qualcomm

Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the US government accused the chip maker of resorting to anti-competitive tactics to maintain a monopoly over key semiconductors in mobile phones.

Qualcomm is a ... Read More

tata communication

Tata Communications Netherlands invests in Teleena; holds 35% stake

New Delhi: Tata Communications today said Tata Communications (Netherlands) has made an investment in the Netherlands-headquartered Teleena Holding, becoming the single largest shareholder in the company with 35 per cent stake.

Tata Communications (N... Read More

Force Motors, financial results

Force Motors Q3 net declines 15% to Rs 23 cr

New Delhi: Commercial vehicles maker Force Motors today reported 14.86 per cent decline in standalone net profit at Rs 23.25 crore for the third quarter ended December 31, 2016. The company had posted standalone net profit of Rs 27... Read More

Pakistan Stock Exchange, PSX

China acquires strategic 40% stake in Pakistan Stock Exchange

Karachi: A consortium led by Chinese firms has signed a strategic agreement to acquire 40 per cent equity of Pakistan Stock Exchange for USD 85 million, in a move aimed at mobilising funds for the USD 46-billion CPEC project and facilitating China's ... Read More

Unichem Labs

Unichem Labs’ Q3 net profit up 26% at Rs 26 cr

New Delhi: Drug firm Unichem Laboratories today reported a 26.33 per cent rise in standalone net profit to Rs. 26.10 crore for the quarter ended December 31, mainly on account of robust sales.

The company had posted a net profit of Rs. 20... Read More

ultratech cement, Financial results announced

UtraTech Cement’s Q3 net profit up 5% at 594 cr

New Delhi: UltraTech Cement today reported a 4.7 per cent rise in consolidated net profit at Rs 593.9 crore for the quarter ended December 31, on lower expenses.

The Aditya Birla Group firm's consolidated net profit stood at Rs 566... Read More

Kalpataru Power

Kalpataru Power bags ₹825-crore worth order

Mumbai: Kalpataru Power Transmission on Friday said it has bagged orders exceeding ₹825 crore.

These include orders worth ₹440 crore for transmission lines and substations in Africa and the CIS region and ₹277 crore for pipeline projects from India... Read More

Indian Railways

Railways seeks gross budgetary support of Rs 50,000 cr

New Delhi: The Ministry of Railways has sought Gross Budgetary Support (GBS) of Rs 50,000 crore for 2017-18, though the Finance Ministry is likely to agree for only Rs 40,000-45,000 crore, a senior government official said.

"They (Railways) have soug... Read More

Flipkart-s[1]

National Payment Corporation asks Flipkart to follow Unified Payment Interface norms

Mumbai: A day after asking ICICI Bank to give access to Flipkart's e-wallet PhonePe, the RBI-promoted National Payment Corporation (NPCI) did a volte-face today and said it is Flipkart's e-wallet that is in contravention of the interoperability norms... Read More

Railway, ticket booking, Point-of-Sale machines

Customers can cancel rail tickets booked through Point-Of-Sale machines

New Delhi: The Railway Ministry today spelt out the procedure for cancelling tickets booked through Point of Sale (PoS) machines as it prepares to install 10,000 of them across ticket reservation counters in a bid to encourage cashless transactions f... Read More

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