Topics: Business

Reports: Citi group is in final talk to acquire Canary Wharf office building

Citigroup is in talks to buy the tower housing its European headquarters in London's Canary Wharf district, which is on the market with a...

Larsen & Toubro secures Rs 7,000 crore deals for major airport construction

One of India's largest multi-national construction firm, Larsen & Toubro also known as L&T has secured the deal worth Rs 7,000 crore for constructing...

Amazon will not pay the federal taxes for the second year in a row

The US-based e-commerce giant and one of the wealthiest company in the world by its market value, will not be paying taxes to the...

President Trump: Could extend the 1 March trade deadline with China

Asserting that the trade negotiations with China were going "extremely well", US President Donald Trump on February 15 said he would soon be meeting...

Economists say, Britain’s economy to make a moderate post-Brexit recovery if deal agreed

Britain's economy will barely grow in the run-up to Brexit amid concern the UK will leave the European Union without an agreement, but if...
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Apple Supplier Japan Display Inc to receive $723 million in a bailout from Chinese and Taiwanese investors group

Ailing Apple supplier Japan Display Inc will receive up to 80 billion yen ($723 million) in a bailout from a group of Chinese and...

Amazon to acquire WiFi device maker Eero for an undisclosed amount

In an aim expand the smart home gadgets business, A U.S. based e-commerce giant Amazon Inc is planning to acquire 'Eero' a wifi device...

ITC Limited plans to invest Rs 1,700 crore in West Bengal

FMCG major ITC Ltd. is proposing to make new investments of Rs. 1,700 crore in West Bengal in its various businesses, an official said...

Reports: The U.S. considers withdrawal of zero tariffs for India amid e-comm rules & data localisation row

India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid...

Anil Ambani’s Reliance communication files for insolvency

Reliance Communications has decided to opt for insolvency proceedings following its failure to sell assets for paying back its lenders, the Anil Ambani-led telecom...
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Amazon Inc jitters offset upbeat jobs data on Wall Street

Wall Street ended mixed on Friday, as optimism from a surge in January US job growth was offset by a weaker-than-expected outlook from Amazon.com...

Sony corp reports lower than expected profit in its business

Japan's Sony Corp reported lower-than-expected profit on Friday as its previously thriving gaming business sagged, though a one-off gain related to its acquisition of...

Honda Cars sales increased by 23 percent in January

Honda Cars India Ltd (HCIL) Friday reported a 23 percent increase in its domestic sales to 18,261 units in January. The company had sold 14,838...

Toyota Kirloskar Motor sales decline by 9 percent in January

Toyota Kirloskar Motor (TKM) on Friday reported a 9 percent decline in total vehicle sales in January to 12,067 units, compared with 13,239 units...

Government e-marketplace saw Rs 17,500 crore as a transaction in 2 years

Transactions worth Rs 17,500 crore have taken place through the public procurement online platform Government e-marketplace (GeM) in the last two years, resulting in...
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VECV sales declines by 13 percent at 5,906 units in January

VE Commercial Vehicles Ltd, a Volvo Group and Eicher Motors joint venture, Tuesday reported a 13.2 per cent decline in sales to 5,906 units...

AIIB is likely to invest $1.4 billion in Pakistan

According to the media report, A China-based Asian Infrastructure Investments Bank (AIIB) is planning to invest $1.4 billion in Pakistan's development projects. the Express Tribune...

Foxconn seeks Rs 1000 crore as GST refund from Government of India

A Taiwan based electronic manufacturing company, Foxconn on Tuesday, raised its concerns about the delays in getting the refund of Rs 1000 crore from...

Executive: Alibaba will continue to invest aggressively

Chinese e-commerce giant Alibaba Group Holding Ltd will continue to invest aggressively despite an uncertain business environment, a senior company executive said at a...

Paytm to expand its business in one or two more developed market.

Paytm an online payment company in India is reportedly planning to expand its business in one or more developed markets. While speaking at World Economic...
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Google, Facebook, and Microsoft spend big on U.S. lobbying in 2018

Alphabet Inc’s Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018,...

U.S. rejects China’s preparatory trade talks offer

The Trump administration has rejected an offer from China for preparatory trade talks this week ahead of high-level negotiations scheduled for next week, the...

RSS affiliate SJM demands robust e-commerce policy to protect small business owners from Flipkart and Amazon

The RSS affiliated SJM has passed a resolution demanding a robust e-commerce policy to protect the interests of small shopkeepers, as big online retailers...

Reports: The US to seek formal extradition on Huawei’s executive

The United States will proceed with the formal extradition from Canada of Huawei executive Meng Wanzhou, Canada's ambassador to the United States told the...

Microsoft India launches e-commerce portal for Telangana’s handloom weavers

In a bid to empower handloom weavers in Telangana, Microsoft India on Saturday announced the launch of a new e-commerce portal that will help...
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India’s new e-commerce policy to hit $46Bn in sales reduction by 2020

According to a draft analysis from PwC a global consultants firm, "the new restrictions and rules brought by the Indian government, Will affect the...

Foxconn cuts 50,000 contract jobs in China

Apple Inc's biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei...

Zomato partners with Paytm, Plans to reach 80 thousand restaurants and 11 cities by month end.

The online food delivery firm, Zomato on Thursday announced that it has partnered with an e-wallet company Paytm, to provide food ordering and delivery...

Uber to experiment with intra-city buses, quadricycles, electric scooters and auto-rickshaws in India

A U.S. based ride-hailing Uber Technologies may soon start intra-city buses, quadricycles, scooters and auto-rickshaws service in India. In an interview with Business Standard, Uber's...

Tata Motors Group sales declines by 14% in December 2018

Tata Motors on Friday reported 13.9 per cent decline in group global wholesales, including that of Jaguar Land Rover (JLR), at 1,00,551 units in...
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