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  Business   Companies  16 Oct 2018

Business, Companies, 16 Oct 2018

Walmart says USD 16 billion Flipkart deal to hit earnings

Walmart expects net sales growth to be about 5 per cent internationally in constant currency.

16 Oct 2018 7:22 PM

Infosys Q2 net profit up 10.3 pc to Rs 4,110 crore

In dollar terms, Infosys saw its net profit increase marginally to USD 581 million in September quarter.

16 Oct 2018 7:04 PM

RIL may acquire significant stakes in Hathway Cable, Den Networks

Hathway Cable and Den Networks informed bourses that their respective boards would meet on October 17.

16 Oct 2018 6:35 PM

Infosys says 'will comply' with arbitration award to pay ex-CFO Bansal

Company has received a legal advice and will comply with the award and make the necessary payments.

16 Oct 2018 4:58 PM

Amazon likely to buy 7-8 per cent stake in Future Retail: report

Amazon India and Future Retail did not immediately respond to requests seeking comment.

16 Oct 2018 4:19 PM


Gold prices turn soft on weak demand from local jewellers

Gold is trading at Rs 32,180 per 10 gram at bullion market owing to slackened demand from local jewellers.

16 Oct 2018 2:36 PM

BP criticises price controls, days after India cuts cost of fuel

BP has a tie-up with Reliance Industries, owner of the world’s biggest refining complex.

16 Oct 2018 10:28 AM

JSW Steel most likely winner for Bhushan Power

CoC may wait till October 22 when Tata Steel’s plea challenging re-bids will come up for hearing before NCLT.

16 Oct 2018 10:01 AM

BSNL staff go for money pooling, à la crowd-funding

The SSA management has reviewed the prevailing situations and explored all possibilities to get funds.

16 Oct 2018 9:54 AM

Dassault to deliver Rafale fighter jets to India from 2019: CEO

India signed a deal with Dassault in 2016 for the transfer of 36 Rafale jets but the deal has since faced criticism.

16 Oct 2018 8:42 AM


Amazon India say services boosting large appliance sales

The bulk of orders for goods such as washing machines and refrigerators came from India’s smaller towns and cities.

16 Oct 2018 8:37 AM

India Inc posts over 2 per cent negative growth in exports

Exports in September 2018 were $27.95 billion, as compared to $28.57 billion in September 2017.

16 Oct 2018 2:40 AM