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China's Xiaomi boosts shares with USD 1.5 billion buyback plan

Xiaomi’s market share in China declined by a fifth in the April-June quarter

03 Sep 2019 10:30 AM

Indiabulls Housing Finance shares drop 8 pc on Nifty replacement

Nestle India will replace Indiabulls Housing Finance in the benchmark Nifty 50 index from September 27.

29 Aug 2019 1:16 PM

Infosys closes Rs 8,260 cr buyback offer, takes back 11.05 cr shares

The company bought back 11,05,19,266 equity shares at an average price of Rs 747.38 per equity share.

27 Aug 2019 9:43 AM

Amazon to buy 49 per cent stake in Future Retail promoter firm

Amazon will make an equity investment in a promoter group firm Future Coupons for a 49 per cent stake.

23 Aug 2019 12:42 PM

United Bank of India targets Rs 1,000 cr net profit in FY20

The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottomline of Rs 95 crore.

19 Aug 2019 9:36 AM

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Govt relaxes norms for shares with differential voting rights; to boost start-ups

According to the ministry, the initiatives have been taken in response to requests from innovative technology companies and startups.

17 Aug 2019 10:48 AM

SBI proposes to dilute stake in credit card business

The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited.

14 Aug 2019 3:58 PM

RCom Q1 loss widens to Rs 366 crore

Total income of RCom during the reported period declined to Rs 866 crore from Rs 1,008 crore a year ago.

10 Aug 2019 1:01 PM

Uber loses USD 5 billion, misses Wall Street targets despite easing price war

The company’s core business, ride-hailing, grew revenue only 2 per cent to USD 2.3 billion.

09 Aug 2019 9:27 AM

Angry Birds maker Rovio's profit hit by Hatch expansion

Angry Birds second-quarter operating profit fell 11.3 pc to 5.3 mn Euros (USD 5.94 mn) on sales that were flat at 71.8 million Euros.

08 Aug 2019 1:24 PM

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Emami Q1 profit up 48 per cent to Rs 39 crore

The company had reported a profit of Rs 26.46 crore in April-June a year ago.

08 Aug 2019 1:22 PM

Jeff Bezos sells Amazon stock worth USD 2.8 billion last week

Bezos had previously said he plans to sell stock worth about USD 1 bn each year to fund his rocket company, Blue Origin.

06 Aug 2019 9:40 AM

Coffee Day board not to take up results for June quarter next week

The development comes in the backdrop of the company's chairman and managing director V G Siddhartha was found dead.

03 Aug 2019 11:16 AM

ArcelorMittal reports USD 0.447 billion net loss for June quarter

The company said its gross debt was at USD 13.8 billion as of June-end this year.

01 Aug 2019 1:04 PM

Coffee Day Enterprises shares tank another 10 pc; hit lowest trading for 3rd day

In three days, the shares have fallen by over 42 per cent on the BSE, eroding Rs 1,723.16 crore from its market valuation.

01 Aug 2019 12:50 PM

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Amazon in talks to buy stake in India's Reliance Retail: Report

Amazon was planning a foray into the burgeoning online food delivery business in India this year.

01 Aug 2019 12:02 PM

eBay buys 5.5 per cent stake in Paytm Mall for USD 160 million

With this round, Paytm Mall has raised about USD 805 million in total funding across three rounds.

01 Aug 2019 10:50 AM

Apple bounces back in India, logs double-digit growth in Q3

Apple clocked 1 per cent year-on-year growth in revenue at USD 53.8 billion for the quarter ended June.

01 Aug 2019 10:06 AM

IOC net drops 47 per cent on lower refinery margins

IOC reported a consolidated net profit of Rs 3,737.50 crore, or Rs 4.07 per share in April-June quarter this year.

31 Jul 2019 3:58 PM

Coffee Day Enterprises shares further plummet 20 per cent

The scrip tumbled 20 pc to Rs 123.25 -- its 52-week low level as well as its lowest trading permissible limit for the day on the BSE.

31 Jul 2019 11:46 AM

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