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Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

Hyundai reports 1.6 per cent decline in February sales

Domestic sales were at 43,110 units as against 44,505 units in the year-ago month, down 3.1 per cent.

2 March 2019 4:19 PM IST

$Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.$ Business

Vedanta says it loses 50 million rupees daily due to smelter shutdown

Vedanta Chairman Agarwal said the company could face a loss of USD 100 million if the plant remained shut for a year.

1 March 2019 10:49 AM IST

Microsoft President Brad Smith pushed for urgency in regulating facial-recognition technology, while adding that tech companies should self regulate too. (Photo:AP)

Business

Microsoft tops USD 1 trillion as it predicts more cloud growth

Microsoft's earnings per share of USD 1.14 beat expectations of USD 1, according to IBES data from Refinitiv.

25 April 2019 9:49 AM IST

During January to March quarter this year, the net profit increased marginally to Rs 53.26 crore from Rs 53.16 crore in the last quarter of the previous year. (Photo: ANI)

Business

Tata Global Beverages reports decline in profit to Rs 411 crore in FY...

The revenue, however, moved up to Rs 3,430 crore in 2018-19 as against Rs 3,217 crore in FY 18.

24 April 2019 1:54 PM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Business

Adding to Ghosn woes, Nissan set to further slash profit outlook:...

The automaker is scheduled to announce its full-year earnings results on May 14.

24 April 2019 11:18 AM IST

TikTok has more than 500 million users worldwide, a large number of whom are children.

Business

China's Bytedance says India TikTok ban causing USD 5,00,000 daily...

Banning has had adverse impact on the user base of this app, losing close to 1 million new users per day.

23 April 2019 3:55 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Business

Jet Airways shares halt three-day slide; zoom 13 per cent

The scrip, after a positive opening, jumped 11.57 per cent to Rs 172.50 on the BSE.

23 April 2019 12:40 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Business

Further tailspin for Jet Airways, shares tank over 23 per cent

Jet Airways running into debt of more than Rs 8,500 crore.

22 April 2019 2:51 PM IST

Technology

Huawei first-quarter revenue grows 39 percent to USD 27 billion

The limited results announcement comes at a time when Washington has intensified a campaign against unlisted Huawei.

22 April 2019 12:13 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

Business

HDFC Bank fourth-quarter profit up 22.6 per cent to record high

The bank also said its board had approved raising up to 500 billion rupees by issuing debt over the next 12 months.

22 April 2019 8:35 AM IST

Accutime, a leading integrated transportation service provider, is betting big on the prospects of LTL (less than truck load) and distribution logistics services business in India.

Business

How logistics sector can be a key differentiator of success for modern...

The sector is estimated to grow from the current USD 160 Billion to USD 215 Billion by 2020.

20 April 2019 8:45 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Business

Telcos' revenue may grow 7 pc, network capex capped at Rs 90,000 cr in...

According to Trai's latest data, gross revenue and adjusted gross revenue of the telecom service providers have been on...

17 April 2019 9:02 AM IST