Firms/companies
Nandan Nilekani likely to make a comeback at Infosys
23 Aug 2017
A prominent investor advisory firm has suggested that Infosys must convince Nandan Nilekani to rejoin the board as its non-executive chairperson
Railway Board chairman Ashok Mittal takes moral responsibility for accidents, quits
23 Aug 2017
The chairman of the Railway Board Ashok Mittal has resigned, owning responsibility on moral grounds, following two major train accidents in quick succession in the last five days
Wal-Mart to offer voice-activated shopping
23 Aug 2017
Pfizer secures Indian patent for its pneumonia vaccine
23 Aug 2017
Pfizer's patent on the same vaccine was revoked by the European Patent Office last year, and is being challenged in the United States and South Korea
Johnson & Johnson ordered to pay record $417 mn in talcum powder case
22 Aug 2017
Echeverria who filed the law suit alleged that Johnson & Johnson failed to adequately warn consumers even as it was fully aware of the talcum powder’s potential cancer risks
BHP Billiton to exit loss-making US shale business
22 Aug 2017
The mining giant, which announced a 192 per cent increase in its net profit to $5.89 billion for the year ended 30 June and a 24 per cent rise in revenues to $38.29 billion, instead opted to reward investors with a three-fold hike in dividend to 43 cents a share and return $2.5 billion to its bondholders
Learn to walk away, senior Infosys official tells Narayana Murthy
22 Aug 2017
“Learn to walk away, as you had promised when handing the reins to Vishal [Sikka],” says an open letter to Infosys founder N R Narayana Murthy from Omkar Goswami, a former Infosys board member and currently a member of its business process outsourcing (BPO) unit
McDonald's exits 169 outlets in north and east
22 Aug 2017
Flipkart to ride eBay to markets in nearly 200 countries
22 Aug 2017
Flipkart will be able to tap over 170 million active customers of eBay globally under an exclusive agreement, which allows them to jointly pursue cross-border trade opportunities
Essar Oil completes $12.9 bn sale of India assets to Russia's Rosneft
21 Aug 2017
Essar Oil today announced the completion of the sale of its India assets, including a 20-million tonne oil refinery, 3,500 retail outlets, and the nearby Vadinar port, to a Rosneft-led consortium
Infosys announces buyback at Rs1,150
19 Aug 2017
McDonald’s stares at first strike in UK
19 Aug 2017
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India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation