Google to invest $550 million in Chinese e-commerce giant

Jun 18 2018

Google will invest $550 million in China’s, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including

Tesco's UK sales growth slows slightly

Jun 15 2018

Tesco said underlying sales in its home market rose in Q1, albeit at a slightly slower pace than before, partly reflecting adverse weather at the start of the period.

Microsoft takes aim at Amazon with push for checkout-free retail

Jun 14 2018

Microsoft is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to Amazon automated grocery shop.

MPs to question Sainsbury's and Asda CEOs over deal

Jun 13 2018

A British parliamentary committee will question the CEOs of Sainsbury’s and Asda ahead of their proposed combination, as scrutiny of the deal cranks up.

Fed up with rising costs, big US firms dig into healthcare

Jun 11 2018

At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual lengths to take control of the relentless increase in its U.S. healthcare costs.

CAIT threatens nationwide agitation over Walmart-Flipkart deal

Jun 10 2018

CAIT has threatened nationwide agitation if the government clears USD 16 billion Walmart-Flipkart deal.

Flipkart's ecosystem true advantage to Walmart: Official

Jun 10 2018

Walmart believes Flipkart's "ecosystem" of businesses, including Myntra-Jabong and PhonePe could be a "true advantage" for the US-based retail giant.

India Inc announces M&A deals worth USD 25 bn in May: Report

Jun 06 2018

Corporate India announced merger and acquisition deals worth USD 25 billion in May, significant jump over the same period last year thanks to the USD 16 billion Walmart-Flipkart deal, says a report.

Flipkart deal: Tax dept will act once Walmart obtains regulatory nod

Jun 03 2018

Flipkart has shared 'some details' with the I-T authorities on its USD 16 bn deal, but the tax department will act only after regulatory approvals have been obtained.

Ahead of Sainsbury's takeover, Asda says results on track

May 31 2018

Asda, UK supermarket arm of Walmart that is set to be acquired by Sainsbury’s, posted a 13% fall in profit, a performance which it said was in line with expectations.

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Stocks In News



U.P. Govt cancels Purvanchal Expressway bids

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U.P. Govt to re-invite bids for expressway project


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Partner Apotex may sell generic of Abraxane in U.S.


Telecom Department may clear Vodafone-Idea merger today



Dr. Reddys new drug hits legal hurdle

U.S. court issues restraint order following patent litigation over Suboxone

Company remains confident in its legal positions on this patent Court order does not include a prohibition on commercial manufacturing of the product

The court has scheduled an expedited hearing of the preliminary injunction for June 28 Ruling is expected soon thereafter


Board mulls reshuffle of top management

ICICI Prudential Life Chief Bakshi may be named ICICI bank interim

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