Google will invest $550 million in China’s JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
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 is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to Amazon automated grocery shop.
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.
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 has threatened nationwide agitation if the government clears USD 16 billion Walmart-Flipkart deal.
Walmart believes Flipkart's "ecosystem" of businesses, including Myntra-Jabong and PhonePe could be a "true advantage" for the US-based retail giant.
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 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.
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.
U.P. Govt cancels Purvanchal Expressway bids
Co's Rs 1,740 Cr bid for expressway section cancelled
U.P. Govt to re-invite bids for expressway project
Settles Abraxane patent dispute with Celgene Corp
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