industry

Sales through social media platforms account for over 79 per cent of the total online selling of goods and services in India, a PayPal report said.

UK takeover regulator to hold auction for Sky on Sept. 21 Sep 20 2018

Britain’s takeover regulator said on Thursday that the battle between Comcast (CMCSA.O) and Twenty-First Century Fox (FOXA.O) for Sky Plc (SKYB.L) would now go to an auction procedure.

Swiggy expands services in 8 new cities Sep 20 2018

Food delivery platform Swiggy said it has launched services in eight new cities as it strengthens presence across the country.

Moody's affirms Yes Bank's ratings; outlook stable Sep 20 2018

Moody's Investors Service affirmed the ratings of Yes Bank, a day after RBI curtailed term of the midsize private lender's promoter chief executive Rana Kapoor. The rating agency has also maintained the outlook on the ratings as stable.

Gold weakens on muted demand, global cues Sep 20 2018

Gold prices softened by Rs 10 to Rs 31,650 per 10 grams at the bullion market on weak demand from local jewellers amid subdued trend overseas.

Japan clothing magnate Maezawa chases spot in business firmament Sep 20 2018

Japanese fashion billionaire Yusaku Maezawa’s first meeting with role model and SoftBank Group Corp (9984.T) boss Masayoshi Son came in 2010 when they bathed together - a popular communal activity in Japan - on the 26th floor of the tech giant’s headquarters.

Two Samsung affiliates to sell Samsung C&T shares worth $867 million Sep 20 2018

Samsung Group affiliates said they had decided to sell their stakes in Samsung C&T Corp worth around a combined 971 billion won ($866.57 million).

China's iron ore demand has already peaked, Baosteel official says Sep 20 2018

China’s iron ore demand has already peaked and is expected to stay flat, an official of the country’s biggest listed steelmaker, Baoshan Iron & Steel Co, said.

French Connection's half-year loss narrows, but sales drop Sep 20 2018

French Connection Group’s cost-cutting drive (FCCN.L) helped reduce losses slightly in the first half of 2018, but sales dropped, interim results showed, underscoring the intense competition facing the FCUK brand owner