Abu Dhabi's International Petroleum Investment Co (IPIC) said in a statement on Wednesday it had filed a lawsuit against U.S. investment bank Goldman Sachs and others to recover losses incurred due to the Malaysian state fund 1MDB.
Incubated at IIT-Madras, AirOK has developed Vistar 550, a smart air purifier that uses patent-pending technology and has found application in the healthcare, real estate, hospitality, and IT sectors....
Foot Locker Inc shares surged 15.9 percent after the footwear retailer posted its first gain in same store sales in six quarters that also trumped expectations. Shares of Nike Inc, a Foot Locker supplier, rose 1.3 percent. Both, Foot Locker and Gap helped boost the S&P consumer discretionary index,
Europe's biggest low cost airline Ryanair is not seeing any impact from Brexit on demand for flights, and is prepared for a no-deal, chief marketing officer Kenny Jacobs said. Ryanair was not interested in buying British regional airline Flybe, which put itself up for sale last week, he added in
Deere & Co gave an underwhelming earnings forecast on Wednesday for fiscal 2019 after missing quarterly profit estimates amid a U.S. trade battle with China that has depressed U.S. farm commodity prices and hurt agriculture equipment demand. Equipment sales for the world's largest tractor manufacturer
The BJP is re-enacting the UP template in Rajasthan which is sad and unfortunate, says Sachin Pilot.
NPAs across the Mudra loan portfolio stood at 5.38 percent as of March 2018, shows the agency’s annual report.
Thyssenkrupp's 2019 forecast for a marked recovery at most of its divisions drew a tepid market response, suggesting its new CEO faces a struggle to restore trust in the German industrials group after warning on profit twice this year. Guido Kerkhoff, who took over in September, hopes to win back
Oil bounced above $63 a barrel on Wednesday to claw back some of the previous day's 6 percent plunge, lifted by a report of an unexpected decline in U.S. crude inventories. The American Petroleum Institute (API) said on Tuesday that U.S. crude stocks last week fell by 1.5 million barrels, easing
Iran on Wednesday praised European efforts to maintain business with Tehran despite U.S. sanctions, citing "constructive meetings" with British and French officials in Tehran this week on setting up a way to conduct non-dollar trade. Iranian Foreign Ministry officials voiced more hope for
Patanjali's consumer goods business, which is the backbone of Patanjali's overall empire, saw a decline of over 10 per cent in revenue at Rs 8,148 crore in FY18 as compared to FY17.
The Making Of Lynchistan: Inside India's Deadly 'Gau Raksha' Network | Documentary By The Quint
U.S. President Donald Trump praised Saudi Arabia for helping to lower oil prices on Wednesday as pressure intensified to impose tougher sanctions on the Middle East ally following the murder of dissident Saudi journalist Jamal Khashoggi. In a tweet, Trump thanked Riyadh for the recent drop in oil prices
Amidst growing pressure from the Indian government, Facebook-owned messaging service WhatsApp has appointed Abhijit Bose as its first-ever India head. Bose, who is the co-founder and chief executive officer of Ezetap, will join WhatsApp in early 2019. According to an official statement, "Bose will
New Delhi, Nov 21 (IANS) India's satellite communications (satcom) policy needs to be revised with the arrival of 5G connectivity and Internet of Things (IoT), said the Secretary for Department of Telecommunications (DoT) Aruna Sundararajan on Wednesday. Speaking at the "India SatCom 2018"
Mumbai, Nov 21 (IANS) India's benchmark indices fell for a second straight day on Wednesday, tailing global peers and led by a slump in software exporters. However, a fall in international crude oil price ...
The Taiwan-based producer said in a statement it was conducting a regular annual review to budget effectively for 2019, but it was also the latest to point to concerns over demand for Apple's flagship devices. Shares in Apple, at the heart of this week's brutal sell-off on Wall Street, were
Closure of ATMs will impact thousands of jobs and the financial inclusion efforts, says the industry body.
Kumar Mangalam Birla flagged concerns about severe liquidity crunch in the telecom sector and high spectrum payments.
Mumbai, Nov 21 (IANS) Automobile major Maruti Suzuki India on Wednesday launched the next generation of its multi-utility vehicle 'next gen Ertiga'. According to the company, the new vehicle's petrol powered ...