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Female millennials are the most confident and ambitious of any female generation

New PwC survey dispels myths about women and work...

5 Mar 2015 09:17


India says it will not appeal Vodafone tax ruling

NEW DELHI, INDIA: India's government will not appeal a court verdict favouring British mobile giant Vodafone in a multimillion-dollar tax suit, in a move aimed at winning back investor confidence...

30 Jan 2015 11:54


Smartphone makers seek growth in India

NEW DELHI, INDIA: Smartphone manufacturers are in a race to capture the bottom of India's economic pyramid as they battle for customers in the fast-growing low-end market where analysts say opportunities are vast.

8 Sep 2014 09:21


India's Bharti makes $184m in three months

NEW DELHI, INDIA: India's top mobile phone firm, Bharti Airtel, reported almost 61% increase in profits - compared with last year - helped by less competition and a wider customer base.

31 Jul 2014 11:49


India's Flipkart takes on Amazon with a $1bn warchest

MUMBAI, INDIA: India's top e-commerce company Flipkart said it had raised $1bn (60bn rupees) in funds as it battles US company Amazon for supremacy in the hyper-competitive local online buying market.

30 Jul 2014 08:21


Tata Motors' profit triples on JLR sales

NEW DELHI, INDIA: Tata Motors, India's top vehicle group, on Monday (10 February) reported a tripling of quarterly net profit in a sterling performance by British luxury brand Jaguar Land Rover (JLR), which offset dismal domestic sales.

11 Feb 2014 07:42


Top India Bitcoin operator halts trade after bank warning

NEW DELHI, INDIA: India's biggest Bitcoin trading platform said on its website Friday it had suspended operations after the central bank warned against the risks of using virtual money.

30 Dec 2013 09:28


India car sales post steepest drop in decade

NEW DELHI, INDIA: India's car sales fell nearly five percent year-on-year in the first half of the financial year due to the weak economy. This is the steepest drop in a decade, according to data released on Tuesday (8 October).

9 Oct 2013 07:38


Nokia says India 'least favourite market': report

Tax problems lead to Nokia criticism of India as its "least favourable market"in which to operate.

26 Aug 2013 05:42


Tata rebrands 'world's cheapest car' to boost sales

MUMBAI, INDIA: India's top vehicle manufacturer Tata Motors says it plans to reposition the Nano as a "smart city car" after its marketing pitch as the world's cheapest vehicle resulted in disappointing sales.

22 Aug 2013 12:42


India's car sales drop 12% in May

NEW DELHI, INDIA: Car sales in India slid by over 12% in May, data showed Tuesday (11 June), marking an unprecedented seventh month of decline as an industry body warned that layoffs now loomed in the once-booming sector.

12 Jun 2013 08:49


Nokia sued in India for unpaid taxes

NEW DELHI, INDIA: Struggling Finnish phone company Nokia said last week the Indian tax officials had demanded the company pay taxes worth US$363m, but a court order has prevent the payment.

2 Apr 2013 06:58


1,7m applicants for 1,500 jobs

MUMBAI, INDIA: India's largest state-run bank has received 1.7m applications for just 1,500 entry-level clerical jobs and has promised to examine all of them, a report said on Tuesday (12 March).

13 Mar 2013 08:02


Car sales slump in India

NEW DELHI, INDIA: Car sales in India's once-booming passenger market plunged nearly 26% last month on an annual basis, their worst performance in 12 years, industry figures showed on Monday (11 March).

12 Mar 2013 07:19


Bigger is better says motor industry

Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.

11 Mar 2013 07:32


Nokia claims tax raid was excessive

MUMBAI, INDIA: Finnish phone giant Nokia said on Tuesday (12 February) it had protested to the Indian government over a tax raid at one of its factories in South India, slamming the action as "excessive and unacceptable".

13 Feb 2013 10:26


Jaguar Land Rover raises US$500m

MUMBAI, INDIA: British luxury car company Jaguar Land Rover, owned by India's Tata Motors, said on Tuesday (29 January) it raised US$500m through a bond issue to fund operating costs and growth plans

31 Jan 2013 12:05


Kingfisher Airline loses licence

MUMBAI, INDIA: India's troubled Kingfisher Airlines has lost its permit to fly after a deadline to renew its suspended licence expired, the national aviation regulator said on Tuesday (1 January).

2 Jan 2013 10:40


Anti-retroviral contract boost Cipla Medpro

With the R1,4bn contract to supply the state with antiretroviral (ARV) drugs, Cipla Medpro SA has found a remedy for its struggling manufacturing division - at least for the next two years.

16 Dec 2012 11:20


United Spirits shares up 27% after Diageo deal

MUMBAI, INDIA: Shares of India's United Spirits soared by nearly 30% on Monday (12 November) after British drinks giant Diageo announced a £1.3bn deal to buy a majority stake in the firm.

13 Nov 2012 06:41

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