New PwC survey dispels myths about women and work...
5 Mar 2015 09:17
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
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
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
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
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
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
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
Tax problems lead to Nokia criticism of India as its "least favourable market"in which to operate.
26 Aug 2013 05:42
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
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
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
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
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
Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.
11 Mar 2013 07:32
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
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
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
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
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