HSBC Holdings’ private banking unit to close in India November 28, 2015 06:54
As a part of group strategy, HSBC Holdings is in the edge of closing its private banking unit in India. This marks the exit of another foreign bank from the wealth management business in India,…
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Ola appoints Infosys’ CEO advisor as Chief Financial Officer November 27, 2015 13:22
Ola, an App-based cab operator, has named Rajiv Bansal, advisor to Infosys’ CEO, as Chief Financial Officer. From January 2016, Mr. Bansal will join the start-up. He resigned from Infosys. He will be a part…
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Largest ever deal in healthcare of over $150 billion set by Pfizer November 23, 2015 08:08
On Sunday, a formal board approval came from Pfizer to acquire Botox maker Allergan in a deal more than $150 billion, which is largest ever in the healthcare sector. The deal that would be announced…
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Resurgent Rajasthan-2015 draws Rs 3.3 lakh crores, 2.5 lakh jobs November 20, 2015 07:25
Rajasthan Chief Minister Vasundhara Raje seemed quite happy to announce Resurgent Rajasthan-2015 has drawn Rs 3.3 lakh crores with 2.5 lakh jobs on cards. Resurgent Rajasthan-2015 managed to sign 295 MoUs with potential to generate…
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Infosys announces completion of Noah Consulting acquisition November 19, 2015 12:41
Infosys, the second-largest software services company of India, has announced the completion of Noah Consulting acquisition. Noah is a US-based oil and gas consulting company. Previous month, he acquisition of Noah Consulting was announced by…
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First time in Indian operation Apple crosses sale mark of $1billion November 19, 2015 05:14
For the first time in Indian operations, Apple crossed the sale mark of $1-billion in the year ended March, as per the results filled on Wednesday with the Registrar of Companies (RoC). The company posted…
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Coca-Cola President Visits India For Short Trip To Survey Market November 09, 2015 04:36
The Coca-Cola Company's President and Chief Operating Officer James Quincey is beginning his visit to India on Monday as a part of the survey to few key markets of Coke across the world. The short…
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Google Bids Adieu To Great Online Shopping Festival November 04, 2015 12:16
Google announced about the discontinuation of annual Great Online Shopping Festival (GOSF) due to rising popularity of e-commerce sites like Amazon, Snapdeal and Flipkart, hosting self versions of Diwali sales. Google’s GOSF was an answer…
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India Tops Again In Nielsen Consumer Confidence Index, Beating US November 04, 2015 06:21
India has again topped in the Nielsen Consumer Confidence Index that is a quarterly ranking of 60 markets. The US posted big leap and confidence levels rise in two of the three parts of the…
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Volkswagen’s New Chief Apologizes Over Emissions-Cheating Scandal October 28, 2015 08:21
Volkswagen’s new chief executive Herbert Diess has apologized on Wednesday at the Tokyo auto show for emissions-cheating scandal. He promised to win customer trust back and said about plan to delay its diesel vehicle launch…
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Glenmark, Celon sign deal for generic Seretide Accuhaler in Europe October 24, 2015 06:02
Glenmark Pharmaceuticals has signed a strategic development and licensing agreement with Celon Pharma, a Poland-based company, for the development and marketing of its generic version of Seretide Accuhaler in Europe targeting the treatment of lung…
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Government To Create Buffer Stock For Pulses Using Imports October 15, 2015 13:02
The Modi Government has announced that it will create buffer stock for pulses using imports, in the wake of pulses shooting up to Rs 190 per kg. The price situation was reviewed by a high-powered…
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