Tencent lost almost $20 bn from its market valueafter the Chinese internet giant missed quarterly revenue estimates and warned that planned investments may hurt margins.
Oil neared its highest in six weeks after a surprise decline in U.S. inventories and as concern persisted over possible disruption to Middle East supply.
There is no strong disagreement between the executive and the judiciary over appointment of judges, and any "difference of opinion" between the two is mutually settled.
Management at Skoda Auto hopes it can reach an agreement on wages and shift work with unions and has proposed an 8.3 percent hike in wage tariffs from April.
Apple has expanded its self-driving car programme rapidly and now has 45 autonomous vehicles registered with California's Department of Motor Vehicles.
The travel and tourism sectors together generated 25.9 million jobs in 2017, contributing $75.8 billion to the country's Gross Domestic Product (GDP) in the same year.
Gold prices rose as the dollar fell as investors await the outcome of Fed Reserve’s meeting this week, which could limit the demand for bullion going forward.
BlackBerry shares rose nearly 6% in premarket trading after company said it would partner with Microsoft to provide security for flagship Office apps used by businesses.
AP Moller-Maersksaid its chief financial officer has decided to leave the company after only 16 months in the role.
Micromax said it has invested in a consumer technology and AI based startup 'One Labs', which has developed chat bot like Apple's Siri and Google Assistant.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months