Dollar declines amid Trump comments

The US dollar went down on Friday amid President Donald Trump’s criticism about the Federal Reserve’s current monetary tightening. Trump told CNBC on Thursday that he was “not thrilled”... Read more »

Equity indices in green as government seen winning trust vote

The key Indian equity indices traded on a positive note on Friday afternoon riding on the Central government’s confidence of winning the trust vote in Parliament, analysts said. According... Read more »

Volkswagen group to increase capacity by 20,000 units

Expanding production capacity marginally, setting up a design centre, launching new models, increasing localisation levels, and having a regional celebrity as brand ambassador are among German automobile group Volkswagen’s... Read more »

For the first time Cloud-driven Microsoft crosses $100bn revenue

Riding on its growing Intelligent Cloud portfolio and early investments in Intelligent Edge, Microsoft has surpassed $100 billion in revenue for the first time in fiscal year 2018. For... Read more »

Bata India to add 150 retail, franchise stores this year

Footwear major Bata India, which is focusing on “aggressive launch” of new products, plans to add around 100 new retail stores and 50 franchises across the country in the... Read more »

Bajaj Auto’s Q1 standalone net profit up 21%

Two and three-wheeler manufacturer Bajaj Auto on Friday reported a rise of 21 per cent in its standalone net profit for the first quarter of 2018-19. According to the... Read more »

Indices trade flat; weak rupee, political concerns cap gains

Indian equity indices traded on a flat note during the afternoon session after opening higher on Thursday. According to market observers, a weak rupee along with domestic political uncertainty... Read more »

Vivo NEX with pop-up selfie camera, 8GB RAM now in India

Upping the ante when it comes to innovation, Chinese smartphone maker Vivo on Thursday launched its Indian-made NEX smartphone with pop-up selfie shooter at Rs 44,990 in India. The... Read more »

Kotak Mahindra Bank’s standalone Q1 net profit up 12%

Kotak Mahindra Bank on Thursday reported a rise of more than 12 per cent in its standalone net profit for the first quarter of 2018-19. According to the company,... Read more »

Samsung ships 9.9million smartphones in India

Samsung shipped 9.9 million smartphones in India in the second quarter of 2018, registering almost 50 per cent annual growth rate — its best since the fourth quarter of... Read more »