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  • Walmart to open 10 cash and carry stores in Karnataka | The Financial Express
    women owned businesses According to him the company has created a global goal to double the current sourcing from women owned business in the next five years Also he said the company aims to promote diversity and inclusion in the existing supplier mix from both merchandise as well as professional services and to empower nearly one million women globally We are incorporating these three goals in our agenda of India he added First Published on February 6 2016 3 13 pm Tags Walmart Please Wait while comments are loading More on this story Walmart may sell Patanjali products WalMart merges tech teams to better connect online and stores WalMart closing stores shuts 269 pulls plug on smallest format Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real

    Original URL path: http://www.financialexpress.com/article/industry/companies/walmart-to-open-10-cash-and-carry-stores-in-karnataka/208185/ (2016-02-07)
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  • Company News:Industry News,Latest Industry News,Industry News Update,Companies News Stock Market | - Page 2The Financial Express | Page 2
    Assocham IANS February 5 2016 8 11 PM E commerce is likely to generate during 2016 nearly 2 5 lakh jobs in India s online retail including temporary employees supply chain logistics and ancillary units an apex trade association has said Aamir Khan loses Snapdeal contract PTI February 5 2016 7 20 PM Snapdeal has decided not to renew its contract with Aamir Khan as its brand ambassador within months of the Bollywood actor s comments on perceived intolerance in the country that made him and the e commerce giant target of severe criticism YES Bank to set up 1 000 water purifiers at Indian Railway stations FE Online February 5 2016 7 34 PM In the first phase of the project the Bank will set up 100 such systems across D and E category railway stations in the Konkan belt and other locations in Maharashtra by March 2016 Lupin Q3 net profit dips 12 per cent to Rs 530 crore PTI February 5 2016 4 25 PM Drug major Lupin today reported 11 92 per cent decline in consolidated net profit to Rs 529 75 crore for the third quarter ended December 31 hit by weak sales in the US BSE Institute announces launch of new zone for startups FE Online February 5 2016 4 09 PM In line with Prime Minister Narendra Modi s startup India mission the BSE Institute Ltd a wholly owned subsidiary of BSE Ltd launched a new accelerator for startups Zone Startups India Toshiba closes at more than 36 year low as Tokyo shares fall AFP February 5 2016 3 56 PM The company s gaping shortfall was announced after markets closed on Thursday and the firm s stock plummeted more than 11 percent to 176 3 yen today its lowest close since late 1979 Jet Airways suspends 5 cabin crew over Sonu Nigam s concert on flight PTI February 5 2016 7 34 PM Action has been initiated against the crew members since allowing a passenger to use the public address system on board a flight amounts to violation of safety norms the sources said US court to rehear Rajat Gupta s appeal against conviction PTI February 5 2016 11 40 AM The US Second Circuit Court of Appeals in Manhattan yesterday agreed to revisit its rejection of 67 year old Gupta s appeal BigBasket plans to up revenue 10 fold Prabhu Mallikarjunan February 5 2016 1 59 AM Online grocer BigBasket s net losses trebled to Rs 60 crore in the year to March 2015 while revenues more than doubled to Rs 170 crore In FY14 the e tailer which follows an inventory led model had posted a loss of Rs 21 60 crore on the back of revenues of Rs 70 crore according to the filings with the Registrar of Companies Jabong loss narrows revenue slows on marketplace model Avanish Tiwary and Hita Gupta February 5 2016 10 55 AM Fashion e tailer Jabong which is transforming itself from an inventory

    Original URL path: http://www.financialexpress.com/section/industry/companies/page/2/ (2016-02-07)
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  • Company News:Industry News,Latest Industry News,Industry News Update,Companies News Stock Market | - Page 3The Financial Express | Page 3
    IT exports to grow at slower pace of 10 12 in FY17 Nasscom FE Bureau February 4 2016 5 29 PM Indian software and services companies are likely to see their revenue from exports to grow by 10 12 to 119 121 billion during the next fiscal year that begins April 1 industry body Nasscom forecast on Thursday Bajaj Auto Q3 net up 4 67 per cent at over Rs 901 cr PTI February 4 2016 2 20 PM The company had posted net profit of Rs 861 24 crore in the October December quarter of the previous fiscal Essar sells business park in Mumbai for Rs 2 400 cr PTI February 4 2016 9 19 AM Essar may use some of the proceeds to pare its debt which stands at about Rs 80 000 crore Moody s downgrades JSW Steel s corporate family rating PTI February 4 2016 9 03 AM The outlook on all ratings remains negative the agency said in a statement With Rs 2 400 crore tag Ruias business park seen as a steal FE Bureau February 4 2016 1 39 AM Bengaluru based RMZ Corp said on Wednesday it was acquiring Equinox Business Park in Mumbai at a price of Rs 2 400 crore from the Ruias of the Essar Group ICICI Ventures hits market with 1 bn fund Deborshi Chaki February 4 2016 12 39 AM The new fund takes off from where ICICI Venture s India Advantage Fund Series IV left off Reliance to set up research centre in Bengaluru FE Bureau February 4 2016 12 38 AM Reliance Group has decided to set up an aerospace research centre in Bengaluru To be called the Dhirubhai Ambani Centre for Innovation and Research the facility will be designed for research development and innovation in aerospace technology Anil Ambani chairman of Reliance Group said Amazon enters grocery business FE Bureau February 4 2016 12 37 AM E commerce giant Amazon has launched its grocery business Amazon Now in India It is currently available as an App only service It will also feature express delivery and scheduled delivery options Bharat Biotech working to develop Zika vaccine FE Bureau February 4 2016 12 36 AM Bharat Biotech International BBIL a vaccine and bio therapeutics manufacturer on Wednesday claimed that it is developing the world s first two promising vaccine candidates called Zikavac for Zika infection TCS most powerful brand in IT services FE Bureau February 4 2016 12 35 AM India s largest IT services exporter Tata Consultancy Services TCS has been rated as the world s most powerful brand in IT services by Brand Finance a leading brand valuation firm Adani Group to invest Rs 21 000 cr in Karnataka projects FE Bureau February 4 2016 12 27 AM The Adani Group has also expanded its edible oil processing capacity in the state to become the single largest edible oil producer there 1 2 3 4 5 6 7 8 9 10 11 12 13 466

    Original URL path: http://www.financialexpress.com/section/industry/companies/page/3/ (2016-02-07)
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  • Company News:Industry News,Latest Industry News,Industry News Update,Companies News Stock Market | - Page 4The Financial Express | Page 4
    Report PTI February 3 2016 7 15 PM India s top multinational IT company Tata Consultancy Services has been rated as the world s most powerful brand in Information Technology Services by a leading global brand valuation firm the company said today Quick Heal to invest Rs 100 crore in brand building PTI February 3 2016 6 53 PM Indian IT security firm Quick Heal will invest Rs 100 crore in next three years in brand building specially to attract business organisations E logistics firm Porter to enter tier II cities PTI February 3 2016 6 38 PM As part of its expansion plans online logistics firm The Porter is looking to foray into tier II cities in the next six months Bharat Biotech gets breakthrough in developing Zika vaccine PTI February 3 2016 5 12 PM Bharat Biotech a city based vaccines and bio therapeutic manufacturer today claimed to have achieved a breakthrough in developing a vaccine to fight the dreaded mosquito borne Zika virus which causes serious birth defects in children Fortis Healthcare completes 14 9 mn acquisition of Singapore firm PTI February 3 2016 2 39 PM Fortis Healthcare today announced that one of its subsidiaries has fully acquired Religare Health Trust Trustee Manager for USD 14 9 million about Rs 100 crore Yahoo to cut 1 700 workers as CEO tries to save her own job Associated Press February 3 2016 12 32 PM Mayer hopes to sell some of Yahoo s unwanted services for about USD 1 billion though she didn t identify which ones Sahara seeks SC s nod to sell Formula 1 shares to raise funds for Subrata Roy s release PTI February 3 2016 10 58 AM The Group currently owns 42 5 percent of shares in the team and the same amount of shares are with troubled businessman Vijay Mallya The remaining 15 percent is with the Mol family of the Netherlands Grosvenor House Hotel being sold for Rs 3 000 cr Subrata Roy s Sahara tells Supreme Court IANS February 3 2016 10 37 AM The Sahara group on Tuesday told the Supreme Court that it was selling its Grosvenor House Hotel in London to Qatar and was in talk with a state owned Russian bank for refinancing its two hotels in New York New York Plaza and Dream New York hotel DLF Q3 profit up 24 at Rs 164cr on higher sales and GIC deal PTI February 3 2016 8 45 AM The company s net profit stood at Rs 131 79 crore in the year ago period DLF said in a regulatory filing We expect to see 100 year on year sales growth Pirojsha Godrej Shubhra Tandon February 3 2016 1 38 AM Godrej Properties the real estate arm of the Godrej group is among the few realty companies in the Indian market that is bucking the sluggish trend in the sector 1 2 3 4 5 6 7 8 9 10 11 12 13 14 466 Editor

    Original URL path: http://www.financialexpress.com/section/industry/companies/page/4/ (2016-02-07)
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  • Company News:Industry News,Latest Industry News,Industry News Update,Companies News Stock Market | - Page 5The Financial Express | Page 5
    February 2 2016 7 11 PM With RBI keeping the policy rate on hold India Inc today said a rate cut is imperative to lower cost of funds for the industry and spur investments crucial for sustaining high economic growth Adani s coal mine project in Australia gets environmental approval PTI February 2 2016 5 35 PM Queensland state s Department of Environment and Heritage Protection EHP said it has issued a final environmental authority EA for Adani s Carmichael Mine project in the Galilee Basin Hettich s Application Centre comes up in Chandigarh Charanjit Ahuja February 2 2016 4 52 PM After opening display centres at Delhi Mumbai Bangalore Kolkata Pune Ahemdabad Lucknow Hyderabad and Chennai Hettich a German hardware manufacturing company today announced Etihad increases Abu Dhabi Cairo flights Indian may benefit PTI February 2 2016 4 12 PM Abu Dhabi based Etihad Airways has announced an increase in capacity between Abu Dhabi and Cairo a move which could also benefit Indian travelers to the region Spin off or sale Yahoo turnaround plan in focus as earnings awaited Reuters February 2 2016 3 44 PM Yahoo Inc s plans to turn around its struggling core business are set to dominate its earnings report on Tuesday with investors keen to see if CEO Marissa Mayer will push ahead with a proposed spin off or entertain calls for a complete sale HAL rolls out HTT 40 aircraft prototype PTI February 2 2016 2 00 PM Aircraft maker HAL has rolled out the first prototype of HTT 40 with plans to weaponize and optimise the trainer plane WhatsApp now has one billion users Facebook CEO Mark Zuckerberg IANS February 2 2016 11 54 AM Facebook owned mobile messaging service WhatsApp has reached the milestone of one billion users with 42 billion messages being exchanged daily its CEO Mark Zuckerberg announced on Tuesday IITian Saroj Kumar Jha appointed to key World Bank position PTI February 2 2016 11 50 AM An Indian has been appointed to a key position in the World Bank with President Jim Young Kim assigning him a role to provide strategic leadership to address the challenge of fragility conflict and violence Yahoo s Marissa Mayer to announce almost 1 600 job cuts Report AFP February 2 2016 10 44 AM Embattled Internet pioneer Yahoo will announce job cuts when it releases its quarterly earnings report today according to a report in The Wall Street Journal Kangana Ranaut launches Big Fish Ventures table reservation app IANS February 2 2016 10 08 AM Bollywood Queen Kangana Ranaut added some warmth in the chilling weather of the capital when she came to launch the table reservation app of Big Fish Ventures Indian Railways launches web portal for e tendering IANS February 2 2016 10 03 AM Indian railways on Monday launched a web portal for the e tendering process intended to bring in transparency and efficiency Ramdev alleges MNCs of conspiring against Patanjali PTI February 2 2016 2 41 AM Alleging

    Original URL path: http://www.financialexpress.com/section/industry/companies/page/5/ (2016-02-07)
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  • Company News:Industry News,Latest Industry News,Industry News Update,Companies News Stock Market | - Page 6The Financial Express | Page 6
    the price band Online video gets an OTT push Chandni Mathur and Meghna Sharma February 1 2016 1 30 AM With the entry of Netflix the over the top OTT space in India may be seeing a flurry of activity but when compared with other countries things are still in a nascent stage Myntra plans US foray as losses mount FE Bureau February 1 2016 9 14 AM Flipkart s fashion division Myntra which reported a loss of R740 crore for the previous financial year is planning to enter the United States market shortly and has set up a subsidiary Myntra Inc in the US for this purpose Cidco to extend bid deadline for Navi Mumbai airport Malyaban Ghosh February 1 2016 1 16 AM The city and industrial development corporation Cidco the urban development body created by the Maharashtra government has decided to extend the period for inviting tenders regarding pre development works for the Navi Mumbai airport project to attract more bidders Building a business in the cloud Anshul February 1 2016 12 48 AM The speed of change has always been important in business Tata Consultancy Infosys Wipro join Barack Obama s computer science for all plan PTI January 31 2016 9 43 PM Three major Indian IT companies Infosys Tata Consultancy Services and Wipro have joined US President Barack Obama s ambitious computer science for all initiative as part of a public private collaboration pledging over USD 3 million in grants Godfrey Phillips India posts Q3 net profit up at Rs 14 crore PTI February 1 2016 8 10 AM Tobacco major Godfrey Phillips India the flagship company of the KK Modi Group today posted a 29 4 per cent rise in standalone net profit at Rs 13 77 crore for the quarter ended December 31 2015 Subrata Roy s Sahara uses small savers to keep hill resort afloat Reuters February 1 2016 2 28 PM Sahara has ploughed at least 15 billion Indian rupees 221 million from two of its credit cooperatives into the Aamby Valley resort project through investments in preference shares according to documents filed with India s companies regulator Blue Star enters air cooler segment eyes Rs 150 crore sales PTI January 31 2016 3 31 PM Air conditioner maker Blue Star which recently forayed into air coolers is targeting sales of about Rs 150 crore in the next three years from the segment Air India Express announces summer schedule increases flights PTI January 31 2016 2 33 PM Frequency between Kerala and Middle East would increase to 119 flights from the present 96 as per the summer schedule announced by Air India Express country s first international budget airline With muted biscuit growth Parle targets bigger bite in snacks PTI January 31 2016 1 23 PM The company is targeting to increase share of snacks and confectioneries in total sales to up to 30 per cent in three years time from 10 per cent 1 2 3 4 5 6 7

    Original URL path: http://www.financialexpress.com/section/industry/companies/page/6/ (2016-02-07)
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  • Company News:Industry News,Latest Industry News,Industry News Update,Companies News Stock Market | - Page 7The Financial Express | Page 7
    carrier failed to arrange a wheel chair People like Donald Trump should have no voice Randi Zuckerberg PTI January 30 2016 10 58 PM Taking a dig at the US presidential hopeful Donald Trump former Facebook executive Randi Zuckerberg today said technology has given voice to not only voiceless but also to people Marico s Q3 net profit rises 23 71 to Rs 197 8 crore PTI January 30 2016 8 51 PM FMCG firm Marico s consolidated net profit grew by 23 71 per cent at Rs 197 8 crore for the December quarter on account of lower expenses Shriram Transport Finance Q3 net profit rises 20 to Rs 375 crore PTI January 30 2016 8 42 PM Shriram Transport Finance Company Limited STFC today reported 20 per cent rise in net profit at Rs 375 07 crore for third quarter ended December 2015 Spicejet increases its ticket cancellation charges PTI January 30 2016 7 16 PM Budget carrier SpiceJet has revised upward its ticket cancellation charges by almost Rs 100 and will be applicable from next month Amazon going with good India flow FE Bureau January 30 2016 1 50 AM Amazon India in Q4 was the top e commerce site it was a very busy Diwali shopping season said Brian Olsasvky Amazon CFO ONGC capex plan bucks global trend Siddhartha P Saikia January 30 2016 1 45 AM Despite crude oil price dipping to a 13 year low and explorers globally reducing investments state run ONGC has lined up a capital expenditure programme of Rs 29 507 crore for FY17 Larsen Toubro net rises 19 in the third quarter FE Bureau January 30 2016 1 41 AM Larsen Toubro India s biggest engineering and construction company on Friday reported a 19 year on year rise in consolidated net profits to Rs 1 030 crore for the three months to December Top telecom firms may skip bid for 700 MHz spectrum says Fitch PTI January 30 2016 1 24 AM Given the high base price that has been recommended by the Telecom Regulatory Authority of India Trai for the 700 MHz spectrum and stress on their balance sheets top telecom players may not bid for the radiowaves in this premium band says credit rating firm Fitch The top four telcos Bharti Airtel Vodafone Idea Cellular JSW Steel reports Rs 923 cr loss FE Bureau January 30 2016 1 06 AM JSW Steel on Friday reported a consolidated loss of Rs 923 crore in the three months to December against profit of Rs 328 94 crore a year ago DLF plans to complete structure before putting property on sale Shaikh Zoaib Saleem January 30 2016 12 52 AM With the sales of residential units having fallen in eight of the past nine quarters DLF is looking to change the way it sells to customers 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 466 Editor s Pick How Zika virus infection

    Original URL path: http://www.financialexpress.com/section/industry/companies/page/7/ (2016-02-07)
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  • Company News:Industry News,Latest Industry News,Industry News Update,Companies News Stock Market | - Page 8The Financial Express | Page 8
    company said within a month it has expanded 4G LTE service footprint to 24 districts including Bengaluru Mysuru Madikeri Karwar Chikmagalur Belgavi and Chitradurga covering 20 per cent of the state s population Microsoft beats Wall Street view on high demand for cloud products Reuters January 29 2016 9 14 AM Microsoft Corp reported quarterly revenue and profit that beat analysts expectations driven by aggressive cost cutting and growing demand for its cloud products and services Microsoft India doubles maternity leave for employees FE Bureau January 29 2016 1 15 AM Microsoft India on Thursday announced that it has extended the maternity leave for its women employees to six months from the current three months HCC ready to sell more business verticals Shubhra Tandon January 29 2016 1 11 AM Ajit Gulabchand led HCC is open to selling more assets in its bid for a leaner balance sheet and more cash Company s Switzerland subsidiary Steiner AG 3 Wipro BPO employees arrested FE Bureau January 29 2016 1 00 AM Three employees of a call centre run by Wipro BPO have been arrested in Kolkata for allegedly stealing customer data of a British telecom company There are regrets and we could have stayed invested in Myntra says Sasha Mirchandani FE Bureau January 29 2016 9 38 AM Sasha Mirchandani has been part of the venture capital space in India for several years now Founder of sector fund Kae Capital a sector agnostic venture capital fund Myntra aims to turn profitable by 2017 FE Bureau January 29 2016 12 59 AM Myntra the fashion unit of e commerce major Flipkart on Thursday said it hopes to turn profitable by 2017 by controlling supply chain costs and slashing discounts Infosys picks minority stake in US firm FE Bureau January 29 2016 12 54 AM Infosys has announced an investment of 4 million in a two year old US based technology firm Waterline Data Science Just Dial hits 52 week low of Rs 731 post Q3 earnings FE Bureau January 29 2016 12 47 AM The Just Dial stock plummeted over 9 to a 52 week low of Rs 713 30 in intra day trades on the National Stock Exchange on Thursday following weak earnings for the three months ended December 31 2015 The stock ended the session at Rs 731 10 6 9 down on the exchange Vedanta Q3 net declines 99 to Rs 18 crore FE Bureau January 29 2016 4 43 PM Revenue declined 22 6 from a year ago to 14 876 5 crore in the third quarter was hit due to benign oil and metals prices despite 13 growth in power business 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 466 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi

    Original URL path: http://www.financialexpress.com/section/industry/companies/page/8/ (2016-02-07)
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