Vodafone Group CEO to step down in July-end

Tue, 05/15/2018 - 23:56

London/New Delhi, May 15 (IANS) Telecommunications major Vodafone Group Plc Board on Tuesday announced the succession plan for the role of Group Chief Executive.


MRPL net profit down by 72% in Q4

Tue, 05/15/2018 - 23:56

New Delhi, May 15 (IANS) Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of Oil and Natural Gas Corporation (ONGC), on Tuesday reported a 72 per cent fall in its standalone net profit to Rs 542.08 crore in the quarter ended March 31, 2018 as compared to Rs 1,942.42 crore in the year-ago period.


TCS adds 200 new employees in US' Arkansas

Tue, 05/15/2018 - 23:32

Mumbai/Little Rock (United States), May 15 (IANS) Tata Consultancy Services (TCS) on Tuesday said it has added more than 200 new employees in the US state of Arkansas, as part of its deal with insurer Transamerica.


Honor 10 launched at Rs 32,999 in India on Flipkart

Tue, 05/15/2018 - 23:08

London, May 15 (IANS) Chinese mobile maker Honor on Tuesday launched its flagship smartphone "Honor 10" enabled with artificial intelligence and for the first time in aurora colours. It has been priced at Rs 32,999 for the Indian market.


WhatApp rolls out improvements for Groups feature

Tue, 05/15/2018 - 22:30

New Delhi, May 15 (IANS) With an aim to make its platform more user-friendly, Facebook-owned WhatsApp on Tuesday rolled out better administrative controls and other features for Groups.


'Majority of millennials feel businesses lack ethics'

Tue, 05/15/2018 - 21:48

New Delhi, May 15 (IANS) The majority of millennials globally feel businesses do not behave in an ethical manner and also doubt the social commitment of business leaders, a Deloitte report said here on Tuesday.


Britannia Industries net profit up 25% in Q4

Tue, 05/15/2018 - 21:18

Kolkata/Bengaluru, May 15 (IANS) Britannia Industries Ltd., India's leading food company, on Tuesday reported a 25 per cent increase in its consolidated net profit to Rs 263.16 crore in the quarter ended March 31, 2018 as compared to Rs 210.91 crore in the year-ago period.


Texmaco Rail and Engineering net profit jumps to Rs 22.95 crore in Q4

Tue, 05/15/2018 - 21:16

Kolkata, May 15 (IANS) Engineering major Texmaco Rail and Engineering on Tuesday reported a nearly four-fold jump in its standalone net profit to Rs 22.95 crore in the quarter ended March 31, 2018 as compared to Rs 5.93 crore in the year-ago period.


India's merchandise exports edged higher by over 5% in April

Tue, 05/15/2018 - 20:34

New Delhi, May 15 (IANS) India's exports during April rose by 5.17 per cent to $25.91 billion from $24.64 billion worth of merchandise shipped out during the corresponding month of last year even as the trade deficit widened due to high crude oil prices.


Monsanto India's Q4 net profit up 66%

Tue, 05/15/2018 - 20:26

Mumbai, May 15 (IANS) Agriculture major Monsanto India on Tuesday reported a rise of 66.43 per cent in its net profit on a year-on-year basis for the quarter ended March.


Subscriber base of pension scheme crosses 1 cr: Centre

Tue, 05/15/2018 - 19:54

New Delhi, May 15 (IANS) The government on Tuesday said that the subscriber base of the Atal Pension Yojana (APY) had crossed the one-crore mark on completion of three years of the scheme.


Remaining Magenta Line to start soon: DMRC

Tue, 05/15/2018 - 19:06

New Delhi, May 15 (IANS) The Kalkaji Mandir-Janakpuri West stretch on the Magenta Line has been approved by the Metro Safety Commissioner and will open for public soon, the Delhi Metro Rail Corp said on Tuesday.


WINIT to expand footprint in Africa

Tue, 05/15/2018 - 19:02

Hyderabad, May 15 (IANS) WINIT, a leading mobile sales force automation company, on Tuesday announced that it will expand its footprint in Africa.


Allahabad Bank board divests CEO of all powers

Tue, 05/15/2018 - 19:00

Kolkata, May 15 (IANS) State-run Allahabad Bank on Tuesday said its Board of Directors has decided to divest the lender's MD and CEO Usha Ananthasubramanian of all functional responsibilities of the bank with immediate effect.