Unitech brushes off rumours about default in debt repayment

Last Updated: Wednesday, June 3, 2015, 18:36

Shares of Unitech had nosedived 51.63 percent to Rs 6.50, its 52-week low on the BSE.

Capgemini bags multi-mn euro contract extension from Nokia

Last Updated: Wednesday, June 3, 2015, 18:07

The additional three-year agreement will see Capgemini continuing to optimise Nokia's order management operations worldwide, the company said in a statement.

Deficient monsoon can hit sales in rural market: Maruti Suzuki

Last Updated: Wednesday, June 3, 2015, 18:04

"Yes, the deficient monsoon prediction is a cause of worry. Sales could be affected in some parts, specially in the rural market," Maruti Suzuki India Managing Director and CEO Kenichi Ayukawa told reporters here.

Cipla gets USFDA nod for Lopinavir, Ritonavir oral pellets

Last Updated: Wednesday, June 3, 2015, 17:06

The company stock closed at Rs 634.90, down 0.95 per cent, on the BSE.

Myntra ties up with Dassault to cut costs

Last Updated: Wednesday, June 3, 2015, 15:42

"Dassault Systemes"`my collection for fashion` solution will help us bring exciting products faster to our consumers. We are aligned with the vision of the company for future roadmap of 3D technology for an enhanced user experience," he added.

Samsung Electronics says no plans to merge with Samsung SDS

Last Updated: Wednesday, June 3, 2015, 15:09

"The management wants me to express clearly that we do not have a plan to merge with SDS," Robert Yi, Samsung Electronics` head of investor relations, said at a company event in Seoul.

Samsung Electronics to expand mobile payments service to China, Europe

Last Updated: Wednesday, June 3, 2015, 11:01

Tech giant Samsung Electronics Co Ltd said on Wednesday that it will expand its Samsung Pay mobile payments service to markets such as China and Europe after an initial launch in South Korea and the United States later this year.

Sebi asks GMR Infra to restate accounts

Last Updated: Monday, June 1, 2015, 18:48

GMR Infrastructure said it received a "letter from Sebi dated April 27, 2015, whereby Sebi has reiterated its earlier advice for restatement of financial results", according to the note.

Maruti Suzuki shares end 2.5% higher as sales surge in May

Last Updated: Monday, June 1, 2015, 17:49

The scrip climbed 2.24 percent to end at Rs 3,870.20 on the BSE. During the day, it gained 3 percent to Rs 3,900.

Volvo Auto India appoints Tom von Bonsdorff as MD

Last Updated: Monday, June 1, 2015, 17:44

Bonsdorff, who has been with Volvo Cars for 17 years in various operational and managerial positions, will replace Tomas Ernberg who is moving back to Sweden in a new role, Volvo Auto India said in a statement.

Ashok Leyland May sales surge 40.13% to 9,294 units

Last Updated: Monday, June 1, 2015, 13:25

Ashok Leyland on Monday reported a 40.13 percent hike in total sales at 9,294 units in May as against 6,632 units in the same period last year.

BHEL wins Rs 369 cr order to revive NTPC's Barh project

Last Updated: Monday, June 1, 2015, 13:20

The commissioning of these two units assumes significance as the country seeks to achieve self-reliance in contemporary, state-of-the-art supercritical technology and demonstrates BHEL's capability in the same, which is expected to lower coal consumption and facilitate eco-friendly and efficient power generation.