SPARC licenses Xelpros to Sun Pharma for US market

Last Updated: Tuesday, June 9, 2015, 23:25

Sun Pharma Advanced Research Company (SPARC) has licensed out Xelpros, a preservative-free eye drop, to a subsidiary of Sun Pharma for the US market.

Airbus group merges India business units

Last Updated: Wednesday, June 3, 2015, 21:11

Global aerospace major Airbus on Wednesday announced merging its Indian business divisions into a single entity to support its Make in India plans.

4G phones to constitute 7% of smartphones sales in India: GfK

Last Updated: Sunday, May 17, 2015, 18:12

Smartphone sales increased by 7 percent to 309.7 million in the reported quarter from 290.1 million a year ago.

Reliance Jio may start ops with "disruptive offers": Bernstein

Last Updated: Thursday, May 14, 2015, 17:22

Faster data (if priced appropriately) is likely to prove very attractive in data constrained India, Free voice would also be attractive.

CARE Ratings' Q4 net dips 15% at Rs 35 crore

Last Updated: Tuesday, May 12, 2015, 22:27

Credit Analysis and Research (CARE) has registered a 15 percent dip in its net profit at Rs 35.09 crore in the fourth quarter ended March 31, 2015 on account of fall in investment income.

Tablet shipments in India declines 13.9% in Jan-Mar: CMR

Last Updated: Monday, May 11, 2015, 17:37

Tablets are only becoming devices of convenience due to low value addition in the shape of specific solutions to enhance device usability.

Increase R&D spending to 4% of GDP, says Prabhu

Last Updated: Saturday, May 9, 2015, 22:18

If India is to expand business and innovate, the spending on Research and Development (R&D) should be raised to four percent from existing one percent of the GDP, Railway Minister Suresh Prabhu said on Saturday .

Micromax to invest $400 mn to pick up stake in 20 start-ups

Last Updated: Thursday, May 7, 2015, 16:54

The company is keen to beef up investments in research and development of products.

RBI may cut rate even before June 2: SBI Research

Last Updated: Thursday, May 7, 2015, 13:58

The Reserve Bank may cut rate by 25 basis point even before its monetary policy review on June 2 as inflation is easing and the US Fed tightening is expected by year end, SBI said in a research note Thursday.

Global equity mutual funds, ETFs post $88 bn inflows in 2015: TrimTabs

Last Updated: Tuesday, April 21, 2015, 23:06

Global equity mutual funds and exchange-traded funds attracted $88.3 billion of net inflows so far in 2015, putting them on track to surpass the previous four-month record total of $86 billion from December 2005 through March 2006, TrimTabs Investment Research said on Tuesday.

Rolta India slumps 12%; denies charges of fin irregularities

Last Updated: Thursday, April 16, 2015, 17:36

Shares of IT firm Rolta India tanked over 12 percent Thursday after a research report alleged irregularities in its financial, but the company termed it as "malicious" attempt to pull down the stock price.