Business

Business

British economy grows 0.3% in second quarter

Britain's economy expanded 0.3 percent in the second quarter, unrevised official data showed Friday, as analysts said it was mired in the "slow growth...

Suzuki to commission 3rd plant at Guj by 2020 introduce new hybrid vehicles

Japanese auto maker Suzuki Motor Corporation Friday said it will commission its third plant at Gujarat by 2020 and will aggressively introduce new hybrid...

Retailer Boohoo probes Pakistan suppliers over ‘underpaid’ staff

British online fashion group Boohoo on Wednesday (23) said it was investigating a Guardian newspaper report that its suppliers were underpaying workers in Pakistan, after facing...

Unilever profit rises 10 per cent on emerging market sales

ANGLO-DUTCH food and cosmetics giant Unilever said on Thursday (4) that its first half net profit rose 10 per cent on the back of...

Serco buys India’s Intelenet

BRITAIN’S Serco is to buy Indian outsourcing company Intelenet for up to £385m ($634m) as part of a drive into higher-growth overseas markets.London-based outsourcer...

Profits at Reliance jump 31 per cent, beating estimates

Indian conglomerate Reliance Industries reported a 31 percent jump in quarterly profits Thursday, due to a one-time gain from British oil giant BP's investment...

Economic woes could hit Indian festive spending

INDIA`S retailers look set for a tough annual religious festival season - traditionally a time for exuberant spending as high inflation and interest rates...

IDBI Bank says not being probed over Kingfisher loan

STATE-RUN lender IDBI Bank Ltd said on Tuesday (August 12) it is not being investigated by the Central Bureau of Investigation (CBI) over a...

Setback for Adani’s mine project as Queensland rejects environmental plan

Australia's Queensland state government has rejected a management plan of Indian energy giant Adani to protect an endangered black-throated bird species, saying the company's...

New Air India boss bets on people power to fix ailing carrier

AIR India's new chief is betting an 'open door' policy will help defuse years of soured relations with the flag carrier's more than 20,000...