Business

Business

India probes Volkswagen over emissions scandal

INDIA has become the latest country to order an investigation into Volkswagen over rigged emissions tests, a report said on Friday (September 25), as...

Adani wins world’s largest solar project; to invest $6 billion

Billionaire Gautam Adani's renewable energy firm Adani Green Energy on Tuesday said it has won the world's largest solar project to build 8 gigawatts...

Bharti Airtel to acquire Telenor India

Telecom operator Bharti Airtel Will acquire the business of Telenor India for an undisclosed sum in all seven circles where it holds spectrum. Airtel...

Serco boss quits as firm seeks new start after scandals

THE chief executive of outsourcing firm Serco has quit as part of a major reorganisation aimed at rebuilding its reputation with its biggest customer,...

Will try to trim RCom debt by 75% in one year: Anil Ambani

Grappling with mountain of debt, Reliance Communications today said it is planning to pare the Rs 426.50 billion burden by up to 75 per...

India’s car giant Maruti slips as competitors thrive

INDIA’S biggest auto maker Maruti Suzuki has said that its monthly sales for December fell 7.1 per cent year-on-year, further eroding its market share...

Sahara told to repay small investors $3.1bn

UNLISTED conglomerate Sahara, one of India’s biggest groups and a household name through its cricket sponsorship, must refund Rs174bn ($3.1bn/£1.95bn) raised by “dubious” means...

Infosys names new chief as Murthy bows out

INDIAN outsourcing giant Infosys announced a new chief executive on Thursday (June 12) and said its co-founder NR Narayana Murthy would step down as...

Wal-Mart ‘very positive’ on India rules easing

WAL-MART, the world’s largest retailer, expects India to open up foreign direct investment in multi-brand retail given the positive tone coming from government officials,...

ArcelorMIttal vows no more job cuts till June: EU

ARCELORMITTAL on Tuesday (February 19) pledged to suspend closures and job cuts in Europe pending the launch of a pan-Europe plan in June to...