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Kobe Steel Shares Hit Near Five-Year Lows As Cheating Scandal Raises Financial Risks

Just over a week out from revelations of a cheating scandal that plunged Kobe Steel Ltd in crisis and ensnared hundreds of firms, the embattled steelmaker's shares skidded to five-year lows on Monday as investors worried about the financial and legal fallout.

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Telco Competition To Remain Intense Over 12-18 Months: Moody's

While consolidation activity is positive for the industry in the long-term, we still expect competition to remain intense over the next 12-18 months as leading operators - like Bharti, Vodafone India and Reliance Jio Infocomm Ltd - look to protect and grow market share

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Kansai Nerolac Paints Q2 Net Up 3.82% To Rs 144.63 Crore

Total income during the quarter under review stood at Rs 1178.54 crore as against Rs 1163.14 crore in corresponding quarter last year

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Samsung CEO Kwon Announces Shock Resignation As Profits Surge

Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery.

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Leslie Thng Takes Over As Vistara CEO; Replaces Phee Teik Yeoh

Thng, whose appointment is effective from today (16 October), replaces Phee Teik Yeoh, who has returned to Singapore Airlines

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Bharti Airtel, Millicom Close Deal To Combine Ghana Operations

The deal, executed through their respective subsidiaries, will create Ghana's second largest mobile operator with nearly 10 million subscribers and $300 million in revenue

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Godrej Agrovet Surges On Market Debut

Godrej Agrovet stock jumped to as much as Rs 630 from its IPO price of Rs 460 after raising Rs 11.6 billion in the IPO that was subscribed over 95 times earlier this month

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RBI's Policies Not Growth-Friendly: FICCI Chief

In its latest monetary policy review on October 4, the RBI had kept the policy rate unchanged at 6 per cent even as it cut the growth forecast to 6.7 per cent for the current fiscal

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UN General Assembly President Met Indian Parliamentarians

The delegation of the Indian parliamentarians included Congress MP Renuka Chowdhury, senior journalist and MP Swapan Dasgupta and Lok Sabha member Santosh Ahlawat

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Alphabet's Waymo Demanded $1 Billion In Settlement Talks With Uber

Alphabet Inc's Waymo sought at least $1 billion in damages and a public apology from Uber Technologies Inc as conditions for settling its high-profile trade secret lawsuit against the ride-services company, sources familiar with the proposal told Reuters.

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Reliance Industries Q2 Profit Up 7%, Lags Estimates

Its telecoms arm Jio Infocomm Ltd, which upended the telecoms industry with its free calls and cheaper data plans, posted a loss of Rs 2.71 billion

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India Gold Prices Swing To Premium Ahead Of Diwali Festival

Indian authorities last week withdrew the amendment to the Prevention of the Money Laundering Act (PMLA) that had made jewellers subject to anti-money laundering legislation

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GroupM's CVL Srinivas To Be Awarded Influencer Of The Year 2017

Raj Nayak, COO of Colors, was the recipient of the inaugural 'exchange4media Influencer of the Year Award' last year for his various and continuing contributions to the media industry

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