India says ready to import more gas and oil from the United States

Reuters @moneycontrolcom India’s foreign secretary Vijay Gokhale said on Wednesday the country is open to importing more oil and gas from the United States. “We expressed our readiness to import more gas and more oil from United States as a way of expanding trade,” Gokhale told reporters on the sidelines of an Asian summit attended …

Hindi Chini Bhai Bhai: When Xiaomi crashed Flipkart and a partnership was born

Indian e-commerce giant Flipkart is currently among the headlines because of the exit of its Chief Executive Officer Binny Bansal after a probe into misconduct allegations against him. However, over the course of its 11-year journey, the Bengaluru-based company has made news many times. One such occasion was when Flipkart’s website crashed in 2014 because of Chinese handset maker …

Podcast | Digging Deeper – Microsoft beats Amazon in cloud war

Reema Moudgil | Seetal R IyerMoneycontrol Contributors Bill Gates is known to be an avid reader. And famously keeps a low profile in a highly strung, competitive business climate. Even as news about Microsoft overtaking Amazon as the most valuable company in the world hit the headlines, there was another article about the four books that …

Japan September factory output seen falling, suggesting weak third-quarter GDP

Japan’s factory output likely slipped in September for the first time in two months due to natural disasters, a Reuters poll showed on Friday, which would boost views that the economy weakened in the third quarter. Industrial production was seen down 0.3 percent in September from the previous month, the poll of 16 economists shows. …

Stocks in the news: Wipro, Yes Bank, Indiabulls Real, Hexaware, InterGlobe, L

Here are stocks that are in the news today: Results on Thursday: Bharti Airtel, Yes Bank, Maruti Suzuki India, BHEL, L&T Technology Services, Varun Beverages, Piramal Enterprises, Quess Corp, Crompton Greaves Consumer Electricals, Liberty Shoes, Kirloskar Industries, HIL, Music Broadcast, Shriram City Union Finance, HCL Infosystems, Intellect Design Arena, Biocon, Kirloskar Brothers, DB Corp, Gallantt Metal, …

TVS Motor Q2 net profit at Rs 211cr; Credit Suisse, Jefferies cut target upto

TVS Motor has come out with its September quarter numbers on October 23, 2018. It has reported a fall of 0.9 percent (year-on-year) in its net profit for the September quarter at Rs 211.31 crore. The company had reported a profit of Rs 216.16 crore during the same quarter of last year. Its revenue rose to …

SoftBank lines up $9 billion in loans for Vision Fund from banks: Report

Banks, including underwriters of SoftBank Group’s initial public offering of its mobile unit, are finalising terms for a $9 billion loan to its Vision Fund, Bloomberg reported on Wednesday, citing people familiar with the matter. Reuters reported earlier this month that SoftBank had picked up five investment banks, including units of Nomura Holdings Inc and …