Sensex up 340 points, August series begins on positive note
The benchmark BSE Sensex spurted by over 340 points to 28,045.97 in noon trade on Friday on continued across-the-board buying by participants as the August series in the derivatives segment began on a positive note. The 30-share index, which had gained 246.12 points in the previous two sessions,... read more »
Maggi may undergo fresh tests following HC proposal
Nestle India, the manufacturer of Maggi instant noodles,has agreed for an independent lab testing of the product provided the tests were carried out in the presence of a reputed scientist. The division bench of Justices V M Kanade and B P Colabawala of the Bombay High Court, while hearing... read more »
Uber to invest $1 billion in India in next 9 months
Uber Technologies Inc will invest $1 billion in India in the next nine months as the online ride hailing company is bullish on the Indian market. Uber said it would use the additional investment to improve operations, expand into newer cities, and develop new products and payment solutions.... read more »
Qualcomm appoints Sunil Lalvani as India head
Qualcomm Incorporated has appointed Sunil Lalvani as vice president and president of its India operations, a company statement said here on Monday. Lalvani’s appointment will be effective July 27 and he will report directly to Cristiano Amon, executive vice president and co-president,... read more »
