Search Results for: investors

Beyond headlines: What Flipkart-Walmart deal means for consumers, traders and government

The arrival of the most potent retailer from the first-world means the Indian consumers will be treated to ultra-low prices, steep discounts and other winning offers. On the other hand, the sellers, smaller rivals and other elements in the sprawling logistics chain are nervous.

May 10, 2018

Walmart buys 77 percent stake in India's Flipkart for $16 billion

The investment was more than the $10-12 billion given by sources close to the deal in the past week.

May 9, 2018

Why is internet obsessed with cats? Reddit co-founder has an answer

Intenet is full of funny cat videos and no one could explain why are they so popular. But now it seems Reddit co-founder Alexis Ohanian has a perfect answer for it and we cannot help but wonder how right he is.

May 5, 2018

Apple surprises with solid iPhone sales, announces $100 billion buyback

Apple bought $23.5 billion of stock in the March quarter and said it planned to hike its dividend 16 percent, compared with a 10.5 percent increase last year. Analysts believe the heavy emphasis on buybacks will bolster share prices.

May 2, 2018

U.S. judge blocks Fujifilm, Xerox merger temporarily

The preliminary injunction came a day after the companies reopened deal talks on their $6.1-billion merger. They are discussing a higher price after Xerox, under pressure from top investors, asked to renegotiate the terms.

Apr 29, 2018

Casting couch in television industry? TV actresses call it 'fake belief'

A number of popular TV actresses said that they never came across anything like casting couch in the television industry, and called casting couch a "fake belief".

Apr 24, 2018

Analysts still prefer Infosys over TCS despite bullish outlook, market cap boost

TCS' market capitalization reached the $100 billion mark on Monday, rising high above analysts' expectations of where its valuation should be.

Apr 24, 2018

TCS worth $100 billion: First Indian IT company to touch this value

Shares of the Mumbai -based company moved nearly 4 percent higher Monday, extending their Friday's surge, making it the first Indian company in a decade to achieve this mark.

Apr 23, 2018

tcs q3 results, tcs share price, tcs income, tcs interim dividend, tcs management speak, infosys

TCS set to become 1st Indian company with $100 billion market cap

By scaling $100 billion, TCS is set to join the league of the 100 most valuable companies in the world. TCS will be the 2nd Indian company to achieve the milestone after Reliance Industries. Mukesh Ambani-led Reliance Industries had crossed the mark in October 2007.

Apr 21, 2018