India Business

News Corporation Board has approved the split of its company into two publicly traded entities putting a step forward in separating its entertainment businesses from the publishing division.

India Cements may not be majorly impacted if its Indian Premier League (IPL) team, Chennai Super Kings' licence is revoked in the wake of the spot fixing scandal, industry analysts say.

In a major policy change, Bangladesh will allow India ferry foodgrains for the mountainous northeastern states via its territory, a Tripura minister said here.

Orix Corporation, a leading integrated financial services group of Japan, has announced its decision to foray into the Mongolian financial services business through an alliance with TenGer Financial Group (TFG), a major Mongolian financial group.

China is planning to give a larger role to private businesses and market forces in its economy.

The Indian software industry is poised for a strong revenue growth driven by social media, mobility, analytics and cloud, said a report published by PricewaterhouseCoopers (PwC).

Jet Airways on Friday deferred a crucial proposal to amend its Articles of Association (AoA) after concerns were raised by the market regulator Securities and Exchange Board of India. The airline also reported that losses for the January-March quarter widened by more than 66% to Rs 495.53 crore as against a net loss of Rs 298.12 crore in the year ago period largely due to higher operational costs.

Technology outsourcer iGate, embroiled in a sexual harassment scandal surrounding its former chief executive Phaneesh Murthy, has defended its actions even as more details emerged about the circumstances under which Murthy was sacked.

Intensifying the price war in the fast-growing smartphone category in India, South Korean mobile handset maker Samsung Electronics today launched its cheapest Galaxy series phone 'Star' priced at Rs 5,240.

Aimed at maintaining its leadership position in the smartphone segment in the country, Korean handset maker Samsung Electronics this month announced the launch of its Galaxy Grand Quattro.