Industry

 

More parcels, higher prices lift UPS profit but costs soar

Apr 26 2018

United Parcel Service Inc reported higher first-quarter net profit on Thursday, driven by strong package volumes in its core U.S. segment.

ABB eyes India as a potential market for microgrid solutions

Apr 26 2018

"We see India as a growth market as far as microgrid is concerned," Claudio Facchin, president of ABB's power grids division.

TCS becomes 1st Indian co to close trading with $100 bn m-cap

Apr 26 2018

TCS became the first Indian company to close the trading session with over USD 100 billion market valuation.

Google fixes glitch showing Modi's photo as India's first PM

Apr 26 2018

An algorithm glitch that showed Prime Minister Narendra Modi's photo as "India's first PM" on Google Search and led to much outrage on Twitter has been fixed.

American Express grants $99,000 to boost digital literacy

Apr 26 2018

Aiming to promote digital literacy in the country, American Express has presented a grant of $99,000 to the American India Foundation, an official said.

Indian Markets

 
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Global Markets

 

Stocks In News

 

IDFC

In talks to sell MF and broking units for Rs 600 Cr

Bain Capital , Warburg, Yes Bank and IndusInd said to have expressed interest

The AMC business had an AUM of Rs 66392 cr and PAT of Rs 58 cr in FY17

The Securities business had a PAT of Rs 29 cr in FY17

Economic Times Reports

INDIAN HOTELS

Taj Mansingh auction to begin on 19th June18 as per NDMC notice

NDMC - New Delhi Municipality Council

Potential bidders can submit bids starting from 18th May

The hotel is a 292 room five star hotel currently operated by IHCL

Mint Reports

CADILA HEALTHCARE

Zydus Gets final approval from USFDA for Methylprednisolone

Will be manufactured at formulations manufacturing facility at Moraiya, Ahmedabad

Also received final approval to market Cinacalcet Hydrochloride Tablets

Will be manufactured at facility at SEZ, Ahmedabad

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