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Sony appoints Gaurav Banerjee as new India’s Chief Executive

Japan's Sony has appointed Gaurav Banerjee, a former executive at Walt Disney, as its new India chief executive. Banerjee will lead Sony's television and...
Business

Google plans to acquire minority stake in India’s Flipkart

Google has proposed an investment in Flipkart, the Walmart-controlled Indian online retailer. On Friday (24), Flipkart announced that the tech giant intends to acquire...
Business

India pursues long-term agreement with Iran for Chabahar Port management

India's Foreign Minister S Jaishankar has expressed the country's intent to secure a "long-term arrangement" with Iran concerning the management of the Chabahar port....
Business

Commerce Chamber CEO lauds ‘jugaad’ approach of Indian professionals of Silicon Valley

Harbir Kaur Bhatia, CEO at the Silicon Valley Central Chamber of Commerce, said in an interview that Indian Americans lead companies like Google, YouTube,...
Business

Barclays logs lower profit as mortgage lending weakens

Barclays on Thursday said net profit slid 13 per cent in the first quarter, as warning lights flashed over weaker mortgage lending and sliding...
Business

Modi has done an unbelievable job: JPMorgan CEO

Prime Minister Narendra Modi is doing an “unbelievable job” in India by pursuing reforms and reducing poverty through inclusive financial programmes, JPMorgan Chase CEO...
Business

Tesla profits tumble 55 per cent amid sales pressure

TESLA reported a big drop in quarterly profits Tuesday amid an increasingly competitive electric vehicle market, with the entry of Chinese players, but shares...
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