Corporates

Profit for the quarter ended June 30 fell to Rs 27.7 crore from Rs 811 crore a year earlier, InterGlobe Aviation said.

San Francisco, United States-based Wells Fargo Trust Services and UAE's state-owned Dubai Aerospace Enterprise (DAE) have sent letters of demand for pending rental payments, the newspaper said, citing sources.

Apple, at $939 billion, remains the highest-valued private company on the global markets.

Infosys, India's second-biggest software services exporter, said the 2.7 million square feet facility would be able to accommodate 5,000 staff.

Billionaire Mukesh Ambani said 215 million customers within 22 months is a record that no technology company has been able to achieve anywhere in the world.

Nike became the latest example this week when it said in a memo to employees that the company would adjust the pay of about 10% of its 74,000 workers.

Facebook reported revenue of $13.2 billion -- a gain of 42 per cent but missing analyst expectation of $13.3 billion.

Vodafone Idea Merger: KM Birla will be the non-executive Chairman and Balesh Sharma will be the new CEO of the merged entity.

Snapdeal co-founders Kunal Bahl and Rohit Bansal hinted at the company's intent to "invest more aggressively" going forward.

The governments 73.67 percent stake in NHPC is worth about 182 billion rupees ($2.6 billion) as per current prices.

Reliance Industries had offered the long-range tanker size cargo for end-August loading from Sikka Port through a tender which closes on Wednesday.

Anyone with a shop of 100-300 square feet of area and the "willingness to invest Rs. 2-2.5 lakh" can apply for an Amul parlour, according to Amul's website.

Helped by a boom in demand for cloud-based software, Microsoft has more than doubled in value since Satya Nadella took over as chief executive in 2014

SBI (State Bank of India)'s quick transfer service supports remittance up to Rs 25,000 per day subject to a transaction limit of Rs 10,000 without the requirement of registration of beneficiary. This service, called "quick transfer", is available through SBI's internet banking portal.

The current smartphone user base in India is at 400 million which is set to grow by leaps and bounds.