The company has said that the first IKEA product prototype, which will be based on rice straw, will be ready by this year end. The products will be officially sold in IKEA's India stores in 2019-2020.

The controversy is likely to cast a shadow over the South's biggest conglomerate, which eyes pharmaceutical and healthcare businesses as a future engine for growth beyond its flagship businesses of mobile handsets and microchip production.

Amazon's choice largely bypassed the middle of the United States, where many cities had hoped for an economic boost and bid for the new jobs.

Reliance Industries dethroned Tata Consultancy Services from the top spot, clocking growth of 50.8%. HDFC Bank retained the third position.

Strategies such as localisation as well as premiumisation and an entrepreneurial work culture have enabled HUL become the fifth most valuable company in BT 500.

TCS, RIL and Infosys took a severe beating in market valuation while only two bluechips, HDFC and ICICI Bank, managed to record gains in market capitalisation this week.

Yahoo has agreed to pay $50 million in damages and provide two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the biggest security breach in history.

Topping the list and maintaining its lead is US with a brand value of $25,899 billion which rose by 23% from last year.

Operating without a margin of safety could lead to dire consequences.

The climbdown comes three weeks ahead of a vote on the plan and is a significant victory for UK shareholders big and small.

Companies need to imbibe a service-oriented culture as customer empathy and engagement matter most in the long run.

Interpol issues red-corner notice against Nirav Modi's sister Purvi ModiAfter the Interpol issued a red-corner notice (RCN) against a close aide of diamantaire fugitive Nirav Modi, Mihir Bhansali, it has issued another notice against Purvi Modi, who is a Belgian national and the sister of Nirav Modi. The RCN has been issued on the request of the Enforcement Directorate to the Interpol, as the ED seeks to interrogate her on the alleged charges of 'money laundering'.After Bharat Ban...

Couple of months after its launch that disrupted the telecom industry with its cheap data plans and wide availability, Jio rushed to the 11th spot.

Uber in talks with Indian regulators to understand modalities of aerial taxis; HDFC Bank is India's most valued brand for 5th year in a row; Electric vehicles, green automobiles to be exempted from permit requirements, says Nitin Gadkari; Interpol issues red-corner notice against Nirav Modi's key man. Watch this episode of Business Wrap.

The two-day summit will see over participation from over 2000 industry giants like Mahindra and Mahindra, Hero MotoCorp, Maruti Suzuki, and several other stakeholders from research, academia and civic society.