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Associated Press
New York, August 16, 2013
Walmart Stores Inc. cut its annual profit and revenue outlook as the world's largest retailer continues to deal with a tough economy at home and abroad.

New York, August 15, 2013
CEO John Chambers called the global economy \"challenging and inconsistent\" and the company said it is cutting about 4,000 jobs, or about 5 percent of its work force.

Anilesh S. Mahajan
August 14, 2013
The company reported a net loss of Rs 863 crore during the quarter, mainly because of foreign exchange fluctuations due to the depreciation of the Indian rupee.

BT Online Bureau
Mumbai, August 14, 2013
The steel major has reported a 90.51 per cent increase in net profit for the April-June quarter to Rs 1,139 crore, from Rs 597.88 crore in corresponding period in 2012-13.

BT Online Bureau
Mumbai, August 12, 2013
In volatile trade, the S&P BSE benchmark Sensex today advanced by 158 points - the most in over three weeks - on buying in metal, FMCG and healthcare stocks amid encouraging trade data and hopes of more steps by government to support the weak rupee.

Sanjay Singh
New Delhi, August 12, 2013
Cash-rich Qatar Airways is keen on a tie-up with the country's low-cost carrier GoAir as it does not want to be left behind archrival Etihad in the race for bilateral traffic rights, which provide Gulf carriers access to the huge Indian aviation market.

Associated Press
New York, August 8, 2013
After it fired Andrew Mason in February amid growing concerns about the company's financial performance, Groupon Inc has named co-founder Eric Lefkofsky as its CEO.

BT Online Bureau
New Delhi, August 8, 2013
The company said it will also introduce other applications on the Ace platform, including tankers, dumper placers, cargo vans, mobile retail vans, high-lift cherry pickers, mobile hoardings, high security cash vans and taxi and school applications in the Sri Lankan market.

New Delhi, August 8, 2013
The Reserve Bank of India's tightening moves have made Indian markets more vulnerable to global cues with share prices likely to fall, led by banking stocks, a Morgan Stanley said.

BT Online Bureau
Mumbai, August 7, 2013
Spicejet shares made a bullish opening on BSE and further surged 8.1 per cent to Rs 27.35 following reports that the company is in active discussions with Singapore-based budget carrier Tigerair for a possible stake sale.

BT Online Bureau
Mumbai, August 7, 2013
In highly volatile trade, the S&P BSE benchmark Sensex ended lower for the second day on Wednesday, losing over 68 points on sustained selling by investors who fear RBI might take more tightening measures to support falling rupee.

Associated Press
New York, August 6, 2013
Worldwide tablet shipments in the second quarter fell nearly 10 per cent to 45.1 million units from the first three months of the year.

Nidhi Singal
August 5, 2013
The smartphone maker is likely to launch new iPhones - most probably an iPhone 5S and a cheaper iPhone Lite - in India along with the US and European markets, possibly in second half of September this year, sources familiar with its plans said.

Arun Kejriwal
August 5, 2013
Next set of quarterly earnings, trend of foreign institutional investors (FIIs), the rupee's movement and global events will set trend in the truncated week.

BT Online Bureau
San Francisco , August 2, 2013
Beating analysts' predictions, the online professional networking service LinkedIn on Thursday reported that its revenue jumped 59 per cent to $363.7 million in the second quarter.

BT Online Bureau
Mumbai, August 2, 2013
While the 30-share Sensex fell further by 153.17 points to 19,164.02, the 50-share National Stock Exchange Nifty shed 49.95 points to 5,677.90.

Goutam Das
July 31, 2013
HCL Technologies reported encouraging revenue and profit numbers for the quarter ended June,lending credence to expectations of a recovery in the Indian software services industry.

Associated Press
July 30, 2013
Billionaire investor Carl Icahn is renewing his attack on Michael Dell's leadership and warning that the latest offer from the owner to buy the struggling PC maker bypasses an important shareholder safeguard.

BT Online Bureau
Mumbai, July 30, 2013
The BSE Sensex extended losses for the fifth straight session after the Reserve Bank of India kept interest rates unchanged, amid the rupee again falling below the 60-mark.

Mail Today Bureau
New Delhi, July 29, 2013
Kalanithi Maran-promoted, low-cost carrier SpiceJet is reported to be in advanced negotia-tions for a stake sale to a foreign airline. If the deal comes through, it would be the third in line after the Jet Airways-Etihad tie-up and AirAsia joint venture with the Tata Group.

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