Cyberattack on Dr Reddy's Labs sharp reminder to strengthen digital infrastructure: Analysts

New Delhi (IANS) The cyberattack on Dr Reddy's Labs came as a sharp reminder to strengthen its digital infrastructure and tighten cyber security control measures, according to analysts.

According to a report by HSBC, damage control and…

Airtel Africa's Jul-Sep net profit down 8.8%

New Delhi (IANS) Airtel Africa on Friday reported a fall of 8.8 per cent in its net profit on a year on year (YoY) basis at $88 million for the quarter ended September.

The company's revenue for the period under review was $965 million…

Flipkart to acquire 7.8% stake in Aditya Birla Fashion for Rs 1,500 Cr

Bengaluru (IANS) Flipkart Investments will pick up 7.8 per cent stake in Aditya Birla Fashion and Retail Limited (ABFRL) with an investment of Rs 1,500 crore.

The equity capital will be raised at Rs 205 per share. The promoter and promoter…

Equity indices in red, healthcare stocks plunge

Mumbai (IANS) The key Indian equity indices traded in the red on Thursday morning with the BSE Sensex trading over 130 points lower.

Heavy selling pressure was witnessed in the healthcare stocks. Auto and banking stocks also were largely on…

Wipro, SAP collaborate to help organisations boost productivity

Bengaluru (IANS) Wipro on Thursday announced it has entered into an agreement with enterprise application software provider SAP to offer advanced customer-specific content and training assets and boost productivity.

The collaboration will deliver…

Kirloskar Brothers promoters, directors found guilty of insider trading

Mumbai (IANS) The Securities and Exchange Board of India (SEBI) has found that the promoters and directors of Kirloskar Brothers Ltd (KBL) had violated norms on prohibition of insider trading as they traded in the scrip of KBL while in possession…

Khadi launches footwear range, eyes Rs 1,000 cr share in market

New Delhi (IANS) Eyeing on the Rs 50,000 crore footwear market in India, Khadi Village Industries Corporation (KVIC) on Wednesday launched a range of footwear for men and women made of Khadi fabric and said that it plans to tap the Rs 1,000 crore…

Sensex above 40,900; banking, finance stocks rise

Mumbai (IANS) The key Indian equity indices gained on Wednesday morning with the BSE Sensex trading above 40,900 mark.

Healthy buying was witnessed in banking and finance stocks.

At 10.42 a.m., Sensex was trading at 40,909.76, higher…

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

New Delhi (IANS) The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore.

Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before…

Railways approve JSPL produced rails for high-speed corridors

New Delhi (IANS) Indian Railways will get almost its entire requirement of speciality grade rails for the proposed high speed corridors from the domestic market.

Domestic steel maker JSPL has successfully developed 60E1 1175 Heat Treated (HT)…