Free Press Journal
  • With $61.1 billion in revenue, Apple bullish on Indian market

    San Francisco: As Apple posted a healthy revenue of $61.1 billion for its fiscal 2018 second quarter — defying global reports of a weakened demand for its iPhones — the company’s CEO Tim Cook said he will now put great energy into the growing Indian market.

  • Walmart likely to reach deal to buy Flipkart by June-end

    New Delhi : US retail major Walmart is in discussion with Flipkart to buy a majority stake in the Indian e-commerce company, and reach a deal by the end of June, according to sources close to the development.

  • Uber looks to boost India investment

    New Delhi : Uber chief executive Dara Khosrowshahi is committed to investing further in the Indian market but also keeping a sharp eye on “eventual profitability”, as the US-based cab aggregator ramps up operations in the country.

  • Toyota, Suzuki to sell each others’ models in India

    New Delhi : Japanese auto majors Toyota Motor Corporation and Suzuki Motor Corporation on Thursday said they have agreed to sell hybrid and other vehicles to each other for the Indian market.

  • ‘2017 was the beginning for acquisitions’, says Robin Raina

    NASDAQ-traded Ebix Inc has been on an acquisition spree across Asia since early 2017. The software solutions provider expects to pursue both the organic and inorganic growth routes in 2018. Speaking to the Free Press Journal’s Jescilia Karayamparambil, Robin Raina, Chairman, Ebix, said the firm aims to be the largest financial and insurance solutions provider.

  • Budget 2018 impact: Market rout erodes Rs 9.6 lakh cr investor wealth in 3 days

    New Delhi: Stock market bloodbath has wiped out a staggering Rs 9.6 lakh crore from investor wealth in three days with the rout continuing amid sell-off in world markets. The BSE benchmark Sensex slumped 1,274.35 points to hit the day’s low at 33,482.81 today. Post the Union Budget on February 1, the 30-share index has plummeted by 2,164.11 points.

  • VW mulls fresh investments in India

    New Delhi : German auto major Volkswagen Group is evaluating various options for the Indian market, including fresh investments for a completely new product range in the country, according to a company official. The Volkswagen (VW) group has various brands including Audi, Volkswagen and Skoda — in the Indian market. On a standalone basis, VW also sells the Polo, Ameo and Vento here.

  • Ola raises $1.1 bn, in talks for another $1 bn

    The funding will help Ola bolster its position against the US-based rival Uber. The two are locked in an intense battle for leadership in the Indian market and have pumped in millions of dollars in driver incentives and discounted rides.

  • Ola gets $2 bn funding from SoftBank, Tencent

    Ola and Uber are engaged in an intense battle for leadership in the Indian market and have pumped in millions of dollars in driver incentives and discounted rides for customers,

  • Stock Market tips: Look before you leap

    Nikunj Gandhi takes a stock of the situation when everybody around him is betting on which funds to invest and which shares to sell

  • ‘Unemployed’ Australian cricketers look for endorsements in Indian market

    The current Australian players available for brand endorsement could be a win-win situation for the Indian corporates as a David Warner or Steve Smith, with their fan following, can be roped in at a lower cost than a Virat Kohli or Mahendra Singh Dhoni.

  • Dealers fear 15k job loss post GM’s exit, ask govt to intervene

     New Delhi : Protesting dealers of General Motors, which is exiting the Indian market, on Tuesday said around 15,000 people will lose jobs due to the auto major’s move and the government should intervene in the matter.

  • OnePlus 5 to be launched in India soon; All you need to know

    New Delhi: The most anticipated OnePlus 5, the flagship smartphone by the Chinese manufacturer OnePlus, is confirmed to be launched on June 22nd at an event in Mumbai. The launch event will be hosted by the global leadership team of OnePlus, along with the OnePlus founder and CEO Pete Lau in attendance.

  • Sensex gripped by US rate hike fears, slips into red zone

    Mumbai: Market showed some signs of restraint as the Sensex ended up in the red today after RIL earnings failed to move investors and on heightened prospects of a US rate hike amid mixed Asian cues.

  • Lexus to bebut in India with 3 new models

    It’s been a long time coming but the Lexus luxury car brand reportedly seems to be finally closing in on its Indian debut. And if speculations are to be believed, the Toyota-owned automaker will get the ball rolling in the country with three new models- the RX SUV, the ES sedan and the RC-F coupe.

  • MV Agusta

    Kinetic To Bring More Superbike Brands To India

    Pune-based Kinetic Group has partnered with Italian superbike manufacturer MV Agusta to sell its exotic bikes in the Indian market from its ‘Motoroyale’ dealerships. The company is also taking care of the aftersales service for the bikes in the country. Not only this, Kinetic is also assembling the MV Agusta F3 800 for the Indian market at its Ahmednagar plant, while the F4 and the Brutale 1090 are coming as CBU. A