Eli Lilly on Wednesday forecast 2018 earnings and revenue largely above analysts’ estimates in part due to strong demand for recently launched diabetes drug Trulicity and psoriasis drug Taltz. The company said it expected 2018 revenue of $23.0 billion to $23.5 billion and…
France’s privacy watchdog has issued formal notice to WhatsApp, asking the popular mobile messaging app to stop sharing user data with the parent company Facebook within a month. The Chair of the National Data Protection Commission (CNIL) had asked WhatsApp to provide…
Ride-sharing platform Ola on Tuesday announced it has acquired Foodpanda’s India business in exchange for Ola stock. The company also announced it will invest $200 million (approximately Rs. 1,282 crores) into Foodpanda’s India business over an undisclosed period of time. “Foodpanda India will benefit from…
Australia won back the Ashes after bowling England out cheaply despite rain delays and a pitch controversy to secure an innings win on the final day of the third Test in Perth on Monday. Having confirmed his status as the world’s best…
Expanding its home audio lineup, Sony India on Wednesday launched ‘SA-D40’ and ‘SA-D20’ speakers for Rs 8,490 and Rs 7,490, respectively. The ‘SA-D40’ is equipped with 4.1-channel surround-sound system and 80W power output while the ‘SA-D20’ comes with 2.1-channel surround-sound system and…
Industrial conglomerates GE and Tata Group have entered into a pact to manufacture “CFM International LEAP” engine components in India, for the global supply chain, a company statement said here on Thursday. According to the statement, the two companies also evinced intention…
Leading the Indian team in the absence of rested skipper Virat Kohli, Rohit Sharma demolished the Sri Lankan bowlers, recording his third ODI double hundred which pushed the Lankans out of the contest in the second match of the series on Sunday…
Walt Disney Co on Thursday agreed to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock. Fox assets that will be sold to Disney, include the Twentieth Century Fox movie and cable networks….
Hike Messenger, India’s first homegrown messaging platform, today announced new social features for Groups, all built inside the chat and available at a single click. Groups can use – Vote, Bill Split, Checklists, Events with Reminders and even Teen Patti – with…
German car maker Volkswagen on Thursday said it will increase prices across its range of models by up to Rs 20000 from Jan, 2018. Steffen Knapp, Director, Volkswagen Passenger Cars said, “The price increase is essential on account of several external economic…
