TCS acquires Postbank; Cube Infra buys Delhi-Agra highway

TCS acquires Postbank Systems from Deutsche Bank AG Tata Consultancy Services (TCS) said on Friday it has completed the acquisition of 100 per cent shares of Postbank Systems (PBS) from Deutsche Bank AG. PBS is an IT service company that...

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India starts to export moringa (drumstick) powder to US

The first shipment of exported drumstick (Moringa Oleifera) powder left India for the United States on December 29.  India exported 20 tonnes (metric tons) of organic certified moringa powder as a nutritional supplement through an air consignment to the United...

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Indian govt to act against US e-comm cos after complaints from local traders

Following complaints by the Confederation of All Traders for violating Foreign Direct Investment violations, the government of India directed its Enforcement Directorate and Revenue Bank of India to penalize Amazon and Flipkart. A dispute between e-commerce giants Amazon, Flipkart, and...

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Electronics maker Dixon ties up with Motorola to make smartphones in India

Indian electronics company Dixon Technologies gained 5% after its subsidiary tie-up. India's electronics manufacturing company Dixon Technologies shares went up by 5% on Monday after it  entered into a deal with US smartphone manufacturer Motorola. Padget Electronics, a wholly owned...

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Tesla to start ops in India soon, India’s minister says

EV maker to begin with sales, Minister of Road and Transport Nitin Gadkari announced today. India’s Minister of Road Transport and Highways Nitin Gadkari announced on Monday that US electric vehicle (EV)  and clean energy company Tesla Inc will start...