Industry
India pips US as second-largest smartphone market
03 Feb 2016
India has topped the United States to become the second largest smartphone market behind China
US medical device maker Stryker to buy Sage Products for $2.78 bn
02 Feb 2016
While the US market accounts for the bulk of its sales, Stryker has been recently trying to focus and expand in emerging markets like India, Brazil, and China
Sahara funnelling small savers’ money into Aamby Valley
01 Feb 2016
Sahara has ploughed at least Rs1,500 crore from two of its credit cooperatives into the Aamby Valley resort project through investments in preference shares, according to documents filed with the companies regulator
Russia weighs Opec proposal for oil production cutbacks
29 Jan 2016
A combined reduction in oil production could immediately reduce global supplies of crude oil by around 1 million barrels per day
Theranos under increasing regulatory fire
29 Jan 2016
US regulators have found serious shortcomings at a medical laboratory run by Theranos, the latest in a series of setbacks for the blood testing start-up founded by billionaire entrepreneur Elizabeth Holmes