Of the six products and research prototypes showcased at the Philips Innovation Centre here , two cutting-edge innovations by healthcare major Royal Philips hold tremendous technological promise, particularly when it comes to addressing key challenges of the Indian healthcare sector. One, a compact, portable ultrasound solution, which comprises no...

Doha Bank, the second largest Qatari lender, will be opening its first branch in Mumbai next month and has set a target of $5 billion balance-sheet by the third year of operations in India. The bank got permission from the Reserve Bank of India (RBI) to open the branch...

German luxury car manufacturer Audi reported sales of more than 10,000 units in a single financial year after becoming the first luxury car maker to sell 10,000 units in a calendar year in 2013. In a statement, the company said it recorded sales of 10,126 units in the April...

IDFC, on Friday, said that the new bank would be the only subsidiary that would be listed from day one. The assets in the IDFC balance-sheet would move to the bank’s balance-sheet, it added. “The existing shareholders will hold 100 per cent of the bank, partly through direct ownership...

Toyota Kirloskar Motor said that about 300 of the 4,200 union members have signed the contentious “good conduct undertaking” and have returned to work at the two plants in Bidadi, where production has been hit for about three weeks now following a lockout and an ongoing workers’ agitation. However,...