Alibaba sales growth soars into the cloud

"Alibaba Group had a great quarter," chief executive Daniel Zhang said in a statement on the firm's second quarter, which ended in September.
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ICICI Prudential Life Insurance insurer saw a 87.1 percent growth in FY17 in protection business to Rs 260 crore in terms of annualised premium equivalent (APE).
The overall deal space is on a slow lane because we are into the earning season but some of the large transactions in private equity space have taken place but the private equities have made some he
CITY OF SAN FERNANDO -- The Bureau of Customs collected P104.9 billion in revenue for the first quarter of the year, up 0.6 percent from the P104.28 billion collection target set for the period. The B
CNBC-TV18 accessed the form 483 which includes the two observations. While the first observation says that the pharma major#39;s Srikakulam lab records do not include a complete record of all data,
SEVEN industrial and economic zones in Mindanao are being eyed to be developed and established as part of the National Economic and Development Authority (Neda)'s Mindanao Strategic Development Framew
TWELVE airports in Mindanao are eyed to be modernized and upgraded to meet international standards as part of the Mindanao Strategic Development Framework (MSDF) 2020 of the National Economic and Deve
Tata group hospitality firm Indian Hotels Co Ltd today said Shapoor Mistry has resigned as director of the company with immediate effect.
Government says restaurants and hotels can no longer charge service charges from customers. But does the industry agree?
SAN Miguel Brewery Inc. (SMB) will be opening a new brewery, its second in Mindanao, next year in Barangay Sta. Ana, Tagoloan town, Misamis Oriental. SMB President Roberto Huang said the brewery will
Indiabulls Housing Finance has raised Rs 225 crore by issuing debt bonds on a private placement basis.
The Income Tax department has issued a Rs 24,646 crore tax demand notice to Sahara Group#39;s Aamby Valley Limited (AVL) after conducting a special audit of the company.
Auto industryâ??s long, assiduous and fierce campaign against the Environment Protection Control Authorityâ??s (EPCA) efforts to illegalize the sale of Bharat Stage 3 vehicles from April 1 this year
EVEN with several countries issuing travel advisories discouraging travel to Cebu, a property consulting firm believes the effects of such warnings on local tourism will be short-term. In a statement,
BELLE Corp. realized consolidated net income of P783 million for the first quarter of 2017, which is close to double its first quarter 2016 consolidated net income of P413 million. The company’s opera
SM Prime Holdings, Inc. (SM Prime) plans to spend at least P50 billion a year over the next two years to support its developmental goals. SM Prime is allocating 80 percent of its capital expenditure o
THE Service Management Program Plus (SMP+), a course on higher-value IT-BPM services, will be offered in Cebu next month through the Cebu Educational Development Foundation for Information Technology
SUN Savings Bank starts offering today a new three-year time deposit (TD) with an interest rate of 4.5 percent per annum. As a special feature, the interest will be paid one year in advance at the da
Economic growth has led to a spurt in energy demand. While sustainable development is a buzzword today, sustainability as part of a business process is a challenge that industry faces. CNBC-TV18 cel
Counting will start at 8 AM and the results are likely to be declared by 11 AM today.
Eicher Trucks Buses, a part of VE Commercial Vehicles, today launched a new range of heavy duty trucks with BS IV technology.
Realty firm Brigade Enterprises plans to raise up to Rs 500 crore through private placement of shares to institutional investors for future growth of the company.
CNBC-TV18 learns from sources that the NHAI has made a fresh push to resolve disputes in the infrastructure sector. Ashpreet Sethi joins with the details.
Vistara CEO Phee Teik Yeoh and Gurjot Singh Malhi, Advisor to CEO, held detailed discussion on this with Punjab Chief Minister Captain Amarinder Singh here, an official spokesman said.
To be fair, Dollar has been quietly working on its image â?? and sales â?? after its brand ambassador and Bollywood actor Akshay Kumar crackled the airwaves with the now famous tagline â??Fit Hai Bo
Patanjali Ayurved clarified that the amla juice does not fall in the purview of the safety standards set by the countryâ??s food regulator Food Safety and Standards Authority of India (FSSAI).
In an interview to CNBC-TV18, Amit Sheth, MD of Focus Lighting Fixtures spoke about the latest happenings in his company.
The Competition Authority of India (CAI) should probe the allegations, since the voices of IT employees are not heard by Nasscom and IT companies, NCU Chairman JSR Prasad told PTI.
Powered by #39;neural machine translation#39;, users will be able to translate between English and nine widely-used Indian languages â?? Hindi, Bengali, Marathi, Tamil, Telugu, Gujarati, Punjabi, Ma
The limited edition, Polo GT Sport will be available across both petrol and diesel variants of Polo GT, Volkswagen Groups Sales India said in a statement.
The company has received "final approval from the United States Food and Drug Administration (USFDA) to market olmesartan medoxomil tablets in the strengths of 5 mg, 20 mg and 40 mg", Cadila Healthc
Serum Institute of India has acquires a biopharma company Nanotherapeutics based in Czech Republic. This acquisition size is 72 million euros with the further investment required over the next two-t
Things are getting ugly for Ola drivers as lenders are withdrawing their support, adding to the driversâ?? woes after the cab-aggregator cut down their incentives.
The company had filed draft papers with the Securities and Exchange Board of India (Sebi) in January. It had obtained #39;observations#39; from the regulator on April 13, which is necessary for any

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