Wipro share price declined 1.57 per cent in morning trade on Friday after the company for the third quarter of the fiscal gave a muted revenue growth guidance in the range of 0.5-2.5% in dollar terms. The IT major attributed this conservative guidance to larger number of holidays during the third quarter and the continued weakness in the energy vertical.

At 11.49 am, share price of Wipro was down 1.57 per cent at Rs 568.85. Sensex was trading 221.25 points up at Rs 27,508.91 during the same time.

NEW DELHI: Some food processing companies now brand their products as 'adulterant free' and 'toxic metal free', and work with farmers to ensure quality raw material, to differentiate themselves amid increasing consumer awareness and safety concerns.

LT Foods that sells Dawat brand of rice, for example, will market its soon-to-be-launched atta (flour) brand as toxic metal free. "We will be launching our atta under the Devaaya brand. It will be branded as lead free and will resonate our company's philosophy of selling safe produce," said Vivek Chandra, chief executive officer for global branded business at LT Foods.

STOCKHOLM: STOCKHOLM: Sweden's Volvo forecast another year of growth in the European heavy-duty truck market but slowing or flat sales in most other major markets next year, while sweeping cost cuts drove a bigger than expected rise in third-quarter core profit.

Volvo, a rival of German Daimler and Volkswagen's truck brands, said the European market was seen growing to 275,000 trucks in 2016 from an expected 265,000 this year, the highest level since before the 2008 FINANCIAL crisis.

NEW DELHI: Air India has for the first time approached states directly with an offer to provide connectivity to these regions with smaller aircraft available with its subsidiary Alliance Air, a move it hopes will fetch higher revenues.

Air India CMD Ashwini Lohani has written to all state governments offering Alliance Air aircraft for providing regional connectivity under the viability gap funding model.

Instagram unveiled a new feature allowing users to post one-second video "loops" in an effort to keep up with rivals offering animated images.

"Boomerang" is a new video application "that lets you turn everyday moments into something fun and unexpected," the Facebook-owned picture-sharing network said in a blog post.

Ideal Cellular has dipped 6% to Rs 143 on the BSE in otherwise firm market after the company’s July-September quarter (Q2) consolidated revenues slid 1.2% quarter-on-quarter (QoQ) to Rs 8,690 crore led by a fall in voice pricing and voice minutes of use due to an increasing rural subscriber base and seasonal effects.

Earnings before interest, tax, depreciation and amortization (EBITDA) margins declined 150bps QoQ to 35.2%. Net profit too declined 13.1% sequentially at Rs 809 crore, but it's better than analyst expectation of Rs 787 crore.

Telecom operator Reliance Communications is planning to roll out a third generation (3G) intra-circle roaming (ICR)-like agreement to continue 2G service in Bihar, West Bengal and Assam after its right to use 2G spectrum expires in December.

"RCom already has existing and valid ICR agreements with other telecom operators, predominantly Tata Teleservices and Aircel, to offer 2G global system for mobile (GSM) services to its customers in these three circles," a source privy to the development said.

One of India’s greatest opening batsmen Virender Sehwag announced on Tuesday that he will be retiring from all forms of international cricket and Indian Premier League (IPL).

Sehwag, celebrating 37th birthday today, had already hinted about his imminent retirement at a function in Dubai yesterday and he took barely a few hours to make it official.

When you think about smart TVs – and it’s hard to buy any other kind of TV these days – you probably picture something that looks like the image above: a big rectangular screen with a speaker and a stand under it. But Xiaomi’s new Mi TV 3, announced on Monday, is bucking that trend. In fact, Xiaomi is doing away with the most fundamental part of what we call a television: the screen.

To be clear, you can still buy a Mi 3 TV from Xiaomi that comes with a screen – a gorgeous, 60-inch 4K LG screen, to be specific. But with this model, Xiaomi has decoupled the smart TV’s brain from its screen, dropping it into a bar-shaped speaker called the Mi TV Bar that can be connected to any television to turn it into a smart TV running Xiaomi’s MIUI system. The Mi 3 TV doesn’t actually go on sale until November, but any screen – TV, computer monitor, projector – that’s in your home right now could essentially become a Xiaomi smart TV once you buy the bar, which costs RMB 999 ($157).

The foreign investment arm of India's top oil explorer ONGC is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing director said.

ONGC Videsh Ltd (OVL) hopes to capitalise on cheaper assets after a slump in oil prices and Prime Minister Narendra Modi's diplomatic efforts to boost the global presence of Indian firms.

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