Ajay Piramal does it again, sells data analytics business for a profit of Rs 3,350 crore

Piramal group chairman Ajay Piramal has done it again – the art of investing in profitable future businesses and exiting at the right time with handsome profits. Piramal, who bought the US-based health information company Decision Resources Group (DRG) for $635 million (then valued at Rs 3,400 crore) in May 2012, today announced to sell it to the US-based […]

Galaxy S7, Galaxy S7 Edge Help Samsung Extend Lead Over Apple: IDC, Strategy Analytics

HIGHLIGHTS Samsung got a lift from the March launch of its Galaxy S7 and S7 Edge 77 million Samsung smartphones were sold in the quarter: IDC According to Strategy Analytics, Samsung had 22.8 percent marketshare Samsung extended its lead in the global smartphone market over Apple in the second quarter, gaining from the launch of […]