COMPANIES

Foxconn will invest $5bn over next five years in new plant in Pune in Maharashtra.

Company close to signing agreement to buy Precision Castparts, which makes aircraft components and energy-production equipment.

Company cites global challenges in resources sector among reasons for job cuts.

Current Twitter board consists of three former CEOs – Jack Dorsey, Ev Williams and Costolo – a rarity in corporate world.

Second-quarter results were impacted by lower investment gains and underwriting losses in insurance business.

The Indian-owned car maker has seen a slowdown in sales

Theme park operator has been sinking under the weight of mistreatment allegations.

The Employees Provident Fund Organisation (EPFO) will invest Rs 50bn in two exchange traded funds.

Profits slid 12% to £155.7m in the first half of 2015 after tax reforms to the gambling industry.

Springleaf Holdings, which is set to acquire unit, says deal would be delayed beyond third quarter.

Informatica has been delisted from Nasdaq after it was taken private in a $5.3bn buyout.

Activist investor is expected to pressurise Mondelez board to boost earnings or sell itself.

UK's Competition and Markets Authority could fine the companies 10% of their global turnover, if found guilty.

Mining giant battered by falling prices

Aviva reported £545m ($850m, €781m) after tax profits for first half of the year, as it digests the costs of integrating Friends Life.

Walkie-talkie maker also planning $2bn buyback of shares.

Runtastic will remain its own entity and continue to operate from its current offices.

In July, airline's traffic increased 11% year over year to 10.14 million customers.

George Osborne was criticised for allowing hedge funds to generate huge profits.

Global Infrastructure Partners is appointing advisers with target to complete sale of airport in 2015.

More floating boats will be launched to serve other remote islands.

Workers at Reward Gateway received windfall after £140m buyout by Great Hill Partners

Talks between London Underground and unions broke down on 3 August over Night Tube shifts.

Chinese smartphone maker Xiaomi is second-biggest at valuation of $46bn, followed by Airbnb at $25.5bn.

The investment bank reported a disappointing set of results for the first half

Legal & General reported an 8% rise in profits to £547m for the first half of this year.

A source at Barclays told IBTimes about activities involving recently launched Ethereum at some big banks in London.

Company in talks with Indian firms Adani Enterprises, Micromax and Snapdeal to set up factories.

Baxalta says proposal significantly undervalues company and its prospects for growth and value creation.