COMPANIES

The western Indian state of Maharashtra, home to India's financial capital Mumbai, will need five million new homes by 2022.

India's junior finance minister Jayant Sinha tells FIIs New Delhi will back a stable tax policy.

Sainsbury's will remove 'department and deputy managers' from some stores and replace its night shift with early morning and evening shifts.

Morgan Stanley has received over 20 bids for its Australian realty unit Investa Property Group.

Regulators in China's Jiangsu province accused company of forcing local dealers into fixing prices on luxury cars and some spare parts.

Group operating profit was down by £16m in the first quarter.

Markets in Tokyo and Seoul scale new highs despite dismal China factory activity data.

Facebook's monthly active users were 1.44 billion as of 31 March, representing an increase of 13% year-on-year.

'This stock will have to be earned over time, and will also have to be earned by performance,' said Parker.

UK and US authorities are preparing to announce a settlement as soon as 23 April.

Chief executive Steve Easterbrook is set to announce revamping plans on 4 May.

First-quarter profit was $512m (£341m), a fall of 20% from a year earlier - but revenues are up 42%.

Outgoing CEO John Rishton wants to "have a little rest and spend some time with my family"

Members of the Department of Labor are urging Obama to lift the threshold to $51,000 (£33,917).

UK's biggest supermarket reported one of the biggest losses in UK corporate history.

Lewis speaks out after retail giant announced pre-tax losses of £6.4bn.

Indian auto major Mahindra & Mahindra is reportedly readying a bid for the car designer.

Tesco reported biggest losses in its history on April 22 totalling £6.4bn.

Coalition has made great strides in helping UK firms and next government must make further headway, says former Dragons' Den judge

The bank had incorrectly reported more than 35 million transactions and failed to report around 121,387 transactions over seven years.

The book value of Nokia's HERE maps business unit stands at €2bn.

Despite 100 business leaders signing a letter to support the Tories, a few have distanced themselves from it.

Gas giant Gazprom has 12 weeks to reply and can also request an oral hearing to present its arguments.

Young trees are pruned and trained as they grow over moulds to create beautiful furniture.

Volvo's shares surge 16% following news that it has replaced embattled CEO Olof Persson.

Markets in Tokyo and Shanghai scale new highs on 22 April.

Intensifying competition, Google's service would allow customers to pay only for amount of data they actually use each month.

Prime Minister Shinzo Abe looks to restart nuclear reactors to address Japan's rising energy needs, despite protests from activists.

'The results reflect ... an erosion of our competitiveness over recent years,' Tesco owned up.