Search engine giant Google Inc on 10 August 2015 launched a new parent company called Alphabet Inc to separate its highly profitable search and advertising business.
The Competition Commission of India (CCI) imposed a penalty of 420.26 crore rupees on Hyundai Motors India Ltd (Hyundai). Hyundai is one the three car companies which were found to be guilty of involving in anti-competitive practices in contravention of the Competition Act, 2002. The other two companies are Mahindra Reva Electric Car Company (P) Ltd and Premier Ltd.
The Forbes Asia’s Fabulous 50 list of the year 2015 was released on 22 July 2015. The Fab 50 list is an annual honor roll highlighting some of the brightest stars in the Asia Pacific. The companies from China dominate this year’s list that depicts the region’s best big publicly traded companies.