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Micromax overtakes Samsung in India

2015-02-04 08:17:16| BBC News | Business | UK Edition

Samsung has been overtaken as the largest seller of smartphones in India by local budget brand Micromax for the first time, a research firm says.

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Ally Financial overtakes Wells Fargo as top U.S. auto lender

2014-12-01 18:29:53| Auto Dealers - Topix.net

Much of Ally's growth came from financing used car sales, an area where the former in-house finance arm of General Motors Co ( In recent years, banks expanded in the used car market as carmakers' in-house finance arms came to dominate the new car market. In the third quarter, 54.1 percent of used car purchases were financed with a loan, a record high.

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Microsoft overtakes oil giant Exxon as 2nd largest traded company

2014-11-15 23:57:02| Chemicals - Topix.net

After a $47 billion loss in market value, Exxon Mobil has lost its coveted second place spot in market capitalization to none other than technology kingpin Microsoft. Market capitalization is the metric by which companies are traditionally defined on the stock market - the total value of all a publicly traded company's outstanding shares, calculated using share price and number of shares.

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