Business news

Ola's aggregator license suspended in Bengaluru for 6 months, around 300 vehicles impounded

Ola told International Business Times, India, that they are evaluating all options to find an amicable solution.

Mar 22, 2019

Facebook confesses to storing 600 million users' passwords in plain text for years

The bug was unearthed during a security review in January and was reported by Brian Krebs, a cybersecurity writer. Facebook, in a blog post, explained the situation and said that they have fixed the bug.

Mar 22, 2019

Are Mindtree founders foolish, lower middle class folks?

Builders have arrived with excavators, bulldozers, chainsaws and cranes to destroy the tree, says Mindtree founder Subroto Bagchi.

Mar 22, 2019

Oracle India joins tech giants announcing massive restructuring, sacks 100 employees

Software developers, quality assurance and documentation professionals have been badly impacted by the announcement.

Mar 22, 2019

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Jet Airways pilots say they pawn mothers' jewels to survive without salaries

Etihad has refused to further invest in Jet Airways and it is still uncertain if State Bank of India (SBI), which leads a group of lenders, will be able to figure out a turnaround.

Mar 22, 2019

You will now get free Wi-Fi at Cafe Coffee Day outlets across Bangalore and New Delhi

Who is VG Siddhartha? The restless entrepreneur and sagacious investor

Cafe Coffee Day founder Siddhartha offloaded his 20.32 per cent stake in Mindtree that he picked up over the years for an estimated Rs 340 crore for a whopping Rs 3,270 crore.

Mar 22, 2019

MakeMyTrip files case against EaseMyTrip; does brand name-identical Google Adword infringe IPRs?

MakeMyTrip claims EaseMyTrip's use of the Adword is in violation of the trademark law and has raised the cost of its Google Search Network advertisements.

Mar 21, 2019

Will Nirav Modi's extradition be quicker than Vijay Mallya's?

The CBI and ED officials feel that they can get Nirav Modi to India in six months. Both the Indian and the UK authorities have called the fugitive diamantaire's arrest as a "big success".

Mar 21, 2019

Nearly 260 Jet Airways pilots appear for SpiceJet interview ahead of April 1 strike

This comes days before the April 1 deadline that the pilots have set to stop flying unless their dues are cleared or a letter of intent is signed saying that their dues will be cleared. The staff — pilots, aircraft engineers and the senior management — is known to have three-months of payment due.

Mar 21, 2019

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Business news

Ola's aggregator license suspended in Bengaluru for 6 months, around 300 vehicles impounded

Facebook confesses to storing 600 million users' passwords in plain text for years

Are Mindtree founders foolish, lower middle class folks?

Oracle India joins tech giants announcing massive restructuring, sacks 100 employees

Jet Airways pilots say they pawn mothers' jewels to survive without salaries

Who is VG Siddhartha? The restless entrepreneur and sagacious investor

MakeMyTrip files case against EaseMyTrip; does brand name-identical Google Adword infringe IPRs?

Will Nirav Modi's extradition be quicker than Vijay Mallya's?

Nearly 260 Jet Airways pilots appear for SpiceJet interview ahead of April 1 strike

Jet Airways in free fall as Etihad pulls out of rescue deal

Flipkart introduces robots in Bengaluru workspace; do humans have reason to worry?

Who are the Mindtree promoters in last ditch battle to save their company?

L&T's Rs 10,733 crore bid for Mindtree not a 'hostile takeover', says CEO Subrahmanyan

BREAKING NEWS: Fugitive billionaire Nirav Modi arrested in London; to be produced in court

Rupee makes a turnaround amid optimism over PM Modi's re-election, becomes Asia's best-performing currency

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]