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Ola cabs will dispense cash

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 logo

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
Mindtree Ltd

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

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
jet airways, jet airways q4 results, jet airways share price, aviation stocks, spicejet share price, spicejet q4 results

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
hospitality industry

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
nirav modi

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
Jet Airways

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
jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

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

Jet Airways has been staring at an abyss with more flights getting cancelled every day as lessors ground aircraft over the payment defaults. Mar 21, 2019
Flipkart Logo

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

The robots, also known as automated guided vehicles (AGVs), have been designed to carry small products place them in their designated area. Mar 20, 2019
Mindtree logo

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

The company founded in Bengaluru in 1999 has gone on to spread its wings across the world employing nearly 20,000 in 17 nations Mar 20, 2019
Larsen & Toubro

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

Urging Mindtree promoters to get over emotions and move forward, Subrahmanyan vows there will be no merger for 'some time'. Mar 20, 2019
nirav modi

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

Nirav Modi is wanted by Indian authorities in the Rs 13,500 crore PNB fraud case. Mar 20, 2019
Money rupee

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

A sudden surge in the inflow of dollars has sent the rupee to its highest level since August, prompting profit booking that led to the currency witnessing a drop on Tuesday after six trading sessions of continuous gains. Mar 20, 2019
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