Business news

British Airways cancels nearly all flights due to pilots' 48-hour strike

British Airways has stated that the strike action is unjustifiable as its pay offer was fair.

Sep 9, 2019

Satyam scam: SAT quashes 2-year audit ban on PwC in major setback for SEBI

Satyam Computer Services founder B Ramalinga Raju had publicly admitted to large-scale financial manipulations to the tune of over Rs 5,000 crore in the company's books.

Sep 9, 2019

BENGALURU, IndiaMicrosoft Chief Executive Officer Satya Nadella and Flipkart Group Chief Executive Officer and co-founder Binny Bansal attend a news conference in Bengaluru, India, February 20, 2017. REUTERS/Abhishek N. Chinnappa

Binny Bansal turns professional investor; to set up $400 million VC fund

The move is significant for Indian entrepreneurs as this is the first time an established tech entrepreneur is turning into a full-time investor.

Sep 9, 2019

Ex-Paytm executive Sonia Dhawan rejoins Vijay Shekhar's firm

Dhawan, the prime accused in an alleged extortion case involving Vijay Shekhar Sharma will be joining Paytm's gaming platform "First Games" as Vice President of Corporate Communication.

Sep 7, 2019

Slowdown will not hit social sector spending: Nirmala Sitharaman

The minister said the government was yet to take a call on how it would use the surplus reserve of Rs 1.76 lakh crore it has received from the Reserve Bank of India.

Sep 7, 2019

It's official: Cognizant CEO announces job cuts by October end

Notably, since he took over as Cognizant's CEO in April, his main focus has been on the company's cost competitiveness.

Sep 6, 2019

What is driving Mukesh Ambani's pivot away from oil to lifestyle retail?

A recent $15-billion deal with Saudi Aramco has helped the world's largest refiner Reliance Industries deleverage the balance sheet and cut debt while freeing up resources to power diversification away from core petrochemical sector.

Sep 6, 2019

OYO Rooms refutes hotelier's charges after Bengaluru police registers case against CEO

We strongly refute the claims made in the complaint that has been wrongfully filed against our Founder and two other office bearers, said OYO.

Sep 6, 2019

Will Airbus' move to expand digital services centre in Bengaluru boost Make in India?

European aircraft maker plans to double the staff in its information management centre in Bengaluru to reduce outsourcing.

Sep 5, 2019

Boeing MAX 737 likely to show global record in insurance payout, says S&P

Although the aerospace insurance and reinsurance market will face aircraft hull and passenger liability claims, the bulk of the overall exposure will come from grounding liability coverage.

Sep 4, 2019

Rakesh Jhunjhunwala loses Rs 200 crore as market plunges more than 700 points

Discouraging economic data, trade war and tepid growth have created a negative sentiment among the investors, leading to huge selling on Dalal Street on Tuesday.

Sep 4, 2019

IDBI bank gets fresh lifeline as cabinet approves ₹9257 crore infusion

Notably, the proposed money will be released as a part of the government's plan to recapitalise the national banks with a fund infusion of Rs 70,000 crore in the current financial year.

Sep 3, 2019

Nifty, Sensex slump 2% after dismal growth data

The broader NSE Nifty ended down 2.04% at 10,797.9, its biggest drop since July 8, while the benchmark BSE Sensex closed 2.06% lower at 36,562.91 in its worst day since October 11.

Sep 3, 2019

Saudi Arabia replaces Aramco chair with wealth fund chief ahead of IPO

The appointment of Al-Rumayyan, already an Aramco board member, comes as part of the Saudi authorities' preparations to sell shares in the world's biggest oil exporter.

Sep 3, 2019

Swiggy blinks, may cap its commission to 25% after meeting with restaurant owners' body

Last month, more than 300 restaurants in Gurugram de-registered themselves from online apps including Swiggy, Zomato and Easydiner

Sep 2, 2019

Prev 236 237 238 239 240 241 242 243 244 245 Next

Business news

British Airways cancels nearly all flights due to pilots' 48-hour strike

Satyam scam: SAT quashes 2-year audit ban on PwC in major setback for SEBI

Binny Bansal turns professional investor; to set up $400 million VC fund

Ex-Paytm executive Sonia Dhawan rejoins Vijay Shekhar's firm

Slowdown will not hit social sector spending: Nirmala Sitharaman

It's official: Cognizant CEO announces job cuts by October end

What is driving Mukesh Ambani's pivot away from oil to lifestyle retail?

OYO Rooms refutes hotelier's charges after Bengaluru police registers case against CEO

Will Airbus' move to expand digital services centre in Bengaluru boost Make in India?

Boeing MAX 737 likely to show global record in insurance payout, says S&P

Rakesh Jhunjhunwala loses Rs 200 crore as market plunges more than 700 points

IDBI bank gets fresh lifeline as cabinet approves ₹9257 crore infusion

Nifty, Sensex slump 2% after dismal growth data

Saudi Arabia replaces Aramco chair with wealth fund chief ahead of IPO

Swiggy blinks, may cap its commission to 25% after meeting with restaurant owners' body

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]