Business news

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

Auto sales continue to decline in August

Tata Motors reported a 49 percent slump in its domestic sales on a year-on-year (YoY) basis at 29,140 units.

Sep 2, 2019

Apple plans to increase its footprints in India, to open 2-3 offline stores

The decision by Apple to increase its presence in India has been taken amid global smartphone manufacturers reiterating their commitment to the Indian market.

Sep 1, 2019

Maruti Suzuki sales fall 33% in August

The company sold a total of 1,06,413 units, including exports, last month, compared to 1,58,189 vehicles in August 2018.

Sep 1, 2019

Watch: K.T. Rama Rao's 'Make in India' pitch to OnePlus leaders uses Hyderabadi biryani, dosa as incentive

K.T. Rama Rao, during OnePlus R&D inauguration ceremony, appealed Pete Lau to invest in Hyderabad and make the city their base for future ventures, including manufacturing.

Aug 31, 2019

Truce on cards: Online food delivery apps to consider NRAI demands

Restaurants have been protesting against deep discounts provided by online food apps. They have argued that the model on which these apps are running is hurting their business and unsustainable in the long term.

Aug 30, 2019

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Business news

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

Auto sales continue to decline in August

Apple plans to increase its footprints in India, to open 2-3 offline stores

Maruti Suzuki sales fall 33% in August

Watch: K.T. Rama Rao's 'Make in India' pitch to OnePlus leaders uses Hyderabadi biryani, dosa as incentive

Truce on cards: Online food delivery apps to consider NRAI demands

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]