Business news

TRAI wants to remove 100 daily SMS limit: What does it mean for users?

The Telecom Regulatory Authority of India (TRAI) released a draft regulation that aims to remove the current limit of 100 SMS on the users.

Feb 20, 2020

Relief to government contractors as coronavirus covered under 'Force Majeure Clause': What it means?

The Ministry of Finance invoked the Force Majeure Clause for coronavirus outbreak as it impacts trades in India. Here's what it means for companies.

Feb 20, 2020

Jeff Bezos pledges $10 billion to fight climate change

In an Instagram post, Amazon Founder and CEO said he is launching an initiative called the "Bezos Earth Fund".

Feb 19, 2020

Play

HSBC layoffs 2020: London-based bank to axe up to 35,000 jobs in massive overhaul

Europe's biggest bank by assets, which has long underperformed rivals, reported profit before tax of $13.35 billion for 2019 versus $19.89 billion a year earlier.

Feb 18, 2020

Microsoft's third R&D hub in India creates jobs for 'thousands of engineers'

After Bengaluru and Hyderabad, Microsoft expands to Noida with its third India Development Centre (IDC).

Feb 17, 2020

Play

Cheaper Chinese Television effect: Sony slashes 120 jobs in India

Sony is facing a tough time in India with the market flooded with cheaper Chinese alternatives.

Feb 17, 2020

Play

Airtel deposits Rs 10,000 crore AGR dues to telecom department; Vodafone Idea to pay next

Bharti Airtel said it is in the process of self-assessment of accounts and will duly make the balance payments before the next date of hearing (March 17). According to DoT, Bharti Airtel owes Rs 35,500 crore to DoT.

Feb 17, 2020

tata group bombay house ratan tata cyrus mistry removal tata sons companies market cap going by tcs tata motors steel voltas london europe speculation successor

Tata Trusts appoints new CEO: Srinath Narasimhan takes charge on April 1

Tata Trusts observed two major changes in upper management. Here's everything you need to know.

Feb 12, 2020

startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring

Play

Here's why Indian startups are registering their businesses abroad

Interestingly, India major start-ups including Oyo, Curefit, Lenskart, Urban Company and Paytm First Games, which began their operations in India are now also registering their new investment units in Singapore or the United States.

Feb 12, 2020