Business news

New Air India boss bets on people power to fix ailing carrier

Ashwani Lohani, an engineer and tourism bureaucrat with no experience running an airline, describes his job as "the ultimate challenge".

Oct 15, 2015

Market watch: Sensex extends losses, gold prices soar

TCS shares plunged by over 4% following the company's second quarter results.

Oct 14, 2015

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Edmund Shing: Budget airlines EasyJet and Ryanair soar toward investment success

Strong passenger growth and full flights mean its a great time to invest in budget airlines.

Oct 14, 2015

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San Francisco: Suicide nets to be installed at Golden Gate Bridge

San Franciscos iconic Golden Gate bridge, one of the most popular tourist sites in California, is getting a $76m safety net of steel wires.

Oct 14, 2015

Apple may face $862 million in damages after losing patent lawsuit to University of Wisconsin

Apple has lost a patent lawsuit to the University of Wisconsin and may face heavy damages.

Oct 14, 2015

Infosys promotes over 2,000 employees, offers 100% variable pay

They come at a time when Infosys is trying to bring down its high attrition rate, which rose to 14.1% in the September quarter.

Oct 14, 2015

TCS raises hiring target to 75,000 after Accenture's 1 lakh job offers

Earlier, TCS had said that it would hire 60,000 this fiscal year.

Oct 14, 2015

Twitter to layoff 8% of its global staff, says CEO

The job cuts would mostly affect its product and engineering teams.

Oct 14, 2015

TCS posts 6.1% growth in net profit in Q2

TCS said its revenues for the quarter under review also increased 14.1% over last year.

Oct 13, 2015

Flipkart Big Billion Sale: 10 lakh products sold in 10 hours, 25 items sold per second

Footwear, men's clothing and accessories witnessed heavy sales in 'The Big Billion Days' sale.

Oct 13, 2015

Market watch: Sensex slips 57 points on weak global cues; gold prices fall

The positive industrial production data for August failed to cheer the markets.

Oct 13, 2015

Regulations to bring order to taxi app market in the offing

Tough new legal guidelines are to be unveiled soon by the Union government to regulate the burgeoning taxi app market.

Oct 13, 2015

Disney's studio division is firing on all cylinders; exciting movies in the pipeline

Disney's studio division looks stronger than ever and this bodes well for both the business and its investors.

Oct 13, 2015

Kotak Mahindra Bank launches mobile app in Kannada

Kotak Bharat will allow customers to manage their savings and current accounts as well as credit cards.

Oct 13, 2015

SABMiller accepts $106 billion AB InBev offer in largest takeover of a UK company

The deal to create a brewer making almost a third of the world's beer would rank in the top five mergers in corporate history.

Oct 13, 2015

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