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Alibaba co-founder Jack Ma to retire, focus on educational philanthropy

Ma will step down on Monday, September 10 on what will be his 54th birthday.

18 days ago

Johnson & Johnson to work with Indian govt to compensate for ASR hip implant patients

Last month, a government panel recommended that J&J pay compensation of at least 2 million rupees ($27,812) to each patient who received an ASR hip implant in India, an estimated 4,700 people.

18 days ago

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Government to turn cash-crunched Air India into a board-managed company?

The government's plan to privatise the indebted "Maharaja" did not attract bids from any player earlier this year.

18 days ago

Infosys announces joint venture with Singapore-based Temasek

Infosys Consulting (Infosys subsidiary) will hold a 60 percent stake in the joint venture and it will be headquartered in Singapore.

18 days ago

NCLT to hear petition against Reliance Naval, Jindal India Thermal

As of March 2018, the total debt owned by the Reliance Naval to its lenders is worth Rs 5349.17 crores.

18 days ago

DMK will participate in Bharat Bandh called by Cong, says Stalin

DMK President said the centre was not interested in passing on the benefits of lower crude oil prices to the people.

19 days ago

Apple shelves plan to launch UPI-based payments platform in India

The reason behind the Apple's decision is the Reserve Bank of India's recent data localisation rule including the technical and design hurdles related to the flow of payments on UPI.

19 days ago