Business news

Employees should not be fired for viewing porn during lunch break: Italy court

Fiat had fired the man from its Termini Imerese plant near Palermo in Sicily after a computer and three porn DVDs were found in his locker.

Oct 15, 2015

Indigo set to issue IPO on 26 October: Report

The issue is expected to close on 28 October, according to the sources.

Oct 15, 2015

American firm Herman Miller to make designer chairs in Karnataka plant

Global office furniture major Herman Miller on 14 October opened its hi-tech plant at Bidadi, 40 km from Bengaluru.

Oct 15, 2015

Uber launches UberRUSH, an on-demand delivery service, to disrupt transportation sector

UberRUSH will pick up and deliver everything from a meal to an item of clothing to a bouquet of flowers.

Oct 15, 2015

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

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

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

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