Business news

Saudi Arabian Energy Minister Khalid al-Falih talks to reporters at the OPEC meeting

Crude oil price hits 4-year high as S Arabia, Russia reject US call to raise output

Experts say only a 'demand-destruction' could set prices back but such a phenomenon won't happen Brent crude hits $120 a barrel.

Sep 25, 2018

Former content moderator sues Facebook over mental trauma

The company has said it was "reviewing" the lawsuit and took moderator support "seriously" and pointed to its existing assistance, including "in-house" psychological and wellness support.

Sep 25, 2018

Oyo secures $1 billion in fresh funds to drive China expansion

The billion dollar boost comes from existing investors such as SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners.

Sep 25, 2018

Who is Ajit Mohan? All you need to know about Facebook India's new chief

Ajit Mohan will assume his new role as managing director and vice-president of Facebook's India operations starting from next year. Mohan joins Facebook with over two decades of industry experience.

Sep 25, 2018

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

The pharmaceutical major had earlier moved IT, reporting, data and communication jobs to Poland and India to cut down costs. In 2017, Novartis boosted its India operations in Hyderabad, where it has more than 3,500 employees.

Sep 25, 2018

Boeing to invest Rs 1,152 cr to build electronics, avionics facility in Bengaluru

Boeing India President Pratyush Kumar met state Chief Minister H.D. Kumaraswamy at the state secretariat to discuss the project.

Sep 25, 2018

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

In the upcoming days, if Flipkart announces its new CEO at the group level, it will witness the fourth major change in leadership in as many years.

Sep 24, 2018

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Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Analysts said on Monday they remained cautious, adding that more downside was likely even as Sensex and Nifty reeled under liquidity concerns at infrastructure financiers IL&FS.

Sep 24, 2018

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Petrol, diesel prices to rise further as global crude poised to touch $100

New Iran sanctions will take 2 million bpd off the markets even as US inventory gets thinner. Fuelled further by supply disruptions elsewhere, global crude prices could breach $100, analysts warn.

Sep 24, 2018

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Comcast outbids Fox by acquiring Sky for $40 million in dramatic auction

Buying Sky will make Philadelphia-based Comcast, which owns the NBC network and Universal Pictures, the world's largest pay-TV operator with around 52 million customers.

Sep 23, 2018

Google updates privacy policy for Indian payment app after Paytm complaint

The policy was updated on Thursday night has come after the Indian company, Paytm had sent a communication to the National Payments Corporation of India, raising concern over the possible misuse of data of Indians.

Sep 22, 2018

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Business news

Crude oil price hits 4-year high as S Arabia, Russia reject US call to raise output

Former content moderator sues Facebook over mental trauma

Oyo secures $1 billion in fresh funds to drive China expansion

Who is Ajit Mohan? All you need to know about Facebook India's new chief

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

Boeing to invest Rs 1,152 cr to build electronics, avionics facility in Bengaluru

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Petrol, diesel prices to rise further as global crude poised to touch $100

Comcast outbids Fox by acquiring Sky for $40 million in dramatic auction

Google updates privacy policy for Indian payment app after Paytm complaint

Yes Bank shares dip almost 34%; record-low since market debut

Black Friday that wasn't: Sensex, Nifty crash in jerky trade as NBFCs face rout

Dubai's Emirates could take over Abu Dhabi's Etihad to create world's largest airline - Report

Trouble mounts for debt-laden Air India as oil companies threaten to stop fuel supply