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reliance communications, anil ambani, rcom debt default, rcom loan default, rcom downgrade, rcom share price, adag, indian telecom sector

30,000 telecom employees likely to face layoffs in next 12 months

Profiles like data entry, telecalling and ground sales with annual salaries ranging from Rs 1.2 lakh to Rs 2.8 lakh will become obsolete.

Nov 3, 2017

1,000 new start-ups joined in 2017, B2B and advanced tech start-ups pushing the ecosystem forward: Nasscom

With 40 percent of the start-ups in the B2B segment, its share in the overall tech start-up funding is over 30 percent.

Nov 2, 2017

infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

More bleak days likely as major IT firms trim workforce by over 4,000

Brands like Infosys, Cognizant, Wipro and Tech Mahindra have seen quite a decline in their headcount in the last six months and are not too keen on campus placements either.

Nov 2, 2017

Play

The five craziest bids for Amazons new HQ

Amazon has received 238 proposals from cities to set-up its second headquarters location. Here are some of the most creative bids Amazon received.

Nov 2, 2017

Airtel unlimited calls, free 4G data offers

Airtel to scale down 3G service, will shift focus on 4G business

The rapid increase in the number of people using 4G devices is also a reason behind such a shift.

Nov 2, 2017

Dr Reddy's, Sun Pharma and 3 other Indian generic drugmakers sued over US price-fixing conspiracy

The five Indian drugmakers include -- Dr Reddy's Laboratories, Sun Pharmaceuticals, Emcure Pharmaceuticals, Zydus Cadila Pharmaceuticals and Glenmark Pharmaceuticals.

Nov 2, 2017

Play

Facebook, Google and Twitter have circulated some of the most outrageous fake news

Since Donald Trumps 2016 presidential election campaign trail, fake news has been thrust into the spotlight. Tech companies such as Facebook, Google and Twitter have come under scrutiny for failing to stop the circulation of fake news. On 31 October, representatives from these three tech companies are testifying on Capitol Hill for the Russian-tie investigation for the 2016 Presidential Election Campaign.

Nov 2, 2017

Slowdown in telecom sector puts 100,000 jobs at risk; is Bharti Airtel first to face the heat?

Facing the heat of the economic slowdown, Bharti Airtel has reportedly reduced its headcount by 1,805 employees in India in the last one year.

Nov 1, 2017

tata steel, tata steel share price, tata steel q4 results, tata steel fy17 results, tata steel sells uk business, tata group, national steel policy 2017

Is merger with ThyssenKrupp affecting the roles of Tata Steel's top level executives?

Tata Steel and ThyssenKrupp signed a memorandum of understanding (MoU) in September and the deal makes the firms the continent's second-largest steelmaker after ArcelorMittal.

Nov 1, 2017

Jaquar plans to make lighting a Rs 1,000-crore business in 2-3 years

Jaquar also plans to tap the global market with the slogan "Proudly made in India for the world."

Nov 1, 2017

Zomato in early talks with Swiggy for merger: Report

Zomato had reportedly offered a 1:4 share swap ratio to Swiggy, which isn't likely to be agreed upon by its shareholders.

Nov 1, 2017

Bharti Airtel Q2 net profit fall 64% at Rs 586.10 cr as price war continues

The company's weak result is primarily because of intense competition led by Reliance Jio Infocomm.

Oct 31, 2017

Namma TYGR to challenge Ola, Uber: 10 things you need to know about Kumaraswamy's new cab service

Former Karnataka CM and JD-S leader HD Kumaraswamy has launched a new cab service called Namma TYGR, which will compete with Ola and Uber in Karnataka.

Oct 31, 2017

Why IDFC–Shriram Group called off merger?

On July 8, both the companies entered into a 90-day agreement to evaluate a strategic combination of their relevant financial services.

Oct 31, 2017

Goldman Sachs, Citigroup bullish on Sensex and Nifty, upgrade targets

The banking groups believe that government reforms would offset challenges such as valuation and poor earnings growth and would propel the Sensex and Nifty to newer highs in 2018.

Oct 31, 2017

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