Business news

Oil prices climb as Saudi Arabia pledges further production cut

Oil futures rose on Tuesday, May 12, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in the global market that has grown as the coronavirus pandemic crushed fuel demand.

May 12, 2020

#Mutualfundsahinahihai trends on Twitter: Are MFs safe investments?

Some even recommended to pull out money from Mutual Funds and invest in other savings schemes like Bank Deposits and Fixed Deposits.

May 11, 2020

Gokul Anandayuvaraj is the Unique Entrepreneur with a Progressive Mindset and Mission

Gokul Anandayuvaraj, the founder and CEO of VINVELI, is one such entrepreneur and tech innovator. From his consistent hard work and contribution, he has been inspiring millions of engineers and budding entrepreneurs all over the world, especially in the field of aerospace.

May 10, 2020

Scaler Academy Review:The career accelerator offers engineers better access to employment opportunities with top companies

Scaler Academy is an ed-tech platform that has been helping working professionals and college graduates navigate the changing software technology landscape by training them on skills that are sought after by top tech employers

May 10, 2020

Reliance Jio rakes in Rs 60,596.37 crore investments in just 3 weeks; Facebook, Silver Lake and now Vista!

Amidst coronavirus pandemic affecting business growth prospects in India and denting profit margins, Reliance Jio attracted major investments to a tune of Rs 60,596.37 crore.

May 8, 2020

Uttar Pradesh hikes petrol, diesel price: How much you will have to pay now

The UP government has increased the price of petrol by Rs 2 per litre, and that of diesel by Rs 1 per litre.

May 6, 2020

'We're not going anywhere': Gold's Gym as it files for bankruptcy

Gold's Gym is one of the biggest names in the industry to file for bankruptcy due to the economic slowdown caused by coronavirus lockdown.

May 5, 2020

Petrol, diesel prices hiked in Delhi today: Know the latest rates in your city

Petrol price in Delhi was hiked by Rs 1.67 a litre and diesel by a steep Rs 7.10 per litre.

May 5, 2020

Coronavirus layoffs: Cure.fit fires 800 employees, plans to go all-virtual

Soon after its launch in 2016, it has attracted huge support helped by its state-of-the-art group fitness sessions and celebrity endorsements.

May 4, 2020

How India's lockdown has hit Amazon the hardest internationally

The Indian government has directed the e-commerce platforms to sell only essential goods during the lockdown period that is on till May 3.

May 1, 2020

Maruti Suzuki records zero sales in April due to coronavirus lockdown

Maruti Suzuki India on Friday, May 1, reported zero monthly domestic sales for the first time ever in April, as the country remained under lockdown to contain the spread of the coronavirus.

May 1, 2020

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Indiabulls harasses employees opting-out of 'voluntary' deduction, no salary credited

Other employees, who have opted for a deduction in their CTC, have received their salaries.

Apr 30, 2020

RIL employee pay-cut is bad news for Indian businesses

During this unprecedented pandemic, a multi-dollar company like Reliance Industries Limited doing pay cuts is indeed worrisome; other companies will follow the trend leaving thousands affected

Apr 30, 2020

60 days for H1B visa holders will end by June: What if India doesn't lift flight ban until then?

While the US Citizenship and Immigration Services recognises that nonimmigrants may have to unexpectedly remain in the United States beyond their authorised period of stay, the clock has got ticking for H1B immigrants to leave the US by June.

Apr 29, 2020

Indiabulls group asks employees to take 20-50% pay cut, effective April 1

Meanwhile, the Indiabulls group had donated Rs 21 crore to the PM-CARES Fund to support the central government's move to combat the Covid-19 outbreak.