Business news

Bajaj Auto unions demand factory halt after 250 workers catch coronavirus

The company said on June 26 that 140 of the roughly 8,000 staff at the factory had caught the virus and two had died.

Jul 5, 2020

The youngest Iranian businessman – Reza Abbaszadeh

Changed the face of capital management business with more than $100 Million dollars assets under control via Abbaszadeh Capital

Jul 4, 2020

Laalsa – How Suresh Redyam made his Dream Come True

He has created a system where discounts are given in ways that will profit both Laalsa and the restaurants.

Jul 3, 2020

Cognizant benches 18,000 employees, Karnataka Union to approach government

Cognizant has benched 18,000 employees asking employees to resign after failing to secure projects. The Karnataka State IT Employee Union (KITU) has asked workers not to resign under pressure and will register a complaint with the state labour department.

Jul 3, 2020

Reliance Industries (RIL) Chairman Mukesh Ambani

Intel to invests Rs 1,894.5 Crore in Reliance Jio, 12th deal in 11 weeks

Reliance Industries Ltd said on Friday that Intel Corp would buy a 0.39% stake in its digital unit, Jio Platforms, for 18.95 billion rupees ($253.55 million).

Jul 3, 2020

Should India layoff unproductive civil servants?

Software provider Amdocs to lay off 1,000 employees: Report

According to a report in Israeli-based website Calcalist, Amdocs's quarterly earnings is around $1 billion and a huge part of it – nearly $691 million - comes from the US which is currently witnessing a coronavirus resurgence.

Jul 3, 2020

Apple supplier Foxconn, others hit as India holds up imports from China

India's additional scrutiny of imports from China has disrupted operations at plants owned by Apple supplier Foxconn in southern India and other foreign firms are also facing delays as tensions between the two countries build.

Jul 2, 2020

Sensex, Nifty rise on coronavirus vaccine hopes, financials lead gains

Indian shares rose in line with Asian peers on Thursday as investors clung on to hopes of a vaccine for COVID-19, while the central bank's move to improve liquidity at shadow lenders boosted financial stocks.

Jul 2, 2020

From being a student to becoming one of the youngest and the most astute entrepreneur, Shubham Kumar, is a rage in the entrepreneurial world

Shubham Kumar is a skilled entrepreneur and has the ability to manage multiple businesses at a time and help them reach greater heights.

Jul 1, 2020

Carlyle to buy 25% of Bharti Airtel's data centre arm for $235 million

Carlyle will buy a 25 per cent stake in Indian telecom firm Bharti Airtel Ltd's data centre arm for $235 million, the US private equity group said on Wednesday, as it taps into the rapid growth of digital services in India.

Jul 1, 2020

US sends 'clear message' to China; designates Huawei, ZTE national security threats

In another major blow to China, US FCC has designated Huawei and ZTE as national security threats to cut off federal subsidies to carriers who wish to buy or maintain equipment from either company.

Jul 1, 2020

SEBI clarifies HDFC Bank raising Rs 13,000 crore via QIP, ADRs as baseless speculation

The clarification intimation is offered by SEBI under Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015, by the HDFC Bank Limited.

Jun 30, 2020

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Indian shares rise on recovery hopes, Nifty set for best quarter in 11 years

Indian shares rose on Tuesday, June 30 with the benchmark index set for its best quarter since 2009, as upbeat U.S. and China data renewed economic recovery hopes, while investors awaited PM Modi's speech later in the day.

Jun 30, 2020

Oyo suspends fixed payout contracts with hotel partners; renegotiation on cards

As the Covid-19 induced prolonged nationwide lockdown impacts hospitality business revenues, Oyo comes up with a survival plan - to suspend existing contracts with more than 250 Townhouse property owners and renegotiate terms.

Jun 29, 2020

Gaurav Taneja vs AirAsia: YouTuber pilot's ordeal, DGCA's probe and everything happened so far

On June 14, whistleblower Gaurav Taneja tweeted about his suspension from services at AirAsia India after #BoycottAirAsiaIndia trends on Twitter for bringing the suppressed facts to light and "for standing up for safe operations of an aircraft and its passengers". He further wrote to DGCA about safety violations and Covid-19 guidelines not being followed by AirAsia. The probe is on by DGCA, details inside...

Jun 28, 2020

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Business news

Bajaj Auto unions demand factory halt after 250 workers catch coronavirus

The youngest Iranian businessman – Reza Abbaszadeh

Laalsa – How Suresh Redyam made his Dream Come True

Cognizant benches 18,000 employees, Karnataka Union to approach government

Intel to invests Rs 1,894.5 Crore in Reliance Jio, 12th deal in 11 weeks

Software provider Amdocs to lay off 1,000 employees: Report

Apple supplier Foxconn, others hit as India holds up imports from China

Sensex, Nifty rise on coronavirus vaccine hopes, financials lead gains

From being a student to becoming one of the youngest and the most astute entrepreneur, Shubham Kumar, is a rage in the entrepreneurial world

Carlyle to buy 25% of Bharti Airtel's data centre arm for $235 million

US sends 'clear message' to China; designates Huawei, ZTE national security threats

SEBI clarifies HDFC Bank raising Rs 13,000 crore via QIP, ADRs as baseless speculation

Indian shares rise on recovery hopes, Nifty set for best quarter in 11 years

Oyo suspends fixed payout contracts with hotel partners; renegotiation on cards

Gaurav Taneja vs AirAsia: YouTuber pilot's ordeal, DGCA's probe and everything happened so far

'I wouldn't be slogging... ': Orry reveals he is not paid Rs 20-30 lakhs for taking selfies with celebs; says 'it was an exaggeration'

Koffee with Karan: Kajol calls Ajay Devgn "better half", herself "better looking half"; Rani Mukerji, Karan stumped

'Incredible stand towards sustainability': Suhana lauds Alia Bhatt for repeating her wedding saree, urges youth to re-wear outfits; trolled