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Auto slowdown: Is Uber boss taunting Sitharaman with advice to millennials?

Uber CEO Khosrowshahi urges Indians to shun car ownership 'trap' unlike in the developed world and support innovation and new technologies; Sitharaman had suggested auto sector slowdown in part is because of ride-hailing apps like Uber and Ola.

7 hours ago

Govt plans to merge loss-making state telecoms firms BSNL and MTNL; here's why

The two carriers have struggled to win customers at a time Reliance Industries' telecoms' upstart Jio and rival Bharti Airtel and Vodafone Idea have rolled out 4G services and cut prices on voice and data.

10 hours ago

Uber to focus on India, Middle East and Africa for growth amid mounting losses

Uber, which recently exited China and Southeast Asia, said although the company faces fierce competition in India, its profitability characteristics are improving in the country.

14 hours ago

Investors lose Rs 53,000 crore as Infosys shares suffer worst fall in 6 years, ends 17% lower

Some anonymous Infosys employees have written to the company board accusing its CEO Salil Parekh and CFO Nilanjan Roy of being involved in unethical practices for several quarters.

1 day ago

Why is the world watching for Prime Minister Modi's response to Walmart letter?

Walmart boss Dough McMillon writes to Prime Minister Narendra Modi seeking more clarity for India's business regulations.

1 day ago

Infosys starts probe into alleged 'unethical practices' by CEO; shares tank

Infosys shares plunged 16 percent on Tuesday, marking their worst intraday drop in over six years.

1 day ago

Urban Ladder co-founder Rajiv Srivatsa steps down

Founded in 2012, Urban Ladder is present in more than 90 cities, with five offline stores in Bengaluru and Delhi-NCR.

1 day ago

Infosys techies accuse CEO, CFO of unethical practices

A few anonymous employees of global software vendor Infosys have accused its Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy of unethical practices for many quarters.

2 days ago

Amazon, Flipkart record festival sales euphoria may wither under regulatory fire

DPIIT asks e-commerce giants Amazon and Flipkart to reveal top-five sellers and capital structure following trade body's complaints about foreign direct investment norms violation and deep-discounting worries.

2 days ago

FM Sitharaman pitches special plan for firms fleeing China

Is India the new China? Sitharaman eyes blueprint for firms fleeing trade war

Finance Minister Sitharaman says a 'blueprint' to attract investment deserting China over trade tensions with the US will have importance beyond the current crisis.

3 days ago

Huawei in early talks with US firms to license 5G platform: Huawei executive

Vincent Pang, senior vice president and board director at the company said some firms had expressed interest in both a long-term deal or a one-off transfer.

3 days ago

ED raids premises of DHFL promoters in money laundering case

Mirchi died in 2013. The ED had on October 11 arrested two of his associates -- Haroon Yusuf and Ranjit Singh Bindra -- for felicitating a land deal worth Rs 200 crore.

4 days ago

FDA finds traces of Asbestos: Johnson & Johnson recalls 33,000 bottles of Baby Powder

J&J is voluntarily recalling the lot, #22318RB, which consists of 33,000 bottles and has urged the customers who bought the product not to use them.

4 days ago

How the Singh brothers stripped Religare bare of Rs 3,000 crore

Former Foris Health Care promoters, Malvinder Mohan Singh and Shivinder Mohan Singh, who were arrested for misappropriating funds of Religare Finvest, sought for interim bail as they want to settle the case with the complainant.

4 days ago

Amid sluggish growth in core business, Ola introduces self-drive car rentals in Bengaluru

Ola's entry into the self-driving business with its deep pocket may disrupt the market which is largely dominated by three players including Zoomcar, Drivezy, and Revv.

5 days ago

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What is quantum supremacy? Google's 'big breakthrough in quantum computing' explained

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