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November industrial output growth should rebound, but inflation pressures likely to sustain, says Nomura

The higher inflation number is mainly led by higher food prices (vegetables, eggs) and fuel (LPG).

Dec 13, 2017

Protest against mass IT layoffs in Hyderabad

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Verizon lays off over 1,000 employees in India; workers seek help from IT Union

Experts had predicted layoffs at Verizon since its merger with AOL and Yahoo earlier this year.

Dec 13, 2017

Reliance Industries likely to come up with Reliance Jio IPO soon

Mukesh Ambani is currently has been holding internal meetings to discuss the nitty-gritty of the IPO and the company is expected to list Jio as early as next year.

Dec 13, 2017

SC stays NCLT decision to allow govt to take over Unitech management

"If the Union government intended to move the NCLT, it must have taken permission from us as we have been seized of the matter," said a SC bench headed by Chief Justice Dipak Misra.

Dec 13, 2017

Vodafone and Idea initiate talks on deal closure; discussions revolve around losses

The discussion of the merger deal revolves around how to work on Idea's losses incurred since the announcement of the deal in March and how to fund them.

Dec 13, 2017

Xiaomi Mi Mix 2, Review, display, design, performance

Xiaomi plans to sell electric vehicles and many other consumer products in India

The company also plans to enter India's payments bank business.

Dec 12, 2017

Apple buys music-recognition app Shazam; all you need to know

Cupertino-based technology major Apple has acquired music-identification app company Shazam for $400 million.

Dec 12, 2017

Unitech Managing Director Sanjay Chandra

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Unitech approaches SC against NCLT order; shares surge as govt take over of management imminent

Shares of Unitech rose as much as 20 percent after the NCLT authorised the government to change the board of the company.

Dec 11, 2017

Amazon India's sales volume soars 67 percent in September quarter

Amazon also claimed that it grew much faster than its biggest home-grown rival Flipkart in the April-September period. But what do Indians prefer Amazon or Flipkart?

Dec 11, 2017

Foreign airlines must be allowed to bid for Air India: IATA chief executive

Alexandre de Juniac says that the government can keep a part stake initially but should eventually exit Air India.

Dec 11, 2017

Are layoffs in vogue? Condé Nast trims number of magazines' issues; likely to cut jobs as cost-cutting measure

Condé Nast is said to be planning to merge the fashion-market editors of its magazines Vanity Fair, Glamour, and W under a single department, which means the brand will cut quite a few jobs.

Dec 9, 2017

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Business news

November industrial output growth should rebound, but inflation pressures likely to sustain, says Nomura

Verizon lays off over 1,000 employees in India; workers seek help from IT Union

Reliance Industries likely to come up with Reliance Jio IPO soon

SC stays NCLT decision to allow govt to take over Unitech management

Vodafone and Idea initiate talks on deal closure; discussions revolve around losses

Xiaomi plans to sell electric vehicles and many other consumer products in India

Apple buys music-recognition app Shazam; all you need to know

Unitech approaches SC against NCLT order; shares surge as govt take over of management imminent

Amazon India's sales volume soars 67 percent in September quarter

Foreign airlines must be allowed to bid for Air India: IATA chief executive

Are layoffs in vogue? Condé Nast trims number of magazines' issues; likely to cut jobs as cost-cutting measure

New management to be appointed for Unitech, NCLT accepts govt plea

After Siemens, GE to lay off 12,000 employees worldwide as part of firm's turn-around plans

Another IT boom in the offing? Samsung India to hire 1,000 engineering grads for new-age profiles

Tata Steel slapped with Rs 10 lakh fine from SEBI for delay in disclosures