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Is Jeff Bezos and Amazon set to take over the world?

Amazon seeks to expand R&D ops, spreads recruitment net wide

Amazon's website has announced 1,245 new positions for India on its careers page.

Aug 10, 2017

Jaypee Infratech withdraws objections as NCLT admits insolvency proceedings

Various benches of NCLTs have so far admitted insolvency proceedings against 10 of the 12 identified companies, including Jaypee Infratech.

Aug 10, 2017

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Pepsico bottler Varun Beverages improves profit margins; share price upgraded

For the quarter ended June 2017, Varun Beverages saw its operating margin expand and interest expenses shrink.

Aug 10, 2017

Freecharge staff may approach PMO to halt sale to Axis Bank; did they prefer the Flipkart deal?

The current and former employees of Freecharge are planning to get in touch with the Prime Minister's Office to halt the sale of the brand to Axis Bank, which acquired the firm for Rs 385 crore.

Aug 10, 2017

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New India Assurance IPO may see valuation of Rs 70,000 crore: Report

State-owned New India Assurance is one of the five general insurers identified for listing this financial year.

Aug 10, 2017

Building the road ahead: Tata Motors Q1 profit rises 42% to Rs 3,182 cr

In the domestic market, there has been a significant de-growth in the medium and heavy commercial vehicles segment and flat light commercial segment while the passenger vehicles segment registered moderate growth.

Aug 9, 2017

Maharatna loses sheen: BHEL obsolete and inefficient, says CAG report

BHEL, which has more than 75 percent business coming from the power sector, suffered due to the slowdown in the business in power sector.

Aug 9, 2017

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Airtel gets Rs 2,570 crore from Bharti Infratel stake sale

The deal is aimed at strengthening the telco's cash reserves for investment in infrastructure.

Aug 9, 2017

J Kumar Infra branded shell company despite bagging Delhi, Mumbai metro projects

The Sebi list of 331 suspected shell companies includes J Kumar Infraprojects, a company that is executing various Delhi, Mumbai metro projects.

Aug 9, 2017

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Domino's Pizza to get a boost as Jubilant FoodWorks set to pump in Rs 100 crore

Jubilant FoodWorks will pump in Rs 100 crore in Domino's Pizza to refresh products and packaging this year marking its biggest upgrade in Domino's India so far.

Aug 9, 2017

HDFC Bank exploring refinancing option to build corporate loan book

Term loans constitute about 30 percent of its corporate banking book, which grew by over 20 percent to Rs 125,000 crore in 2016-17.

Aug 9, 2017

Titan partners with Amazon to set foot into US markets; may also tap UK, Mexico and Japan

Titan is all set to enter the United States through a partnership with e-commerce giant Amazon's global selling program and also plans to expand to UK and Japan.

Aug 9, 2017

Smart move: Tata Group hiring bankers to revamp business; over 100 units to peter out?

Tata Sons chairman Natarajan Chandrasekaran is hoping to increase the efficiency of the conglomerate and exit from businesses which don't fit the group's priorities.

Aug 9, 2017

Corus buy was a sound business move, says Chandrasekaran

Says Corus acquisition was carried through on board consensus and all communications with Tata Sons were in line with corporate governance processes.

Aug 8, 2017

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Google fires employee James Damore behind anti-diversity memo

Alphabet Incs Google has fired an employee who wrote an internal memo that ascribed gender inequality in the technology industry to biological differences. James Damore confirmed to several media outlets, including Breitbart, Wired and Bloomberg that he was fired for perpetuating gender stereotypes.

Aug 8, 2017

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