Companies

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

The pharmaceutical major had earlier moved IT, reporting, data and communication jobs to Poland and India to cut down costs. In 2017, Novartis boosted its India operations in Hyderabad, where it has more than 3,500 employees.

Sep 25, 2018

Boeing to invest Rs 1,152 cr to build electronics, avionics facility in Bengaluru

Boeing India President Pratyush Kumar met state Chief Minister H.D. Kumaraswamy at the state secretariat to discuss the project.

Sep 25, 2018

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

In the upcoming days, if Flipkart announces its new CEO at the group level, it will witness the fourth major change in leadership in as many years.

Sep 24, 2018

Comcast outbids Fox by acquiring Sky for $40 million in dramatic auction

Buying Sky will make Philadelphia-based Comcast, which owns the NBC network and Universal Pictures, the world's largest pay-TV operator with around 52 million customers.

Sep 23, 2018

Google updates privacy policy for Indian payment app after Paytm complaint

The policy was updated on Thursday night has come after the Indian company, Paytm had sent a communication to the National Payments Corporation of India, raising concern over the possible misuse of data of Indians.

Sep 22, 2018

Dubai's Emirates could take over Abu Dhabi's Etihad to create world's largest airline - Report

According to IATA statistics, Emirates is the world's fourth largest airline by passenger numbers, behind American, Delta Air Lines, and United Airlines.

Sep 21, 2018

Trouble mounts for debt-laden Air India as oil companies threaten to stop fuel supply

The OMCs have raised the demand after Air India paid the outstanding amount to the foreign and Indian lenders including other vendors. These dues were paid after the central government injected capital into the cash-strapped national carrier.

Sep 20, 2018

Amazon-Samara Capital buy Aditya Birla Group's More retail chain for Rs 4,200 crore

The deal will eventually witness Amazon buying 49 percent stake in More retail chain.

Sep 20, 2018

Facebook gets sued for hiding job ads from women

The women job seekers accused Facebook of targeting ads for jobs in male-dominated fields to younger male Facebook users only -- excluding all women and non-binary individuals, as well as older male users.

Sep 20, 2018

The Advertising Club Bangalore, Big Bang Awards 2018

Big Bang Awards 2018 to be presented next week, gets record entries from across India

The Advertising Club Bangalore will present Big Bang Awards for excellence in Creative & Media on several categories on September 28.

Sep 19, 2018

US justice department probes Tesla over CEO Elon Musk's tweets about taking company private

The probe by the Justice Department, which can press criminal charges, comes on top of a civil probe by the Securities and Exchange Commission and shareholder lawsuits.

Sep 19, 2018

ola, olacabs, ola cabs, ola ceo bhavish aggarwal, ola founders, ola rival uber, cab hailing services in india

Ola raises $50 million from China's communist party-backed investor

The investee companies --Sailing and CEECF -- have paid the amount to hold a combined stake of more than 1 percent in Ola which implies that its valuation has gone up since its previous round of funding.

Sep 18, 2018

Infosys to pay ex-CFO Rajiv Bansal Rs 12.2 crore after losing arbitration case

Bansal alleged that Infosys paid him Rs 5.2 crore and withheld the balance stating that he did not meet certain requirements.

Sep 18, 2018

Vijay Mallya extradition case: Detention not required at this stage, said CBI in 2015 look out circular

This was the second LOC. The first LOC was sent out on October 16, 2015, and the CBI had checked the box to "prevent the subject from leaving India". The CBI has now said that this was an error in judgment.

Sep 18, 2018

Tata Motors logos are seen at their flagship showroom

Tata Communications and SASTRA launch cyber security lab in Tamil Nadu

The cybersecurity lab was inaugurated at the Shanmugha Arts, Science, Technology and Research Academy (SASTRA) on September 15.

Sep 17, 2018

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Companies

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

Boeing to invest Rs 1,152 cr to build electronics, avionics facility in Bengaluru

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

Comcast outbids Fox by acquiring Sky for $40 million in dramatic auction

Google updates privacy policy for Indian payment app after Paytm complaint

Dubai's Emirates could take over Abu Dhabi's Etihad to create world's largest airline - Report

Trouble mounts for debt-laden Air India as oil companies threaten to stop fuel supply

Amazon-Samara Capital buy Aditya Birla Group's More retail chain for Rs 4,200 crore

Facebook gets sued for hiding job ads from women

Big Bang Awards 2018 to be presented next week, gets record entries from across India

US justice department probes Tesla over CEO Elon Musk's tweets about taking company private

Ola raises $50 million from China's communist party-backed investor

Infosys to pay ex-CFO Rajiv Bansal Rs 12.2 crore after losing arbitration case

Vijay Mallya extradition case: Detention not required at this stage, said CBI in 2015 look out circular

Tata Communications and SASTRA launch cyber security lab in Tamil Nadu

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]