Companies

Cognizant CEO Francisco D'Souza steps down, Vodafone executive Brian Humphries to take over

This is the first time Cognizant has picked an outsider to head the company and Humphries will take over on April 1, 2019. D'Souza will serve as a full time executive vice chairman until June 30, after which he will be a part of the board as a vice chairman.

Feb 7, 2019

Essel Group eyes hiving off finserv businesses to cut debt burden

The move is part of Subhash Chandra's efforts to deleverage debt-laden balance sheet after lenders secured a deal over Zee Entertainment

Feb 6, 2019

No more discounts on Zomato and Swiggy? Code of conduct to soon hit online food aggregators

The National Restaurant Association of India (NRAI) feels that Zomato and Swiggy have created an imbalance in the market and will have a meeting in Mumbai on Thursday.

Feb 6, 2019

Ericsson files contempt plea against SBI chief over Rcom's Rs 550 cr dues - Report

Ericsson accuses SBI of not helping to retrieve the dues from RCom in its capacity as the lead banker during RCom's attempts to sell wireless assets to Reliance Jio.

Feb 6, 2019

More headache for Bharti Airtel as Moody's downgrades rating over cash flows

Last week, Airtel registered a drop of 72 percent in consolidated net income for the three months ended December 2018 at about Rs 86 crore.

Feb 6, 2019

Subhash Chandra's personal guarantee saves Zee from default

Lenders get greater control over developments at Zee in a deal that prevents the sale of pledged shares amid a price fall

Feb 5, 2019

BENGALURU, IndiaMicrosoft Chief Executive Officer Satya Nadella and Flipkart Group Chief Executive Officer and co-founder Binny Bansal attend a news conference in Bengaluru, India, February 20, 2017. REUTERS/Abhishek N. Chinnappa

Flipkart co-founder Binny Bansal focusing energy on nurturing startups

Breaking silence after his Flipkart exit amid #MeToo storm, Binny Bansal is hopeful that his new venture xto10x Technologies will help startups avoid pitfalls he made early on.

Feb 5, 2019

RCom meltdown: Anil Ambani's pain is Mukesh Ambani's gain

Asset sale to Reliance Jio, which would have brought nearly Rs 18,000-crore to debt laden Rcom, floundered after creditors demanded payment ahead of the sale.

Feb 5, 2019

Paid leave for sex change surgeries? Workplaces become more inclusive

Companies are now making efforts to create workplaces that are more inclusive after the supreme court decriminalised homosexuality in a landmark move.

Feb 5, 2019

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RCom shares plunge more than 50% after bankruptcy move

The Reliance Communications board has said it now looks at comprehensive debt resolution within the next 270 days.

Feb 4, 2019

Failing to pay debt, Anil Ambani led Reliance Communications files for insolvency

Now with RCom filing for insolvency, the company has become the latest telecom player after Aircel to do so.

Feb 2, 2019

Oyo Rooms to invest $50 million to expand its operations in the Philippines

Oyo is expected to start its operations Manila, Tagaytay, and Cebu with 21 hotels and expand to 10 cities by 2020.

Jan 31, 2019

SAP to fire 4,000 employees worldwide; at least 400 layoffs expected in India

The German software giant has said that the layoffs are not for cost-cutting but to bring in new employees with sound knowledge and understanding of the changes in technology.

Jan 31, 2019

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Axis Bank shares soar to 52-week highs after surprising Q3 numbers

The Q3 net was the bank's highest profit in the last 11 quarters.

Jan 30, 2019

Apple, iPhone XR, PRODUCT RED, World AIDS Day

Apple lowers some iPhone prices outside US to offset strong dollar

Apple Chief Executive Tim Cook disclosed the plan on Tuesday after the company reported the first-ever dip in iPhone sales during the key holiday shopping period.

Jan 30, 2019

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Companies

Cognizant CEO Francisco D'Souza steps down, Vodafone executive Brian Humphries to take over

Essel Group eyes hiving off finserv businesses to cut debt burden

No more discounts on Zomato and Swiggy? Code of conduct to soon hit online food aggregators

Ericsson files contempt plea against SBI chief over Rcom's Rs 550 cr dues - Report

More headache for Bharti Airtel as Moody's downgrades rating over cash flows

Subhash Chandra's personal guarantee saves Zee from default

Flipkart co-founder Binny Bansal focusing energy on nurturing startups

RCom meltdown: Anil Ambani's pain is Mukesh Ambani's gain

Paid leave for sex change surgeries? Workplaces become more inclusive

RCom shares plunge more than 50% after bankruptcy move

Failing to pay debt, Anil Ambani led Reliance Communications files for insolvency

Oyo Rooms to invest $50 million to expand its operations in the Philippines

SAP to fire 4,000 employees worldwide; at least 400 layoffs expected in India

Axis Bank shares soar to 52-week highs after surprising Q3 numbers

Apple lowers some iPhone prices outside US to offset strong dollar

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]