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Decks cleared for Rs 4,022 crore ONGC share buyback

The government hopes to rake in Rs 2,640 crore by tendering part of its 65.64 per cent stake in the company. Dec 21, 2018
Huawei

India unlikely to hit Huawei with 5G import ban despite US spyware worries

With only a handful of capital responding to Washington worries, New Delhi goes with Europe for stringent testing standards. Dec 21, 2018
Swiggy

Swiggy raises $1 billion in largest ever funding round in food tech

The latest round of funding has resulted in Swiggy becoming the fifth most valuable startup in the country with a valuation of $ 3.3 billion. Dec 20, 2018
Johnson and Johnsona

Indian regulator orders Johnson & Johnson to stop using talc raw material

Moreover, over 100 samples were also collected from wholesalers, retailers, and distributors across the country which will be further tested to check the presence of any harmful substance. Dec 20, 2018
wipro, wipro unveils new logo, wipro ceo abidali neemuchwala, wipro chairman azim premji

Wipro starts online test as alternative hiring process for freshers

The test will cover logical reasoning, written skills, and online programming talent. The examinees will also have to choose a programming question between Java, C, C++ and Python. Dec 20, 2018
Ikea hyderabad

IKEA to set foot in Noida creating about 8,000 jobs, signs Rs 5,000 crore MoU

Swedish furniture and home decor brand IKEA plans to set up an integrated commercial project in Noida and is likely to create about 8,000 direct and indirect jobs through the facility. Dec 20, 2018
Tata

Tata Consultancy Services ranked 'Top Employer' in Asia Pacific region

Top Employer Institute certifies the Indian IT major as number one in several countries across the region including Australia, India, Hong Kong, Malaysia and Singapore Dec 19, 2018
Ambani's brothers

Mukesh Ambani's firm ditches sibling's RCom in spectrum sale deal

DoT withholds approval to deal after Reliance Jio letter disowns liability for past spectrum dues of RCom. Dec 19, 2018
Lava launches affordable A79 smartphone in India: Price, specifications

Salaries and distributor payments put on hold as liquidity crunch looms at LAVA Mobiles

The reason attributed to the slump of the company includes the heavy discounting offered by the Chinese companies in the Indian market and demonetisation. Dec 19, 2018
A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Trouble mounts for Johnson & Johnson as India reacts to reports of asbestos in baby powder

The reports sent the company's share price tumbling and within hours its market valuation was down by $40 billion. Dec 18, 2018
IL&FS (Infrastructure Leasing and Financial Services Ltd.)

IL&FS Securities attract big buyers, leading banks; Rakesh Jhunjhunwala lines up to bid

Rakesh Jhunjhunwala's private equity firm Rare Enterprises has shown its interest in IL&FS Securities Services Ltd (ISSL). Dec 18, 2018
Reliance, Jio, GigaFiber, registration, how to apply

India's telecom providers sceptical about Modi govt proposal for 5G spectrum auction in August 2019

Struggling under huge debt burden and a bruising price war, the telecom providers will find it difficult to take part in bidding set to start at Rs 4.94 trillion. Dec 18, 2018
An aircraft of India's Jet Airways lands

More trouble for Jet Airways as Nikos Kardassis, tasked to turn around carrier, leaves

Nikos Kardassis had joined Jet for the third time in May 2018, after owner Naresh Goyal brought him back hoping that he would help turnaround the troubled airline. However, Kardassis had gone to his home country on leave in November, and did not return. Dec 17, 2018
Airbnb

Airbnb looks to expand across country with rural India on radar

The San Francisco-headquartered company has now been operating in India since last three years and have signed memorandums of understanding with the tourism departments of Gujarat, Andhra Pradesh and Maharashtra. Dec 16, 2018
IL&FS

IL&FS crisis: Debt-laden group to sell luxury cars, office furniture to raise funds

The Infrastructure Leasing & Financial Services (IL&FS) including its various group firms have invited bids to sell 36 luxury cars, including brands like Audi, BMW, Jaguar, Mercedes Benz, Land Rover, Honda, Toyota, and Skoda. Dec 16, 2018
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