Companies

French aerospace contractor Thales to hire 2,000 engineers for Bangalore centre

Thales is a French headquartered multinational company that designs systems and provides services for the aerospace, defence, transportation and security markets

Dec 14, 2018

Vivo to invest Rs 4,000 crore on new plant in Uttar Pradesh, generate over 5,000 jobs

The new manufacturing line will boost Vivo's manufacturing capabilities and buttress its continued growth in the country.

Dec 14, 2018

Fortis shares crash 14% after supreme court suspends sale to Malaysia's IHH

The suspension of the sale process will further hit Fortis and its shareholders as IHH will likely step away from infusing liquidity into cash-strapped Fortis.

Dec 14, 2018

UrbanClap to buy back employees' stocks worth Rs 18 crore

Repurchase of ESOP stocks is part of the $54 million deal by the company that brings together urban experts and customers with investors Steadview and Vy.

Dec 14, 2018

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Lonavala's famous Maganlal Chikki goes off shelves after failing FDA drug test

The report filed by Food Safety Officer of the Pune region, RR Kakade, revealed that there is no assurance on the product being manufactured by the company that it is fit for consumption

Dec 13, 2018

A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Johnson & Johnson agrees to pay $413 million for faulty implants; deadlock continues in India

The development comes at a time when J&J is set to face a trial in Dallas on January 14, where five Pinnacle-hip recipients have argued that the companies launched the device into the market without any proper testing.

Dec 13, 2018

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True North to buy majority stake in Max Bupa Health Insurance

The development will highlight the first exit by an Indian promoter in the domestic health insurance industry.

Dec 13, 2018

Nissan to boost external board seats, set up compensation committee

Nissan Motor plans to boost the number of external board members and set up a committee to oversee compensation as part of its effort to improve governance following the arrest of former Chairman Carlos Ghosn for financial misconduct.

Dec 13, 2018

Google CEO Sundar Pichai explains why searching 'idiot' turns up Donald Trump's images

Pichai was in Washington, DC. on Tuesday to defend his company against allegations of political bias and manipulating content at House Judiciary Committee. Republicans felt that search results were manipulated for political gain.

Dec 12, 2018

Walmart's Rs 2,190 crore investment in Flipkart heats up battle with rival Amazon

Capital infusion seen as first of several tranches as Walmart takes on Amazon outside its home turf.

Dec 12, 2018

Byju's raises $400 million in latest round of funding; now valued at $4 billion

Byju's is now valued behind digital payments firm Paytm (One97 Communications Pvt. Ltd), cab-hailing service Ola and budget hotel chain Oyo Rooms.

Dec 12, 2018

Record mergers and acquisitions likely in India next year

Goldman Sachs executive thinks deals in tech-driven consumer and financial services will keep the momentum going

Dec 11, 2018

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Kotak Mahindra Bank takes RBI to court over promoter holding norm; shares tank

As per the central bank requirements, promoter Uday Kotak must reduce holding in the bank to 20 percent by the end of December from 29.73 percent currently.

Dec 10, 2018

Italy fines Facebook 10 million euros for misleading users

The competition watchdog handed Facebook two fines totalling 10 million euros, "also for discouraging users from trying to limit how the company shares their data", Italian portal The Local reported on Saturday.

Dec 8, 2018

Google announces 'Journalism AI' project

Part of the Google News Initiative (GNI), the "Journalism AI" project will focus on research and training for newsrooms on the intersection of AI and journalism.

Dec 8, 2018

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Companies

French aerospace contractor Thales to hire 2,000 engineers for Bangalore centre

Vivo to invest Rs 4,000 crore on new plant in Uttar Pradesh, generate over 5,000 jobs

Fortis shares crash 14% after supreme court suspends sale to Malaysia's IHH

UrbanClap to buy back employees' stocks worth Rs 18 crore

Lonavala's famous Maganlal Chikki goes off shelves after failing FDA drug test

Johnson & Johnson agrees to pay $413 million for faulty implants; deadlock continues in India

True North to buy majority stake in Max Bupa Health Insurance

Nissan to boost external board seats, set up compensation committee

Google CEO Sundar Pichai explains why searching 'idiot' turns up Donald Trump's images

Walmart's Rs 2,190 crore investment in Flipkart heats up battle with rival Amazon

Byju's raises $400 million in latest round of funding; now valued at $4 billion

Record mergers and acquisitions likely in India next year

Kotak Mahindra Bank takes RBI to court over promoter holding norm; shares tank

Italy fines Facebook 10 million euros for misleading users

Google announces 'Journalism AI' project

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]