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Companies

IMA Group

Is IMA safe? Karnataka govt issues notice to seize all properties; IMA director responds

The latest public notice issued to IMA raises concerns among investors as similar companies have had their fates sealed. Nov 21, 2018
Infosys

Infosys to create 1,200 jobs, open 3 innovation hubs in Australia by 2020

To meet Australia's growing demand for digital expertise, the $11-billion Indian firm also formed an education ecosystem for providing learning opportunities. Nov 21, 2018
walmart

Walmart raises equity holding in Flipkart to 81% after leadership upheaval

The increase in Walmart stake could be an overhang from the $2 billion equity infusion Walmart announced at the time of the acquisition in May Nov 21, 2018
Facebook CEO

Facebook CEO Mark Zuckerberg has no plans to step down amid pressure from investors

Despite mounting pressure from investors to step down as Facebook chairman as the social media firm faces intense scrutiny on data scandals, Mark Zuckerberg has said he has no plans to retire. Nov 21, 2018
Ritesh Agarwal

For Indian unicorn Oyo Hotels, the biggest market now is China

India's most valued startup built by Ritesh Agarwal now manages as many as 180,000 rooms in China, compared with about 150,000 rooms in India and the rest of south Asia combined. Nov 21, 2018
Jet Airways

History of a feud: Tatas want to fly Jet, but without the captain for a reason

There is a history of indifference if not hostility between the Tatas and the Goyals that goes back to the 1990s when India's open skies policy took off. Nov 20, 2018
sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

SBI internet banking ban from Dec 1: How to check if your account is registered with mobile number

If your SBI account is not registered with the phone number, you will have to contact nearest SBI branch to avoid internet banking getting blocked from 1 December 2018. Nov 20, 2018
yes bank

Yes Bank shares slump 6.5% after resignation of independent director R Chandrashekhar

The bank cited personal reasons for Chandrashekhar's resignation. On November 14, the bank's non-executive chairman Ashok Chawla had resigned as his name figured in a CBI chargesheet filed in the Aircel-Maxis case. Nov 20, 2018
Jet Airways

Tata Sons to go slow on deal to acquire debt-laden Jet Airways: Reports

Indian conglomerate Tata Sons Ltd will go slow on a deal to buy Jet Airways (India) Ltd after some directors expressed reservations at an inconclusive board meeting last Friday, the Times of India reported on Tuesday. Nov 20, 2018
Facebook

Facebook seeks to patent software to analyse who lives with you

To help determine whether people live in the same home, the software could look at how often people are tagged in pictures together and at the captions of the photos, it said. Nov 19, 2018
Carlos Ghosn

BREAKING: Nissan Chairman Carlos Ghosn arrested for under-reporting income

Nissan said it has been providing information to the Japanese Public Prosecutors Office and has been fully cooperating with their investigation. Nov 19, 2018
Singapore Airlines

Singapore Airlines flight to London forced to turn back to Changi after loss of cabin pressure

An SIA A380 en route to London had to return to the airport within 35 minutes of the take-off. Nov 19, 2018
Myntra

More job cuts after Flipkart shakeup; Jabong to fire 200 more

A new round of job cuts at Jabong is on the table as the company is merging with Myntra and combining functions from finance, technology, marketing and creative teams. Nov 19, 2018
Jet Airways

Jet Airways cancels 10 flights from Mumbai leaving hundreds stranded, shortage of pilots to blame?

Jet Airways said that the the flights from the Chhatrapati Shivaji Maharaj International Airport had to be cancelled due to "operational issues" and that the passengers had been informed of the same through text messages. Nov 19, 2018
flipkart

Bansal exit aftershock: Flipkart to speed up hiring for top executives

The Walmart owned company would be looking for talents in multiple domains that include supply chain management, technology, marketing, human resources, and product. Nov 18, 2018
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