Companies

IL&FS board orders austerity measures amid debt crisis

IL&FS said that the board is also of the opinion that the entire group should carry out a fresh audit of all its accounts.

Oct 13, 2018

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Hindustan Unilever Ltd's Q2 net profit rises by 19.51%

The company had posted a net profit of Rs 1,276 crore during the same period last fiscal. Sales during the quarter under review stood at Rs 9,138 crore as against Rs 8,199 crore in the year-ago period, up 11.45 per cent.

Oct 13, 2018

State Bank of Mauritius branch in Mumbai loses Rs 143 crore in cyber fraud

The State Bank of Mauritius said that some unknown persons have hacked into its servers to illegally access various accounts and managed to transfer money to multiple accounts outside the country.

Oct 12, 2018

IKEA to invest Rs 2,000 crore in upcoming Bengaluru showroom

Like other outlets, the Bengaluru store will have a food court attached to the furniture store. It will also feature a supervised daycare centre for children.

Oct 12, 2018

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Jet Airways may ground 23 Boeing 737s to cut costs, defaults on salary payment again

The issues were discussed during a meeting with the National Aviators Guild (NAG), the pilot union of Jet, during which Jet Airways also delayed payments to its pilots and engineering staff, the deadline for which was October 9.

Oct 12, 2018

Google India revenue grows 29% to Rs 9,337.7 crore; profit up by 33% in FY18

The net profit was higher by about 33 per cent at Rs 4.072 billion last fiscal as compared to Rs 3.066 billion in the previous year.

Oct 12, 2018

Air India plane hits Trichy airport wall; Civil Aviation Minister Prabhu orders investigation

A portion of the westside wall, the antenna and the instrument landing system (ILS) were damaged in the incident.

Oct 12, 2018

Flipkart co-founder Sachin Bansal to invest Rs 740 crore in Ola

The proposed amount of investment is significant with the fact that it is more than 10 of his personal returns gained from the Flipkart-Walmart deal this year.

Oct 11, 2018

IT raids at media mogul Raghav Bahl's home in Noida, 'The Quint' office

It is understood that the searches are being conducted at the premises of a few other people as part of the ITD action to probe tax evasion by a set of business professionals.

Oct 11, 2018

James Murdoch rumoured to replace Elon Musk as Tesla chairman

Murdoch currently serves on the boards of Twenty-First Century Fox and News Corp.

Oct 11, 2018

Google drops out of bidding for $10 billion Pentagon cloud computing contract

The principles bar use of Google's artificial intelligence (AI) software in weapons as well as services that violate international norms for surveillance and human rights.

Oct 10, 2018

Oyo to enter Japanese market ahead of 2020 Tokyo Olympics

Oyo has planned an aggressive global expansion plan as the company entered the Japanese market only within a year after launching its operations in China.

Oct 10, 2018

Michael Bloomberg registers as Democrat; running for the White House in 2020?

Former New York City Mayor Michael Bloomberg rejoined the Democratic Party on Wednesday, going back to his political roots weeks before the Nov. 6 congressional elections and amid speculation that he might run for the White House in 2020.

Oct 10, 2018

Delhi consumer commission asks PepsiCo to pay fine of Rs 50 lakh to IPL competition winner

Karishma had won an online game "Pepsi Youngistan Ka Wow" organised by the company during the 2010 Indian Premier League.

Oct 10, 2018

Cognizant lays off 200 senior employees to invest in the next generation of techies

Tech Mahindra had recently lowered the retirement age for employees. Tata Consultancy Services has also doubled the salary for freshers to attract the younger generation.

Oct 10, 2018

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Companies

IL&FS board orders austerity measures amid debt crisis

Hindustan Unilever Ltd's Q2 net profit rises by 19.51%

State Bank of Mauritius branch in Mumbai loses Rs 143 crore in cyber fraud

IKEA to invest Rs 2,000 crore in upcoming Bengaluru showroom

Jet Airways may ground 23 Boeing 737s to cut costs, defaults on salary payment again

Google India revenue grows 29% to Rs 9,337.7 crore; profit up by 33% in FY18

Air India plane hits Trichy airport wall; Civil Aviation Minister Prabhu orders investigation

Flipkart co-founder Sachin Bansal to invest Rs 740 crore in Ola

IT raids at media mogul Raghav Bahl's home in Noida, 'The Quint' office

James Murdoch rumoured to replace Elon Musk as Tesla chairman

Google drops out of bidding for $10 billion Pentagon cloud computing contract

Oyo to enter Japanese market ahead of 2020 Tokyo Olympics

Michael Bloomberg registers as Democrat; running for the White House in 2020?

Delhi consumer commission asks PepsiCo to pay fine of Rs 50 lakh to IPL competition winner

Cognizant lays off 200 senior employees to invest in the next generation of techies

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]