Companies

In bruising war for e-wallet market, Paytm, PhonePe rack up heavy losses

While PhonePe's revenue in the financial year 2017-2018 expanded to Rs 42.79 crore it incurred losses to the tune of Rs 791.03 crore.

Oct 30, 2018

Will Delta Air Lines come to Jet Airways' rescue? May buy Goyal and Etihad's stake

Delta Air Lines has expressed an interest in buying stake in Jet Airways and has hinted about the same to Goyal. The Atlanta-based carrier is looking to buy not just Goyal's 51 percent stake in Jet, but is also eyeing the 24 percent stake, currently owned by Etihad Airlines.

Oct 30, 2018

WhatsApp ties up with Indian industry association to train small & medium business entrepreneurs

With the new WhatsApp-CII programme, the company will try to improve the communication skill set of young entrepreneurs to connect with their customers and grow their businesses.

Oct 30, 2018

Fight to dominate e-commerce in India: Flipkart burns Rs 2,000 crore to compete with Amazon

In the financial year 2016, Flipkart had faced a huge cash crunch which helped Amazon to make inroads in the Indian e-commerce market.

Oct 29, 2018

Samsung's mobile manufacturing plant in Noida.

Here's how much Indians spend on Chinese smartphones; the numbers will shock you

Chinese companies have managed to create millions of jobs in India, thanks to their local manufacturing promises made towards Make in India.

Oct 29, 2018

An aircraft of India's Jet Airways lands

Beleaguered carrier Jet Airways' Naresh Goyal turns to Mukesh Ambani and Ratan Tata for help

Not just Ambani, Goyal, who owns a 51 percent controlling stake in Jet, is also known to have discussed the offer with Ratan Tata. The Tata Group has reportedly shown an interest in bailing out Jet Airways, but it depends on Goyal and his willingness in giving up his controlling stake.

Oct 29, 2018

infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Infosys, Wipro, TCS and HCL hired over 32,000 employees in Q2, IT slump nearing an end?

While TCS, which is the largest company in India in terms of market capitalisation, added 10,227 workers in Q2, Infosys hired 7,834 workers in this period. Wipro saw the highest hiring in Q2 at 10,687 employees, while HCL is said to have hired 3,754 employees.

Oct 27, 2018

Trouble mounts for Vijay Mallya: IT dept warns against buying company shares in e-auction

Over 41 lakh equity shares of United Racing and Bloodstock Breeders Ltd (URBBL) were put up for sale through e-auction by Debt Recovery Tribunal-II on September 29. The auction is set to take place on October 30.

Oct 26, 2018

Bengaluru: ED raids Amnesty International office for alleged violation of FDI guidelines

In a statement later, the economic intelligence agency said Amnesty had received Rs 36-crore foreign funds till date from overseas in violation of the Foreign Direct Investment (FDI) guidelines.

Oct 26, 2018

Fake banks apps on Google Play may have stolen data of thousands of customers: Report

These fake Android apps have the logo of respective banks which makes it difficult for customers to differentiate between the fake and original apps.

Oct 25, 2018

Former Adidas AG executive found guilty in US college basketball bribery scheme

James Gatto, former head of global sports marketing for basketball at the athletic wear company, was convicted of wire fraud by a jury in Manhattan federal court.

Oct 25, 2018

Wipro increase freshers' salaries by Rs 30,000 per annum

TCS has started a national-level test during placements to find those with newer skills, preferably in coding. Infosys is also on a similar path.

Oct 25, 2018

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Rupee helps IT sector toplines; HCL to recruit 30,000 engineers this year

The Experis IT Employment Outlook Survey said earlier this week hiring in the IT sector will pick up this financial year.

Oct 25, 2018

Cost, competition catch up to IndiGo: Airline posts first quarterly loss since IPO, more trouble for aviation sector?

IndiGo, the country's largest carrier with a market share of over 40 percent, reported a loss of Rs 652.1 crore in the quarter ended September 2018. The loss has been attributed to high fuel cost, rupee depreciation and intense competition

Oct 25, 2018

Jet Airways seeks loan moratorium, plans to cut more jobs - Report

Jet Airways, in which Abu Dhabi's Etihad Airways has a 24 percent share, has been looking for suitors ever since it started facing cash flow issues.

Oct 23, 2018

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Companies

In bruising war for e-wallet market, Paytm, PhonePe rack up heavy losses

Will Delta Air Lines come to Jet Airways' rescue? May buy Goyal and Etihad's stake

WhatsApp ties up with Indian industry association to train small & medium business entrepreneurs

Fight to dominate e-commerce in India: Flipkart burns Rs 2,000 crore to compete with Amazon

Here's how much Indians spend on Chinese smartphones; the numbers will shock you

Beleaguered carrier Jet Airways' Naresh Goyal turns to Mukesh Ambani and Ratan Tata for help

Infosys, Wipro, TCS and HCL hired over 32,000 employees in Q2, IT slump nearing an end?

Trouble mounts for Vijay Mallya: IT dept warns against buying company shares in e-auction

Bengaluru: ED raids Amnesty International office for alleged violation of FDI guidelines

Fake banks apps on Google Play may have stolen data of thousands of customers: Report

Former Adidas AG executive found guilty in US college basketball bribery scheme

Wipro increase freshers' salaries by Rs 30,000 per annum

Rupee helps IT sector toplines; HCL to recruit 30,000 engineers this year

Cost, competition catch up to IndiGo: Airline posts first quarterly loss since IPO, more trouble for aviation sector?

Jet Airways seeks loan moratorium, plans to cut more jobs - Report

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]