Companies

startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring

Freshworks becomes latest entrant in Indian unicorn club

The company has plans to go for a public listing and before that, it is expecting another round of private funding from Alphabet's CapitalG which also participated in the current round of funding.

Aug 1, 2018

Flipkart's loyalty programme to launch on Independence Day; here's all you need to know

Flipkart Plus will launch on August 15, and unlike Amazon Prime, it will not be a subscription-based service. It will be tied to a shopper's frequency on the platform. The company is also adding third parties to the service.

Aug 1, 2018

paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Paytm Payments Bank suspends customer registration after RBI order

The RBI has found several issues with Paytm Payments Bank and asked the company to stop onboarding new customers. It also wants the company to change its Chief Executive and office location.

Aug 1, 2018

An aircraft of India's Jet Airways lands

Jet Airways pay cut: 'Joy of flying' turns sour as staffers' salary to take a 25% dip

Jet Airways hasn't specified a timeline for these pay cuts and were informed that even the senior management had seen a dip in their salaries. Jet also refused to divulge if the company would refund the deductions later on.

Aug 1, 2018

Tata Motors logos are seen at their flagship showroom

Tata Motors posts first loss in three years amid weak JLR sales

Profitability was hit due to lower operating leverage, higher discounts in the US, UK and China, foreign currency fluctuations, and higher depreciation and amortisation costs

Aug 1, 2018

Swiggy's new loyalty programme to offer free deliveries

The food ordering app has launched a new subscription service, available in one-month and three-month durations, that will offer several benefits such as free delivery and discounts on orders.

Jul 31, 2018

Ray of hope for home buyers as NBCC may take up stalled projects of Jaypee, Amrapali

However, the ownership of the company would remain with the current promoters, or with the Insolvency Resolution Professional (IRP) whichever the case may be.

Jul 30, 2018

Vijay Mallya faces final extradition hearing after losing Force India F1 team: Here's all he has lost so far

Vijay Mallya has lost control over Force India F1 team. What other assets has he lost so far? India loves to treat each story with a view to finding a moral in it. And Mallya's story has many spectacular morals. The plainest of them all is that if you do wrong you will suffer. The middle India loves to latch on to that belief.

Jul 30, 2018

Banks, lessors serve default notices to debt-ridden Air India

The country's national carrier has failed to generate enough profits to cover the interest it has to pay on its whopping Rs. 466.69 billion debt.

Jul 30, 2018

Probe into Chanda Kochhar debacle widens as ICICI reviews past loans

ICICI Bank is reviewing all the loans from last five years and plans to revamp its processes and correct all the loopholes.

Jul 30, 2018

In a first, Amazon's international losses shrink since 2016

Amazon's international losses for the June quarter were $494 million, a fall of 31 percent as against $724 million in the same quarter of last year.

Jul 28, 2018

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HCL on the rise, takes over Wipro as third largest IT firm

HCL reported Rs 2,431 crore in net profit for Q1, and overtook Wipro in terms of dollar revenue, clocking $2.05 billion, as compared to Wipro's $2.02 billion.

Jul 28, 2018

Crippled by bad loans, ICICI posts first ever loss in 16 years

Hurt by higher provisions for bad loans and bond losses, as well as the ongoing investigation into former Chief Executive Chanda Kochhar, ICICI Bank posted its first loss in 16 years, reporting Rs 1.2 billion in losses for the first fiscal quarter.

Jul 28, 2018

Food apps ahead of e-commerce giants in paying delivery staff

Swiggy and Zomato have doubled the salaries of delivery executives and they now pay more than e-commerce giants like BigBasket and Flipkart.

Jul 27, 2018

E-commerce giants, cotton industry hit by truck strike

With no end in sight for the strike, the cotton factories are on the verge of closure and vegetable prices are expected to rocket as inventory is dwindling.

Jul 27, 2018

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Companies

Freshworks becomes latest entrant in Indian unicorn club

Flipkart's loyalty programme to launch on Independence Day; here's all you need to know

Paytm Payments Bank suspends customer registration after RBI order

Jet Airways pay cut: 'Joy of flying' turns sour as staffers' salary to take a 25% dip

Tata Motors posts first loss in three years amid weak JLR sales

Swiggy's new loyalty programme to offer free deliveries

Ray of hope for home buyers as NBCC may take up stalled projects of Jaypee, Amrapali

Vijay Mallya faces final extradition hearing after losing Force India F1 team: Here's all he has lost so far

Banks, lessors serve default notices to debt-ridden Air India

Probe into Chanda Kochhar debacle widens as ICICI reviews past loans

In a first, Amazon's international losses shrink since 2016

HCL on the rise, takes over Wipro as third largest IT firm

Crippled by bad loans, ICICI posts first ever loss in 16 years

Food apps ahead of e-commerce giants in paying delivery staff

E-commerce giants, cotton industry hit by truck strike

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]