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Companies

Xiaomi Mi Mix 2, Review, display, design, performance

Xiaomi plans to sell electric vehicles and many other consumer products in India

The company also plans to enter India's payments bank business. Dec 12, 2017
apple-inc

Apple buys music-recognition app Shazam; all you need to know

Cupertino-based technology major Apple has acquired music-identification app company Shazam for $400 million. Dec 12, 2017
Unitech Managing Director Sanjay Chandra

Unitech approaches SC against NCLT order; shares surge as govt take over of management imminent

Shares of Unitech rose as much as 20 percent after the NCLT authorised the government to change the board of the company. Dec 11, 2017
Amazon

Amazon India's sales volume soars 67 percent in September quarter

Amazon also claimed that it grew much faster than its biggest home-grown rival Flipkart in the April-September period. But what do Indians prefer Amazon or Flipkart? Dec 11, 2017
Air India flight

Foreign airlines must be allowed to bid for Air India: IATA chief executive

Alexandre de Juniac says that the government can keep a part stake initially but should eventually exit Air India. Dec 11, 2017
Condé Nast

Are layoffs in vogue? Condé Nast trims number of magazines' issues; likely to cut jobs as cost-cutting measure

Condé Nast is said to be planning to merge the fashion-market editors of its magazines Vanity Fair, Glamour, and W under a single department, which means the brand will cut quite a few jobs. Dec 9, 2017
Unitech Managing Director Sanjay Chandra

New management to be appointed for Unitech, NCLT accepts govt plea

The National Company Law Tribunal (NCLT) had suspended all the eight directors of the realty firm. Dec 9, 2017
General Electric

After Siemens, GE to lay off 12,000 employees worldwide as part of firm's turn-around plans

The 12,000 jobs cuts are said to be a part of GE's efforts to turn the company around since Jeffery Immelt stepped down in August and the firm was taken over by CEO John Flannery. Dec 8, 2017
Samsung

Another IT boom in the offing? Samsung India to hire 1,000 engineering grads for new-age profiles

Besides offering placements to the IIT graduates, Samsung will also hire from other premier colleges like Delhi College of Engineering, BITS Pilani, Manipal Institute of Technology. Dec 8, 2017
Tata Steel

Tata Steel slapped with Rs 10 lakh fine from SEBI for delay in disclosures

The company made the disclosures two years after its stakes surged. Dec 8, 2017
Jobs and hiring

Placements 2017: Tech companies go on bulk hiring; non-engineering students too bag fat paycheques

A final year student of economics at Delhi's LSR College has bagged a salary offer of close to Rs 38 lakh per annum this year. Dec 7, 2017
Nandan Nilekani

Nandan Nilekani expects Infosys to post good result next year

"There's a large opportunity out there helping global clients re-imagine their business, its opportunity of a new kind," said Nileknai. Dec 7, 2017
Cognizant Chennai

Another 50 employees of Cognizant move labour court against forceful resignation

The employees of Cognizant were moved to another business service provider called Quess and given only a fixed term of four months which suggests that they might be jobless after the term is over. Dec 7, 2017
startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring

Good news for job seekers as top Indian start-ups are going big on hiring

Companies such as Snapdeal, ShopClues and Flipkart are experiencing a boom in business and require more human capital in the near future, the report stated. Dec 6, 2017
Whisky

Indian whiskies to conquer the world? Pernod Ricard to hard sell Blenders Pride, Imperial Blue globally

The Indian whiskies could find consumers across the Americas, Southeast Asia, besides tapping the Middle East and African markets. Dec 6, 2017
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