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Companies

SBI

SBI to use new age blockchain technology for smart contracts, KYC

To take full advantage of blockchain technology, a consortium named BankChain was floated in February 2017 with SBI as its first member. Nov 20, 2017
Siemens

Siemens employees threaten to go on a strike after firm announces 6,900 job cuts worldwide

After Siemens announced that it would cut 6,900 jobs worldwide, numerous employees protested at Siemens' Berlin factory and said that they do not rule out strikes as a last resort. Nov 20, 2017
Xiaomi

100 Indian start-ups likely to get $1 billion investment from Xiaomi

Xiaomi and its investment arm Shunwei Capital will invest in businesses like content, financial technology, hyperlocal services, mobile phone repairs and manufacturing. Nov 20, 2017
Apple Inc

It's time to land your dream job as Apple gears up to hire from IIT Bombay this placement season

Apple gave out application forms a while ago and students who applied for the roles and were short-listed by the firm will reportedly take up a test in the last week of November. Nov 20, 2017
Infosys

Infosys gears up for buyback offer; firm to purchase 11.3 crore shares from November 30

The programme starts on November 30 and closes on December 14 and during the period the firm will buy back 11.3 crore equity shares, shelling out Rs 13,000 crore at Rs 1,150 per share. Nov 18, 2017
Anil Ambani

Reliance Communications and Aircel lash out at rivals for causing them 'irreparable damage' with false advertising

RCom and Aircel have now accused Bharti Airtel, Vodafone and Idea Cellular of trying to poach its customers through false advertising. Nov 18, 2017
Aircel

More trouble brewing? Aircel defaults on debt repayment amid reports of possible shutdown

Aircel has been failing to meet its loan repayment deadlines, due to which its account has been tagged as SMA1 (payment overdue between 31-60 days) by the State Bank of India and other lenders. Nov 17, 2017
Siemens

Siemens to lay off 6,900 employees worldwide; faces the wrath of German trade union

About 6,900 employees are set to be shown the doors, out of which about 6,100 workers are likely to be from the power and gas division, which has been seeing a slowdown. Nov 17, 2017
Meet India's 10 highest paid CEOs: 2017

Meet India's 10 highest paid CEOs of 2017 [VIDEO]

Here's a look at the top highest pay packages commanded by corporate tycoons in India. Nov 16, 2017
10 ways to not get fired from your dream job

10 ways to not get fired from your dream job [VIDEO]

Here's a list of important points you should know before you even start your new dream job in order to not get fired. Nov 16, 2017
Dream Chaser Spacecraft has first successful test flight

Dream Chaser Spacecraft has first successful test flight

Sierra Nevada Corporations (SNC) Dream ChaserĀ® spacecraft had a successful free-flight test on 11 November, 2017 at Edwards Air Force Base, with support of Nasas Armstrong Flight Research Center. Nov 15, 2017
N R Narayana Murthy

'All is well' at Infosys, says co-founder Narayana Murthy

"Nandan himself has been a CEO and he knows what he requires and there is no need for advice," said Murthy. Nov 15, 2017
Employees

Indian firms create over 113,000 jobs in US even as domestic job market sees a slowdown

About 100 Indian firms totally employ 113,423 people across 50 states of the US, the District of Columbia and Puerto Rico. Nov 15, 2017
Amazon

Amazon India doubles capital to Rs 31,000 crore to give tough competition to Flipkart

With the new capital infusion, Amazon almost matched the commitment of Rs 32,500 crore ($5 billion) made last year. Nov 15, 2017
Reliance Jio

Reliance Jio to enter e-commerce market after disrupting telecom industry

Jio is working with grocery stores and consumer brands to create an operational model. Read to know more: Nov 15, 2017
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