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Nike

Tripping up: Nike ticks 20% staff off its India roster

Oregon-headquartered Nike has gasped for breath in a demanding Indian market, and had closed its cricket bat sponsorship deals to save on costs. Sep 2, 2017
infosys q3 fy2017 results vishal sikka share price

Infosys seeks shareholder nod to appoint Pravin Rao as MD

Rao will continue to perform his role of COO and interim CEO along with that of MD while drawing his current remuneration. Sep 2, 2017
Indian banks capital adequacy ratio

Pay up or begone, Supreme Court tells managements of defaulting firms

SC ruled in favour of ICICI Bank in the case of Innoventive Industries which owes banks over Rs 950 crore. Sep 2, 2017
Infosys

Infosys says engaging with shareholders on governance standards

Stronger corporate governance oversight and transparency in communication with investors and shareholders of the company was the key demand of the founders led by N R Narayana Murthy. Sep 1, 2017
rajeev misra appointed as softbank board member, rajeev misra profile, softbank investments in india, softbank vision fund

SoftBank keen to end road rage between Ola, Uber

If the deal to invest in Uber fructifies, it might shake Ola's confidence and trigger a more intense rivalry between the two ride-sharing companies. Sep 1, 2017
R Seshasayee

Former Infosys Chairman Seshasayee asks Murthy to stop "personal attack"; here is the FULL TEXT

In a statement issued along with two board directors, Seshasayee asked Murthy to not make "false and slanderous accusations against" him over alleged governance failures during his term. Sep 1, 2017
Fighter jet

Adani to partner Saab to build single-engine fighter jets in India

The partnership will throw direct competition to US defence giant Lockheed Martin and French aircraft manufacturer Dassault who have tied up with Tata and Reliance respectively. Sep 1, 2017
baleno maruti suzuki march car sales

Car sales August 2017: This is how Maruti Suzuki, Hyundai, Tata Motors and others performed

Automakers are expecting increased sales momentum to continue post-GST implementation. Sep 1, 2017
BSNL

Government defers BSNL stake decision as Jio rocks sector

The entry of Jio, backed by billionaire Mukesh Ambani's Reliance Industries, has shaken the entire sector, not just BSNL, says a Reuters report. Aug 31, 2017
iGate

IT firms trim Q1 headcount by 3,000, first sequential fall in a decade

The decline in staff could well suggest that there is a slowdown in the industry. Aug 31, 2017
Air Costa

Air Costa yet to refund customers since suspending flight operations in February

Air Costa is the second low-cost airline in India to ground operations this year after Bengaluru-based Air Pegasus. Aug 31, 2017
Defense equipment

Larsen & Toubro eyes India's defence orders worth Rs 1.8 lakh crore

Prime Minister Narendra Modi came up with a new defence purchase policy, which allows private, non-state, local firms to compete for orders from the military Aug 30, 2017
A Ford self-driving delivery vehicle is pictured in front of a Domino's pizza restaurant

Ford driverless cars could eat into Dominos pizza delivery jobs

Ford is tying up with Domino's to test self-driving cars for pizza delivery. Read to know more. Aug 30, 2017
ola, olacabs, ola cabs, ola ceo bhavish aggarwal, ola founders, ola rival uber, cab hailing services in india

Ola-Uber competition hots up; now drivers offered free insurance cover

Uber drivers will get insurance cover of Rs 5 lakh in the event of death or permanent disability, up to Rs 2 lakh for hospitalisation and up to Rs 50,000 for OPD treatment. Aug 30, 2017
India restaurant

India's restaurant business gathers steam after 2 years

Stocks of three listed restaurant companies in India touched 52-week highs in August Aug 30, 2017
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