Companies

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 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

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

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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'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

Nandan Nilekani will bring back 'acche din' to Infosys, says Narayana Murthy

"I am confident that the management team and professionals at Infosys will rally behind Nandan and bring back the glory days," Murthy said.

Aug 30, 2017

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Down and out: Videocon, JP Associates, IVRCL may be dragged to NCLT's doors

Most are from the power and infrastructure sectors and are on RBI's second list of loan defaulters.

Aug 29, 2017

Bloomberg charity scrutinised by India for anti-tobacco funding, lobbying

The government has since 2014 tightened surveillance of non-profit groups, saying they were acting against India's national interests.

Aug 29, 2017

NTPC divestment: Institutional investor quota oversubscribed 1.28 times

The government owns nearly 70% stake in NTPC and has set a floor price of Rs 168 apiece, aiming to raise around Rs 7,000 crore.

Aug 29, 2017

Hanging on a line: Taxman wants Rs 32,000 crore hug from Hutchison over Vodafone deal

The fine is on top of a tax demand for the same amount over the telco's $11.1-billion purchase of Hutchison assets in 2007.

Aug 29, 2017

Greenko in talks with Reliance Infra to buy out Mumbai power business

Power demand in India will likely cross 300 GW in the next ten years.

Aug 29, 2017

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Amazon eyes Grofers pie for $100 million to spoil Alibaba-BigBasket party

Amazon's investment in Gurgaon-based Grofers of around $100 milion could be a well planned strategy by the company to stay ahead of Flipkart. Read to know more.

Aug 29, 2017

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Modi govt to sell up to 10% of utility NTPC in potential $2.2 billion deal

The NTPC sale will be open for funds on Tuesday, while retail investors will be able to bid on Wednesday.

Aug 29, 2017

Uber names new CEO pick

Ending months of speculation, Uber picks Expedias Khosrowshahi as its prospective new CEO.If he takes the job, he would have a steep task ahead of him that includes not just repairing Uber and amp;#39;s corporate image but also creating a profitable business after years of losses.

Aug 28, 2017