Companies

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Wipro chairman Azim Premji's took home Rs 79 lakh in FY17 as compared to Rs 2.17 crore in FY16, and this time the drop could be due to the chairman not being paid commission.

Jun 5, 2017

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SpiceJet Q4 net profit falls 43% due to higher fuel costs, demonetisation

For the March 2017 quarter (Q4), low-cost carrier SpiceJet's net profit dropped to Rs 42 crore, YoY while revenues rose 10 percent.

Jun 3, 2017

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Infosys, TCS to hire 40,000 employees; Infy COO Pravin Rao says job losses 'overstated'

Infosys COO Pravin Rao says his company would hire 20,000 people while TCS has "already made" 20,693 job offers for 2017-18, amid talks of layoffs.

Jun 3, 2017

Fiat Chrysler to hire 1500 more employees in India by 2017-end

The 1500 employees will be hired at Fiat Chrysler's plant in Ranjangaon, Pune, where the company is manufacturing the Jeep SUV – the Compass -- for India as well as the international market.

Jun 3, 2017

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Reserve Bank of India initiates steps to replace outgoing deputy governor SS Mundra

SS Mundra, currently one of the four deputy governors of RBI, is due to retire in July.

Jun 2, 2017

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IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

A survey covering 11,000 IT employees by a business newspaper throws up many interesting insights into the context of job cuts.

Jun 2, 2017

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IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Four Tech Mahindra employees and one from Wipro approached trade union FITE, which in turn had submitted their grievances to Karnataka government.

Jun 2, 2017

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Privatising Air India: Tatas eyeing state-run carrier?

A meeting that was reportedly held in New Delhi on Thursday between Tata Sons chairman N Chandrasekaran and union Finance Minister Arun Jaitley sets tongues wagging.

Jun 2, 2017

Tesla CEO Elon Musk, Disney head Robert Iger quit Trump's advisory councils after decision on Paris Climate deal

Donald Trump, on Wednesday, decided to pull the US out of landmark global agreement designed to fight climate change.

Jun 2, 2017

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SpiceJet commences three new daily flights from Surat to Hyderabad, Goa and Jaipur

To cater to the peak summer rush, from March to October, SpiceJet has added 19 new domestic and 3 new international flights.

Jun 1, 2017

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After Interglobe Aviation and Jet Airways, all eyes now on SpiceJet Q4 results

Jet Airways reported 95 percent fall in net profit for Q4 while Indigo-owner Interglobe Aviation's bottom line dropped 25 percent; SpiceJet's results are due on June 3.

May 31, 2017

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Reliance Communications shares plunge yet again on loan repayment, debt downgrading woes

Anil Ambani-owned Reliance Communications reported dismal Q4 results amid mounting loans and downgrading of its debt by credit rating agencies.

May 31, 2017

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Air India should be completely privatised, Niti Aayog tells Modi Govt: Report

Niti Aayog has made a case for fully privatising Air India in its report to the Prime Minister's Office submitted a few days ago.

May 31, 2017

Former TCS chief executive officer N Chandrasekaran took home Rs 25 crore as commission for FY 2017

N Chandrasekaran, who was with TCS before moving to Tata Sons this February, got Rs 30 crore for 2016-17, including commission.

May 30, 2017

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Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

Digital payments company FreeCharge, which was acquired by Flipkart's rival Snapdeal two years ago, is reportedly up for sale.

May 30, 2017

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Companies

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

SpiceJet Q4 net profit falls 43% due to higher fuel costs, demonetisation

Infosys, TCS to hire 40,000 employees; Infy COO Pravin Rao says job losses 'overstated'

Fiat Chrysler to hire 1500 more employees in India by 2017-end

Reserve Bank of India initiates steps to replace outgoing deputy governor SS Mundra

IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Privatising Air India: Tatas eyeing state-run carrier?

Tesla CEO Elon Musk, Disney head Robert Iger quit Trump's advisory councils after decision on Paris Climate deal

SpiceJet commences three new daily flights from Surat to Hyderabad, Goa and Jaipur

After Interglobe Aviation and Jet Airways, all eyes now on SpiceJet Q4 results

Reliance Communications shares plunge yet again on loan repayment, debt downgrading woes

Air India should be completely privatised, Niti Aayog tells Modi Govt: Report

Former TCS chief executive officer N Chandrasekaran took home Rs 25 crore as commission for FY 2017

Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

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]