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Cognizant to lay off thousands of employees

American IT company Cognizant is planning to lay off more than 5,000 employees; the company has 2.44 lakh employees globally, including 1.50 lakh in India. Mar 20, 2017
idea cellular share price, idea cellular vodafone merger, aditya birla group, bharti airtel share price, reliance jio, indian telecom sector

Idea Cellular shares trim losses, yet 7.4% down post merger announcement with Vodafone

Vodafone will hold 45 percent stake and Idea Cellular 26 percent in the merged entity that will dethrone Bharti Airtel as the largest Indian telecom service provider; shares of Idea Cellular are down 7.3 percent after early gains. Mar 20, 2017
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ITC shareholders gain Rs 21,850 crore during the week from GST boost

Market capitalisation of cigarette maker ITC saw spurted after the GST announced a cap on mess, allaying fears of investors. TCS maintained its top status. Mar 18, 2017
Boeing

Boeing plans to lay off about 500 workers

A person familiar with the notices said this latest round of cuts in May would affect fewer than 500 staff. Mar 18, 2017
Airbus, India, New Delhi

Delhi: Airbus to set up its first Asia training centre for aircraft pilots at Aerocity

The Airbus India Training Centre at Aerocity in New Delhi will be built in a modular concept in order to become operational by end-2018 with two A320 full flight simulators. Mar 17, 2017
shopclues controversy, shopclues cofounders sandeep and radhika, shopclues radhika aggarwal, shopclues ceo sanjay sethi, controversies at indian startups

ShopClues unveils surety programme to enhance shopping experience

The service is in addition to the ShopClues Buyer Protection program. Mar 17, 2017
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Snap shares drop 4 percent, fall below $20 for the first time

Snap, the company that owns photo-sharing mobile app Snapchat, this month pulled off the hottest technology offering in three years, but after two days of gains its stock has steadily retreated. Mar 17, 2017
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How Rs 950 invested in Infosys in 1993 IPO is now worth over Rs 50 lakh

Indian IT services company Infosys came out with its IPO in February 1993 and has declared many bonus issues since then, resulting in huge wealth creation. Infosys founders include Narayana Mirthy, Nandan Nilakeni, K Dinesh, Shibulal, Kris Gopalakrishnan, Mar 16, 2017
wipro, us sec, wipro settles case with us sec, share price, wipro q3

Wipro wins 12-year contract to develop patient index tool for NHS in Scotland

Bengaluru-based Indian IT company Wipro will be developing it for the National Healthcare System (NHS) in Scotland. Mar 16, 2017
BAE Systems to push 3D printing and VR to speed up manufacturing

BAE Systems to push 3D printing and VR to speed up manufacturing

BAE says 3D printing and virtual reality are helping improve production processes for the Eurofighter Typhoon. Mar 16, 2017
hcl tech share price, hcl tech share buyback, infosys buyback, indian it companies, sensex gainers, sensex losers

HCL Technologies mulls share buyback; e-voting for Infosys resolutions ends on March 31

TCS has already announced, Infosys is likely to and HCL Technologies is also planning share buyback; Wipro completed the same last year. Mar 16, 2017
triple h, stephanie mcmahon, wwe

WWE incomes revealed: How much do Triple H and Stephanie McMahon earn?

The McMahons still rule the roost in terms of earnings in the history of family businesses in sports entertainment. Mar 15, 2017
stayzilla cofounder yogendra vasupal arrested, stayzilla investors, indian startups, startups in india, stayzilla shuts operations, jigsaw advertising files complaint against stayzilla, stayzilla sanchit singhi, vasupal wife rupal yogendra

Stayzilla co-founder Yogendra Vasupal arrested for non-payment of dues; Karnataka's IT minister intervenes

Sachit Singhi, co-founder of Stayzilla, said Jigsaw Advertising had filed a complaint with the police in Chennai against both the co-founders, accusing them of fraud. Mar 15, 2017
tata starbucks, tata starbucks mobile app, tata starbucks stores in india

Starbucks launches India Mobile App

The Starbucks® India mobile app will give customers a fast and convenient way to pay for in-store purchases. Mar 15, 2017
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Palred Technologies shares hit 52-week high, gain 52% in 4 days on fund infusion

LatestOne.com owner Palred Technologies will issue 1.52 million shares at Rs 145 per share to investors from Florintree Advisors,Chryscapital and others. Mar 14, 2017
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