Companies

Tatas set to write new India iPhone manufacturing story post Wistron plant acquisition

With Taiwanese electronics manufacturer Wistron selling its India operations to Tata Group for $125 million, Tata Electronics is going to become the first Indian company to manufacture new Apple iPhones in the country, which is a major fillip to the government's 'Make in India' initiative.

Oct 27, 2023

Murthy's 70-hr-a-week work call to youth triggers sharp reactions from founders [details]

Infosys founder Narayana Murthy's advice to youngsters in India, urging them to work 70 hours a week, has sparked sharp reactions from founders and leaders who said that while extended working hours can boost productivity, a balanced approach is equally necessary.

Oct 27, 2023

Bajaj Hindusthan Sugar in clear, petition dismissed; CCO hails NCLT's decision [read now]

With the news of NCLT's dismissal of petition against Bajaj Hindusthan Sugar, the company's shares witnessed a 2 percent surge, trading at Rs 23.99 at 1.15 PM, reflecting the positive sentiment surrounding the company.

Oct 26, 2023

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Air India Express to induct 50 new Boeing 737 MAX planes in next 15 months [details]

Air India Express is going to induct 50 new Boeing 737 MAX planes in the next 15 months. AIX Connect Managing Director Aloke Singh said this in his weekly message to the staff.

Oct 13, 2023

EV firm Ather Energy's losses swell 2.5 times to reach Rs 865 cr in FY23 [details]

Hero MotoCorp-backed electric vehicle (EV) company Ather Energy's losses surged more than 2.5 times in the financial year 2022-23.

Sep 24, 2023

Google Co-founder Sergey Brin quietly divorced wife after alleged affair with Musk

Google co-founder Sergey Brin quietly divorced Nicole Shanahan, an attorney and entrepreneur, over rumours that Shanahan was engaged in a romantic relationship with Tesla and SpaceX CEO Elon Musk.

Sep 17, 2023

Legal action by Akasa Air: Over 40 pilots face lawsuit for abrupt resignations

Akasa Air has initiated legal action against more than 40 pilots who recently left the airline to join other carriers. This sudden departure of pilots has compelled the airline, which commenced operations in August of the previous year, to cancel numerous flights since the previous month.

Sep 17, 2023

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Upcoming tech parks in Bengaluru; over 25 mega projects to transform North B'luru [see list]

From Infosys to SAP Labs and Boeing to Philips Innovation Campus, there are a lot of exciting new tech campuses on the horizon for Bengaluru's north part.

Sep 14, 2023

SoftBank likely sold 10 cr shares in Zomato for Rs 947 crore; stock up [details]

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of the company's equity, changed hands on Wednesday at a total deal value of around Rs 947 crore.

Aug 30, 2023

The strange media company behind Gen-Z social feeds that could be worth millions.

In an interview this summer, Justin Jin, a high school senior, talked about his rising entertainment brand Poybo Media and teenage entrepreneurship.

Aug 28, 2023

The 10 Most Highly Anticipated Public Listings of 2023

As we venture further into 2023, the financial world sits on the edge of its seat, eagerly awaiting a series of highly anticipated Initial Public Offerings (IPOs). Several innovative, rapidly growing companies across industries such as technology, biotech, and green energy, are predicted to make their debut on the stock market.

Aug 16, 2023

Air India gets new logo; Maharaja will "live on": New website, app launched [details]

Air India's new logo's composition and significance underscore the importance of colors, patterns, and shapes, as well as their collective representation. However, the true testament of its worth lies in the actions that follow.

Aug 10, 2023

Homegrown gaming platform MPL lays off 50% of workforce amid 28% GST regime

Homegrown online gaming platform Mobile Premier League (MPL) is reportedly slashing its workforce by nearly 50 per cent that will impact around 350 jobs, as the 51st GST Council meeting stayed firm on taxing online gaming at 28 per cent on gross value collected.

Aug 8, 2023

RIL's exports cross Rs 3.4 trillion; represents India's 9.2% total exports [details]

Reliance India Limited's exports for the year was Rs 3,40,048 crore (US$ 41.4 billion), a strong jump of 33.4 per cent from FY22 exports of Rs 2,54,970 crore (US$ 33.6 billion).

Aug 6, 2023

Global Business Trends: Has Wyoming Become a Tax Haven?

Wyoming is one of several states that allows customers to put a private company (usually controlled by family members) in charge of their trust, ensuring complete control over the assets and an extra layer of financial secrecy.

Aug 4, 2023

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