Companies

Backlash over Reliance Jio's decision to charge voice calls

Vodafone issues ultimatum to Indian govt: UK media

Global telecom player, Vodafone has told Indian authorities that it will not provide more capital for its India business unless there are provisions allowing it to compete with Mukesh Ambani's Reliance Jio.

Nov 13, 2019

jack ma, alibaba, chinese startups, jack ma paytm, indian startups

Alibaba Singles' Day sales jump 24.3% to $38.3 bn, sets new record

The high-double digit growth in the Global Shopping Festival, branded as Double 11, holds high hopes for the Chinese economy which has slowed down in the wake of global trade war and sagging demand.

Nov 12, 2019

Discontent in ITS officers of BSNL/MTNL after govt revival package

The Indian Telecom Service Association (ITSA) has asked the Central government to issue directions to the DoT, BSNL and MTNL to effectively execute the revival plan announced by the Union government to allocate resources in an optimal manner.

Nov 12, 2019

Are e-commerce firms Amazon and Flipkart going to face more regulatory pressure?

Brick-and-mortar traders have urged PM Modi to institute a ministerial-level inquiry into 'unholy nexus' between banks and e-commerce giants Amazon and Flipkart.

Nov 11, 2019

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Aramco has entered into a non-binding letter of intent with Reliance Industries Limited on August 12, 2019, to purchase a 20 per cent stake in its oil to chemicals division.

Nov 11, 2019

Will Mukesh Ambani play protective big brother to Anil against Chinese banks?

Three Chinese banks have taken Anil Ambani to London court over $680 million default on loan to defunct Reliance Communications Ltd; Banks claim the embattled tycoon gave a personal guarantee to the loans

Nov 9, 2019

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms.

Nov 7, 2019

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

The company has not disclosed how many such employees were fired in the recent past.

Nov 6, 2019

Will Gautam Adani bag crown jewel Mumbai airport to add to 6 airports in kitty?

Adani Properties wants the deadline for closing the deal to acquire Bidvest's 23.5% stake in Mumbai airport pushed to February 7; time granted to airport's majority shareholder GVK to enforce the first right of refusal ends on Thursday.

Nov 6, 2019

Explainer: Why LIC plans to scrap high-yielding schemes from November 30

LIC's insurance agents are pushing the existing products hard, asking customers to buy them before they close on November 30.

Nov 4, 2019

Will official panel proposals help telecom sector survive blow of huge levies?

The official panel may recommend measures to give respite to telecom players Vodafone Idea and Bharti Airtel without which the two may become unviable leaving the field clear for Reliance Jio.

Nov 4, 2019

Infosys says no prima facie evidence found on whistleblower complaints

In a letter to the National Stock Exchange dated November 2, the company said the anonymous complaints were still under investigation.

Nov 4, 2019

OYO LIFE emerges as India's biggest player in co-living spaces, to add 1 lakh beds by 2020 end

As OYO LIFE is celebrating its first anniversary, it plans to set up 100,000 beds across major cities in the country by the end of 2020.

Oct 31, 2019

Cognizant layoffs: IT major to cut 7,000 mid-senior level jobs in restructuring push

The restructuring is part of the '2020 Fit for Growth Plan' that involves investment in technology, sales and marketing, reskilling, acquisitions, and partnerships to sharpen strategic positioning in key digital areas.

Oct 31, 2019

Telecom industry stares at another round of firing post AGR ruling

The ruling from the SC would force the industry to pay a hefty amount of Rs 1.3 lakh crore and the development has come at a critical point when the industry is looking for a turnaround.

Oct 29, 2019

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Companies

Vodafone issues ultimatum to Indian govt: UK media

Alibaba Singles' Day sales jump 24.3% to $38.3 bn, sets new record

Discontent in ITS officers of BSNL/MTNL after govt revival package

Are e-commerce firms Amazon and Flipkart going to face more regulatory pressure?

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Will Mukesh Ambani play protective big brother to Anil against Chinese banks?

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

Will Gautam Adani bag crown jewel Mumbai airport to add to 6 airports in kitty?

Explainer: Why LIC plans to scrap high-yielding schemes from November 30

Will official panel proposals help telecom sector survive blow of huge levies?

Infosys says no prima facie evidence found on whistleblower complaints

OYO LIFE emerges as India's biggest player in co-living spaces, to add 1 lakh beds by 2020 end

Cognizant layoffs: IT major to cut 7,000 mid-senior level jobs in restructuring push

Telecom industry stares at another round of firing post AGR ruling

Covid vaccine-Cardiac illness link more evident now, CDC data alarm experts

Bigg Boss Tamil Season 5: Will Kamal Haasan Return as the Host; Here's the Truth

Indian American Kevin Kishore Kaul readying for California Governor's race