Companies

Infosys techies accuse CEO, CFO of unethical practices

A few anonymous employees of global software vendor Infosys have accused its Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy of unethical practices for many quarters.

Oct 21, 2019

Amazon, Flipkart record festival sales euphoria may wither under regulatory fire

DPIIT asks e-commerce giants Amazon and Flipkart to reveal top-five sellers and capital structure following trade body's complaints about foreign direct investment norms violation and deep-discounting worries.

Oct 21, 2019

FM Sitharaman pitches special plan for firms fleeing China

Is India the new China? Sitharaman eyes blueprint for firms fleeing trade war

Finance Minister Sitharaman says a 'blueprint' to attract investment deserting China over trade tensions with the US will have importance beyond the current crisis.

Oct 20, 2019

Huawei in early talks with US firms to license 5G platform: Huawei executive

Vincent Pang, senior vice president and board director at the company said some firms had expressed interest in both a long-term deal or a one-off transfer.

Oct 20, 2019

FDA finds traces of Asbestos: Johnson & Johnson recalls 33,000 bottles of Baby Powder

J&J is voluntarily recalling the lot, #22318RB, which consists of 33,000 bottles and has urged the customers who bought the product not to use them.

Oct 19, 2019

ED raids premises of DHFL promoters in money laundering case

Mirchi died in 2013. The ED had on October 11 arrested two of his associates -- Haroon Yusuf and Ranjit Singh Bindra -- for felicitating a land deal worth Rs 200 crore.

Oct 19, 2019

How the Singh brothers stripped Religare bare of Rs 3,000 crore

Former Foris Health Care promoters, Malvinder Mohan Singh and Shivinder Mohan Singh, who were arrested for misappropriating funds of Religare Finvest, sought for interim bail as they want to settle the case with the complainant.

Oct 19, 2019

Amid sluggish growth in core business, Ola introduces self-drive car rentals in Bengaluru

Ola's entry into the self-driving business with its deep pocket may disrupt the market which is largely dominated by three players including Zoomcar, Drivezy, and Revv.

Oct 18, 2019

The Air India plane flying the inaugural trip from Lucknow,

Government agrees to repay half of Air India's debt to attract buyers

The Centre may go for the complete exit from Air India along with cutting down working capital and allowing future owners to fire employees a year after divestment.

Oct 18, 2019

How will the Brexit deal affect large Indian corporate investors in the UK?

Tata Group is happy that the Brexit deal removes some uncertainty while many others are yet to decide and remain tight-lipped as they assess the situation

Oct 18, 2019

Reliance Industries becomes first Indian firm to hit Rs 9 lakh cr market cap ahead of Q2 results

The surge in market capitalisation and share prices comes ahead of the company's second-quarter results to be announced later in the day.

Oct 18, 2019

Adani Group, 3 multinational firms plan $4 billion petrochemical complex in Gujarat

The collaboration includes evaluating a joint world-scale propane dehydrogenation (PDH) plant to produce propylene-based on propane feedstock to be supplied by Adnoc.

Oct 18, 2019

Air India Airbus A320 passenger aircraft.

Air India divestment: Permission to retrench staff may clinch deal in second bid

The Modi government may get second time lucky with the offer made sweeter with 100% stake sale and permission to retrench staff under voluntary retirement scheme norms

Oct 17, 2019

Social media scare prompts HDFC Bank to clarify on deposit insurance programme

Photograph of a passbook page affirming that deposits are insured for up to Rs 1 lakh as per a 2017 RBI circular circulated on social media causing panic amid continuing stress in India's banking sector.

Oct 17, 2019

uber ola cabs surge pricing licence karnataka taxi hailing aggregators, uber drivers, ola drivers, uber driver strike

Uber sacks 350 employees globally, less than 10% based in India

As the company faces stiff competition from home-grown ride-hailing service Ola, it is injecting huge investment, making cost-cutting a target.

Oct 17, 2019

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Companies

Infosys techies accuse CEO, CFO of unethical practices

Amazon, Flipkart record festival sales euphoria may wither under regulatory fire

Is India the new China? Sitharaman eyes blueprint for firms fleeing trade war

Huawei in early talks with US firms to license 5G platform: Huawei executive

FDA finds traces of Asbestos: Johnson & Johnson recalls 33,000 bottles of Baby Powder

ED raids premises of DHFL promoters in money laundering case

How the Singh brothers stripped Religare bare of Rs 3,000 crore

Amid sluggish growth in core business, Ola introduces self-drive car rentals in Bengaluru

Government agrees to repay half of Air India's debt to attract buyers

How will the Brexit deal affect large Indian corporate investors in the UK?

Reliance Industries becomes first Indian firm to hit Rs 9 lakh cr market cap ahead of Q2 results

Adani Group, 3 multinational firms plan $4 billion petrochemical complex in Gujarat

Air India divestment: Permission to retrench staff may clinch deal in second bid

Social media scare prompts HDFC Bank to clarify on deposit insurance programme

Uber sacks 350 employees globally, less than 10% based in India

Showcasing Calcutta on screen: From communism to tragic human condition

New York, London, Puri: Odisha's city provides safest tap water in India, like world's best cities [details]

US man wins $100,000 lottery jackpot twice using same numbers; two consecutive wins In two years