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Companies

Airtel revises its IR packs and services

Great news for Airtel users traveling abroad: Telco finally addresses customer grievances

Airtel finally puts an end to exorbitant bills after incurring unwanted charges during international roaming. Here's everything you need to know. Feb 26, 2020
Michael Miebach (R) to replace Ajay Banga as Mastercard CEO

Who is Michael Miebach, Mastercard's new CEO?

Mastercard has elected Michael Miebach as the new CEO to replace Ajay Banga next year onwards. Feb 25, 2020
Air India Airbus A320 passenger aircraft.

Adani group enters race to buy 'Maharajah', to submit EoI by next month

In this years' budget speech, finance minister Nirmala Sitharaman mentioned Air Indian as one of the state-owned companies to be disinvested this fiscal year. Feb 25, 2020
Air India Airbus A320 passenger aircraft.

Debt-ridden Air India to raise Rs 700-crore short term loan: Here's why

The deadline for bidding extended till March 6, 2020 by the Centre to sell 100% of its stake in Air India. Meanwhile, the debt-ridden airline refuses to give up and is seeking to raise Rs 700 crore via short-term govt-guaranteed loan. Feb 25, 2020
Telecom India

Two-pronged strategy to avert telecom disaster: Centre may offer relief on taxes, input costs

Two major telcos including Bharti Airtel and Vodafone idea are facing statutory dues of over crore Rs 35,500 and Rs 53,000 crore, respectively. Feb 24, 2020
BJP shiv Sena alliance

Maharashtra might lose out on the $70 bn Ratnagiri Refinery Project to Gujarat

Gujarat's speedy approval processes and business-friendly policies make it ideal for RRPCL project to move there. Feb 24, 2020
Backlash over Reliance Jio's decision to charge voice calls

Jio makes U-turn on tariff transparency, doesn't want to reveal special recharge packs

Jio makes U-turn on tariff transparency, doesn't want to reveal special recharge packs Feb 21, 2020
No 100-SMS limit soon

TRAI wants to remove 100 daily SMS limit: What does it mean for users?

The Telecom Regulatory Authority of India (TRAI) released a draft regulation that aims to remove the current limit of 100 SMS on the users. Feb 20, 2020
jeff bezos delhi event

Jeff Bezos pledges $10 billion to fight climate change

In an Instagram post, Amazon Founder and CEO said he is launching an initiative called the "Bezos Earth Fund". Feb 19, 2020
hsbc

HSBC layoffs 2020: London-based bank to axe up to 35,000 jobs in massive overhaul

Europe's biggest bank by assets, which has long underperformed rivals, reported profit before tax of $13.35 billion for 2019 versus $19.89 billion a year earlier. Feb 18, 2020
Microsoft logo

Microsoft's third R&D hub in India creates jobs for 'thousands of engineers'

After Bengaluru and Hyderabad, Microsoft expands to Noida with its third India Development Centre (IDC). Feb 17, 2020
Sony India

Cheaper Chinese Television effect: Sony slashes 120 jobs in India

Sony is facing a tough time in India with the market flooded with cheaper Chinese alternatives. Feb 17, 2020
Airtel Vodafone

Airtel deposits Rs 10,000 crore AGR dues to telecom department; Vodafone Idea to pay next

Bharti Airtel said it is in the process of self-assessment of accounts and will duly make the balance payments before the next date of hearing (March 17). According to DoT, Bharti Airtel owes Rs 35,500 crore to DoT. Feb 17, 2020
tata group bombay house ratan tata cyrus mistry removal tata sons companies market cap going by tcs tata motors steel voltas london europe speculation successor

Tata Trusts appoints new CEO: Srinath Narasimhan takes charge on April 1

Tata Trusts observed two major changes in upper management. Here's everything you need to know. Feb 12, 2020
startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring

Here's why Indian startups are registering their businesses abroad

Interestingly, India major start-ups including Oyo, Curefit, Lenskart, Urban Company and Paytm First Games, which began their operations in India are now also registering their new investment units in Singapore or the United States. Feb 12, 2020
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