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Companies

China's investment abroad remained stagnant in first three quarters

Xiaomi raises concern after tax searches on Chinese firms in India

After New Delhi launched a probe into Chinese companies on tax and income issues, Chinese experts described the business environment in India as "harsh". Dec 25, 2021
Go First

Go First offers 20% discount on domestic flights for passengers fully vaccinated

Private airline Go First, formerly known as GoAir, has introduced a 20 per cent discount scheme on domestic flights for passengers who have received both doses of Covid vaccine. Dec 23, 2021
WhatsApp

WhatsApp messages to disappear by default unless opted otherwise [Details]

In its new feature, Whatsapp will allow its users to enable 'disappearing messages' for new chats. If users want the chats to remain, they can switch back to the setting easily. Dec 7, 2021
Samsung

Samsung unveils new leadership, replaces all 3 CEOs; see who new execs are [details]

In a surprise move, tech-giant Samsung all three CEOs, hinting at the company's future growth and enhancement. The company is set to create management that will let young talents nurture and a flexible corporate culture. Dec 7, 2021
A screenshot from the viral video

Indian-Origin CEO fires 900 employees on 3-minute Zoom call; video goes viral [watch]

The CEO of Better, Vishal Garg, drew flak on social media for not just firing 15 percent of the company's employees over a zoom call but also continuing to flash a 'we're hiring' tag on his Linkedin profile which was removed soon after the screenshot of his page went viral. Dec 6, 2021
Elon Musk

SpaceX CEO Elon Musk warns of bankruptcy in email to employees [Details]

Elon Musk warns employees of potential bankruptcy of Space X through an email.Musk also revealed that instead of taking the weekend off as planned, he was going to be working on the Raptor all night and over the weekend Dec 1, 2021
Reliance Jio

Reliance Jio prepaid tariffs hike: Consumers to pay around 20% more [see new plans]

The announcement by Reliance Jio comes few days after Vodafone Idea and Bharti Airtel announced a hike in their respective prepaid tariffs. Nov 28, 2021
Mukesh Ambani

Why Reliance and Aramco call off their whopping $15 billion deal: Explained

RIL and Aramco inked a non-binding letter of intent in August 2019 for the Saudi giant to buy a 20% share in Reliance's Oil to chemical business for $15 billion. Nov 22, 2021
Unacademy

Unacademy spent ₹5 to make ₹1 in FY21; revenue, losses surge 6X [financials explained]

Edtech giant Unacademy filed its financial results for FY21, which shows the company has grown immensely but its spending needs to be pulled back several notches to balance the sheets. Nov 22, 2021
Government intervenes to save IndiGo from Jet Airways-like crash landing

Sky's the limit: IndiGo is now tenth largest airline by capacity globally; growth indisputable [details]

IndiGo has emerged as the tenth-largest airline globally and largest in the APAC region by seat capacity. Here's what's giving thrust to the airline major to fly higher. Nov 22, 2021
Elon Musk

Tesla Chief Elon Musk sells $ 5 billion worth Tesla shares after Twitter Poll

It is pertinent to note that Musk's Twitter poll asking about selling 10% of his Tesla stock came after some Congressional Democrats pushed for rich like him to shed taxes on stock gains even if they don't sell any. Nov 11, 2021
yes bank

Yes Bank's Q2FY22 YoY net profit up over 74%

Non-interest revenue increased by 30.2 percent to Rs 778 crore from Rs 597 crore during the review period. Oct 23, 2021
RIL

RIL reports Q2FY22 YoY net profit up by 46% to Rs 15,479 cr

Net profit for the quarter increased 44.1 per cent year on year to Rs 9,228 crore on a standalone basis. Oct 23, 2021
Google

Why governments across the globe are taxing major tech companies: Explained

It is pertinent to note that the IMF has also expressed some interest in the proposal. Oct 13, 2021
Mukesh Ambani

Invesco proposed merger with large Indian group in Feb 2021: Zee's Goenka

Another merger deal pushed by its largest overseas shareholder that would have robbed the shareholders of at least Rs 10,000 crore come up. Oct 13, 2021
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