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OYO in talks to buy Keys Hotels from US-based private equity firm

If the deal materialises, it would be the fourth acquisition in a year for Softbank-backed OYO.

Feb 10, 2019

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DGCA bar on longer Neo, MAX flights affects Indigo, Jet

The curbs were put in place after a 737 MAX jet operated by Indonesian airline Lion Air had crashed last year, killing all 189 people on board.

Feb 10, 2019

Tesla's delivery team gutted in recent job cuts

Tesla declined to comment on the job reductions in the delivery team. The company still has an undisclosed number of delivery personnel attached to other locations.

Feb 9, 2019

Lenders react sharply to Anil Ambani remarks on fire sale of ADAG firms' shares

Shares of Anil Ambani group companies lost Rs 14,000 crore in market cap prompting Ambani to attribute motives to the fire sale.

Feb 9, 2019

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British billionaire Richard Branson to go to space by July?

Branson wants to commemorate the 50th anniversary of the moon landing, which took place on July 20, 1960, during the Apollo 11 mission.

Feb 8, 2019

infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Infosys to double campus hiring in US, on track to take in 10,000 local workers by 2020

In the last 18 months, Infosys is known to have hired about 7,600 locals in the US and had said that it was making a "sustained effort" in taking forward its localisation drive. Many believe this is the company's way to appease the Trump's admin that has tightened H-1B visa rules to stop its "abuse."

Feb 8, 2019

Tata Motors logos are seen at their flagship showroom

Tata Motors reports massive Q3 net loss of Rs 26,961 crore on Jaguar Land Rover woes

According to the group, its net profit was impacted by an exceptional item of "Asset Impairment" in JLR (Jaguar Land Rover) worth Rs 27,838 crore (3.1 billion pounds).

Feb 8, 2019

Twitter Goes Public On The New York Stock Exchange

Twitter revenue hits $909 million in Q4

The social network's net income for the fourth quarter was $255 million, compared with $91 million in the same period of a year earlier, representing a net margin of 40 per cent.

Feb 8, 2019

Cognizant CEO Francisco D'Souza steps down, Vodafone executive Brian Humphries to take over

This is the first time Cognizant has picked an outsider to head the company and Humphries will take over on April 1, 2019. D'Souza will serve as a full time executive vice chairman until June 30, after which he will be a part of the board as a vice chairman.

Feb 7, 2019

Essel Group eyes hiving off finserv businesses to cut debt burden

The move is part of Subhash Chandra's efforts to deleverage debt-laden balance sheet after lenders secured a deal over Zee Entertainment

Feb 6, 2019

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Business news

OYO in talks to buy Keys Hotels from US-based private equity firm

DGCA bar on longer Neo, MAX flights affects Indigo, Jet

Tesla's delivery team gutted in recent job cuts

Lenders react sharply to Anil Ambani remarks on fire sale of ADAG firms' shares

British billionaire Richard Branson to go to space by July?

Infosys to double campus hiring in US, on track to take in 10,000 local workers by 2020

Tata Motors reports massive Q3 net loss of Rs 26,961 crore on Jaguar Land Rover woes

Twitter revenue hits $909 million in Q4

Cognizant CEO Francisco D'Souza steps down, Vodafone executive Brian Humphries to take over

Essel Group eyes hiving off finserv businesses to cut debt burden

No more discounts on Zomato and Swiggy? Code of conduct to soon hit online food aggregators

Ericsson files contempt plea against SBI chief over Rcom's Rs 550 cr dues - Report

More headache for Bharti Airtel as Moody's downgrades rating over cash flows

Subhash Chandra's personal guarantee saves Zee from default

Flipkart co-founder Binny Bansal focusing energy on nurturing startups