Companies

Microsoft CEO Satya Nadella speaks during a Microsoft cloud briefing event in San Francisco

Microsoft's Satya Nadella Top Paid CEO in US, Says Report

Indian-origin Satya Nadella, who heads Microsoft Corporation, is the top paid CEO in the US, with a pay of $84.3 million (Rs 525 crore) a year, according to Equilar.

Apr 16, 2015

Former US Employee of TCS Files Lawsuit Against the Company 'Favouring South Asians' in Hiring

Steven Heldt, ex-TCS employee, who filed the lawsuit, alleged that a "substantial anti-American sentiment" prevailing in the company led to his termination.

Apr 16, 2015

Nokia to Buy Alcatel-Lucent in $16.6 Billion Takeover

The combined company will have about 114,000 employees and combined sales of around 26 billion euros.

Apr 15, 2015

Money Talks: Shells bumper BG deal could start wave of oil and gas takeovers

Has a rush to buy up oil and gas companies just started?

Apr 14, 2015

Hero Working on Honda Activa's Rival to Boost Sales

Hero MotoCorp seems to be working hard on launching a rival to Honda Motor Co.'s best-selling scooter Activa, as it struggles with slowing demand in the motorcycle segment.

Apr 13, 2015

indians-shopping-for-gold-after-prices-fell

New PAN Card Rule for Jewellery Purchases May Lead to Job Losses

The government's proposal to make PAN card mandatory for jewellery purchases above ₹ 1 lakh in cash may lead to contraction in the industry and result in job losses in the sector, says Titan Company MD Bhaskar Bhat.

Apr 11, 2015

Xiaomi Faces Threat from Counterfeits

Revenue loss to Xiaomi as a result of counterfeits to Mi Power Bank is estimated at $115 million.

Apr 11, 2015

Flipkart Big App Shopping Days Sale Begins: Best Deals And Offers On Mobiles And Other Electronics

Flipkart, Snapdeal May Step Back on Discount Offers

The total losses incurred by online retailers as a result of discounts currently stand at almost ₹1,000 crore, says report.

Apr 10, 2015

Shoppers flock to try on the Apple Watch

Consumers in Australia, Tokyo and China flocked to Apple retail stores 10 April to get the worlds first up-close look at CEO Tim Cooks first new major product, which the tech giant expects will be its next runaway hit.

Apr 10, 2015

LinkedIn Forays into Online Education Services, Buys lynda.com

Billed as the largest acquisition by Linkedin since its inception, the company will pay 52% in cash and 48% in stock for the deal.

Apr 10, 2015

Snapdeal Acquires Mobile Recharge Platform FreeCharge, Expands Service Offerings

The Delhi-based e-retailer is reported to have paid ₹2,800 crore ($450 million) in cash and stock to acquire FreeCharge.

Apr 9, 2015

How a Strong Dollar is Affecting Non-US Business of Indian IT Companies

The dollar's rally against its major counterparts is hurting revenues of domestic software services firms in the non-US markets such as Europe, where the demand is already slowing due to sagging economy.

Apr 9, 2015

40% of French flights cancelled by air traffic control strike

Easter holiday plans were hit by a strike of French air traffic controllers on 8 April as 40 percent of flights were cancelled in a dispute over working conditions.

Apr 8, 2015

40% of French flights cancelled by air traffic control strike

Easter holiday plans were hit by a strike of French air traffic controllers on 8 April as 40 percent of flights were cancelled in a dispute over working conditions.

Apr 8, 2015