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Instagram co-founders resign over differences with Mark Zuckerberg

Instagram is expected to get more tightly integrated with Facebook and could become a product division rather than being an independent operation after the exit of its co-founders.

Sep 25, 2018

TCS sued by 3 US citizens over employment discrimination

The three complaints -- Darryl Stacy, Donald Stephen Bradley, and Hesham Hafez -- have alleged that TCS prefers to bring in the human resources from India even though there are able and trained US citizens

Sep 25, 2018

Oyo secures $1 billion in fresh funds to drive China expansion

The billion dollar boost comes from existing investors such as SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners.

Sep 25, 2018

Former content moderator sues Facebook over mental trauma

The company has said it was "reviewing" the lawsuit and took moderator support "seriously" and pointed to its existing assistance, including "in-house" psychological and wellness support.

Sep 25, 2018

Who is Ajit Mohan? All you need to know about Facebook India's new chief

Ajit Mohan will assume his new role as managing director and vice-president of Facebook's India operations starting from next year. Mohan joins Facebook with over two decades of industry experience.

Sep 25, 2018

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

The pharmaceutical major had earlier moved IT, reporting, data and communication jobs to Poland and India to cut down costs. In 2017, Novartis boosted its India operations in Hyderabad, where it has more than 3,500 employees.

Sep 25, 2018

Boeing to invest Rs 1,152 cr to build electronics, avionics facility in Bengaluru

Boeing India President Pratyush Kumar met state Chief Minister H.D. Kumaraswamy at the state secretariat to discuss the project.

Sep 25, 2018

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

In the upcoming days, if Flipkart announces its new CEO at the group level, it will witness the fourth major change in leadership in as many years.

Sep 24, 2018

Play

Comcast outbids Fox by acquiring Sky for $40 million in dramatic auction

Buying Sky will make Philadelphia-based Comcast, which owns the NBC network and Universal Pictures, the world's largest pay-TV operator with around 52 million customers.

Sep 23, 2018

Google updates privacy policy for Indian payment app after Paytm complaint

The policy was updated on Thursday night has come after the Indian company, Paytm had sent a communication to the National Payments Corporation of India, raising concern over the possible misuse of data of Indians.

Sep 22, 2018

Dubai's Emirates could take over Abu Dhabi's Etihad to create world's largest airline - Report

According to IATA statistics, Emirates is the world's fourth largest airline by passenger numbers, behind American, Delta Air Lines, and United Airlines.

Sep 21, 2018

Trouble mounts for debt-laden Air India as oil companies threaten to stop fuel supply

The OMCs have raised the demand after Air India paid the outstanding amount to the foreign and Indian lenders including other vendors. These dues were paid after the central government injected capital into the cash-strapped national carrier.

Sep 20, 2018

Play

Amazon-Samara Capital buy Aditya Birla Group's More retail chain for Rs 4,200 crore

The deal will eventually witness Amazon buying 49 percent stake in More retail chain.

Sep 20, 2018

The Advertising Club Bangalore, Big Bang Awards 2018

Big Bang Awards 2018 to be presented next week, gets record entries from across India

The Advertising Club Bangalore will present Big Bang Awards for excellence in Creative & Media on several categories on September 28.

Sep 19, 2018

Play

Facebook gets sued for hiding job ads from women

The women job seekers accused Facebook of targeting ads for jobs in male-dominated fields to younger male Facebook users only -- excluding all women and non-binary individuals, as well as older male users.

Sep 20, 2018

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