Companies

Govt becomes biggest shareholder in Vodafone Idea as telco converts dues into equity [details]

The Centre will hold around 35.8 per cent of the total outstanding shares of the company, and the promoter shareholders would be around 28.5 per cent (Vodafone Group) and around 17.8 per cent (Aditya Birla Group), respectively.

Jan 11, 2022

IBM likely to sell Watson Health for $1 bn: Report

IBM looking to sell watson health division for more then dollar 1 billion.It has spent $4 billions to build watson health care and the unit was rougly generating roughly $1billion revenue.

Jan 9, 2022

Amazon cuts Covid paid time off to 7 days after new norms

Tech giant Amazon is cutting paid leave time for US front-line workers who test positive for Covid-19 or have to quarantine after exposure to the virus.

Jan 9, 2022

TCS bags govt contract for Passport Seva programme; innovating solutions in offing [details]

Driving the second phase of the Passport Seva programme, Tata Consultancy Services (TCS) will bring in major changes, including refreshed facilities, systems and innovative solutions.

Jan 7, 2022

Apple's market cap briefly crosses record $3 trillion after 3 yrs gap; Doubled India business

The market cap of Apple finally crossed the $3-trillion mark (which is almost India's GDP), more than a year after surpassing the $2-trillion mark.

Jan 4, 2022

Mamaearth becomes the first unicorn of 2022; raises $52 million to value at $ 1.2 billion [details]

Sequoia Capital led the fundraising round, and the company is currently valued at $1.2 billion.

Jan 2, 2022

Xiaomi fined over $3k for false ad in China

The Chinese smartphone giant has been fined 20,000 yuan for a false ad in the home country. The reports say that the mistake is due to confusion of specs the phone has to offer.

Dec 25, 2021

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 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 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 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

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

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Companies

Govt becomes biggest shareholder in Vodafone Idea as telco converts dues into equity [details]

IBM likely to sell Watson Health for $1 bn: Report

Amazon cuts Covid paid time off to 7 days after new norms

TCS bags govt contract for Passport Seva programme; innovating solutions in offing [details]

Apple's market cap briefly crosses record $3 trillion after 3 yrs gap; Doubled India business

Mamaearth becomes the first unicorn of 2022; raises $52 million to value at $ 1.2 billion [details]

Xiaomi fined over $3k for false ad in China

Xiaomi raises concern after tax searches on Chinese firms in India

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

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

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

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

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

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

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

Rajouri suicide attack: BJP leader-turned-LeT terrorist's interrogation reveals shocking details

Husband expressing opinion on family planning is not cruelty: Karnataka HC

J&K govt transfers four bureaucrats; Alok Kumar, Dr Singla get new postings [details]