Companies

General Motors shaking things up; to cut 15% jobs, shuts down 5 plants in North America

In 2019, General Motors will wind up operations of plants in Detroit, Ohio and Ontario, Canada, and transmission factories in Michigan and Maryland. GM has already announced the closure of the assembly plant in Gunsan, South Korea.

Nov 27, 2018

Mitsubishi Motors ousts Carlos Ghosn as chairman, days after Nissan firing

Carlos Ghosn was removed from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct.

Nov 26, 2018

IndiGo introduces charges for web check in; draws flak from passengers

While checking in through the website of the carrier, a passenger will have to pay between Rs. 100 and Rs. 800 depending upon the seats selected.

Nov 26, 2018

jet airways, jet indian pilots, jet expat pilots, jet airways share price, National Aviator's Guild

'Naresh Goyal willing to dilute stake to 15% to save Jet Airways from crashing'

Goyal is reportedly pursuing a deal under which he would remain the chairman of the airline he founded in 1993.

Nov 26, 2018

Microsoft surpasses Apple to become most valuable US company

Apple, which became the first $1-trillion US company in August, came down to $746.8 billion on Friday, owing to lower-than-expected iPhone sales amid reports of its suppliers cutting cost and workforce.

Nov 24, 2018

'Binny Bansal filed police complaint against his accuser, withdrew it later'

Walmart's investigation against Bansal did not find any evidence to corroborate the woman's claims.

Nov 23, 2018

Dr Reddy's victory in US patent case for opioid treatment film boost for Indian generic drug makers

The ruling is a landmark one for many Indian generic drug makers who have been caught in long-winding litigation with established global players for the US market.

Nov 23, 2018

Jet Airways independent director Ranjan Mathai resigns

Crisis-hit Jet Airways said that retired diplomat Ranjan Mathai has resigned as an independent director on its board due to his other commitments.

Nov 23, 2018

startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring

E-commerce players, startups scale up hiring for top positions

The sudden rise in the headhunting has been driven by multiple factors such as an improved funding scenario, increased M&A activity, increased mobile data consumption and the creative e-commerce and transaction models.

Nov 23, 2018

Tesla cuts China car prices amid trade war

The move comes amid severe trade tensions between China and the United States, which has seen extra tariffs slapped on imports into the country, including automobiles, hurting Tesla which imports all the cars it currently sells in the market.

Nov 23, 2018

Three Bengaluru Realtors in GROHE Hurun top 10 real estate rich list 2018

The three richest realtors from Bengaluru are Jitendra Virwani of Embassy Group, and Raj and Manoj Menda of RMZ group. The list also features nine women entrepreneurs, with Renuka Talwar of DLF group ranked at nineteen topping the list.

Nov 22, 2018

Flipkart-Walmart deal: Binny and Sachin Bansal under I-T dept's lens

Walmart had acquired a 77 per cent stake in Flipkart for $16 billion in May after its attempts to enter the Indian retail realm got bogged down in the country's regulatory swamp.

Nov 22, 2018

Bengaluru pays highest salaries in India at average of Rs 12 lakh per annum: LinkedIn study

Mumbai pays an average salary of Rs 9 lakh and is followed by Delhi (Rs 8.99 lakh), Hyderabad (Rs 8.45 lakh) and Chennai (Rs 6.3 lakh).

Nov 22, 2018

SpaceX under NASA review after Elon Musk smokes marijuana during interview

Along with SpaceX, Boeing will also undergo the safety review. Both the companies are under contract to fly NASA's astronauts to the International Space Station in 2019.

Nov 21, 2018

Is IMA safe? Karnataka govt issues notice to seize all properties; IMA director responds

The latest public notice issued to IMA raises concerns among investors as similar companies have had their fates sealed.

Nov 21, 2018

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Companies

General Motors shaking things up; to cut 15% jobs, shuts down 5 plants in North America

Mitsubishi Motors ousts Carlos Ghosn as chairman, days after Nissan firing

IndiGo introduces charges for web check in; draws flak from passengers

'Naresh Goyal willing to dilute stake to 15% to save Jet Airways from crashing'

Microsoft surpasses Apple to become most valuable US company

'Binny Bansal filed police complaint against his accuser, withdrew it later'

Dr Reddy's victory in US patent case for opioid treatment film boost for Indian generic drug makers

Jet Airways independent director Ranjan Mathai resigns

E-commerce players, startups scale up hiring for top positions

Tesla cuts China car prices amid trade war

Three Bengaluru Realtors in GROHE Hurun top 10 real estate rich list 2018

Flipkart-Walmart deal: Binny and Sachin Bansal under I-T dept's lens

Bengaluru pays highest salaries in India at average of Rs 12 lakh per annum: LinkedIn study

SpaceX under NASA review after Elon Musk smokes marijuana during interview

Is IMA safe? Karnataka govt issues notice to seize all properties; IMA director responds

800-yr-old Ramappa temple in Warangal gets UNESCO World Heritage site status [Details]

Ahead of big decision; Yediyurappa hasn't received any message yet [details]

No weekend lockdown in J&K; night curfew to remain in place [details]