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Companies

Intel

Pink slips for over 12,000 at Intel; switches focus away from PCs

The company announced its Q1 2016 earnings and also announced that its CFO Stacy Smith will take on a new role. Apr 20, 2016
IBM

At $18.7B, IBM's quarterly revenues hit 14-year low

IBM's cloud revenues, however, bucked the trend and rose 34 percent year-over-year to $2.6 billion. Apr 19, 2016
A woman walks past a logo of Google at the GMIC event in Beijing

China's People Squared joins Google for Entrepreneurs

People Squared has become the first in China to strike a partnership deal with Google for Entrepreneurs. Apr 14, 2016
Micromax

Micromax outlines new growth strategy, logo

Micromax is planning to set up three new manufacturing plants with a total investment of Rs. 300 crore by 2017. Apr 13, 2016
Huawei

Huawei, LeEco to commence local manufacturing in India

Top officials from both companies met Telecom Minister Ravi Shankar Prasad to discuss future plans of their companies in India. Apr 9, 2016
Nokia job cuts: Finnish company is cutting thousands of jobs globally

To cut costs, Nokia to slash thousands of jobs globally

Nokia is facing financial restraints following its recent $17.7 billion acquisition of Alcatel-Lucent. Apr 7, 2016
Oppo to open 35,000 sales points, 180 service centers in India by 2016-end

Oppo to open 35,000 sales points, 180 service centres in India by 2016-end

Oppo plans to produce 10 million handsets per year in the upcoming Noida facility. Apr 2, 2016
LeEco to strengthen content delivery in India with in-house CDNs: Planning $10M investment

LeEco to invest $10M to expand content delivery in India

The new infrastructure would bring content to users on mobile and TVs seamlessly. Apr 1, 2016
Snapdeal to add 450 new engineers to its workforce by year-end

Snapdeal to add 450 new engineers to its workforce by year-end

The new hires are expected to help Snapdeal handle back-end operations. Apr 1, 2016
Reliance Lyf makes it to top five smartphone brands in India: Counterpoint Research

Smartphone sales growth to see biggest drop ever in 2016: Gartner

The research firm says global smartphone sales will see first ever single-digit growth figures. Apr 1, 2016
Samsung, not Apple, is a more reputed company in US: Amazon tops the list

Samsung, not Apple, more reputed in US; Amazon tops list: Report

Apple is not as "open or expressive" as its South Korean rival, a report by U.S.-based Reputation Institute noted. Mar 30, 2016
autorickshaw

After Uber, Jugnoo points the finger at Ola

Auto rickshaw aggregator Jugnoo has alleged that Ola has been making fake bookings, resulting in loss of revenue to its drivers. Mar 24, 2016
Samsung launches Galaxy S7 series with water-proof body

Samsung to overhaul business structure

Will move from a top-down hierarchical structure to a more flatter one to foster more ideas. Mar 24, 2016
Google

Google Capital invests in CarDekho's parent company Girnar Software

Girnar Software will use the new funding to improve technology, R&D and expansion to other markets. Mar 21, 2016
DCW curbs threat to women safety in Delhi; issues notices to Uber, Ola and three others on fleet, driver details

Uber introduces family profile for payments

The rides of up to 10 people can be billed to a single user through the service Mar 17, 2016
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