Companies

Myntra App Ranks #1 in Fashion Shopping Category in Android App Store

Close to 85% of this traffic is driven by Android, iOS and Windows platforms. Interestingly, over 50% of the mobile traffic comes from Tier II & III cities.

Mar 6, 2015

Apple to Invest €1.7 Billion in 2 New European Data Centres

The new state-of-the-art centres in Ireland and Denmark will run on 100 per cent renewable energy.

Feb 23, 2015

Daimler: Google Can Disrupt Car Industry, but Unlikely to Get into Auto-manufacturing

Germany's luxury automotive giant Daimler said that Google could disrupt the traditional car industry, with its self-driving technology, however, the move by itself does not guarantee the search giant become an automaker.

Feb 7, 2015

'Make in India' Scheme: Huawei Invests $170 mn in R&D Facility in Bangalore

Huawei has opened its largest R&D center in Bangalore, which is expected to seat 5,000 employees.

Feb 6, 2015

Google Developing Uber Competitor, to Enter Ride-Sharing Business Soon

Google emerges as the most significant threat to Uber.

Feb 3, 2015

HCL Posts 28% Increase in Profits, Issues 1:1 Bonus Share; Shares Hit 52-week High

HCL Technologies saw employee strength cross one lakh mark; and declared interim dividend of ₹8 per share

Jan 30, 2015

Zomato Acquires Turkish Restaurant Search Portal Mekanist; Seventh Acquisition in 6 Months

Zomato continues with its buying spree, picks up Turkey's Mekanist for an undisclosed sum, expanding its footprint in the bridge between Asia and Europe.

Jan 29, 2015

TCS Bets High on Digital Vertical, Eyes $5bn in Revenues

TCS expects the digital vertical to bring in as much as $5bn in revenue, as it sees all businesses gradually move towards digitization, hires 1,500 experienced professionals.

Jan 28, 2015

IBM Job Cuts to Affect 5,000 Employees in India: Report

IBM's India operations have 1.3 lakh employees, accounting for over a quarter of its global workforce.

Jan 28, 2015

Apple Records Highest Quarterly Profit in History as iPhone Sales Zoom

Apple posted the highest recorded quarterly profit ever at $18bn owing to strong iPhone sales.

Jan 28, 2015

IBM Denies Forbes Massive Layoff Report, Confirms 'Workforce Rebalancing' but on Smaller Scale

The IT firm dismissed rumours surrounding a Forbes report claiming the company is to cut about 1,12,000 jobs.

Jan 27, 2015

TCS Revokes Termination Of Pregnant Employee, Prepares To Face Lawsuit Filed By Another Dismissed Employee

TCS has revoked the termination order of a pregnant female employee, as per company policy. The company prepares to face the lawsuit bought on by another male employee.

Jan 21, 2015

Twitter Makes First Indian Acquisition - ZipDial - a 'Missed-Call' Service Provider

Furthering the Indian software success story, ZipDial, a missed-call marketing platform company, has been acquired by US-based micro-blogging site Twitter.

Jan 20, 2015

Employee Under-Performance and the TCS Saga -- Myth and Truth

As former employees struggle to come to terms with their lives taking a strange turn, employers have also raised the performance bar. The Indian IT employee has much to be concerned about.

Jan 19, 2015

Wipro Q3 Results 'Fires All Engines,' Shares Up By Almost 8%

The Bengaluru based company reported its third-quarter results ended 31 December 2014 after market hours on Friday

Jan 19, 2015