Companies

Infosys says no prima facie evidence found on whistleblower complaints

In a letter to the National Stock Exchange dated November 2, the company said the anonymous complaints were still under investigation.

Nov 4, 2019

OYO LIFE emerges as India's biggest player in co-living spaces, to add 1 lakh beds by 2020 end

As OYO LIFE is celebrating its first anniversary, it plans to set up 100,000 beds across major cities in the country by the end of 2020.

Oct 31, 2019

Cognizant layoffs: IT major to cut 7,000 mid-senior level jobs in restructuring push

The restructuring is part of the '2020 Fit for Growth Plan' that involves investment in technology, sales and marketing, reskilling, acquisitions, and partnerships to sharpen strategic positioning in key digital areas.

Oct 31, 2019

Telecom industry stares at another round of firing post AGR ruling

The ruling from the SC would force the industry to pay a hefty amount of Rs 1.3 lakh crore and the development has come at a critical point when the industry is looking for a turnaround.

Oct 29, 2019

Clash of the titans: Will GVK succeed in keeping Adani out of Mumbai airport?

GVK raises Rs 7,600 crore to pare debt and buy 23.5% more stake in Mumbai Airport to raise ownership to 74%

Oct 29, 2019

Air India Airbus A320 passenger aircraft.

Air India divestment: Will India allow 100% foreign ownership to attract buyers?

DPIIT and the aviation ministry exploring options including easing of FDI norms to attract bidders for Air India after last attempt's failure

Oct 29, 2019

Worried about slowdown? Mercedes-Benz India sells 600 luxury cars on Dhanteras

The German carmaker's Indian arm said it delivered more than 250 cars in Delhi-NCR alone on Dhanteras; festival season sales surge promises turnaround for the slowdown-hit auto sector.

Oct 28, 2019

More sectors to be brought under subsidised UDAN regional connectivity scheme

Airport Authority of India may announce more subsidised flights to revive unserved and underserved sectors under Prime Minister Modi's UDAN programme; there are already more than 600 regional connectivity routes served under the scheme.

Oct 28, 2019

Backlash over Reliance Jio's decision to charge voice calls

Will SC order on gross revenue unduly benefit Mukesh Ambani's Reliance Jio?

The SC order upholding govt's calculation of the adjusted gross revenue will mostly affect top telco Vodafone Idea and third-placed Bharti Airtel; Reliance Jio being a relatively new firm owes minuscule part of the total dues of Rs 93,000 crore.

Oct 26, 2019

Will US regulator probe Infosys as Sebi looks into whistleblower charges?

Infosys whistleblower group has sent allegations about unethical audit practices of Infosys CEO Salil Parekh and chief financial officer Nilanjan Roy to US Securities and Exchange Commission; Sebi probe will weaken Infosys shares further in Indian stock markets and New York's Nasdaq.

Oct 24, 2019

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Companies

Infosys says no prima facie evidence found on whistleblower complaints

OYO LIFE emerges as India's biggest player in co-living spaces, to add 1 lakh beds by 2020 end

Cognizant layoffs: IT major to cut 7,000 mid-senior level jobs in restructuring push

Telecom industry stares at another round of firing post AGR ruling

Clash of the titans: Will GVK succeed in keeping Adani out of Mumbai airport?

Air India divestment: Will India allow 100% foreign ownership to attract buyers?

Worried about slowdown? Mercedes-Benz India sells 600 luxury cars on Dhanteras

More sectors to be brought under subsidised UDAN regional connectivity scheme

Will SC order on gross revenue unduly benefit Mukesh Ambani's Reliance Jio?

Will US regulator probe Infosys as Sebi looks into whistleblower charges?

Auto slowdown: Is Uber boss taunting Sitharaman with advice to millennials?

Govt plans to merge loss-making state telecoms firms BSNL and MTNL; here's why

Uber to focus on India, Middle East and Africa for growth amid mounting losses

Investors lose Rs 53,000 crore as Infosys shares suffer worst fall in 6 years, ends 17% lower

Why is the world watching for Prime Minister Modi's response to Walmart letter?

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]