Companies News

SBI says bank trade unions two-day all-India strike may hit work

SBI says bank trade unions two-day all-India strike may hit work

United Forum of Bank Unions (UFBU) have called for a two-day strike across India on January 31 and February 1, 2020. According to the State Bank of India (SBI), country's largest lender, its

Jan 24, 2020, 13:29 PM IST
Tata Consultancy Services eyes business-friendly Budget 2020

Tata Consultancy Services eyes business-friendly Budget 2020

Tata Consultancy Services (TCS), the giant in IT Services, Consulting, Technology and Digital Solutions, is expecting Union Finance Minister Nirmala Sitharaman to come up with a business-friendly

Jan 22, 2020, 13:07 PM IST
Uber sells Indian food delivery arm to rival firm Zomato

Uber sells Indian food delivery arm to rival firm Zomato

The all-stock deal is likely to push Zomato to the top position in India`s food delivery market, ahead of Swiggy, which counts China`s Tencent Holdings as an investor.

Jan 21, 2020, 09:55 AM IST
Louis Vuitton buys world's second-largest diamond

Louis Vuitton buys world's second-largest diamond

The prestigious brand purchased the 1,758-carat Sewelo diamond found by Lucara Diamond Corporation in April 2019 from Botswana`s Karowe mine. The diamond company later struck a deal with the luxury

Jan 19, 2020, 18:48 PM IST
TCS Q3 results for 2019-20: Net income at Rs 8,118 cr; declares dividend of Rs 5 per share

TCS Q3 results for 2019-20: Net income at Rs 8,118 cr; declares dividend of Rs 5 per share

India's TCS on Friday (January 17) announced its Quarter 3 results for 2019-2020 registering net income at Rs 8,118 crore, up by 0.2% year-over-year, it also declared its dividend at Rs 5 per share.

Jan 17, 2020, 17:50 PM IST
Setback for telcos as SC dismisses Bharti Airtel, Vodafone Idea's pleas to review AGR judgement

Setback for telcos as SC dismisses Bharti Airtel, Vodafone Idea's pleas to review AGR judgement

The Supreme Court (SC) on Thursday (January 16) rejected the petition of the telecom companies to review its judgement passed on October 24, 2019 ordering the telecom companies to pay dues amounting

Jan 16, 2020, 17:48 PM IST
Enforcement Directorate summons AirAsia CEO Tony Fernandes for questioning on January 20

Enforcement Directorate summons AirAsia CEO Tony Fernandes for questioning on January 20

There are allegations that the senior officials of AirAsia entered into a criminal conspiracy with the UPA government to tweak rules for getting overseas flying rights.

Jan 16, 2020, 16:15 PM IST
Amazon CEO Jeff Bezos pays homage to Mahatma Gandhi at Raj Ghat after arrival in India

Amazon CEO Jeff Bezos pays homage to Mahatma Gandhi at Raj Ghat after arrival in India

Bezos is on a three-day India visit starting from Tuesday. He is expected to attend an event organised by Amazon for MSMEs.

Jan 15, 2020, 07:48 AM IST
Nokia slashes 180 jobs in Finland but invests in 5G

Nokia slashes 180 jobs in Finland but invests in 5G

The company is on a quest to restore investor confidence following concerns that it is lagging its peers Ericsson and Huawei in 5G development. Nokia cut its outlook for 2019 and 2020 back in October

Jan 14, 2020, 20:14 PM IST
Walmart sacks around 50 executives in India restructuring: sources

Walmart sacks around 50 executives in India restructuring: sources

The firings mostly affected executives in the company`s real estate division because the growth in the wholesale model has not been that robust, two of the sources said.

Jan 13, 2020, 17:36 PM IST
Consumers to have 200 channels instead of 100 in Rs 130, says TRAI

Consumers to have 200 channels instead of 100 in Rs 130, says TRAI

Telecom Regulatory Authority of India (TRAI) has made amendments to New Tariff Order (NTO) allowing consumers to have 200 channels instead of 100 at the same price of Rs 130."There were 100 channels

Jan 13, 2020, 14:39 PM IST
Air Asia flight makes emergency landing after passenger threatens to blow up aircraft

Air Asia flight makes emergency landing after passenger threatens to blow up aircraft

AirAsia India operations coordinated with Kolkata Air traffic control (ATC) to initiate an immediate landing in Kolkata. The airlines added that all the guests were taken care of and were provided

Jan 12, 2020, 23:10 PM IST
Thousands of traders to protest during Amazon CEO Jeff Bezos' India visit on January 15

Thousands of traders to protest during Amazon CEO Jeff Bezos' India visit on January 15

CAIT has issued a statement saying, ''The Amazon CEO visit will see huge protests from traders across the country.''

Jan 12, 2020, 19:19 PM IST
AirAsia India's flight commander suspended for runway incursion

AirAsia India's flight commander suspended for runway incursion

The incident took place on November 5, 2019, when AirAsia India`s A320 aircraft VT-PNQ, flight No IAD374 from Mumbai to Indore, got into a runway incursion at Mumbai airport.

Jan 11, 2020, 23:34 PM IST
Amazon boss Jeff  Bezos to face protests from traders during India trip

Amazon boss Jeff Bezos to face protests from traders during India trip

Bezos will participate in an Amazon event in capital New Delhi aimed at connecting with small and medium-sized enterprises.

Jan 11, 2020, 18:32 PM IST
IndiGo launches direct flights connecting Kolkata with Doha and Dubai

IndiGo launches direct flights connecting Kolkata with Doha and Dubai

The move of Indigo comes in response to the growth observed in foreign tourist arrival, in Kolkata, making their travel easier and making their presence stronger in the airline industry. According to

Jan 10, 2020, 18:29 PM IST
IRCTC launches South India Divine Tour package starting from Rs 39,970

IRCTC launches South India Divine Tour package starting from Rs 39,970

The major tourist spot covered under the tour includes Padmanabhaswamy Temple, Vivekananda Rock Memorial, Ramanathaswamy Temple, Meenakshi Temple, Lord Balaji Temple, and Sri Kalahasti and the

Jan 10, 2020, 17:44 PM IST
Enforcement Directorate attaches assets of former ICICI Bank CEO Chanda Kochhar in alleged loan fraud case

Enforcement Directorate attaches assets of former ICICI Bank CEO Chanda Kochhar in alleged loan fraud case

According to reports, total assets worth Rs 78 crore (book value) belonging to Kochhar and her family have been attached. 

Jan 10, 2020, 16:41 PM IST
Supreme Court stays NCLAT order restoring Cyrus Mistry as Executive Chairman of Tata Sons

Supreme Court stays NCLAT order restoring Cyrus Mistry as Executive Chairman of Tata Sons

The Supreme Court on Friday (January 10) stayed the National Company Law Appellate Tribunal (NCLAT) order that restored Cyrus Mistry as executive Chairman of Tata group. The apex court also issued a

Jan 10, 2020, 12:34 PM IST
Paytm unveils All-in-One QR for merchants with unlimited payments at 0% fee

Paytm unveils All-in-One QR for merchants with unlimited payments at 0% fee

India's largest payments platform Paytm on Wednesday (January 8) announced the launch of its All-in-One QR for merchants across the country. This QR will enable merchants to accept unlimited

Jan 08, 2020, 15:26 PM IST