Archive for Business
RIL Expected to Post Net Profit of Rs 6,214 Crore in Q1
Reliance Industries (RIL), the operator of the world's largest refinery in Jamnagar, is likely to post a small dip in its quarterly net profit on the back of lower refining…
Myntra Appoints Ananth Narayanan as CEO
Flipkart-owned online fashion store Myntra announced the appointment of Ananth Narayanan as its new chief executive officer on Wednesday. Narayanan will start working at Myntra's Bengaluru headquarters from October 1,…
Bharti Airtel shares hit six-year high
Mumbai: Shares of Bharti Airtel Ltd on Tuesday hit a six-year high after the company said it has entered into exclusive talks with France’s Orange to sell its subsidiaries in…
Barclays plans to cut more than 30,000 jobs
Barclays Plc plans to cut more than 30,000 jobs within two years after firing Chief Executive Antony Jenkins this month, The Times reported. This redundancy program, which could reduce the…
DoCoMo’s India exit turns more painful after Tatas offer just Rs 23.34 a share for Tata Tele stake
DoCoMo's attempts to exit India has just got a bit more bumpier with the Tata group offering to buy out Japanese telecom giant's stake in Tata Teleservices at Rs per…
Jet Airways cuts domestic business class fares
MUMBAI: In a special monsoon offer opening on Monday, Jet Airways cut its business class ticket prices by a flat 20 percent for long-distance travel (above 1,000 km) on its…
Google making it easier to shop online
Google is making it easier to shop on your smartphone, by embedding a "buy" button in the advertisements that feature at the top of search results. This latest offering from…
SpiceJet offers Rs. 1 air tickets from today, discount only on app
No-frills carrier SpiceJet has put on sale 1 lakh seats on its select domestic flights for just Re 1 excluding taxes and fee. The limited period offer allows customers to…
Top 100 Indian firms invest US dollar 15 bn in US, create over 90,000 jobs: 7 highlights
A total of one hundred major Indian companies created more than 91,000 jobs in the US by investing US dollar 15 billion in a wide range of sectors across 35…
After 24-Week Maternity Leave; Flipkart Launches Adoption Assistance Programme
Just after the recent announcement of an attractive maternity scheme, Flipkart has come up with an another muse – ‘adoption assistance programme’. The programme will allow six months of paid…
First Ratan Tata, now Vodafone’s Arun Sarin: Ola ropes in corporate biggies to take on Uber
Bangalore-based Ola Cabs is doing all that it can to battle Uber in a highly-competitive Indian market— be it slashing of fares, territorial expansion with operations in 200 cities, investment…
Airtel hires senior MTN executive Wim Vanhelleputte as its new executive director in Africa
NEW DELHI: Bharti AirtelBSE % named Wim Vanhelleputte its new executive director for a key business unit within Africa, a region where the telecom operator is still struggling to turn…