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Kiran Mazumdar-Shaw new vice-chair of US-India biz body

Washington/Bengaluru, Jan 14 | Biocon Chairperson Kiran Mazumdar-Shaw is the new vice-chair of the US-India Business Council (USIBC) board for 2021, the apex trade...

VMware CEO Gelsinger takes over as Intel CEO to revive chip...

San Francisco, Jan 13 | Intel on Wednesday confirmed that technology industry leader and CEO of enterprise software major VMware Pat Gelsinger will take...

CFO of biz group that duped banks of Rs 300 cr...

New Delhi, Dec 18 | The Economic Offences Wing of Delhi Police has arrested Zenica Group CFO Vaibhav Sharma on the charge of duping...

Railway bribery gate: Bribe money was layered via different companies to...

By Anand SinghNew Delhi, Dec 12 | The accused named in the 2013 railway bribery for post scam was layering funds through multiple companies...

Uber in talks to sell flying taxi biz to Joby: Report

San Francisco, Dec 3 | Ride-hailing major Uber is negotiating with California-based aerospace startup Joby Aviation for the sale of air taxi business...

UP CM Yogi covets biz, Bollywood and big bucks from Mumbai

By Quaid NajmiMumbai, Dec 1 | Taking a break from the farmers' agitation in north, Uttar Pradesh Chief Minister Yogi Adityanath arrives here late...

GM veteran Jose Pinheiro to head Ola’s electric biz operations

Bengaluru, Nov 30 | Ride-hailing major Ola on Monday said it has appointed former General Motors executive Jose Pinheiro as Head of Global Manufacturing...

LG Electronics to establish new biz centre in US

Seoul, Nov 26 | LG Electronics on Thursday said it will set up a new business unit in the United States to seek future...

Indian firms push digital transformation, reinvent biz model

New Delhi, Nov 26 | As pandemic accelerates digital transformation across the spectrum, a Dell Technologies report on Thursday said that 94.7 per cent...

Disney plans to lay off 32k as pandemic hits theme parks...

San Francisco, Nov 26 | Disney has increased the number of people it is planning to lay off in the first half of fiscal...

US grants TikTok 7-day extension for sale of its US biz

Washington, Nov 26 | The Donald Trump administration has granted China's ByteDance further seven-day extension to sell its short video-sharing platform TikTok's American business.The...

Xiaomi logs record sales in Q3, smartphone biz shines again

Hong Kong, Nov 24 |  Xiaomi on Tuesday announced its third quarter results, beating industry estimates with record revenue and net profit riding on...

CARS24 raises $200 million to scale new biz verticals

New Delhi, Nov 24 | Used car marketplace CARS24 on Tuesday said it has raised $200 million in Series E funding round at a...

EPSI ties up with int’l accreditator to internationalise biz schools

New Delhi, Nov 22 | As the New Education Policy (NEP) pushes for a boost in the higher education, International accreditation agency, AACSB, and...

Huawei sells Honor smartphone biz to ‘ensure its own survival’

New Delhi, Nov 17 | Struggling to keep its consumer business afloat in the wake of the US sanctions, Chinese conglomerate Huawei on Tuesday...

Amazon partners SK Telecom to boost e-commerce biz in S Korea

Seoul, Nov 16 | South Korean mobile carrier SK Telecom and Amazon said on Monday they are partnering to allow people to have easier...

Dhanteras: Rs 320 cr sales lift slack jewellery biz in Gujarat

Gandhinagar, Nov 13 | The auspicious day of Dhanteras brought good news for the jewellery business in Gujarat.According to market information, business worth over...

Sony posts strong profit in gaming biz, PS sales hit $4.9bn

Tokyo, Oct 28 | Riding on the stupendous PS4 sale, Sony's PlayStation-related revenue reached 507 billion yen ($4.9 billion) along with an operating profit...

Rising Cloud biz helps Microsoft log $37.2bn in sales

San Francisco, Oct 28 | Riding once again on its growing Cloud business in the pandemic times, Microsoft reported its fiscal Q1 results, generating...

Paytm enters credit card biz, to issue 20 lakh in 12-18...

New Delhi, Oct 19 | Leading digital financial services platform Paytm on Monday said it will partner with various card issuers to introduce co-branded...

S Korean carrier SK Telecom joins Uber in mobility biz spinoff

Seoul, Oct 16 | South Korea's largest mobile carrier SK Telecom said on Friday it will spin off its mobility platform business into a...

Purnea arms case: NIA raids Patna biz man

Patna, Oct 13 | The National Investigation Agency (NIA) on Tuesday carried out searches here at the residence of a person who allegedly...

IBM stock up 6% as it spins off new firm for...

San Francisco, Oct 9 | The 109-year-old IT giant IBM saw its stock rising six per cent as it announced to spin off its...

Cos adapting biz models to align with Aatmanirbhar Bharat reality

New Delhi, Sep 27 | With the pitch for an Aatmanirbhar Bharat along with the compulsions of a pandemic-stricken economy becoming a reality, many...

SBI plans to use biz correspondents for collection activities

New Delhi, Sep 25 | Lending major State Bank of India (SBI) will use its vast network of business correspondents for collection activities as...

Microsoft takes on AWS, unveils Azure Orbital to enter space biz

Seattle, Sep 22 | In a bid to take on Amazon Web Services (AWS) in the field of space Cloud business, Microsoft on Tuesday...

IOC bets big on petrochemicals, forward integration into textile biz

New Delhi, Sep 21 | Country's largest oil marketing company Indian Oil Corporation proposes to leverage its growing petrochemical operations to expand textile business...

L-G Sinha announces Rs 1,350 cr package to bolster biz, jobs...

Srinagar/New Delhi, Sep 19 | Lieutenant Governor, Manoj Sinha on Saturday approved a record Rs 1,350 package to spur growth in businesses and jobs...

Facebook India hires ex-Ola COO as head for global biz group

New Delhi, Sep 14 | Facing intense political heat in India, Facebook on Monday announced the appointment of former Ola Chief Operating Officer Arun...

Oracle wins deal for TikTok US biz, Microsoft’s bid rejected (Ld)

San Francisco, Sep 14 | Bytedance, the Chinese owner of TikTok, has chosen Cloud major Oracle over Microsoft to run its US operations as...

Trump won’t extend deadline for TikTok biz sale in US

Washington, Sep 11 | US President Donald Trump has categorically said he will not extend the September 20 deadline for China-based ByteDance, the parent...

RIL moves to hive off oil-to-chemicals biz for investors

New Delhi, Sep 7 | Reliance Industries Ltd (RIL) has announced an arrangement for hiving off its O2C (oil to chemicals) business into a...

Aftermarket biz can boost auto component manufacturers: Minister

New Delhi, Sep 5 | Union Minister of Commerce and Industry Piyush Goyal said on Saturday that properly developed 'Aftermarket' business can open up...

OnePlus CEO has no role in our biz, clarifies Realme

New Delhi, Sep 2 | A day after reports surfaced that OnePlus CEO Pete Lau has joined OPPO's holding company in a senior role,...

WB Guv to Mamata: Reveal investments attracted in Global Biz Summits

Kolkata, Aug 26 | West Bengal Governor Jagdeep Dhankhar on Wednesday asked the Mamata Banerjee-led state government to release a White Paper revealing...

Oracle lays off developers in Commerce Cloud biz: Report

San Francisco, Aug 16 | Cloud major Oracle has reportedly laid off several developers who were part of its Commercial Cloud service owing to...

Trump orders ByteDance to sell TikTok’s US biz in 90 days

Washington, Aug 15 | US President Donald Trump has issued an executive order to direct China-based ByteDance to sell its TikTok business in the...

Adobe APAC MD joins tech firm New Relic to run India...

Singapore, Aug 12 | US-based tech company New Relic on Wednesday announced to appoint Adobe APAC managing director Ben Goodman as senior vice president...

Covid suppresses retail insurance, group biz on rise

New Delhi, Aug 10 | The Covid-19 pandemic has brought about a big shift in the insurance preference for customers. While the pandemic has...

AWS hits $43bn annual run rate biz, Google Cloud reaches $3bn...

New Delhi, July 31 | Amazon Web Services (AWS), the Cloud arm of retail behemoth Amazon, has become a $43 billion annualized run rate...

HP appoints Ketan Patel to lead HP Greater India biz

New Delhi, July 31 | PC and printer major HP on Friday appointed Ketan Patel as the Managing Director of HP Greater India. He...

AAI puts SpiceJet on cash and carry basis, airline says biz...

New Delhi, July 31 | The Airports Authority of India (AAI) has put SpiceJet operations across the country on a "cash and carry basis",...

Apple aims to be 100% carbon neutral for entire biz by...

Cupertino (California), July 21 | Apple on Tuesday unveiled its plan to become 100 per cent carbon neutral across its entire business,...

Accenture elevates Sanjeev Vohra as applied intelligence biz head

New Delhi, July 18 | Global professional services company Accenture on Saturday announced to elevate Sanjeev Vohra as global lead of its Applied...

Anti-China sentiment to benefit Samsung mobile biz in India: Analysts

Seoul/New Delhi, (July 12) As anti-China sentiments grow in India after the ban on 59 apps and a public boycott of Chinese-made goods, Samsung...

Biz travel biggest reason for passengers to travel: Vistara survey

New Delhi, July 6 | Business travel has emerged as the biggest reason for passengers to travel, showed a survey conducted by full-service carrier...

Local biz hit by lockdown, stoppage of China-origin IT consignments

By Ashish SrivastavaNew Delhi, June 30 | The ongoing tension between India and China amid the coronavirus lockdown has come at...

Car sanitize: New biz in town

New Delhi, May 20 | While the Delhi government reopened the doors for earning and restoring economic growth, after two months of lockdown as...

Significant advantages for Aramco to conclude investment in O2C biz of...

New Delhi, May 13 | Even though coronavirus pandemic has expanded the unattractiveness of the oil sector for investments, a report has suggested that...

Goyal to talk logistics, industrial activity resumption of biz leaders

New Delhi, May 1 | Commerce and Industry Minister Piyush Goyal is scheduled to talk to industry representatives on Friday over video-conference regarding...

Business

Un-fried ‘Fryums’ not ‘Papad’, hence taxable at 18%

New Delhi, Jan. Jan 18 | The good old traditional snack food 'papad' or 'pappadam', as it is known in south India, cannot be...