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Oil marketing companies shares drop 13%, after hike in excise duty on petrol, diesel

Oil marketing companies shares drop 13%, after hike in excise duty on...

Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil...

6 May 2020 4:05 PM IST

Airbnb Inc is laying off 25% of its workforce. (AFP Photo)

Airbnb cuts 1,900 jobs as coronavirus hits home rentals

Airbnb's business has been hit hard, with revenue this year forecasted to be less than half of what we earned in 2019

6 May 2020 10:48 AM IST

Varun Beverages March qtr profit up 50 pc to Rs 60 cr. (ANI Photo)

Varun Beverages March quarter profit rises 50% to Rs 60 crore

The company said though the demand in domestic and international markets is curtailed, it is expected to get normal in...

5 May 2020 3:55 PM IST

WeWork co-founder Neumann sues SoftBank . (AFP Photo)

WeWork co-founder Neumann sues SoftBank over failed tender offer

The tender offer was part of a $9.6 billion rescue financing package that SoftBank agreed with WeWork in October

5 May 2020 12:02 PM IST

ITC has warned some workers of disciplinary action. (PTI Photo)

ITC faces union backlash over coronavirus work warnings

ITC has warned some workers of disciplinary action and pay cuts for missing work during the coronavirus crisis

5 May 2020 10:25 AM IST

Reliance Industries Limited Chairman Mukesh Ambani. (PTI Photo)

After Facebook, Silver Lake to invest in Reliance Jio

The deal comes days after Facebook (FB.O) said it would spend $5.7 billion to buy a 9.99% stake in Jio Platforms

4 May 2020 9:16 AM IST

Working with sellers to help them make products available. (PTI Photo)

Flipkart may begin operations soon

Under the latest rules, e-commerce activities in red zones are permitted only for essential goods during the third phase...

3 May 2020 12:32 PM IST

Mukesh Ambani , Chairman, Reliance Industries. (PTI Photo)

Reliance Industries suffer worst profit fall in over 11 year on weak...

Reliance said gross refining margin, the profit earned on each barrel of crude oil processed, was $8.90 per barrel in...

1 May 2020 8:58 AM IST

SpiceJet to pay part salary to all employees based on work hours

SpiceJet to pay part salaries to over 92% employees, based on work...

In a press release, the budget carrier said it has decided that there would be no job cuts at this time

30 April 2020 3:00 PM IST

Indias Glenmark to conduct trials for potential Covid19 drug

India's Glenmark to conduct trials for potential Covid19 drug

Shares of Mumbai-based Glenmark Pharmaceuticals, which rose as much as 8.9% to 359 rupees ($4.78), was trading up 5.9%

30 April 2020 12:00 PM IST

Mukesh Ambanis Reliance Industries to consider first rights. (PTI Photo)

Reliance Industries to consider first rights issue in three decades

The discussions come after Facebook revealed plans to spend $5.7 billion to buy a 9.99% stake in Reliance's digital arm

28 April 2020 2:34 PM IST

Nokia clinches $1bn deal with Indias Airtel. (AFP Photo)

Nokia secures $1billion network equipment order from India's Bharti...

Nokia predicts will grow to 920 million unique mobile customers within five years as online demand soars

28 April 2020 11:57 AM IST