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Samsung Electronics vice-chairman Lee Jae-yong said he would not allow his children to succeed him at the firm. I will make sure that there will be no more controversy over the succession of management, Lee said, adding: I will never take any actions that go against the law.

Samsung heir charged with committing fraud to ensure his succession

Lee Jae-yong, vice chairman of Samsung Electronics, committed stock manipulation, breach of trust and other offences,...

1 Sept 2020 4:34 PM IST

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer. (PTI Photo)

6 of top 10 firms add Rs 1.6 lakh crore in m-cap; ICICI, Kotak Bank...

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer

30 Aug 2020 3:33 PM IST

Coca-Cola to cut thousands of jobs as COVID-19 hits sales. (ANI Photo)

Coca-Cola to cut 4,000 jobs after coronavirus hits Q2 profits

In Coca-Cola-'s second quarter, the company saw sales drop 28 per cent to 7.2 billion dollars

30 Aug 2020 9:54 AM IST

Reliance to buy Future Groups retail arm for $3.38 billion. (PTI Photo)

Reliance to acquire Future Group-'s retail business for Rs 24,713...

Relianceâ€™s retail operation runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700...

30 Aug 2020 8:56 AM IST

USFDA Â‘closes warning letter for three sites of Dr Reddys Laboratories. (PTI Photo)

USFDA satisfied after Dr Reddy-'s addresses violations and deviations...

In November 2015, the company received a warning letter from the US Food and Drug Administration for three of its sites

28 Aug 2020 1:07 PM IST

Reliance Group Chairman Anil Ambani. (Image- PTI)

Delhi High Court stays insolvency resolution proceedings against Anil...

Ambani in his plea has challenged the constitutionality of the IBBI Regulations, 2019.

27 Aug 2020 4:55 PM IST

Uber launched an on demand 24x7 Auto Rentals service. (AFP Photo)

Uber launches 24x7 auto rentals service in six cities

Uber launched a comprehensive set of safety measures, such as the Go Online Checklist, a mandatory mask policy for both...

27 Aug 2020 1:16 PM IST

Accenture plans to reduce workforce. (Photo- PTI)

Accenture to lay off 5% of its -'low performing-' workforce

Accenture has a global workforce of around 5.13 lakh people and out of them, about 2 lakh are in India

27 Aug 2020 3:25 AM IST

TRAI issues show-cause notice to Vodafone Idea on priority plan. (PTI Photo)

TRAI sends show-cause notice to Vodafone Idea, says priority plan is...

TRAI had been probing priority plan RedX and Platinum offering to see if network preference leads to deterioration of...

26 Aug 2020 3:53 PM IST

A Bata worker sanitises a showroom to make it coronavirus free. (Twitter/@BATA_India)

Bata to open franchise stores in small cities to expand semi-urban...

The footwear giant plans to open 100 more stories this year

26 Aug 2020 11:22 AM IST

Kalyan Jewellers main promoter T S Kalyanaraman.

Kalyan Jewellers files prospectus for Rs 1750 crore IPO

This would be one of the largest IPOs by an Indian jeweller

25 Aug 2020 1:43 PM IST

SBIs Q1 profit surges 81 pc to Rs 4,189 crore. (PTI Photo)

Four MDs of SBI called to interview for chairman-'s post

While the interviews are for the chairman-'s position, the bank will soon have a vacancy for an MD too after Arijit Basu...

24 Aug 2020 6:59 PM IST