Microsoft has laid off 276 employees, mostly in customer service, support and sales teams, in a new job cut round. ...
The ongoing rally in the market is slowly moving from broad-based rally to specific stock-driven rally, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. ...
US Navy Salvor has docked at the Larsen & Toubro’s (L&T) shipyard at Kattupalli here for voyage repairs. ...
Non-academic learning and community platform FrontRow, backed by celebrities like Deepika Padukone and rapper Raftaar, has shut down, media reports said on Monday....
Essar Oil (UK) Limited, the leading integrated downstream energy company, has announced that it has signed an agreement with Oikos Storage Limited, the Essex-based storer of refined petroleum products, to expand its operations into London and the South East of England....
In a major setback to Prime Minister Narendra Modi's plans of making India a chip-manufacturing hub, Taiwanese chip-making giant Foxconn on Monday announced that it has withdrawn from a joint venture with India-based industrial giant Vedanta. ...
Kal Airlines on Monday rejected the claims of SpiceJet to have reached a settlement through discussions with Kalanithi Maran and his firm....
Hyundai Motor India Ltd (HMIL) on Monday launched Hyundai Exter in what is billed as India’s most affordable SUV with introductory prices start from Rs 6 lakh and go up to Rs 10 lakh for the top-spec trim (all prices ex-showroom, India). ...
Explaining the continuing financial choppiness afflicting the Indian carriers, an expert industry watcher blames it on multiple structural factors -- absence of a strong capital structure and low-cost infrastructure, the heavy taxation burden on aviation turbine fuel (ATF), and the fact that 60-70 per cent of costs are d...
Deficient rainfall, and consequently lower sowing, will push rice prices higher, Motilal Oswal Financial Services said in a report....