ARCHIVE FOR 'BUSINESS'


business
Idea, Vodafone India Announce Merger, Creating India's Larger Telecom Operator

Idea, Vodafone India Announce Merger, Creating India's Larger Telecom Operator

  • March 20 2017

Idea Cellular and the Indian unit of British telecom company Vodafone today announced a merger, creating India's largest telecom operator. The merger will create India's largest telecom operator wi [...]

business
Cognizant to lay off 6000 employees

Cognizant to lay off 6000 employees

  • March 20 2017

BENGALURU: Cognizant appears set to cut at least 6,000 jobs, which represents 2.3% of its total workforce, as it struggles with growth in an IT environment that is fast shifting towards new digital se [...]

business
FIR Complaint filed against TVF CEO Arunabh Kumar over molestation case

FIR Complaint filed against TVF CEO Arunabh Kumar over molestation case

  • March 17 2017

Advocate Rizwan Siddiqui on Thursday filed a complaint against Arunabh Kumar, CEO of the digital entertainment start-up The Viral Fever (TVF), after a woman accused Kumar of sexual harassment. S [...]

business
Indian IT Firms Should Stop Using H-1B Visas, Says Infosys founder Narayana Murthy

Indian IT Firms Should Stop Using H-1B Visas, Says Infosys founder Narayana Murthy

  • February 03 2017

New Delhi: Indian software companies need to stop sending people to US on H1-B visas and focus on local hiring, said Infosys co-founder N R Narayana Murthy today amid rising concerns over Donald Trump [...]

business
UP Online Fraud Rs.3,700 Crore of 7 Lakh People Cheated

UP Online Fraud Rs.3,700 Crore of 7 Lakh People Cheated

  • February 03 2017

Uttar Pradesh special task force has unearthed one of the biggest online fraud that involves cheating of Rs.3,700 crore of 7 lakh people.3 held on the charges of cheating and the investigation is furt [...]

business
Tamil Nadu Traders Decided Not Sell Coke And Pepsi From March 1

Tamil Nadu Traders Decided Not Sell Coke And Pepsi From March 1

  • January 25 2017

Traders in Tamil Nadu have decided that they will not sell soft drinks manufactured by Multinational Companies (MNCs) from 1 March, and promote only Indian brands, The Hindu reported today. The decisi [...]

business
TCS Appointed Rajesh Gopinath as the new CEO

TCS Appointed Rajesh Gopinath as the new CEO

  • January 13 2017

Tata Consultancy Services (TCS) on Thursday appointed Rajesh Gopinathan, the current chief financial officer, as the new chief executive officer (CEO) of the company. He replaces N Chandrasekaran, who [...]

business
Apple CEO Tim Cook's Salary Cut By 15% as annual sales declines

Apple CEO Tim Cook's Salary Cut By 15% as annual sales declines

  • January 09 2017

iPhone maker Apple has cut its CEO Tim Cook's salary by a whopping 15% for 2016 as annual sales declined for the year, missing targets that also led to the tech giant's first annual revenue decline i [...]

business
H-1B Visa Changes : HCL, Infosys, TCS, Wipro, Tech Mahindra Lose 22,000 Crores in Market Value

H-1B Visa Changes : HCL, Infosys, TCS, Wipro, Tech Mahindra Lose 22,000 Crores in Market Value

  • January 07 2017

Shares of information technology companies such as HCL Technologies, Infosys, Wipro, TCS, Tech Mahindra, Mindtree, Persistent Systems and Mphasis came under heavy selling pressure today after a bill b [...]

business
Month Before Union Budget, Arun Jaitley Hints at Low Tax Rates

Month Before Union Budget, Arun Jaitley Hints at Low Tax Rates

  • December 27 2016

New Delhi: India has been guided by the principle that a lower level of taxation is the key to building a globally competitive economy in the past two and a half decades since liberalisation, said Fin [...]