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COMPANIES NEWS - Page 342

Online retailers work out unique deals to broad-base marketSubscriber Only

July 18, 2014 15:31 IST

Groupon India is offering a cash-back offer on rail fares, something never done before

Microsoft to cut 18,000 jobs worldwide this year, India impact to be ‘minimal’Subscriber Only

July 18, 2014 01:32 IST

Earlier this year, Microsoft completed the acquisition of Nokia’s handset division for which it paid over $7.2 billion.

Microsoft to log out 18,000 employees; India impact minimalSubscriber Only

July 17, 2014 21:04 IST

The workforce realignment is expected to be substantially complete by end of this year and fully completed by June 2015.

Rail ticket discounts: Groupon India, Spice Safar cut fare by Rs 100Subscriber Only

July 17, 2014 17:10 IST

Last year, Groupon had the onion deal under which it sold 23,000 kgs of onions.

Contract workers go on strike at Britannia’s Delhi factorySubscriber Only

July 17, 2014 17:00 IST

The company said the contract workers at its factory located in Delhi have gone on an illegal strike.

Weak refining margins may hit led Reliance Industries’ Q1 profitabilitySubscriber Only

July 17, 2014 12:05 IST

After stellar performance in Q42013, RIL is expected to post sequential decline in profits.

Azure and Office 365 services to offered from DCs within India soon: Satya Nadella

Microsoft Corporation expected to announce 6,000 job cuts today

July 17, 2014 11:58 IST

Deepest job cuts in Microsoft's 39-year history come 5 months into tenure of CEO Satya Nadella.

Honda to recall 1,338 cars in India to replace air bag inflator

July 17, 2014 02:31 IST

Honda Cars India said it would recall 1,085 units of its Honda Accord sedan.

Rupert Murdoch gets rebuffed in bold offer for Time WarnerSubscriber Only

July 17, 2014 08:48 IST

The bold approach could put Time Warner in play and might again ignite a reshaping of the media industry.

PSU sell-offs via auction route: 10% shares for retail investorsSubscriber Only

July 17, 2014 08:55 IST

There is a lot for retail investors interested in PSU disinvestment.

Satyam scam: Sebi bans Raju for 14 yrs

July 16, 2014 09:05 IST

Seeks return of R1,848.9 cr in 45 days.

Budget carriers roll out another sale offer starting Rs 1,699Subscriber Only

July 15, 2014 21:31 IST

SpiceJet, Indigo and GoAir rolled out another sale offer with fares starting from Rs 1,699...

Satyam Computer scam: Sebi bans Ramalinga Raju, others for 14 yrs; seeks Rs 1,849 crSubscriber Only

July 15, 2014 18:10 IST

Sebi today barred erstwhile Satyam Computer's founder B Ramalinga Raju and four others...

“Govt cannot be seen playing games in a matter of national importance”

Bharti Enterprises sells stake in Beetel Teletech to BrightstarSubscriber Only

July 15, 2014 16:39 IST

Bharti Enterprises and Brightstar did not disclose actual stake transacted in Beetel.

ONGC to sell stake in Mangalore petchem project to MRPLSubscriber Only

July 15, 2014 16:33 IST

ONGC holds 46 per cent stake in OMPL which is building a Rs 6,400-crore Aromatic Complex.

Microsoft to reinvent productivity to empower people: Satya NadellaSubscriber Only

July 15, 2014 12:10 IST

With mobile-first, Microsoft will reinvent productivity to empower every person and organisation.

Shares of pharma firms tank on NPPA price cap order

July 15, 2014 02:57 IST

The order will come into effect on July 25.

Centre mulls further SUUTI stake sale in Axis Bank this yearSubscriber Only

July 15, 2014 08:52 IST

Officials said that this fiscal’s stake sale in Axis Bank would also happen through a block trade on the bourses.

Sotheby’s announces partnership with eBay, plans live auctions

July 15, 2014 08:48 IST

The deal will connect the international auction house with eBay’s 145 mn active buyers around the globe

Need more evacuation facilities before output hike: CILSubscriber Only

July 15, 2014 02:45 IST

The minister is concerned that inadequate production from CIL has led to rising concerns among the coal-fired electricity generating plants.

Govt slaps $579 mn additional penalty on Reliance IndustriesSubscriber Only

July 14, 2014 16:16 IST

Reliance Industries penalised for producing less than targeted natural gas from its KG-D6 block,

LIC hikes stake in Infosys; buys shares worth Rs 1,100 crSubscriber Only

July 13, 2014 12:58 IST

LIC has shored up its stake in Infosys to 3.82 per cent, purchasing shares worth about Rs 1,100 crore in the April-June quarter

Eight blue-chip cos lose Rs 1.11 lakh cr in market valuationSubscriber Only

July 13, 2014 17:45 IST

While TCS, CIL, HDFC Bank, SBI, ICICI Bank and HDFC logged losses in their market capitalisation (M-Cap), ITC and Infosys made gains

Atul Auto in final stages of land acquisition for Rs 300 cr unit near AhmedabadSubscriber Only

July 12, 2014 20:11 IST

The new unit near Ahmedabad will have a annual capacity to churn out 60,000 units.

Microsoft CEO Satya Nadella defers talk on widely expected job cuts

July 12, 2014 14:24 IST

Satya Nadella circulates memo to Microsoft employees promising to 'flatten the organisation and develop leaner business processes.'

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