Cognizant Says Smaller Indian Cities 'very Important' For Business
International IT services company says it will lay off 3,500 employees and redistribute physical workplaces Read more
RIL Gets Nod From Shareholders, Creditors To Demerge Financial Services Arm
RSIL will be renamed Jio Financial Services Ltd (JFSL) and RIL shareholders will receive one share of JFSL for each shar... Read more
Google Announces Blue Verified Checks For Email Senders To Minimise Scams
After Twitter, Google has now announced to display a Blue checkmark next to a sender's name to verify their identity and... Read more
Tax Evasion Case: Xiaomi Moves Karnataka High Court To Challenge FD Seizure
Xiaomi India's market share in the Indian handset industry has been steadily falling as a result of the legal problems Read more
Go First Employees In A Lurch, Look For Employment At Air India, IndiGO
Go has been facing financial challenges for a long time now. Earlier, it had sent its employees on long unpaid leaves Read more
EV Ride-hailing Startup BluSmart Mobility Raises $42 Mn From BP, Others
Investors include BP Ventures, the investment arm of energy giant BP Plc that holds 20% equity Read more
Cognizant To Lay Off 3,500 Employees In 2023 Amid Declining Revenue
In the quarter ended March 31, the company reported a margin of 14.6%, among the lowest in the industry Read more
Icra Downgrades SPCPL's Rating To BBB+ On Delay In Securing Working Capital
The delay has impacted the engineering, procurement, and construction (EPC) operations in FY23, resulting in modest prof... Read more
TCS To Develop Its Own ChatGPT With Focus On Enterprise Code Generation
TCS is expected to release some of these solutions by the last quarter of this financial year Read more
ACC, Nykaa, HDFC AMC And Muthoot Fin Likely To Be Dropped From Nifty 100
Jindal Steel and Power, Punjab National Bank, TVS Motor, Tube Investments and Zydus Lifesciences are expected to get add... Read more
IndusInd Bank Likely To Get Added To MSCI During Aug Rebalancing Exercise
The addition will be a boost for the private sector lender's stock price as it could result in inflows of over $300 mill... Read more
Pratt & Whitney's Engine Woes Cost Go Air 47 Years Worth Of Flying Time
Go Airlines was re-branded Go First ahead of a planned 36 billion rupee ($440 million) initial share sale last year Read more
Airbus Reports A Drop In First-quarter Profit, Sales On Slow Deliveries
The world's largest planemaker has struggled to meet soaring demand for aircraft as travel rebounds from the Covid-19 pa... Read more
Q4 Results: Petronet LNG Profit Slips 18% To Rs 614 Cr, Revenue Up 24.3%
Company recorded highest ever turnover of Rs 59,899 Cr in FY23, up 39% Read more
APAC Region To Surpass US By 2030 To Become World's Largest Fintech Market
These regions, which are an underpenetrated market with nearly $4 trillion in financial services revenue pools, have the... Read more