Companies
United Airlines to cut 16,370 jobs as COVID hammers demand
US passenger airlines are still collectively losing more than $5 billion a month as 30% of planes remain parked
Vistara announces leave without pay for three days for pilots in September
The three-days leave without pay measure for pilots is in addition to a cut in monthly base flying allowance
Unilever pledges to eliminate fossil fuels in cleaning products by 2030
Chemicals used in its cleaning and laundry products make up 46% of company's Home Care division's carbon emissions across their life cycle
Samsung heir's troubles multiply, charged with fraud in taking over reins of company
Lee Jae-yong, vice chairman of Samsung Electronics, committed stock manipulation, breach of trust and other offences, prosecutors said.
SC orders telcos to clear AGR dues in 10 years, 10% to be paid by March 31
Failure to pay the instalments of the dues would incur penalty, interest and contempt of court, the bench cautioned the telecom firms
6 of top 10 firms add Rs 1.6 lakh crore in m-cap; ICICI, Kotak Bank top gainers
The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer
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
Reliance to acquire Future Group's retail business for Rs 24,713 crore
Reliance’s retail operation runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700 towns and cities
Delhi High Court stays insolvency resolution proceedings against Anil Ambani
Ambani in his plea has challenged the constitutionality of the IBBI Regulations, 2019.
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 riders and drivers