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UK engine-maker Rolls-Royce says to axe 9,000 jobs. (AFP Photo)

Rolls-Royce to axe 9,000 jobs

Airlines and their supplies have been among the hardest hit businesses by lockdowns to contain the pandemic

20 May 2020 4:04 PM IST

Ola to layoff 1,400 staff as COVID-19 pandemic hits revenues. (PTI Photo)

Ola decides to downsize and -"let go-" of 1,400 employees

Revenues declined by 95 per cent in the last two months due to coronavirus pandemic

20 May 2020 2:25 PM IST

Johnson & Johnson stops selling talc-based baby powder in US, Canada amid lawsuits claiming it causes cancer. (AFP Photo)

Johnson & Johnson stops selling baby powder in US, Canada

J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson's Baby Powder, caused...

20 May 2020 9:32 AM IST

Nasdaq to tighten listing rules, restricting Chinese IPOs, (AFP Photo)

Nasdaq to tighten listing rules, restricting Chinese IPOs

Nasdaq also unveiled some restrictions on listings last year, seeking to curb IPOs by small Chinese companies

19 May 2020 1:30 PM IST

Bharti Airtel reports fourth-quarter loss of 52.37 billion rupees. (PTI Photo)

Bharti Airtel reports fourth-quarter loss of Rs 52.37 billion

Bharti Airtel seen an increase in data traffic during Covid-19 pandemic

19 May 2020 9:18 AM IST

Swiggy to lay off 1,100 employees as covid19 hits online food orders. (PTI Photo)

Swiggy to lay off 1,100 employees as covid19 hits online food orders

Swiggy is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic

18 May 2020 4:00 PM IST

Alibabas Jack Ma resigns from SoftBank board. (AFP Photo)

Alibaba's Jack Ma resigns from SoftBank board, to focus on...

The departure of Ma, who retired as Alibaba's chairman in September, comes as he pulls back from business roles to focus...

18 May 2020 9:43 AM IST

Adrienne Williams poses wearing a mask in the parking lot where she picks up her delivery van every day in Richmond, California. She delivers for Amazon, but Adrienne Williams says the e-commerce and tech giant did not deliver for her. (AFP)

Coronavirus hits Amazon contractors hard

Amazon's third-party delivery firms which have been struggling amid surging demand for goods and supplies to locked-down...

17 May 2020 11:27 AM IST

Mukesh Ambanis Reliance Industries to consider first rights. (PTI Photo)

Reliance Industries to open Rs 53K crore rights issue for shareholders...

This is India's biggest and the first such issue by the firm in nearly three decades.

16 May 2020 12:08 PM IST

LG Chem begins transportation of Styrene Monomer inventory to South Korea. (PTI Photo)

Vizag gas leak: LG Chem transport Styrene Monomer inventory to South...

The company would continue to work with government agencies to ensure all possible support for bereaved families and...

14 May 2020 3:52 PM IST

Mphasis Q4 net profit jumps 32.7 pc to Rs 353.2 cr. (Photo- ANI)

Mphasis consolidated net profit rises 32.7% in the March 2020 quarter

Its revenue from operations grew 15.8 per cent to Rs 2,346.1 crore in the quarter from Rs 2,024.9 crore in the year-ago...

14 May 2020 12:35 PM IST

Hyderabad: Park Hyatt Hotel , Banjara Hills. (Deccan Chronicle Photo)

Hyatt to lay off 1,300 employees as pandemic cripples travel

Hyatt said it had also cut pay for senior management, board members and all employees in corporate offices as part of a...

13 May 2020 9:01 AM IST