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Amazon, which had a total of 306,800 full-time and part-time employees globally at the end of September, hired a total of 123,700 globally during the 15 months ended in September.

Amazon sees growth in phone, fashion segments in festive sale

Amazon's four-day festive sale, which commenced on September 21, clashed with those by rivals Flipkart and Paytm.

24 Sept 2017 6:55 PM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Essar Ports eyes USD 500 billion investment to set up 2 LNG terminals

Typically, each terminal will cost between USD 150-300 million, depending on the amount of work to be carried out.

24 Sept 2017 5:33 PM IST

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

Over 6 lakh Londoners sigh petition to reverse Uber licence ban

The petition, on change.org, said that Uber provided a 'safe, reliable and affordable ride'.

24 Sept 2017 5:30 PM IST

Another option is that the Centre allows Air India to remain a national carrier by controlling at least 51 per cent stake.

Air India to vacate hangar space, rationalise some Gulf routes to cut...

The airline has a debt burden of more than Rs. 50,000 crore and is grappling with tough financial situation.

24 Sept 2017 4:15 PM IST

Spiritual guru Sri Sri Ravi Shankar. (Photo: AFP)

Sri Sri Ayurveda to launch products in 30 new countries

This expansion will take the number of countries where the brand is present to 60 from 30 currently.

24 Sept 2017 1:24 PM IST

The Flipkart co-founder Binny Bansal said that Flipkarts strategic partnership with Microsoft will help his company to scale up in the coming days.

Amazon, Flipkart sales flouting FDI norms, claims traders' body

It said the companies are attempting to address consumers directly which is a contravention of the FDI guidelines.

24 Sept 2017 1:06 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

PM to inaugurate ONGC's new building named after Pandit Deendayal...

Company sources said Modi will unveil a statue of Hindutva icon Upadhyaya and address ONGCians at a function on Monday...

24 Sept 2017 10:59 AM IST

$State lawyers insist that Ubers cars are \autonomous vehicles\ which need the permit to ply public roads.$ Business

Uber considers making concessions to reverse London licence ban

On Friday, regulatory body Transport for London refused to renew Uber's operating licence in the city.

24 Sept 2017 10:31 AM IST

Amazon affiliate to acquire Rs 1.79 billion stake in Shoppers Stop

On Friday, Shoppers Stop shares had closed 3 percent lower at 418.10 rupees on the National Stock Exchange.

24 Sept 2017 10:17 AM IST

Tata Steel is countrys major steel producer.

Thyssenkrupp to set up working group with unions over Tata Steel...

Thyssenkrupp top management's move this week to sign a memorandum of understanding with Tata Steel for a 50-50 joint...

23 Sept 2017 4:42 PM IST

GM was the top-selling automaker for more than seven decades until Toyota surpassed it in 2008.

No plans to launch electric vehicles in India: Toyota

Toyota Kirloskar Motor will wait for the charging infrastructure to come up in India.

23 Sept 2017 3:09 PM IST

In a statement, Air India condemned the incident and said that they will also probe the matter at their end.

Govt seeks asset valuer for Air India stake sale

Govt had earlier called for applications for a legal advisor and up to two transactional advisors.

23 Sept 2017 12:32 PM IST