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United Airlines is preparing to furlough 16,370 workers when federal aid expires on October 1. (AFP Photo)

United Airlines to cut 16,370 jobs ï»¿as COVID hammers demand

US passenger airlines are still collectively losing more than $5 billion a month as 30% of planes remain parked

3 Sep 2020 3:45 AM GMT

Vistara introduces three days of leave without pay for pilots in September. (PTI Photo)

Vistara announces leave without pay for three days for pilots in...

The three-days leave without pay measure for pilots is in addition to a cut in monthly base flying allowance

2 Sep 2020 4:16 AM GMT

Unilever to drop fossil fuels from products by 2030. (AFP Photo)

Unilever pledges to eliminate fossil fuels in cleaning products by...

Chemicals used in its cleaning and laundry products make up 46% of company's Home Care division's carbon emissions...

2 Sep 2020 3:45 AM GMT

Lee Jae-yong, vice chairman of Samsung Electronics Co., gets into a car to leave after attending a hearing at the Seoul Central District Court in Seoul, South Korea. (Photo: AP)

Samsung heir's troubles multiply, charged with fraud in taking over...

Lee Jae-yong, vice chairman of Samsung Electronics, committed stock manipulation, breach of trust and other offences,...

1 Sep 2020 11:04 AM GMT

SC grants 10 yrs to telcos to pay AGR-related dues to DoT. (PTI Photo)

SC orders telcos to clear AGR dues in 10 years, 10% to be paid by...

Failure to pay the instalments of the dues would incur penalty, interest and contempt of court, the bench cautioned the...

1 Sep 2020 8:17 AM GMT

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer. (PTI Photo)

6 of top 10 firms add Rs 1.6 lakh crore in m-cap; ICICI, Kotak Bank...

The market valuation of ICICI Bank jumped by Rs 26,620.32 crore to Rs 2,82,550.05 crore, becoming the biggest gainer

30 Aug 2020 10:02 AM GMT

Coca-Cola to cut thousands of jobs as COVID-19 hits sales. (ANI Photo)

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

30 Aug 2020 4:28 AM GMT

Reliance to buy Future Groups retail arm for $3.38 billion. (PTI Photo)

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...

30 Aug 2020 3:31 AM GMT

Yes Bank takes possession of Anil Ambanis group HQ in Mumbai for failure to repay dues. (PTI Photo)

Delhi High Court stays insolvency resolution proceedings against Anil...

Ambani in his plea has challenged the constitutionality of the IBBI Regulations, 2019.

27 Aug 2020 11:32 AM GMT

Uber launched 24x7 Auto Rentals service. (AFP Photo)

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...

27 Aug 2020 7:52 AM GMT

Accenture plans to reduce workforce. (Photo- PTI)

Accenture to lay off 5% of its 'low performing' workforce

Accenture has a global workforce of around 5.13 lakh people and out of them, about 2 lakh are in India

26 Aug 2020 9:59 PM GMT

TRAI issues show-cause notice to Vodafone Idea on priority plan. (PTI Photo)

TRAI sends show-cause notice to Vodafone Idea, says priority plan is...

TRAI had been probing priority plan RedX and Platinum offering to see if network preference leads to deterioration of...

26 Aug 2020 10:36 AM GMT