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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

Startup community stares at fund crunch in absence of venture capital, reinvents businesses to survive economic slowdown. (AFP Photo)

Start-ups get creative as coronavirus crisis fuels funding crunch,...

A group of the top venture firms warned startups this month that it will be very difficult to raise financing anytime...

11 May 2020 3:01 PM IST

Uber on Wednesday said it would lay off 3,700 full-time employees, or roughly 17 percent of its head count. (AFP Photo)

Uber reports massive losses, to lay off 3,700 employees

Uber recorded $3.54 billion in total revenue for the first three months of the year, but still posted a $2.9 billion...

8 May 2020 11:25 AM IST

Vista Equity Partners to pick up 2.32% stake in Jio Platforms for Rs 11,367 cr. (PTI Photo)

Vista Equity Partners to invest in Reliance Jio

Vista's investment will translate into a 2.32 percent equity stake on a fully diluted basis, making Vista largest...

8 May 2020 9:05 AM IST

Budweiser brewer hit by pandemic to invest more in e-commerce. (PTI Photo)

Budweiser to invest more in e-commerce as virus hits offline demand

The company said it would keep up efforts to market its premium and super-premium beers

7 May 2020 3:24 PM IST