In order to develop EV infrastructure and services across its network, Citroen India on Friday announced a strategic partnership with Jio-BP, a fuels and mobility joint venture between Reliance Industries…
Category: Companies
Infosys, TCS, HCL Tech: Fresher hiring drops across major IT companies in Q3 FY23
Fresher hiring has dropped significantly across major Indian IT and IT/eS companies like TCS, Infosys, and HCL Tech in the third quarter of FY23. This, amid a delay in onboarding,…
Rapido to suspend all its services in Maharashtra; know why
After Bombay High Court warning of strict action, Rapido made a statement that it will suspend all its services in Maharashtra. Rapido was asked to suspend all its services, including two-wheeler…
Tesla cuts prices in US, Germany in pivot to drive sales
Tesla has cut prices on its top-selling electric vehicles in the United States and Germany, the automaker’s website showed, extending a new strategy of aggressive discounting after missing Wall Street…
NCLT allows transfer of ownership of Jet Airways to Jalan-Kalrock consortium: Report
The National Company Law Tribunal (NCLT)’s Mumbai bench has allowed the transfer of Jet Airway’s ownership to the Jalan-Kalrock consortium (JKC), said a report on Friday. NCLT gave the consortium…
‘Selling toys without BIS mark’: Centre comes up strongly on e-comm platforms; issues notices to Amazon, Flipkart, Snapdeal
E-commerce marketplace Flipkart on Thursday said that it is committed to democratising e-commerce for all in India and enabling lakhs of small businesses connect with customers through technology. The response…
Ola fires 200 people in fresh round of layoffs
Ride hailing and electric vehicle manufacturing company, Ola, has laid off around 200 people across teams, Business Today has learnt. An employee who was laid off from the company last…
PVR-INOX merger gets NCLT nod
Multiplex operators PVR and INOX on Thursday received approval from the Mumbai bench of the National Company Law Tribunal’s (NCLT) approval their merger. “we would like to inform you that…
Sandwich chain Subway is exploring a sale valuing it at over $10 bn: Report
Sandwich chain Subway is exploring a sale of its business, a source told Reuters on Wednesday. The sale could value the sandwich chain at more than $10 billion, the Wall…
Amazon gets notice from Labour Ministry regarding layoffs again
Big tech and retail giant Amazon has been sent a notice by the Labour Ministry regarding its mass layoffs and voluntary separation policy. The assistant labour commissioner’s office, Pune, has…