Vijay Mallya, Chairman of United Spirits Ltd will receive $75 million (Rs 515 crore) from Diageo as part of an "agreement" for his departure from the company. The company was established by his family and now run by the global liquor giant.
The cabinet chaired by Prime Minister Narendra Modi has approved the measures to promote electronic payments through plastic money and digital means. These include the withdrawal of surcharge, service charge...
Glenmark Pharmaceuticals USA has been granted final approval by the US Food & Drug Administration (USFDA) for generic oral contraceptive norgestimate ethinyl estradiol tablets.
American coffee company chain, Starbucks, is changing the terms of its rewards program so that people who just get a regular cup of coffee will have to spend more to earn a freebie.
Ringing Bells Private Limited, makers of the world's cheapest smartphone, has come under the scanner of income tax department as debates around the feasibility of offering a Rs 251 smartphone continue.
Washington: A major debate started on the Internet this weekend when Yelp sacked one of its customer service agents, Talia Jane, hours after she posted an article to Medium entitled, An Open Letter To My CEO.
Noida-based Ringing Bells Private Ltd has closed the booking of India's cheapest smartphone Freedom 251.
West Bengal Finance Minister Amit Mitra has been named the new chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax (GST) on Friday.
Logistics firm Xpressbees has secured Rs 85 crore in funding from its existing investors, which include SAIF Partners, IDG Ventures India, NEA, Valiant Capital and Vertex Ventures.
The Indian tax authorities have sent a notice to Vodafone Plc, which is engaged in arbitration with the government in a tax case, threatening to seize assets if the company did not pay up $2.1 billion in taxes, according...
IT stocks fell steeply on Tuesday after New Jersey-based Cognizant Technology Solutions' December quarter earnings announcement overnight.
Software giant Microsoft has cut $100 off every model in the Surface Pro 4 range, with the exception of the Intel Core i7 version with 16GB of RAM and 1TB of storage, which is still priced at $2,699.
Beating other food technology firms on the road to profitability, online restaurant search and food-ordering company Zomato has operationally broken even in India, and is on track to make a profit as early as June next year.
In a tale of triumph against adversities, a final-year student of Indian Institute of Technology (IIT) Kharagpur, who is the son of a welder in Bihar, has bagged a job with US-based Microsoft with an annual starting...
Five air hostesses of Jet Airways have been grounded for allowing playback singer Sonu Nigam to sing from the plane's address system. The in-flight concert took place during a chartered flight from Jodhpur to Mumbai on...
India's top multinational IT Company Tata Consultancy Services has emerged as the world's most powerful brand in Information Technology Services by a leading global brand valuation firm, the company said on Wednesday.
Search engine giant Yahoo is planning to announce that it will explore "strategic alternatives" for its ailing internet business, which could include a sale, and laying off about 1,700 employees, perhaps including...
e-Commerce giant Flipkart has announced the launch of 'Big Exchange Days.' It is a new monthly exchange programme for the TVs, laptops, smartphone, tablets, washing machine and refrigerator category.
Google holding company Alphabet Inc. is now the most valuable company in the world being worth $553 billion compared to Apple's $538 billion.
There is importance attached to every word a central banker says, not just in India but in every country. Therefore, a day after stating that "there are problems with the way we count GDP," Reserve Bank of India (RBI)...
Consumer electronics giant Samsung on Thursday reported a bigger-than-expected decline in fourth quarter earnings as its smartphone and semiconductor businesses suffer amid weakening global demand for consumer electronics.
Washington DC: Even after Leo Perrero was laid off a year ago from his tech job at Walt Disney World in Orlando, Florida - and spent his final months training a temporary immigrant from India to do his work - he still hoped to find a new position in the company.
The shares of Weight Watchers International Inc jumped as much as 20 percent after investor and spokeswoman Oprah Winfrey tweeted saying that she has lost 26 pounds using the program. "I lost 26 pounds, and I have eaten...
Following Chief Minister Manohar Lal Khattar's trip to attract investors, China is all set to invest in Harayana to develop a USD 10 billion industrial park and smart cities in the state. The chief minister had a meeting...
After investing billions of dollars into internet start-ups in the last two years, global investors are cutting their investments as dreams of huge online sales are clouded by soaring valuations and still-distant profits.
The January 16 Powerball drawing for $40 million happened at 10:59 pm Eastern and the winning numbers posted on websites across the world as soon as the numbers were drawn.
A couple, who on Friday revealed that they are in possession of one of the three winning Powerball jackpot tickets, was presented their share of the nearly $1.6 billion prize at Tennessee lottery headquarters.
The mystery winners of the world-record $1.6 billion Powerball jackpot have suddenly become famous around the planet.
A winning ticket for Wednesday night's world record $1.5 billion Powerball jackpot was retailed in suburban Los Angeles, another in Florida and a third in Tennessee, California lottery officials said.
IT major Infosys on Thursday thwarted Street estimates for the third straight quarter, leading to over 5 per cent jump in its shares. Infosys - India's second biggest outsourcer posted higher-than-expected...