Uber To Lay Off 3,000 Workers In Second Job Cut This Month
Uber Technologies Inc said on Monday that it would cut an additional 3,000 jobs as coronavirus-led restrictions sap demand for ride-hailing services. Uber had already cut...
Category : BUSINESS
Airlines Start Flight Ticket Bookings for June Travel
A number of airlines have started accepting bookings from passengers for domestic flights from June onwards. Under the lockdown 4.0 guidelines, all commercial flight operations...
Biocon’s Q4 Slips Due to Logistics; Stock Under Pressure
The disruption in business due to covid-19 has proven to be acute for Biocon Ltd. With its Q4 figures trailing far behind Street estimates, the...
Zomato Lays off Over 600 Employees, Upto 50% Pay Cut for Rest
Food delivery major Zomato has announced to reduce 13 per cent of its workforce amid coronavirus lockdown. The company also proposed a temporary reduction in...
Samsonite to Pay Rs 25.7 Cr for not Passing on GST Benefits
The National Anti-Profiteering Authority has ordered Samsonite India, makers of American Tourister travel bags, to pay Rs 25.73 crore for continuing to charge higher goods...
Volkswagen India Initiates Safety Programme Across Facilities
Automaker Volkswagen India has introduced a comprehensive programme to implement safety and sanitisation standards across its facilities amid coronavirus pandemic. Under the #VWellnessIndia programme, company’s...
IndoSpace Core Raises Rs 1,000 Crore from HSBC
IndoSpace Core, which owns industrial and logistics parks across major cities in the country, on Wednesday said it has raised Rs 1,000 crore from HSBC...
Tata Motors Resumes Operations at its Two Plants
Tata Motors has commenced operations at its Pantnagar (Uttarakhand) and Sanand (Gujarat) facilities after getting approvals from relevant government authorities. The other plants in Lucknow...
Biocon Biologics Gets EU Certification for Bengaluru Plant
Biocon Biologics Ltd has received the European Medicines Agency’s certification for good manufacturing practices for its biologics drug substance facility at Bengaluru, the company’s parent...
Spotify Signs Licensing Deal with Music Label Saregama
Swedish audio streaming service Spotify and music label Saregama have announced a licensing partnership for India, which means the label’s entire catalogue is now available...
