Tata Motors cuts up to 1,500 managerial jobs

The company joins a growing number of organisations adopting such strategies for a variety of reasons, ranging from cutting the flab to automation.

Vijay Mallya

CBI sources said recently the Interpol has sent a fresh letter seeking more information about the wilful defaulter of  Rs 9,000 crore to the banks.

Losses at home outweigh strong JLR sales for Tata Motors

India's Tata Motors reported a 17 percent fall in fourth-quarter net profit on Tuesday as losses in its domestic business outweighed strong sales at luxury British arm Jaguar Land Rover (JLR).

Govt offers tax concessions to Apple to expand production

Apple Inc wants to expand its contract manufacturer's facility in the Indian tech hub of Bengaluru, Ravi Shankar Prasad, the union minister for Electronics and IT, said on Tuesday, as the iPhone maker seeks a bigger share in one of the world's biggest smartphone markets.

Snapdeal-Flipkart merger: Wipro chairman Azim Premji writes to Snapdeal board

Premji Invest is a minority shareholder in Snapdeal, and had invested in the e-commerce company in May 2014.

Wed May 24 09:33:08 IST 2017
 

From The Magazine

Some Hits and a Few Misses

The Modi government has taken several measures to lift growth. Indeed, nearly two-thirds of the respondents believe that the government has been successful in ensuring development, growth and reforms; a fifth believe that Modi and his team fell short on these parameters.

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