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Senior staff of Jet Airways won't be getting any pay hike this year

Jet Airways has decided to freeze pay hike of its senior employees of manager level and above, including pilots.

Online marketplace Flipkart has revised its return policy making it tougher to avail returns on many items sold on its platform in a bid to cut operational costs.
The proposed acquisition, touted to be the biggest in India's online retail space, is likely to be finalised over the coming weeks, a media report said.
The company had reported net profit of Rs 6,340 crore in the same period last fiscal as per Indian accounting norms.
Mukesh Ambani-led Reliance Industries today regained its status as India's most valued firm by market capitalisation, overtaking Tata Group's crown jewel TCS.
The country's third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual "performance appraisal".
Yes Bank today reported a 30.2 per cent rise in net profit at Rs 914.12 crore for the last quarter of 2016-17, even as its bad assets swelled.
The deal, if successful, will value the Alibaba-backed Paytm at over USD 7 billion from the current USD 5 billion, multiple sources said.