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Business

Maruti Suzuki terminates 3000 contractual jobs in India

Maruti Suzuki Chairman R.C. Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled rising inventory amid a slowdown in demand.


Amazon inaugurates its world largest campus in Hyderabad, can accommodate 15,000 employees

Hyderabad: US-based e-commerce giant Amazon on Wednesday inaugurated its new campus here - its largest facility globally - that will house 15,000 of its employees in India.

 


LATEST HEADLINES

Om Birla attends swearing-in of new B'desh PM, says India stands ready to support BNP govt


Karnataka, France explore deeper ties in AI, aerospace, defence manufacturing


Ramadan to begin tomorrow in Saudi Arabia following crescent sighting


Tata-Airbus helicopter facility shining example of partnership in high-end manufacturing: Rajnath


Two die in Kerala of suspected food poisoning after eating at Vizhinjam eatery


Karnataka leadership row intensifies with minister's 'dog' remark


Telugu actress death: SC upholds jail for paramour, directs him to surrender


Udupi, Dakshina Kannada to begin Ramadan fasting from Thursday


22 Naxalites surrender in Chhattisgarh's Sukma district


India intensifying engagement with global partners from position of strength: Jaishankar


Actor Rajpal Yadav walks out of Tihar Jail after HC suspends sentence in cheque bounce cases


Bengaluru narcotics crackdown: 15 held, drugs worth Rs 10.59 cr seized




Economic slowdown 'very worrisome', new set of reforms needed: Former RBI Governor Raghuram Rajan 

New Delhi: Former RBI Governor Raghuram Rajan has called slowdown in the economy "very worrisome" and said the government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest.

 

China's industrial output hits 17-year low

Beijing: China's economy showed further signs of strain in July with output at its factories falling to its lowest level in 17 years, while investment and retail sales slowed, official data showed Wednesday.

 

Ambani to sell stake to Aramco, BP to make Reliance debt-free by March 2021

On a mission to cut debt in Reliance Industries, billionaire Mukesh Ambani on Monday announced plans to sell stakes in the firm's oil and chemicals business to Saudi oil giant Aramco and in fuel retail network to BP plc for Rs 1.15 lakh crore, and said its telecom unit Jio will begin offering fibre-based broadband services from next month.

Industrial production growth slips to 2% from 7% in June

New Delhi: India's industrial production growth slipped to a four-month low of 2 per cent in June, mainly due to poor performance of mining and manufacturing sectors, according to government data released on Friday.

 

US formalizes ban on govt contracts to China's Huawei, others

The United States unveiled rules on Wednesday formally banning technology giant Huawei and other Chinese firms from government contracts in the latest move in the countries' escalating trade war.

Learning app Byju's to replace Oppo on Indian team's jersey

The Indian cricketers will soon be wearing a new brand name on their official jerseys with Chinese mobile manufacturer Oppo handing over the sponsorship rights to Byju's, a Bengaluru-based educational technology and online tutorial firm.

World Bank says it 'dropped' Rs 2,000 crore loan proposal for Amaravati project

Amaravati (AP): The World Bank Friday said it 'dropped' the USD 300-million loan proposal for the Amaravati development project as the central government withdrew the financing request, triggering a blame game between the ruling YSRC and opposition TDP in Andhra Pradesh.

 

Stand up and say it’s not the country our founding fathers envisaged,Infosys’ co-founder tells youth

Mumbai: Infosys co-founder Narayana Murthy said Saturday that looking at "what is happening in different parts of the country today", the youth need to state bluntly that this was not the country for which our forefathers got freedom.

 

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