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This image provided by Stuff, shows CEO Sinead Boucher in Auckland, New Zealand Nov. 28, 2019. Stuff, one of New Zealands largest media organizations has been sold for a single dollar to the chief executive, Sinead Boucher in a management buyout that would be completed by the end of the month. (AP Photo)

New Zealand's media company being sold for just $1 to its CEO

Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge

25 May 2020 9:35 AM IST

Amazon India to hire 50,000 temporary workers as lockdown boosts demand. (AFP Photo)

Amazon India to hire 50,000 temporary workers as lockdown boosts...

The temporary hires will work in Amazon's fulfillment centers and as part of its delivery network

22 May 2020 3:32 PM IST

Indiabulls Group asks nearly 2,000 employees to resign. (PTI Photo)

Indiabulls sacks nearly 2,000 employees

Some employees of the company have claimed that they received a transfer order as they have not submitted their...

22 May 2020 12:52 PM IST

KKR to invest in Reliance Industries digital unit. (PTI Photo)

Reliance Jio gets 5th deal, KKR invests Rs 11,367 crore for 2.32%...

The purchase of the 2.32% stake in Jio Platforms for 113.67 billion rupees is KKR's biggest investment in Asia

22 May 2020 8:48 AM IST

UK engine-maker Rolls-Royce says to axe 9,000 jobs. (AFP Photo)

UK's Rolls-Royce to axe 9,000 jobs

Airlines and their supplies have been among the hardest hit businesses by lockdowns to contain the pandemic

20 May 2020 3:52 PM IST

Ola to layoff 1,400 staff as COVID-19 pandemic hits revenues. (PTI Photo)

Ola decides to downsize and -"let go-" of 1,400 employees

Revenues declined by 95 per cent in the last two months due to coronavirus pandemic

20 May 2020 2:12 PM IST

Johnson & Johnson stops selling talc-based baby powder in US, Canada amid lawsuits claiming it causes cancer. (AFP Photo)

Johnson & Johnson stops selling baby powder in US, Canada

J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson's Baby Powder, caused...

20 May 2020 9:28 AM IST

Nasdaq to tighten listing rules, restricting Chinese IPOs, (AFP Photo)

Nasdaq to tighten listing rules, restricting Chinese IPOs

Nasdaq also unveiled some restrictions on listings last year, seeking to curb IPOs by small Chinese companies

19 May 2020 1:27 PM IST

Bharti Airtel reports fourth-quarter loss of 52.37 billion rupees. (PTI Photo)

Bharti Airtel reports fourth-quarter loss of Rs 52.37 billion

Bharti Airtel seen an increase in data traffic during Covid-19 pandemic

19 May 2020 8:43 AM IST

Swiggy to lay off 1,100 employees as covid19 hits online food orders. (PTI Photo)

Swiggy to lay off 1,100 employees as covid19 hits online food orders

Swiggy is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic

18 May 2020 3:45 PM IST

LG Polymers completes removal of Styrene Monomer gas from Vizag, ships back to Korea

LG Polymers completes removal of Styrene Monomer gas from Vizag, ships...

It has shipped the entire stock lying at its Visakhapatnam plant and styrene tanks that were at the local port there,...

18 May 2020 3:21 PM IST

Alibabas Jack Ma resigns from SoftBank board. (AFP Photo)

Alibaba's Jack Ma resigns from SoftBank board, to focus on...

The departure of Ma, who retired as Alibaba's chairman in September, comes as he pulls back from business roles to focus...

18 May 2020 9:27 AM IST