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Adrienne Williams poses wearing a mask in the parking lot where she picks up her delivery van every day in Richmond, California. She delivers for Amazon, but Adrienne Williams says the e-commerce and tech giant did not deliver for her. (AFP)

Coronavirus hits Amazon contractors hard

Amazon's third-party delivery firms which have been struggling amid surging demand for goods and supplies to locked-down...

17 May 2020 11:27 AM IST

Reliance Industries Limited. (PTI PHOTO)

Reliance Industries to open Rs 53K crore rights issue for shareholders...

This is India's biggest and the first such issue by the firm in nearly three decades.

16 May 2020 11:43 AM IST

Trump has threatened to slap new taxes on American companies like Apple to dissuade them from moving their manufacturing bases from China to countries like India. (AFP Photo)

Trump to tax companies manufacturing outside US; Apple's India plan...

Trump said that taxation was an incentive for the companies to return manufacturing bases to the US

15 May 2020 3:14 PM IST

Trump has threatened to slap new taxes on American companies like Apple to dissuade them from moving their manufacturing bases from China to countries like India. (AFP Photo)

Trump to tax companies manufacturing outside US; Apple's India plan...

Trump said that taxation was an incentive for the companies to return manufacturing bases to the US

15 May 2020 3:04 PM IST

The telecom industry on Wednesday reiterated the demand for a refund of Rs 35,000 crore GST credit. (PTI Photo)

Telcos seek Rs 35k cr GST refund, pending payment of Rs 20k cr from...

The telecom industry has unutilized GST input tax credit over Rs 35,000 crore for which the sector has repeatedly...

15 May 2020 2:21 PM IST

Mphasis Q4 net profit jumps 32.7 pc to Rs 353.2 cr. (Photo- ANI)

Mphasis consolidated net profit rises 32.7% in the March 2020 quarter

Its revenue from operations grew 15.8 per cent to Rs 2,346.1 crore in the quarter from Rs 2,024.9 crore in the year-ago...

14 May 2020 12:32 PM IST

Hyderabad: Park Hyatt Hotel , Banjara Hills. (Deccan Chronicle Photo)

Hyatt to lay off 1,300 employees as pandemic cripples travel

Hyatt said it had also cut pay for senior management, board members and all employees in corporate offices as part of a...

13 May 2020 8:54 AM IST

Startup community stares at fund crunch in absence of venture capital, reinvents businesses to survive economic slowdown. (AFP Photo)

Start-ups get creative as coronavirus crisis fuels funding crunch

A group of the top venture firms warned startups this month that it will be very difficult to raise financing anytime...

11 May 2020 2:18 PM IST

IndiGo to cut salaries of senior employees from May

IndiGo to cut salaries of senior employees from May

IndiGo announced pay cuts for its senior employees on 19 March, it had rolled them back on 23 April in deference to...

8 May 2020 1:18 PM IST

Uber on Wednesday said it would lay off 3,700 full-time employees, or roughly 17 percent of its head count. (AFP Photo)

Uber reports massive losses, to lay off 3,700 employees

Uber recorded $3.54 billion in total revenue for the first three months of the year, but still posted a $2.9 billion...

8 May 2020 11:18 AM IST

Vista Equity Partners to pick up 2.32% stake in Jio Platforms for Rs 11,367 cr. (PTI Photo)

Vista Equity Partners to invest in Reliance Jio

Vista's investment will translate into a 2.32 percent equity stake on a fully diluted basis, making Vista largest...

8 May 2020 9:01 AM IST

Budweiser brewer hit by pandemic to invest more in e-commerce. (PTI Photo)

Budweiser to invest more in e-commerce as virus hits offline demand

The company said it would keep up efforts to market its premium and super-premium beers

7 May 2020 3:19 PM IST