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Renault axes 15,000 jobs globally in cost-cutting reboot

Manufacturing

29 May, 2020

Renault axes 15,000 jobs globally in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production...

SpiceJet to run drone trials for cargo deliveries

Infrastructure

29 May, 2020

SpiceJet to run drone trials for cargo deliveries

Budget airline SpiceJet Ltd said on Friday it received permission to conduct drone trials that will allow it to deliver ......

Indian doctors go online to treat patients amid coronavirus outbreak

Healthcare

29 May, 2020

Indian doctors go online to treat patients amid coronavirus outbreak

As India’s health system grapples with the coronavirus, doctors are increasingly going online to consult with patients suffering...

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How coronavirus threatens to derail years of effort to control India govt debt

Finance

29 May, 2020

How coronavirus threatens to derail years of effort to control India govt debt

When finance minister Nirmala Sitharaman presented the annual budget in February, a little factoid went largely unnoticed and...

Grapevine: Paytm Mall eyes stake in Grofers; RIL's retail arms serve exit notice to Nexus Malls

General

29 May, 2020

Grapevine: Paytm Mall eyes stake in Grofers; RIL's retail arms serve exit notice to Nexus Malls

Online retailer Paytm Mall is in talks with e-grocer Grofers India Pvt. Ltd for a potential investment or a merger, ......

Wipro names Capgemini veteran as new CEO

People

29 May, 2020

Wipro names Capgemini veteran as new CEO

Software services exporter Wipro Ltd has appointed Thierry Delaporte as its new chief executive officer and managing director. The...

TikTok owner ByteDance moves to shift power out of China

TMT

28 May, 2020

TikTok owner ByteDance moves to shift power out of China

TikTok's poaching of Disney's Kevin Mayer to be its CEO was just the most visible part of a broader strategy ......

JP Morgan hires former UTI Mutual Fund CEO Leo Puri as South Asia head

Finance

28 May, 2020

JP Morgan hires former UTI Mutual Fund CEO Leo Puri as South Asia head

Leo Puri, a former CEO of UTI Mutual Fund, is set to take over as the chairman of JP Morgan’s ......

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Startup stress test: Which VC-backed ventures have the shortest capital runway?

TMT

28 May, 2020

Startup stress test: Which VC-backed ventures have the shortest capital runway?

A large number of technology startups in India have laid off employees and cut salaries over the past couple of ......

Grapevine: Google eyes stake in Vodafone Idea; lenders to sell Reliance General Insurance

General

28 May, 2020

Grapevine: Google eyes stake in Vodafone Idea; lenders to sell Reliance General Insurance

Tech giant Google is looking to buy a 5% stake in mobile-phone operator Vodafone Idea Ltd, a media report said....

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