Page 1607 - Company News

Healthtech unicorn Innovaccer sacks 245 workers, second job cut in 5 months

Innovaccer had said that its business fundamentals are still strong

Crew made a judgement call, says Air India post internal investigation

The crew was approached by the complainant seeking assistance after allegedly being urinated on by a fellow passenger

DGCA fines Air India Rs 10 lakh for not reporting second peeing incident

Says airline failed to report incident to the regulator and delayed referring it to the airline's internal committee

BharatPe makes 3 hires for corporate governance, compliance, data security

Fintech firm says it is essential to strengthen the roles as it 'focuses on getting IPO ready'

Vistara expects to have 70 planes in fleet by mid-2024: CEO Vinod Kannan

Out of the total 70 planes, there will also be 10 A321s and 53 A320 neos, the Vistara CEO said at a briefing

Zomato rebranding, not shutting down 10-min delivery service: Official

However, the spokesperson clarified that it was working on a new menu for the service

Adani slips to 4, Bezos enters top 3 in world's richest people list

The net worth of Gautam Adani, the chairman of Indian conglomerate Adani Group, now stands at $120 billion while Jeff Bezos net worth rose to $121 billion

Paris-New Delhi flight incidents: DGCA slaps Rs 10 lakh fine on Air India

Aviation regulator DGCA on Tuesday imposed a fine of Rs 10 lakh on Air India for not reporting two incidents of unruly passenger behaviour onboard a Paris-New Delhi flight in December last year

IPO-bound BharatPe appoints three top execs amid legal battle with Ashneer

Founded in 2018, BharatPe is currently serving 1 crore merchants across more than 400 cities

Jio announces largest-ever launch of 'True 5G' services across 50 cities

With this, Jio users across 184 cities are now experiencing 5G services, the telco's statement said

Poonawalla Fincorp stock jumps over 6% on strong quarterly results

Shares of financial services company Poonawalla Fincorp on Tuesday jumped over 6 per cent in early trade after the firm reported a rise in net profit for the third quarter

Maruti Suzuki begins probe into alleged purchasing dept wrongdoings

Investigation follows whistleblower complaint that executives took money from suppliers

Sentiment in realty sector drops in Dec qtr but remains positive: Report

The sentiment index is based on the survey of supply-side stakeholders like developers, investors and financial institutions

Property data start-up Landeed raises $8.3mn in seed round funding

Company says it will use financing to build property title search engine, improving technology

Maruti Suzuki probing allegations of malpractices by executives: Report

The company has taken possession of the laptops and phones of the executives under the lens

Tata Motors reducing discounts on trucks to improve margins: Report

Tata Motors sells over 50 per cent of all the medium and heavy trucks in the country yet its margins have remained thin

India bluechips to shift to world's fastest settlement cycle T+1 this week

Starting Jan. 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd will be settled on a 'trade-plus-one-day' timeline versus the earlier two-day process

Google CEO Sundar Pichai tells staff job cuts avoided 'much worse' issues

Google has said it would eliminate about 12,000 jobs, becoming the latest tech giant to retrench after years of abundant growth and hiring

Urination case: AICCA seeks rollback of derostering of Air India crew

Cabin crew body demanded that the airline should roll back derostering of the crew that operated the New York- Delhi flight where a male passenger allegedly urinated on a female co-passenger last Nov

Tata group-owned AIX Connect violates norms on pilot proficiency checks

The airline is alleged to have violated the norms pertaining to Pilot Proficiency Check and Instrument Rating tests (PPC/IR) and could face a financial penalty of up to Rs 1 crore