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Flipkart laying off at least 700 employees

India’s largest e-commerce player Flipkart is sacking at least 700 employees, or over 3 per cent of its workforce, as it looks to cut cost to compete with rivals like

Alphabet posts strong revenue on video market

Alphabet Inc, Google's parent, on Thursday revealed that efforts to push its vast advertising business toward mobile is paying off as second quarter earnings handily beat Wall Street's expectations.

Sunil Munjal parts company, leaves Hero MotoCorp

In an oft-repeated script of separation in India’s family run businesses, brothers Pawan Kant and Sunil Kant have decided to part ways in less than a year after Hero group

Single window for startups to resolve grievances

The government may soon open a single window to resolve the grievances of startups after realising that many of them face problems due to lack of coordination between various ministries.

Govt to further reform e-visa regime: tourism secy

After enabling e-visa facility to 150 countries, the government is in the process of further reforming the regime to boost tourism sector in the country.

British bank Lloyds axes another 3,000 jobs

British bank Lloyds will axe 3,000 more jobs by 2017, it said Thursday, as it braces for the Bank of England's widely-expected post-Brexit interest rate cut next week.

Sony says to sell battery biz to Murata Manufacturing

Sony Corp said on Thursday it has agreed to sell a portion of its battery business to Murata Manufacturing, as the electronics giant responds to slowing demand for smartphones.

Zoho launches developer software for vendors

Zoho, part of the privately held Zoho Corp headquartered in Pleasonton, California, on Wednesday launc­hed the Zoho Developer programme, a first of its kind initiative in India that provides independent

Amazon launches prime loyalty programme in India

Amazon.com launched its popular prime loyalty programme in India on Tuesday, three years after its entry into the world's second-most populous country.

Apple sells more iPhones than expected, shares rise 7%

Apple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company's most important product had hit a wall.


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