Business

Leading e-commerce company Amazon has reduced the number of employees in India. The company has shown the way out of approximately 60 employees about a week ago. Following this step, Amazon is re-structuring its business spread all over the world. Under this, the company has started the sorting process of its employees. Media reports have also said that the company ...

DAINIK NATION BUREAU Facing allegations of wrongdoing in the loan extended to Videocon Group, ICICI Bank MD and CEO Chanda Kochhar has pulled out of the annual session of FICCI Ladies Organisation (FLO) to be held this week, where she was to be felicitated by President Ram Nath Kovind, according to the organiser. Kochhar was to be the Guest of ...

DAINIK NATION BUREAU Apportioning blame to the Reserve Bank of India (RBI) over the PNB loan fraud , Central Vigilance Commissioner K V Chowdary today said there had been “no apparent audit” by the central bank during the period of the scam. Chowdary stressed the need to put into place a more robust auditing system. “They did not do this ...

Facebook will likely need “a few years” to fix the problems uncovered by the revelations on the hijacking of private user data, chief executive Mark Zuckerberg said in an interview released. Speaking to the news site Vox, Zuckerberg defended the company’s business model and shot back at criticism of the social networking giant from Apple CEO Tim Cook last week. ...

The Central Government has clearly refused to reduce the price of petrol and diesel despite the fuel prices reaching all time high. The government said that it is not possible to cut the excise duty immediately after the increase in the price of petrol in international markets. Due to this, there will be no reduction of petrol and diesel prices ...

DAINIK NATION BUREAU Uttarakhand Chief Minister Trivendra Singh Rawat met the representatives of the Apparel (Textile) Export Promotion Council, Government of India at the secretariat here on Monday. He emphasized on promoting the textile industry in the state as well as focus on greater job creation in the region. He further said that the state government plan to encourage such ...

DAINIK NATION BUREAU While instances of passengers complaining about airlines’ misconduct are not uncommon, the cabin crew members of budget carrier SpiceJet have lashed out at the airline for allegedly carrying out strip-searches at airports. Flight attendants of SpiceJet are said to have protested at the Chennai Airport, Saturday, March 31, alleging that the airline was mistreating them. However, SpiceJet ...

The BSE Sensex slumped 206 points in see-saw trade today to close below the 33,000-mark on the last trading session of 2017-18 but finished the fiscal with a gain of 11.30 per cent. Besides weak global cues, squaring-up of bets by investors due to end of March month expiry in the derivatives segment halted its two-session winning run, brokers said. ...

DAINIK NATION BUREAU Ever thought of Japanese auto rivals Suzuki Motor Corporation and Toyota Motor Corporation coming together for re-badging engineering? Or imagined Toyota selling Maruti Suzuki Baleno and Vitara Brezza and vice versa? Well, the wildest imaginations of auto enthusiasts could be turning true. Soon, Maruti Suzuki cars will be bought from Toyota dealerships in India and Toyota cars ...

DAINIK NATION BUREAU The long weekend plans for many passengers flying out of Delhi airport took a hit Thursday, March 29. The terminal 3 at the Indira Gandhi International airport in Delhi was in total chaos after the airport officials faced challenges with the baggage handling system, leading to many flights being delayed. The Grandhi Mallikarjuna Rao (GMR) group, airport ...