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  • Business

    M12, Microsoft's venture fund opens office in Bengaluru

    Bengaluru, Jun 10 : M12 Microsoft's venture fund, opened its office here in Karnataka's capital city on Wednesday. The office will pursue investment opportunities across the region, focusing on B2B software startups in the sectors of applied AI, business applications, infrastructure, security, and vanguard technologies.M12 seeks to invest in disruptive enterprise software startups...

    • 2 months ago
  • Business

    Bentley to cut 1,000 jobs in UK

    London, June 5 : The United Kingdom-based luxury carmaker Bentley Motors on Friday announced its plan to lay off 1,000 workers through a voluntary redundancy scheme due to the economic crisis caused by the COVID-19 pandemic. Sputnik quoted a statement issued by the Volkswagen Group owned company that said the company is looking for 1,000 employees to accept the voluntary retirement terms and added that compulsory...

    • 2 months ago
  • Business

    AIBEA will oppose any move to privatize banks by Centre

    Hyderabad, Jun 6 : In the wake of reports published in a section of media for the past two days about reported move of privatization of some banks and permit more and more private capital in banking sector, All India Bank Employees' Association (AIBEA) on Saturday said it would oppose any move by the Centre in this regard.AIBEA General Secretary Ch Venkatachalam in a circular to its...

    • 2 months ago
  • States

    Tata AIG launches app AutoSafe

    Kolkata, Jun 04 : TATA AIG General Insurance Company Limited today launched a telematics-based next-gen application and device 'AutoSafe'. The app helps policyholders to save on premiums by selecting the kilometers driven, promotes safe driving, works as an anti-theft device as it comes with a GPS-based tracking facility, a company release issued here said.

    • 2 months ago
  • States

    Reliance Rights issue subscribed 1.59 times

    Mumbai, Jun 4 : Reliance Industries Limited (RIL) said that its Rights Issue of Rs 53,124.20 crore was subscribed approximately 1.59 times, cumulating to an overall commitment of over Rs 84,000 crore.The Rights Issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign. The public portion of the Rights issue was...

    • 2 months ago
  • Business

    TAJ rated as India's strongest brand: Report

    Hyderabad, Jun 3 : Indian Hotels Company (IHCL), South Asia's largest hospitality company, on Wednesday announced that its iconic brand - 'Taj' ranked Number One on the list of the strongest Indian brands by Brand Finance in their coveted 'India 100 2020' report. Taj has got the rare distinction of being ranked the highest across brands in all sectors, the company said in a...

    • 2 months ago

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