Corporate

Engineering conglomerate Larsen & Toubro (L&T) on Monday announced completion of the sale of its electrical and automation (E&A) business to Schneider Electric. The deal was first announced in May 2018. Valued at Rs 14,000 crore, it is one of L&T's biggest divestment so far in value terms.

Infosys on Tuesday said it has planned to hire 12,000 American workers over the next two years, having already created 13,000 jobs in the United States since 2017. This brings the IT major's hiring commitment in the US to 25,000 over five years.

Sensex ends 185 pts higher; Nifty tops 11,500

Zoom CEO Became $4 Billion Richer

Healthians Social Campaign #SheIsNotDoingGreat Wins at Foxglove Awards, Nominated for Blue Design Awards

Indian Healthtech startup, Healthians has been nominated for Blue Design Awards 2020 for #SheIsNotDoingGreat Campaign here - www.youtube.com/watchv=abdjVLVNYm0&t=33s, Healthians launched a hard-hitting social responsibility driven film on womens day. The film brings to light a horrific practice amongst poor female farmworkers who are pushed into getting their uteruses removed. These farmworkers are usually poor rural labourers who work in...

Walmart joins Microsoft in bid for video app TikTok

Ambani's Jio to build sub-sea cable gateway in West Bengal for ₹1,000 crore. Billionaire Mukesh Ambani's Reliance Jio would be coming up with a cable landing station in West Bengal that would increase the state's connectivity with European and Asian countries, CM Mamata Banerjee said on Wednesday.

TikTok CEO resigns amid US pressure to sell video app

Digital payments platform PhonePe which is focusing on financial services for driving growth said on Tuesday that it has emerged as the fastest growing insure-tech distributor in India. ... Hemant Gala, Vice President, Financial Services & Payments, PhonePe, said in a statement.