States, PSUs invited to bid for Air India building at Nariman Point

• Air India had received ₹27,195.21 crore in equity from the government till March 2018
• Restricting the sale of the Nariman Point building to states and PSUs is likely to limit its valuation

FedEx starts $575 million worker buyout as overseas demand cools

• The voluntary buyout will yield annual savings of as much as $275 million, FedEx said in a regulatory filing Friday
• The maximum payment under FedEx’s buyout is two years’ pay. The offer expires at the end of May

Facebook faces potential record US fine on privacy violations: Report

• The size of the Facebook fine couldn’t be learned
• It’s also not clear whether the agency has settled on how much to seek from Facebook or it will also require changes to Facebook’s data collection and sharing practices

India’s data must be controlled by Indians: Mukesh Ambani

• We will have to migrate the control and ownership of Indian data back to India: RIL chairman Mukesh Ambani
• He also stressed on the need to collectively launch a new movement against data colonisation

How new TRAI rules will change your Airtel DTH, Tata Sky, Dish TV plans in 2019. List of all charges

Trai has come up with a set of rules which changes plans, packages and pricing of TV channels by all operators like Airtel DTH, Tata Sky, Dish TV, Hathway Cable, Siti Cable, Sun DTH, etc.

Mukesh Ambani vs Jeff Bezos set to begin from Gujarat

• Reliance e-commerce will be first rolled out to 1.2 million retailers in Gujarat
• This will pose a challenge to Flipkart, Amazon and Paytm Mall

Marco Pierre White: ‘Chefs are not geniuses or artists, they are just workers’

• British chef Marco Pierr White on changing face of modern fine dining and importance of making food more affordable and accessible to all
• White is on his maiden trip to India to judge the fourth edition of ‘World On A Plate’ culinary festival

Tesla cuts 7% of its workforce to make Model 3 affordable

• CEO Elon Musk has been under intense pressure to stabilise production of the Model 3  
• This is Tesla’s second job cut in seven months and comes just days after it cut US prices for all vehicles

Wipro spins out govt business as separate segment

• Wipro is now organized into the following operating segments: IT services, IT products and India state-run enterprises
• The rest of the India enterprise business would continue to be part of its IT services segment

Vibrant Gujarat 2019: Adani, Ambani, others line up big investments

• Mukesh Ambani is looking to double Reliance's investments in Gujarat
• Kumar Mangalam Birla has pledged ₹15,000 crore and Gautam Adani ₹55,000 crore towards the state

Wipro announces 1:3 bonus; Q3 net profit rises 30%

Net profit rose to ₹ 2,510 crore during October-December from ₹ 1,931 crore a year ago; revenue rose 10.2%; IT services business clocked $2.04 billion in revenues

Carlos Ghosn received $9 million improperly from Nissan-Mitsubishi JV

Probe finds Carlos Ghosn did not discuss pay with other board members; allegations add pressure on Renault to cut ties with Ghosn

RIL gains 3.5% on continued strong petchem, retial and telecom operations

Reliance Jio reported a 65% increase in its December quarter net profit to ₹831 crore from ₹504 crore a year ago

Reliance Retail, Jio to launch new e-commerce platform

The new e-commerce project will empower 1.2 million shopkeepers in Gujarat

IL&FS says unable to meet interest payment obligation

• IL&FS and some of its group entities in the past few months have defaulted on debt repayments, triggering concerns over liquidity in the financial system
• The group’s total debt stood at over ₹94,000 crore as of 8 October, 2018

Data must be owned by individuals, says Mukesh Ambani

Need to collectively act against data colonisation: RIL chairman and MD Mukesh Ambani at the Vibrant Gujarat summit

Vistara offers flight tickets from ₹899 in new sale

Booking for tickets under Vistara's latest offer ends today and a minimum of 15 days advance purchase is required for booking economy class

Noida-Greater Noida metro line to start from this month

The Noida-Greater Noida metro line's inauguration will be most likely on January 25 by Uttar Pradesh Chief Minister Yogi Adityanth.

Netflix’s big game plan for India and other markets outside US

Outside the US, Netflix has strong local competition in some countries, and it's trying unusual experiments such as lower-cost pricing to win over people in India, Malaysia and other large countries where Netflix might not be an obvious choice.

Netflix movie ‘Bird Box’ draws 80 million viewers; no data for ‘Roma’

Netflix said in a statement that with movies like Roma, from Mexican director Alfonso Cuaron, we are beginning to have our original movie offering mirror the success of our series.