Until August 2018, there were no trillion dollar companies in the US. Since then, three different companies have touched the milestone. Microsoft’s market cap briefly touched $1 trillion (Rs. 60 lakh crore) after its stock price rose 4.4 percent following strong earnings. Microsoft’s shares traded at $130.54 in late trading, giving the company an overall market cap in excess of $1 trillion. Microsoft’s stock has gained about 23% gain this year, catapulting it into the trillion…

As a giant of Indian business has faltered, newer players have stepped up to help out those affected. After Jet Airways shut down operations on 19th April, several Indian startups and companies have come forward and offered jobs to its employees. Jet had over 20,000 people on its rolls which, with the company temporarily out of business, are effectively out of work. But several businesses have stepped up and offered to help them out. “With the sad…

India’s skies haven’t been quite the same for the last few days. Jet Airways, one of the country’s most prominent airlines, has temporarily shut down its operations. Jet had been struggling for a few years, and after hectic negotiations over its future failed, it was forced to to halt all its domestic and international flights. It was the dramatic culmination of a near-three-decade journey, in which Jet Airways, which had started off in 1993 running…

Reliance had caused some raised eyebrows when it had first said that its Jio arm was profitable for an entire quarter, just around a year after it had launched. It’s now gone ahead and repeated the feat six times over. Jio has recorded its sixth straight profitable quarter for the January-March period, recording a profit of Rs. 840 crore. This was up by 65% from the profit recorded over the same period last year, when…

Urban Indian consumers are currently king  — over the last few years, all manner of companies have been lavishing them with discounts and freebies, hoping to earn their business. And while most companies give away discounts usually win customer loyalty, some are doing so for something more important: the nation’s democracy. Several Indian companies have come out with a host of offers and discounts to incentivize Indian voters to go out and cast their votes in the Indian…