Saturday, February 1, 2020

Amazon holiday quarter delivers, threatens profit squeeze for UPS and FedEx

Amazon.com Inc's rapid expansion of one-day shipping delivered a strong holiday quarter and showed the rising ambition of the company, which in six years has created a network that handles nearly as many packages as FedEx Corp.

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Ashok Leyland targets ₹2,000 crore in savings with focus on leaner financial structure and profit growth

Ashok Leyland, India's second largest truck and bus manufacturer, is advancing in its cost optimisation journey, targeting over ₹2,000 c...