Business news

Air India Incident: 53-year-old air hostess falls off plane before take off at Mumbai airport

The incident happened on Air India flight AI 864 operating on Mumbai-Delhi route, according to the airline source.

Oct 15, 2018

Google testing 'Explore' interface on Chrome; all you need to know

The interface is in its early stages and contains a large number of placeholder sites at the moment -- most of them of specific interest to Indian users.

Oct 15, 2018

RBI refuses to extend deadline for data localisation

The central bank has given a six-month window to global payment companies to store transaction data of Indian customers within India.

Oct 14, 2018

Fancy a bottle of Teslaquila? Elon Musk files patent for Tesla-themed liquor

Teslaquila was first an April fool's joke by Tesla CEO Elon Musk who said in a tweet that he was found passed put by a Tesla model 3, surrounded by Teslaquila.

Oct 14, 2018

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Sovereign gold bonds fixed at Rs 3146 per gram; all you need to know

SGBs are denominated in multiples of gram of gold with a minimum unit of one gram and can also be held in demat form.

Oct 13, 2018

Want to browse internet during flight hours? SpiceJet to offer free Wi-Fi onboard

It is to be noted that regulators in India have put an embargo on the use of internet in flight, even the international airlines are not allowed to give the access of internet to its passengers.

Oct 13, 2018

Zomato secures $210 million from Alibaba's payment affiliate Ant Financial

The company plans to take its rival Swiggy head on to have a larger chunk of the pie in the Indian food delivery marketplace

Oct 13, 2018

IL&FS board orders austerity measures amid debt crisis

IL&FS said that the board is also of the opinion that the entire group should carry out a fresh audit of all its accounts.

Oct 13, 2018

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Hindustan Unilever Ltd's Q2 net profit rises by 19.51%

The company had posted a net profit of Rs 1,276 crore during the same period last fiscal. Sales during the quarter under review stood at Rs 9,138 crore as against Rs 8,199 crore in the year-ago period, up 11.45 per cent.

Oct 13, 2018

State Bank of Mauritius branch in Mumbai loses Rs 143 crore in cyber fraud

The State Bank of Mauritius said that some unknown persons have hacked into its servers to illegally access various accounts and managed to transfer money to multiple accounts outside the country.

Oct 12, 2018

IKEA to invest Rs 2,000 crore in upcoming Bengaluru showroom

Like other outlets, the Bengaluru store will have a food court attached to the furniture store. It will also feature a supervised daycare centre for children.

Oct 12, 2018

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Amid stock market rout, gathering gloom on mutual funds scene

The growth in new funds in the last three months was a marginal 2 percent. Analysts note that investors are not stopping SIP -- just yet. However, new allocation are not happening either.

Oct 12, 2018

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Jet Airways may ground 23 Boeing 737s to cut costs, defaults on salary payment again

The issues were discussed during a meeting with the National Aviators Guild (NAG), the pilot union of Jet, during which Jet Airways also delayed payments to its pilots and engineering staff, the deadline for which was October 9.

Oct 12, 2018