Business news

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Jet Airways to induct wide-body aircraft on congested routes

Introducing the A330 will double the Jet Airways' capacity on the fast growing Delhi-Kolkata-Delhi route.

Oct 17, 2016

Twitter joins Reliance Jio and Amazon in bidding war for IPL digital rights

Meanwhile, Star India and Sony Pictures may have been given a green signal to sweep all the IPL media rights.

Oct 17, 2016

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Bangalore Metro hopes for better ride this fiscal with rising traffic, non-fare revenues

More ATMs at Namma Metro stations, among others, will boost the rental income of BMRCL that posted net loss of Rs 361 crore in 2015-16.

Oct 17, 2016

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ICICI Bank, SBI, Axis Bank shares spurt on Essar Oil-Rosneft deal

Essar Group's ability to repay loans after the $12.9 billion deal with Russia's Rosneft triggers rally in ICICI Bank, SBI shares.

Oct 17, 2016

Adani Power senior executive 'commits suicide' in Jaipur

In his suicide note, Tripathi mentioned that he was fed up with life and he was solely responsible for suicide.

Oct 17, 2016

Oil prices fall on rise in US drilling, strong dollar

Traders said that WTI was pulled down by another rise in U.S. oil drilling activity.

Oct 17, 2016

Asian shares fall, dollar at 7-month high after Yellen comments

Janet Yellen said Fed may need to run "high-pressure" economy in order to reverse damage from the global financial crisis.

Oct 17, 2016

7th Pay Commission: Staff, pensioners of autonomous govt bodies yet to get new pay benefits

The Confederation of Central Government Employees and Workers has urged Finance Minister Arun Jaitley to intervene in this regard.

Oct 16, 2016

Google comes to your rescue for booking a cab

Uber signs deal with Electronics and IT Ministry for driver training

Uber will start the initiative with an initial pilot phase in and around Delhi, Mumbai and Bengaluru.

Oct 16, 2016

Cisco India's revenues cross $1 billion; company plans to launch new projects

In the next few years, India will be in the top three or four markets (in terms of revenues) for Cisco.

Oct 16, 2016

Morning brief: Varanasi stampede kills 19, 7th Pay Commission, Sherlock season 4 spoilers and more.

Also read about the Reliance Jio 4G speed review and the ISL 2016 highlights.

Oct 16, 2016

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Air India back in the black at operating level after 10 years

National carrier Air India also narrows net loss to Rs 3,837 crore in 2015-16 from Rs 5,859 crore in 2014-15.

Oct 15, 2016

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Essar Oil sells 98% stake to Rosneft, Trafigura, United Capital Partners for $12.9 billion

Prashant Ruia-led Essar Oil's stake sale worth $12.9 billion to Russian firm Rosneft and others will help reduce Essar Group's debt.

Oct 15, 2016

ICICI Bank replaces Rajiv Sabharwal with Anup Bagchi as retail head; Shilpa Kumar is MD and CEO of ICICI Securities

ICICI Group reshuffles top management, gives new responsibilities to Anup Bagchi, Shilpa Kumar and B Prasanna.

Oct 15, 2016

Samsung puts the last nail in the Galaxy Note 7 coffin

Galaxy Note 7 fiasco to hit Samsung's smartphone shipments to India, says CMR

The recall and production stoppage woes of Galaxy Note 7 could cost Rs 6,500 crore to Samsung's India operations.

Oct 14, 2016

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