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NCLT

SC stays NCLT decision to allow govt to take over Unitech management

"If the Union government intended to move the NCLT, it must have taken permission from us as we have been seized of the matter," said a SC bench headed by Chief Justice Dipak Misra. Dec 13, 2017
India telecom operators

Vodafone and Idea initiate talks on deal closure; discussions revolve around losses

The discussion of the merger deal revolves around how to work on Idea's losses incurred since the announcement of the deal in March and how to fund them. Dec 13, 2017
Xiaomi Mi Mix 2, Review, display, design, performance

Xiaomi plans to sell electric vehicles and many other consumer products in India

The company also plans to enter India's payments bank business. Dec 12, 2017
apple-inc

Apple buys music-recognition app Shazam; all you need to know

Cupertino-based technology major Apple has acquired music-identification app company Shazam for $400 million. Dec 12, 2017
SBI

SBI changes IFSC codes and names of about 1,300 branches

The customers holding SBI accounts have been informed about the change in IFSC codes. Dec 11, 2017
Unitech Managing Director Sanjay Chandra

Unitech approaches SC against NCLT order; shares surge as govt take over of management imminent

Shares of Unitech rose as much as 20 percent after the NCLT authorised the government to change the board of the company. Dec 11, 2017
Amazon

Amazon India's sales volume soars 67 percent in September quarter

Amazon also claimed that it grew much faster than its biggest home-grown rival Flipkart in the April-September period. But what do Indians prefer Amazon or Flipkart? Dec 11, 2017
Air India flight

Foreign airlines must be allowed to bid for Air India: IATA chief executive

Alexandre de Juniac says that the government can keep a part stake initially but should eventually exit Air India. Dec 11, 2017
Condé Nast

Are layoffs in vogue? Condé Nast trims number of magazines' issues; likely to cut jobs as cost-cutting measure

Condé Nast is said to be planning to merge the fashion-market editors of its magazines Vanity Fair, Glamour, and W under a single department, which means the brand will cut quite a few jobs. Dec 9, 2017
Unitech Managing Director Sanjay Chandra

New management to be appointed for Unitech, NCLT accepts govt plea

The National Company Law Tribunal (NCLT) had suspended all the eight directors of the realty firm. Dec 9, 2017
Manoj Sinha, Sadanada

India ready to launch 5G network services at par with global timeline: Manoj Sinha

The Centre now wants to draw level with the rest of the world on 5G, which is a next-generation mobile technology that will have a higher demand once introduced. Dec 9, 2017
Housing India

MP govt orders probe over Rs 300 cr scam to help builders escape RERA

Allegedly back-dated completion certificates were issued to housing projects that were incomplete in an attempt to save the builders from the Real Estate Regulatory Authority (RERA) regulations. Dec 9, 2017
Bitcoin Cryptocurrency Is Booming

'Bitcoin to touch $60,000 in 2018 before crashing at $1,000 in 2019'

Are you going to invest in Bitcoin this year? Here's a prediction for 2018 and 2019. Dec 8, 2017
General Electric

After Siemens, GE to lay off 12,000 employees worldwide as part of firm's turn-around plans

The 12,000 jobs cuts are said to be a part of GE's efforts to turn the company around since Jeffery Immelt stepped down in August and the firm was taken over by CEO John Flannery. Dec 8, 2017
Samsung

Another IT boom in the offing? Samsung India to hire 1,000 engineering grads for new-age profiles

Besides offering placements to the IIT graduates, Samsung will also hire from other premier colleges like Delhi College of Engineering, BITS Pilani, Manipal Institute of Technology. Dec 8, 2017
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