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Zomato

Delivery Hero Group takes over Zomato's UAE business for $172 million

In the latest round of funding, Zomato has raised $105 million from Delivery Hero, Glade Brook Capital, Shunwei Capital, and Saturn Shine Mar 6, 2019
NCLT

Cross-border insolvency law changes to boost ease of doing business in India

A separate section in the Insolvency and Bankruptcy Code (IBC) modelled after international best practices will help partners in foreign tie-ups Mar 5, 2019
Modi US visit

No Indian 'retaliation' to Trump decision to curtail duty-free trade benefits

The removal of India from countries enjoying the generalised system of preferences (GSP) list will mainly hit $5.6 billion duty-free exports of agricultural and handicraft products. Mar 5, 2019
Mitsubishi electric cup

4th Mitsubishi Electric Cup, biggest national-level automation competition, concludes

D.K.T.E. Society's Textile & Engineering Institute, ICHALKARANJI, becomes the Gold Cup winners of 4th Mitsubishi Electric Cup. Mar 5, 2019
IL&FS

Grant Thornton audit report on IL&FS finds rampant irregularities of Rs 13,000 crore

The audit report showed that there were many instances where funds worth Rs. 541 crore were taken for short-term purposes and utilised for long-term purposes. Mar 5, 2019
Alibaba group holdings

Office Depot, Alibaba partnership a boon for small, medium businesses

Alibaba and Office Depot have launched an e-commerce portal focused to take US-based business global with a local approach. Mar 4, 2019
tata logo

Mighty Tatas restructure unwieldy group into 10 verticals

The move is aimed at improving coordination and functioning and is likely to help in synergising operations of over 100 group companies, often operating in overlapping markets. Mar 4, 2019
Bombay Stock Exchange (BSE)

Traders eye bullish turn as border tensions recede, US-China trade wars ease

Indian markets are closed on Monday but are expected to respond positively amid improving chances for Modi government's return and global cues. Mar 4, 2019
SEBI

NSEL scam: Commodity brokers jittery as Sebi ban hangs over more entities

Six big names including Motilal Oswal and Geojit hit by the ban as the market regulator is probing about 300 broking entities in the Rs 5,500-crore NSEL scam Mar 2, 2019
jet airways, jet airways q4 results, jet airways share price, aviation stocks, spicejet share price, spicejet q4 results

Jet troubles worsen as other airlines refuse to fly passengers with cancelled tickets

Air India, Air Vistara cancel deals with Jet for carrying interrupted flights passengers citing big gap in prevailing rates and the standard rate applicable under an agreement. Mar 2, 2019
Naresh Goyal of Jet Airways

Naresh Goyal pens letter to Jet staff hoping things will 'ease up,' son Nivaan may be inducted into board

In the letter sent out to Jet Airways' employees on March 1, Goyal said he was he is "prepared to make any sacrifice to ensure your future comfort and prosperity, viability of the airline and welfare of all employees." Mar 2, 2019
Chanda Kochhar

ICICI bank-Videocon case: Chanda Kochhar reaches ED Mumbai office for questioning

The summons was sent a day after the investigation agency carried out raids at offices and homes of the Kochhars and Videocon chief Venugopal Dhoot. Mar 2, 2019
amazon india, online marketplace, ecommerce, snapdeal, flipkart, amazon india loss

Anti-fake rules in draft e-commerce policy to help lower originals' cost

Even though online retail companies do not share data on fake products, some studies have pegged the share of counterfeit goods sold online at 20%. Mar 1, 2019
steel production in india, steel production japan, steel exports by india, steel imports by india, india news, steel, tata steel, factory, iip, indian economy, gdp

Economic growth for FY19 at 7% projected to be lowest for Modi years

GDP growth estimated to hit a six-quarter low of 6.6% in the third quarter with the expansion falling in all key sectors, CSO data show. Mar 1, 2019
Chanda Kochhar

ICICI Bank-Videocon case: Chanda Kochhar's residence raided by Enforcement Directorate

Enforcement Directorate had earlier registered a money-laundering criminal case against Chanda Kochhar, Deepak Kochhar and Videocon's Venugopal Dhoot. Mar 1, 2019
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