Business news

IL&FS Chairman Ramesh Bawa arrested for massive loan defaults

The former top executive has been held under Section 447 of the Companies Act that enables SFIO to arrest a person for committing fraud.

Apr 13, 2019

Reliance Communications denies France waived taxes for Anil Ambani-led company

Reliance Communications rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities.

Apr 13, 2019

Is HDFC Bank the secret of top funds' show in beating benchmark index in growth?

Four of five funds that beat Nifty's 11.7% growth from December had HDFC Bank as one of the top three stocks on their portfolios, survey shows.

Apr 13, 2019

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Will lenders thwart Naresh Goyal's bid for backdoor entry to Jet's cockpit?

Jet Airways founder's expression of interest in debt resolution plan puts banks that ousted him as chairman in a fix while reports of PMO's interest add to uncertainty

Apr 13, 2019

How much is Facebook spending to keep Zuckerberg safe?

Mark Zuckerberg was awarded $9,956,847 in 2018 as the pre-tax income for security and personal travel. He was given an extra $10 million for his family's security.

Apr 13, 2019

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Benchmark indices shed previous weeks' gains as poll worries induce choppiness

Indices move sideways with Sensex and Nifty registering marginal losses; results season fail to buoy markets under election pressure

Apr 13, 2019

Once bitten, twice shy: Roots of Etihad's reluctance over Jet Airways rescue plan

Etihad's non-binding expression of interest in Jet rescue plan is only the first step in a long and cautious journey for UAE national carrier in a bid to avoid pitfalls it stepped into earlier.

Apr 12, 2019

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

Naresh Goyal can offer an expression of interest in Jet's debt resolution plan and has a remote chance of returning to controlling role but will have uphill task convincing lenders to ignore possible objections of Etihad.

Apr 12, 2019

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Time for stock-specific play as 7-phase elections begin; market remains flat

Traders brace for increased volatility that could continue until government formation after general election results on May 23; volatility index India VIX rises.

Apr 11, 2019

Does Goyal legacy make Jet investment a poisoned chalice for other airlines?

There were reports that Tata Sons, which has major stakes in Vistara and Air Asia India, might be interested in Jet Airways.

Apr 11, 2019

Rafale order bombs markets; volatility soars ahead of Phase 1 of Lok Sabha polls

Sensex shed nearly 1% and Nifty 0.75% after Supreme Court ruling on French warplane deal amid rising uncertainty over elections with the first phase of polling set to be held on Thursday.

Apr 10, 2019

Amazon's super-app offering goods and services bouquet to spur new e-commerce war

Online retailer Amazon is set to leverage newly acquired Tapzo platform to develop super-app for online trade in products and services including flight ticket booking, food delivery and cab hire.

Apr 10, 2019

Downfall of Jet Airways: How India's premium airline crumbled

Jet Airways has posted losses in eight of the past 10 years and its share of the domestic passenger market has fallen to about 15.5% in 2018 from 22.5% in 2015. About 60%, or more than $600 mn, has been wiped off Jet's market value over the past year.

Apr 10, 2019

Meet billionaire CEOs Elon Musk, Mark Zuckerberg who receive annual salary of 1 dollar

Many executives of big companies, especially in Silicon Valley, see it as a point of prestige to not take a large salary. Instead, their earnings come in the form of bonuses and other compensation.

Apr 9, 2019

Jet Airways on borrowed time as investors cold to lenders' rescue plan

The SBI-led banks' consortium hints at investment possibility of up to 75% stake in debt-laden Jet while expression of interest is set to close on Wednesday.

Apr 9, 2019

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Business news

IL&FS Chairman Ramesh Bawa arrested for massive loan defaults

Reliance Communications denies France waived taxes for Anil Ambani-led company

Is HDFC Bank the secret of top funds' show in beating benchmark index in growth?

Will lenders thwart Naresh Goyal's bid for backdoor entry to Jet's cockpit?

How much is Facebook spending to keep Zuckerberg safe?

Benchmark indices shed previous weeks' gains as poll worries induce choppiness

Once bitten, twice shy: Roots of Etihad's reluctance over Jet Airways rescue plan

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

Time for stock-specific play as 7-phase elections begin; market remains flat

Does Goyal legacy make Jet investment a poisoned chalice for other airlines?

Rafale order bombs markets; volatility soars ahead of Phase 1 of Lok Sabha polls

Amazon's super-app offering goods and services bouquet to spur new e-commerce war

Downfall of Jet Airways: How India's premium airline crumbled

Meet billionaire CEOs Elon Musk, Mark Zuckerberg who receive annual salary of 1 dollar

Jet Airways on borrowed time as investors cold to lenders' rescue plan

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]