Business news

Ex-Paytm executive Sonia Dhawan, out on bail, to return to company soon?

Speculations are rife that the former senior executive of Paytm, Sonia Dhawan, will likely join the company soon.

Mar 27, 2019

Mindtree board dumps share buyback plan, is it advantage L&T?

The move may make it easier for L&T to gain control of the IT company, controlling shareholders of which have been resisting a takeover by the engineering-to-software behemoth.

Mar 27, 2019

Play

Boeing crisis escalates as 737 MAX 8 makes emergency landing shortly after take-off in US

Southwest Flight 8701 returned to Orlando International Airport just before 3 pm ET after pilots reported a performance issue with one of the engines.

Mar 27, 2019

Play

After Mukesh Ambani, another Indian billionaire bails out younger sibling

The Mittal brothers had split their businesses in 1994. However, eldest brother Lakshmi Niwas chipped in with 16 billion rupees to help Pramod clear massive dues to STC.

Mar 26, 2019

[Read Full Text] Naresh Goyal assures 'light at the end of the tunnel' in emotional letter to Jet Airways staff

Naresh Goyal and his wife Anita Goyal had stepped down from the board of the cash-strapped aviation company on Monday.

Mar 26, 2019

Play

Airbus wins China order for 300 jets as Xi visits France

French officials said the deal was worth some 30 billion euros at catalogue prices. Planemakers usually grant significant discounts.

Mar 26, 2019

Sensex tanks 355 points on global growth concerns

Except for oil and gas and power sector stocks all the sectors on both BSE and NSE ended in the red led by finance and banking stocks.

Mar 25, 2019

Play

Naresh Goyal quits as Jet Airways chairman, stake slashed to 25%

Ahead of the crucial jet Airways board meeting on Monday, speculation was rife that Goyal would step down, meeting a key demand of prospective rescuers.

Mar 25, 2019

Heart over head, poor acumen and lack of foresight? Mindtree's parallels with Infosys

L&T has deployed Rs 10,733 crore war chest to accumulate 66.41% of Mindtree shares after buying up Café Coffee Day founder VG Siddhartha's 20.32% stake.

Mar 25, 2019

TCS' $420 million 'data theft' case filed by Epic Systems moves to higher US court

US-based Epic Systems had filed a case against TCS, accusing the Indian IT giant of stealing its intellectual property. It said that employees of the firm had created a fake user account and stole over 6,000 confidential details on Epic's system development information.

Mar 25, 2019

Jet Airways founder Naresh Goyal to quit as chairman today - report

The report also said that Jet's lenders may invoke Goyal's entire stake in the airline, and start looking for a new buyer in the coming weeks.

Mar 25, 2019

Can Mukesh Ambani's Reliance use Chinese example for Venezuela oil trade?

World's largest refiner Reliance could beat US sanctions and benefit from 15-year trade contract by the use of corporate entities without exposure to the US financial system

Mar 23, 2019

Ola's aggregator license suspended in Bengaluru for 6 months, around 300 vehicles impounded

Ola told International Business Times, India, that they are evaluating all options to find an amicable solution.

Mar 22, 2019

Play

Facebook confesses to storing 600 million users' passwords in plain text for years

The bug was unearthed during a security review in January and was reported by Brian Krebs, a cybersecurity writer. Facebook, in a blog post, explained the situation and said that they have fixed the bug.

Mar 22, 2019

Are Mindtree founders foolish, lower middle class folks?

Builders have arrived with excavators, bulldozers, chainsaws and cranes to destroy the tree, says Mindtree founder Subroto Bagchi.

Mar 22, 2019

Prev 41 42 43 44 45 46 47 48 49 50 Next

IBTIMES TV

Indonesian police headquarters struck by suspected suicide bombing

45 minutes ago