Companies

L&T heads to US and EU for anti-trust watchdogs approvals for Mindtree takeover

After getting Indian competition czar's nod for buying a 66 per cent controlling stake in Mindtree, L&T needs approval in key markets for the Rs 10,700-crore acquisition.

Apr 7, 2019

Jet Airways crisis deepens, lessors ask DGCA to de-register more planes over 10 days

About six lessors are expected to apply to the Directorate General of Civil Aviation (DGCA) to de-register up to 15 planes that have already been grounded, over the next 10 days.

Apr 6, 2019

Mother Dairy's Rs 190 crore investment in IL&FS goes bad; seeks PM's intervention

The timing of investment is questionable as financial troubles of IL&FS were in the public domain at the time of Mother Dairy's investments.

Apr 5, 2019

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Axis Bank terminates over 50 mid-level managers to raise 'productivity and efficiency'

Axis Bank CEO Amitabh Chaudhry has introduced a series of structural changes in India's third largest private sector bank since his takeover in January.

Apr 5, 2019

Ranbaxy Malvinder Singh Shivinder Fortis

Will send you to jail in Daiichi-Ranbaxy case: SC warns Singh brothers

The Supreme Court bench headed by Chief Justice Ranjan Gogoi stated that it will now straightaway hear the contempt petition against the Singh brothers for non-payment of the arbitral award amount to Daiichi Sankyo and send them to jail if the violation of its orders is established.

Apr 5, 2019

Dr Reddy's leads Indian charge of $130 billion Chinese pharma market; stocks rally

The company's revenue in FY18 was $100 million, with the help of its Canada-based joint venture Kunshan Rotam Reddy Pharmaceutical.

Apr 4, 2019

BSNL to sack 54,000 employees post-Lok Sabha elections as losses pile up?

Nearly 31 per cent of the 1.7 lakh workforce at BSNL is likely to be laid off as a result of the company's cost-cutting measures.

Apr 3, 2019

GainBitcoin scandal's Amit Bhardwaj granted bail by Supreme Court

Along with Amit, his brother Vivek Bhardwaj has also been granted bail. However, the apex court directed Amit to pay Rs 10 crore and his brother to pay Rs 1 crore.

Apr 3, 2019

Google India chief Rajan Anandan quits, to join Sequoia India

Google India Vice-President Rajan Anandan has quit from his position on Tuesday, April 2. He will leave the company by April-end, Google said.

Apr 2, 2019

Prank for a cause; Ola banks on April 1 phenomenon to crowdfund toilets for 20,000 people

Launched under Ola's 'My Ride. My Cause' programme, users will be able to contribute Rs 1 per ride from April 2 until October 2, 2019.

Apr 2, 2019

India's fraud investigator arrests ex-chairman of debt-laden IL&FS

India's Serious Fraud Investigation Office (SFIO) has arrested the former chairman of debt-laden Infrastructure Leasing and Financial Services (IL&FS) in connection with an ongoing investigation into the lender, a government official said on Monday.

Apr 2, 2019

Airbnb checks into Oyo rooms, invests $150-200 million

Last year, the unicorn start-up had managed to raise more than $1 billion from investors.

Apr 2, 2019

With 9,500 branches and 13,400 ATMs, Bank of Baroda now 2nd largest PSU bank after SBI

The RBI had said on Saturday that all outlets of Bengaluru-based Vijaya Bank and Mumbai-based Dena Bank will begin functioning as outlets of Vadodara-headquartered BoB from Monday.

Apr 1, 2019

Johnson & Johnson in deep trouble in India; now cancer-causing ingredients found in baby shampoo

The Drugs Control Organisation of Rajasthan has claimed to have discovered formaldehyde in two batches of the popular shampoo and subsequently, a notice has been sent to authorities across the country.

Apr 1, 2019

Is Coke raiding Indian grandma's secret recipe chest for ethnic drinks products?

Once considered the epitome of an evil West out to culturally emasculate India, Coca-Cola is seeking to spice up the market with drinks like jaljeera, aam panna, and masala buttermilk.

Mar 30, 2019

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Companies

L&T heads to US and EU for anti-trust watchdogs approvals for Mindtree takeover

Jet Airways crisis deepens, lessors ask DGCA to de-register more planes over 10 days

Mother Dairy's Rs 190 crore investment in IL&FS goes bad; seeks PM's intervention

Axis Bank terminates over 50 mid-level managers to raise 'productivity and efficiency'

Will send you to jail in Daiichi-Ranbaxy case: SC warns Singh brothers

Dr Reddy's leads Indian charge of $130 billion Chinese pharma market; stocks rally

BSNL to sack 54,000 employees post-Lok Sabha elections as losses pile up?

GainBitcoin scandal's Amit Bhardwaj granted bail by Supreme Court

Google India chief Rajan Anandan quits, to join Sequoia India

Prank for a cause; Ola banks on April 1 phenomenon to crowdfund toilets for 20,000 people

India's fraud investigator arrests ex-chairman of debt-laden IL&FS

Airbnb checks into Oyo rooms, invests $150-200 million

With 9,500 branches and 13,400 ATMs, Bank of Baroda now 2nd largest PSU bank after SBI

Johnson & Johnson in deep trouble in India; now cancer-causing ingredients found in baby shampoo

Is Coke raiding Indian grandma's secret recipe chest for ethnic drinks products?

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]