Companies

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

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

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

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

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

Oracle India joins tech giants announcing massive restructuring, sacks 100 employees

Software developers, quality assurance and documentation professionals have been badly impacted by the announcement.

Mar 22, 2019

jet airways, jet airways q4 results, jet airways share price, aviation stocks, spicejet share price, spicejet q4 results

Jet Airways pilots say they pawn mothers' jewels to survive without salaries

Etihad has refused to further invest in Jet Airways and it is still uncertain if State Bank of India (SBI), which leads a group of lenders, will be able to figure out a turnaround.

Mar 22, 2019

You will now get free Wi-Fi at Cafe Coffee Day outlets across Bangalore and New Delhi

Who is VG Siddhartha? The restless entrepreneur and sagacious investor

Cafe Coffee Day founder Siddhartha offloaded his 20.32 per cent stake in Mindtree that he picked up over the years for an estimated Rs 340 crore for a whopping Rs 3,270 crore.

Mar 22, 2019

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Companies

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

After Mukesh Ambani, another Indian billionaire bails out younger sibling

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

Airbus wins China order for 300 jets as Xi visits France

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

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

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

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

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

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

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

Are Mindtree founders foolish, lower middle class folks?

Oracle India joins tech giants announcing massive restructuring, sacks 100 employees

Jet Airways pilots say they pawn mothers' jewels to survive without salaries

Who is VG Siddhartha? The restless entrepreneur and sagacious investor

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]