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Boeing 737 Max

Boeing reshuffles top engineers amid 737 MAX crisis

The management reshuffle comes as Europe and Canada said they would seek their own guarantees over the safety of Boeing's 737 MAX. Mar 20, 2019
Mukesh Ambani and Anil Ambani

Mukesh and Anil Ambani: A storied billionaire sibling rivalry is finally ending?

In one of the quirks of destiny, while the wealth of Mukesh grew exponentially, Anil saw his riches dwindling over the years. Mar 19, 2019
Captain CP Krishnan Nair, Leela Group founder

Leela Group's Captain Krishnan Nair – Visionary with a keen sense of destiny

Captain Krishnan Nair was a self-made man who built some of India's finest hospitality properties and single-handedly established the vast business empire of Leela Group in the name of his wife. Mar 19, 2019
jet airways, jet airways q4 results, jet airways share price, aviation stocks, spicejet share price, spicejet q4 results

Is it safe to fly Jet Airways? Engineers' union has some scary update

Naresh Goyal, the chairman of cash-strapped Jet Airways, has told the employees that he needs more time to resolve the issues faced by the company. Mar 19, 2019
Ambani's brothers

Anil Ambani invokes 'family values' after elder brother Mukesh saves him from jail

On Monday, RCom paid the Swedish company Rs 4.6 billion, which also received an additional Rs 30 million from the Supreme Court's registry that the Anil Ambani-led firm had deposited as penalty interest. Mar 19, 2019
Leela Palace Kovalam

Leela Group serves up hotel assets to Brookfield in Rs 3,950 crore deal

The agreement with the Canadian investment firm covers four hotels and stake in Mumbai's The Leela Hotel apartment from joint development of other properties. Mar 19, 2019
Nirav Modi

Nirav Modi to be extradited to India? UK court issues arrest warrant against fugitive diamantaire

The court in London was responding to a request raised by the Enforcement Directorate for Nirav Modi's extradition in a money laundering case. Mar 19, 2019
Jet Airways

Jet Airways delays interest payments, grounds more planes

Cash-crunched Indian carrier Jet Airways Ltd said on Monday it will delay paying interest to its debenture holder, due March 19, owing to financial constraints. Mar 18, 2019
Mindtree

Mindtree may tap institutional investors to beat L&T's hostile takeover bid

L&T is in an advanced stage of talks for buying Café Coffee Day founder VG Sidhartha's stake in Mindtree; co-founder Bagchi quits state job to join the battle. Mar 18, 2019
Anil Ambani

The rise and fall of Anil Ambani: Here's how things became worse for world's 6th richest person

As per Forbes valuation, the younger son of industrialist Dhirubhai Ambani was listed as the world's sixth richest person in 2008. In just a decade, he is now struggling to save his reputation. Mar 16, 2019
Mindtree Ltd

Mindtree mulls share buyback programme to fend off L&T's hostile takeover bid

IT services company may spend Rs 1,000 crore to acquire shares while one of the largest shareholders Sidhartha is talking to firms including L&T to offload shares. Mar 16, 2019
What are E-Cigarettes?

Health Ministry to block entry of US-based e-cigarette maker Juul; how safe are they?

The leading tobacco brand, Juul, has plans to tap the Indian market which has over 100 million tobacco smokers. Mar 16, 2019
Bombay Stock Exchange building BSE dalal street

Markets cap robust week with major gains; Sensex, Nifty close above key levels

Improving trader sentiments buoy markets as domestic cues align with positive global outlook; broad sectoral gains indicate a continued rally. Mar 15, 2019
jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Jet stares at another loan default as lenders seek more funds from Goyal, Etihad

Etihad board undecided on accepting conditions of SBI-led consortium's debt resolution plan that Jet shareholders have approved. Mar 15, 2019
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Mukesh Ambani's Rs 13,000-crore win-win pipeline deal with Brookfield

Indian billionaire's company retains the right to acquire equity in Brookfield-promoted pipeline company while getting a significant share of earnings from the 1,400 km gas transit infrastructure. Mar 15, 2019
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