Companies

Airports privatisation: Aggressive bidding landed five airports in Adani kitty

High growth trajectory in the five airports is expected to give the AAI a win-win partnership with the Adani Group

Feb 27, 2019

An aircraft of India's Jet Airways lands

Etihad conditions set speed bumps for debt-laden Jet's resolution plan

UAE national carrier is apparently unhappy over SBI opposition to its demand for a right of first refusal after one year and Sebi norm requiring an open offer.

Feb 25, 2019

Sebi bans commodities arms of Motilal Oswal, India Infoline from trading

Sebi has directed all clients of the two commodity broking firms to transfer their securities within 45 days to other brokers.

Feb 23, 2019

ING Group sells entire 3% stake in Kotak Mahindra Bank

Dutch financial giant's exit from private lender by offloading 5.8-crore shares in block deal was expected after a partial stake sale last year.

Feb 23, 2019

Ericsson case: Anil Ambani guilty of contempt, directed to pay Rs 453 crore or face 3 months jail

Banks may refuse to release funds to save Anil Ambani jail time

Lenders' boards may not allow RCom's request for releasing Rs 260-crore tax refund held in escrow account for paying off Ericsson after Supreme Court verdict.

Feb 23, 2019

Oyo Hotels enters Japan; announces joint venture with Yahoo

In the last 12-18 months, the Gurugram based company has kicked off its operations in five countries which include India, China, Malaysia, the UK and Nepal.

Feb 22, 2019

Uber Eats close to selling Indian food delivery business to Swiggy

Uber Eats, the food delivery arm of ride-hailing app Uber Technologies Inc, is close to a deal to sell its Indian business to Bengaluru-based Swiggy, the Economic Times reported on Friday.

Feb 22, 2019

High-profile fugitives: Cautious CBI issues lookout notice for Chanda Kochhar

Enforcement Directorate had earlier registered a money-laundering criminal case against Chanda Kochhar, Deepak Kochhar and Videocon's Venugopal Dhoot.

Feb 22, 2019

Anil Ambani set to exit mutual fund biz with Reliance Capital stake sale

Company invites foreign partner Nippon Life Insurance to acquire entire 43% stake in Reliance Nippon Life Asset Management

Feb 22, 2019

Sachin Bansal heads to Ola board with Rs 650 crore investment

Taxi-hailing app company Ola Cabs hopes to use Flipkart co-founder Sachin Bansal's expertise to grow business across verticals and geographies.

Feb 20, 2019

Reliance battles Comcast, Sony for a substantial stake in Zee

Subhash Chandra's Zee Entertainment has several global suitors including Apple, Sony, Comcast and Atairos seeking to buy a controlling stake.

Feb 19, 2019

Honda 'to shut down UK plant,' over 3,500 jobs on the line

The Swindon plant is known to be a busy one with about 100,000 Civic cars being produced for the global market, and shutting it down would mean over 3,500 workers would lose their jobs.

Feb 19, 2019

Johnson & Johnson implant patients question compensation package

In November 2018, the central government had devised a formula and as per that, each affected person was to get a compensation between Rs 20 lakh and Rs 1.22 crore, depending on risk factors, disability and age.

Feb 19, 2019

Ranbaxy Malvinder Singh Shivinder Fortis

Malvinder Singh alleges death threat, sues brother Shivinder and Radha Soami Satsang head

Fortis co-founder Malvinder Mohan Singh filed a criminal complaint against his brother Shivinder and spiritual head of the Radha Soami Satsang Gurinder Singh Dhillon accusing them of fraud and sending him death threats. He said that other members of the satsang are also threatening him.

Feb 18, 2019