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Mighty Tatas restructure unwieldy group into 10 verticals

The move is aimed at improving coordination and functioning and is likely to help in synergising operations of over 100 group companies, often operating in overlapping markets. Mar 4, 2019
jet airways, jet airways q4 results, jet airways share price, aviation stocks, spicejet share price, spicejet q4 results

Jet troubles worsen as other airlines refuse to fly passengers with cancelled tickets

Air India, Air Vistara cancel deals with Jet for carrying interrupted flights passengers citing big gap in prevailing rates and the standard rate applicable under an agreement. Mar 2, 2019
Naresh Goyal of Jet Airways

Naresh Goyal pens letter to Jet staff hoping things will 'ease up,' son Nivaan may be inducted into board

In the letter sent out to Jet Airways' employees on March 1, Goyal said he was he is "prepared to make any sacrifice to ensure your future comfort and prosperity, viability of the airline and welfare of all employees." Mar 2, 2019
Chanda Kochhar

ICICI bank-Videocon case: Chanda Kochhar reaches ED Mumbai office for questioning

The summons was sent a day after the investigation agency carried out raids at offices and homes of the Kochhars and Videocon chief Venugopal Dhoot. Mar 2, 2019
Chanda Kochhar

ICICI Bank-Videocon case: Chanda Kochhar's residence raided by Enforcement Directorate

Enforcement Directorate had earlier registered a money-laundering criminal case against Chanda Kochhar, Deepak Kochhar and Videocon's Venugopal Dhoot. Mar 1, 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.

Reliance Industries eyes majority stake in logistics startup Grab

The acquisition of the hyperlocal logistics company is expected to help RIL fine-tune its e-commerce plans. Mar 1, 2019
Naresh Goyal of Jet Airways

Jet Airways founder Naresh Goyal agrees to step down as chairman

After months of deliberation, the exit of Naresh Goyal would allow the board to go ahead with the debt restructuring plan of the cash-strapped airline. Mar 1, 2019
bitcoin

Bengaluru boasts highest number of cryptocurrency job openings in the country

Bengaluru currently has 34 per cent job openings in cryptocurrency in recruitment website 'Indeed', making it top the list while Pune trails far behind with only eight per cent job openings in cryptocurrency. Feb 28, 2019
Elon Musk

Elon Musk changes Twitter name to Elon Tusk amid reports he may lose CEO post

Tesla CEO Elon Musk changed his name and also put up an elephant emoji next to his new name. He then changed his profile picture and put up an image of Mars, and promised to announce some Tesla "news" on Thursday, February 28, at 2 pm California time. Feb 28, 2019
Ahmedabad airport

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 headquarters

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
Kotak Mahindra

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
Ritesh Agarwal

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
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