Companies

Flipkart and Amazon seek more time to comply with revised e-commerce policy

The US-India Strategic Partnership Forum had also raised its concern over the rules and had said that it would hamper the FDI inflow in the country.

Jan 16, 2019

Emirati tycoon Al Habtoor offers to buy Leela hotel chain

In a letter to Arun Jaitley, Rashid Al Habtoor has offered to clear the debts of Leela Group of Hotels to SBI and private lenders and make a public offer to buy shares.

Jan 16, 2019

Etihad Airways to invest in debt-laden Jet Airways at discounted Rs 150 per share

Etihad, which owns 24 per cent of Jet, wants exemption from the market regulator on preference pricing and open offer guidelines to invest more for the bailout.

Jan 16, 2019

Cheer for Vodafone Idea employees; salaries to be raised first time after 2017

The employees of Idea Cellular and Vodafone have not been given salary corrections since 2017 amid deliberations taking place for the merger of the two companies

Jan 16, 2019

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

Naresh Goyal to cede Jet Airways control as bailout plan explores more Etihad stake

The SBI-approved proposal seeks lenders to recast the private airline's debt and increase foreign partner's equity participation.

Jan 15, 2019

Qatar Airways Group Chief Executive Officer Akbar Al Baker

Bad news for Jet: Qatar Airways won't invest in 'enemy-controlled' company

Both Etihad and Qatar Airways are promoted by cash rich Gulf Arab emirates, though Qatar Airways swung to losses last year after Qatar was placed under a blockade by neighbouring countries.

Jan 15, 2019

Yes Bank shares rise 5% on reports that Deutsche Bank India head leads CEO race

In September, the RBI decreed that Rana Kapoor cannot stay at the helm beyond January 31, and rejected subsequent appeals for revising of the decision. Kapoor's three-year term had expired on August 31.

Jan 15, 2019

Myntra CEO Ananth Narayanan quits to pursue 'external opportunities'

Myntra CEO Ananth Narayanan resigned from the fashion e-commerce company on Monday. Amar Nagaram has been chosen as his replacement and will report to Flipkart Group CEO Kalyan Krishnamurthy.

Jan 15, 2019

Sachin Bansal gets on board Ola with Rs 150 cr investment; app now valued at Rs 4,090 cr

Ola's filings with the Registrar of Companies reveals that Sachin Bansal made the investment on January 12.

Jan 15, 2019

With 1,300 jobs on offer, India remains Amazon's jobs hot spot

Amazon has almost 1,300 openings in India and in comparison, China has 467 job openings and Japan 381, followed by Australia and Singapore which have 250 and 174, vacancies respectively.

Jan 15, 2019

Infosys raises revenue growth outlook to 9%; proposes share buyback

Infosys Q3 data beat TCS and expected to buoy market as the company seeks to repurchase Rs 8,260 crore stocks in second such programmes in two years.

Jan 12, 2019

Nissan top executive Jose Munoz resigns amid broadened Ghosn probe

In a statement, Nissan said that Munoz had "elected to resign" from the company, effective immediately. The company declined to offer details.

Jan 12, 2019

SpaceX is laying off 10% of it's workforce, Here's why

"Either of these developments, even when attempted separately, have bankrupted other organisations. This means we must part ways with some talented and hardworking members of our team.

Jan 12, 2019

Eveready, one of India's oldest brands, up for sale; shares zoom 18%

Eveready says it has over 50 percent market share in India's batteries segment and holds 75 percent of the country's organised flashlights market.

Jan 11, 2019

Ford to cut thousands of jobs as part of restructuring plans, may shut down plants

While the automaker did not specify the number of employees that would be affected, it did reveal that the number could go up to "thousands," and would include salaried as well as hourly workers.

Jan 11, 2019

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Companies

Flipkart and Amazon seek more time to comply with revised e-commerce policy

Emirati tycoon Al Habtoor offers to buy Leela hotel chain

Etihad Airways to invest in debt-laden Jet Airways at discounted Rs 150 per share

Cheer for Vodafone Idea employees; salaries to be raised first time after 2017

Naresh Goyal to cede Jet Airways control as bailout plan explores more Etihad stake

Bad news for Jet: Qatar Airways won't invest in 'enemy-controlled' company

Yes Bank shares rise 5% on reports that Deutsche Bank India head leads CEO race

Myntra CEO Ananth Narayanan quits to pursue 'external opportunities'

Sachin Bansal gets on board Ola with Rs 150 cr investment; app now valued at Rs 4,090 cr

With 1,300 jobs on offer, India remains Amazon's jobs hot spot

Infosys raises revenue growth outlook to 9%; proposes share buyback

Nissan top executive Jose Munoz resigns amid broadened Ghosn probe

SpaceX is laying off 10% of it's workforce, Here's why

Eveready, one of India's oldest brands, up for sale; shares zoom 18%

Ford to cut thousands of jobs as part of restructuring plans, may shut down plants

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]