Companies

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

IL&FS Securities attract big buyers, leading banks; Rakesh Jhunjhunwala lines up to bid

Rakesh Jhunjhunwala's private equity firm Rare Enterprises has shown its interest in IL&FS Securities Services Ltd (ISSL).

Dec 18, 2018

Reliance, Jio, GigaFiber, registration, how to apply

India's telecom providers sceptical about Modi govt proposal for 5G spectrum auction in August 2019

Struggling under huge debt burden and a bruising price war, the telecom providers will find it difficult to take part in bidding set to start at Rs 4.94 trillion.

Dec 18, 2018

An aircraft of India's Jet Airways lands

More trouble for Jet Airways as Nikos Kardassis, tasked to turn around carrier, leaves

Nikos Kardassis had joined Jet for the third time in May 2018, after owner Naresh Goyal brought him back hoping that he would help turnaround the troubled airline. However, Kardassis had gone to his home country on leave in November, and did not return.

Dec 17, 2018

Airbnb looks to expand across country with rural India on radar

The San Francisco-headquartered company has now been operating in India since last three years and have signed memorandums of understanding with the tourism departments of Gujarat, Andhra Pradesh and Maharashtra.

Dec 16, 2018

IL&FS crisis: Debt-laden group to sell luxury cars, office furniture to raise funds

The Infrastructure Leasing & Financial Services (IL&FS) including its various group firms have invited bids to sell 36 luxury cars, including brands like Audi, BMW, Jaguar, Mercedes Benz, Land Rover, Honda, Toyota, and Skoda.

Dec 16, 2018

French aerospace contractor Thales to hire 2,000 engineers for Bangalore centre

Thales is a French headquartered multinational company that designs systems and provides services for the aerospace, defence, transportation and security markets

Dec 14, 2018

Vivo to invest Rs 4,000 crore on new plant in Uttar Pradesh, generate over 5,000 jobs

The new manufacturing line will boost Vivo's manufacturing capabilities and buttress its continued growth in the country.

Dec 14, 2018

Fortis shares crash 14% after supreme court suspends sale to Malaysia's IHH

The suspension of the sale process will further hit Fortis and its shareholders as IHH will likely step away from infusing liquidity into cash-strapped Fortis.

Dec 14, 2018

UrbanClap to buy back employees' stocks worth Rs 18 crore

Repurchase of ESOP stocks is part of the $54 million deal by the company that brings together urban experts and customers with investors Steadview and Vy.

Dec 14, 2018

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Lonavala's famous Maganlal Chikki goes off shelves after failing FDA drug test

The report filed by Food Safety Officer of the Pune region, RR Kakade, revealed that there is no assurance on the product being manufactured by the company that it is fit for consumption

Dec 13, 2018

A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Johnson & Johnson agrees to pay $413 million for faulty implants; deadlock continues in India

The development comes at a time when J&J is set to face a trial in Dallas on January 14, where five Pinnacle-hip recipients have argued that the companies launched the device into the market without any proper testing.

Dec 13, 2018

insurance in india, non-life insurance, life insurance, insurance premium collection, indian economy

True North to buy majority stake in Max Bupa Health Insurance

The development will highlight the first exit by an Indian promoter in the domestic health insurance industry.

Dec 13, 2018

Nissan to boost external board seats, set up compensation committee

Nissan Motor plans to boost the number of external board members and set up a committee to oversee compensation as part of its effort to improve governance following the arrest of former Chairman Carlos Ghosn for financial misconduct.

Dec 13, 2018

Google CEO Sundar Pichai explains why searching 'idiot' turns up Donald Trump's images

Pichai was in Washington, DC. on Tuesday to defend his company against allegations of political bias and manipulating content at House Judiciary Committee. Republicans felt that search results were manipulated for political gain.

Dec 12, 2018

Walmart's Rs 2,190 crore investment in Flipkart heats up battle with rival Amazon

Capital infusion seen as first of several tranches as Walmart takes on Amazon outside its home turf.

Dec 12, 2018

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Companies

IL&FS Securities attract big buyers, leading banks; Rakesh Jhunjhunwala lines up to bid

India's telecom providers sceptical about Modi govt proposal for 5G spectrum auction in August 2019

More trouble for Jet Airways as Nikos Kardassis, tasked to turn around carrier, leaves

Airbnb looks to expand across country with rural India on radar

IL&FS crisis: Debt-laden group to sell luxury cars, office furniture to raise funds

French aerospace contractor Thales to hire 2,000 engineers for Bangalore centre

Vivo to invest Rs 4,000 crore on new plant in Uttar Pradesh, generate over 5,000 jobs

Fortis shares crash 14% after supreme court suspends sale to Malaysia's IHH

UrbanClap to buy back employees' stocks worth Rs 18 crore

Lonavala's famous Maganlal Chikki goes off shelves after failing FDA drug test

Johnson & Johnson agrees to pay $413 million for faulty implants; deadlock continues in India

True North to buy majority stake in Max Bupa Health Insurance

Nissan to boost external board seats, set up compensation committee

Google CEO Sundar Pichai explains why searching 'idiot' turns up Donald Trump's images

Walmart's Rs 2,190 crore investment in Flipkart heats up battle with rival Amazon

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]