Companies

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

IL&FS mayhem swept off 12.5% of mutual funds wealth; AUM dropped to Rs 22.04 trillion

The numbers show that the mutual fund (MF) industry has lost 12.5 percent or Rs 3.16 trillion worth of investment in the single month.

Oct 9, 2018

Microsoft thwarted attacked against congressional candidates

Microsoft to invest in Singapore-based ride-sharing service Grab

The companies plan to work together on technology projects, in areas including big data and AI, in an attempt to transform the delivery and mobility solutions in Southeast Asia.

Oct 9, 2018

E-commerce giants create lakhs of jobs in India for sale season

The companies have given an impetus to their hiring spree with around 80,000 people being hired by both Flipkart and Amazon in the last few months.

Oct 8, 2018

Yes Bank promoters Rana Kapoor and Madhu Kapur willing to opt for out-of-court settlement

A logical conclusion is likely to remove all the uncertainties surrounding the bank's succession plan which has been affecting the performance of its stock at Dalal Street.

Oct 8, 2018

Microsoft's machine learning framework goes open source

Microsoft's cross-platform framework Infer.NET can now be accessible worldwide. Infer.NET was initially envisioned as a research tool and later in 2008 was released for academic use.

Oct 7, 2018

IL&FS cash crunch: National Highways Authority of India may provide interim relief

It is to be noted that IL&FS and its group companies have proceeded loans for key infra projects to NHAI which are stalled due to cash shortage at the group.

Oct 7, 2018

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

The plan includes a $35 million cash pre-purchase payment to Jet Airway's frequent flyer programme JPPL ( Jet Privilege Private Ltd), which is majority-owned by Etihad Airways.

Oct 7, 2018

Jet Airways assures livid pilots August salary by October 9 after missing out on September 26 deadline

After missing out on the September 26 deadline, Jet Airways has now assured its pilots that their August salaries would be credited by October 9. The date was finalised after a meeting between the management of Jet Airways and the National Aviator's Guild, which is its domestic pilots' union.

Oct 6, 2018

spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

SpiceJet flight makes emergency landing in Varanasi after Thai national dies on board

Soon after the plane landed the passenger was rushed to a nearby medical facility where he was pronounced dead.

Oct 5, 2018

IL&FS case: Fraud probe agency to look into the diversion of loan amount

The Serious Fraud Investigation Office will probe whether the creditors had evaluated its borrowing requirements properly.

Oct 5, 2018

World Bank bars several Indian companies, individuals over charges of corruption

The bank said that the report is the result of efforts by the Integrity Vice Presidency (INT), the Office of Suspension and Debarment (OSD) and the Sanctions Board.

Oct 4, 2018

Amid liquidity crisis, IL&FS chairman received 144% salary hike in FY18

For the fiscal year 2017-18, the average percentage increase in the managerial compensation was 66 percent.

Oct 4, 2018

Chanda Kochhar steps down as ICICI Bank CEO; Sandeep Bakshi named as replacement

The ICICI Bank announced the decision on Thursday and said that Sandeep Bakshi will replace Chanda Kochhar.

Oct 4, 2018

Infosys, TCS, Tata Motors and HDFC in list of world's best regarded companies

Trustworthiness, social conduct, performance of the company's product or service and the company as an employer were some of the parameters on which the list was compiled.

Oct 3, 2018

IL&FS fiasco: Sacked directors defend their role in company

Highlighting some of the crucial attempts by the independent directors informed that an offer was made by Ajay Piramal to buy ILF&S at a price Rs. 600-650 per share. But the proposal was turned down by the Life insurance cooperation of India (LIC)

Oct 3, 2018

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Companies

IL&FS mayhem swept off 12.5% of mutual funds wealth; AUM dropped to Rs 22.04 trillion

Microsoft to invest in Singapore-based ride-sharing service Grab

E-commerce giants create lakhs of jobs in India for sale season

Yes Bank promoters Rana Kapoor and Madhu Kapur willing to opt for out-of-court settlement

Microsoft's machine learning framework goes open source

IL&FS cash crunch: National Highways Authority of India may provide interim relief

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

Jet Airways assures livid pilots August salary by October 9 after missing out on September 26 deadline

SpiceJet flight makes emergency landing in Varanasi after Thai national dies on board

IL&FS case: Fraud probe agency to look into the diversion of loan amount

World Bank bars several Indian companies, individuals over charges of corruption

Amid liquidity crisis, IL&FS chairman received 144% salary hike in FY18

Chanda Kochhar steps down as ICICI Bank CEO; Sandeep Bakshi named as replacement

Infosys, TCS, Tata Motors and HDFC in list of world's best regarded companies

IL&FS fiasco: Sacked directors defend their role in company

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]