Companies

Fancy a bottle of Teslaquila? Elon Musk files patent for Tesla-themed liquor

Teslaquila was first an April fool's joke by Tesla CEO Elon Musk who said in a tweet that he was found passed put by a Tesla model 3, surrounded by Teslaquila.

Oct 14, 2018

Want to browse internet during flight hours? SpiceJet to offer free Wi-Fi onboard

It is to be noted that regulators in India have put an embargo on the use of internet in flight, even the international airlines are not allowed to give the access of internet to its passengers.

Oct 13, 2018

Zomato secures $210 million from Alibaba's payment affiliate Ant Financial

The company plans to take its rival Swiggy head on to have a larger chunk of the pie in the Indian food delivery marketplace

Oct 13, 2018

IL&FS board orders austerity measures amid debt crisis

IL&FS said that the board is also of the opinion that the entire group should carry out a fresh audit of all its accounts.

Oct 13, 2018

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Hindustan Unilever Ltd's Q2 net profit rises by 19.51%

The company had posted a net profit of Rs 1,276 crore during the same period last fiscal. Sales during the quarter under review stood at Rs 9,138 crore as against Rs 8,199 crore in the year-ago period, up 11.45 per cent.

Oct 13, 2018

State Bank of Mauritius branch in Mumbai loses Rs 143 crore in cyber fraud

The State Bank of Mauritius said that some unknown persons have hacked into its servers to illegally access various accounts and managed to transfer money to multiple accounts outside the country.

Oct 12, 2018

IKEA to invest Rs 2,000 crore in upcoming Bengaluru showroom

Like other outlets, the Bengaluru store will have a food court attached to the furniture store. It will also feature a supervised daycare centre for children.

Oct 12, 2018

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Jet Airways may ground 23 Boeing 737s to cut costs, defaults on salary payment again

The issues were discussed during a meeting with the National Aviators Guild (NAG), the pilot union of Jet, during which Jet Airways also delayed payments to its pilots and engineering staff, the deadline for which was October 9.

Oct 12, 2018

Google India revenue grows 29% to Rs 9,337.7 crore; profit up by 33% in FY18

The net profit was higher by about 33 per cent at Rs 4.072 billion last fiscal as compared to Rs 3.066 billion in the previous year.

Oct 12, 2018

Air India plane hits Trichy airport wall; Civil Aviation Minister Prabhu orders investigation

A portion of the westside wall, the antenna and the instrument landing system (ILS) were damaged in the incident.

Oct 12, 2018

Flipkart co-founder Sachin Bansal to invest Rs 740 crore in Ola

The proposed amount of investment is significant with the fact that it is more than 10 of his personal returns gained from the Flipkart-Walmart deal this year.

Oct 11, 2018

IT raids at media mogul Raghav Bahl's home in Noida, 'The Quint' office

It is understood that the searches are being conducted at the premises of a few other people as part of the ITD action to probe tax evasion by a set of business professionals.

Oct 11, 2018

James Murdoch rumoured to replace Elon Musk as Tesla chairman

Murdoch currently serves on the boards of Twenty-First Century Fox and News Corp.

Oct 11, 2018

Google drops out of bidding for $10 billion Pentagon cloud computing contract

The principles bar use of Google's artificial intelligence (AI) software in weapons as well as services that violate international norms for surveillance and human rights.

Oct 10, 2018

Oyo to enter Japanese market ahead of 2020 Tokyo Olympics

Oyo has planned an aggressive global expansion plan as the company entered the Japanese market only within a year after launching its operations in China.

Oct 10, 2018