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Michael Bloomberg registers as Democrat; running for the White House in 2020?

Former New York City Mayor Michael Bloomberg rejoined the Democratic Party on Wednesday, going back to his political roots weeks before the Nov. 6 congressional elections and amid speculation that he might run for the White House in 2020. Oct 10, 2018
varun beverages pepsi pepsico bottler jaipuria ravi kant public issue ipo subscription retail portion listing price band nse bse listing stock exchanges price band india rupees Rs

Delhi consumer commission asks PepsiCo to pay fine of Rs 50 lakh to IPL competition winner

Karishma had won an online game "Pepsi Youngistan Ka Wow" organised by the company during the 2010 Indian Premier League. Oct 10, 2018
cognizant-technology-solutions-corp

Cognizant lays off 200 senior employees to invest in the next generation of techies

Tech Mahindra had recently lowered the retirement age for employees. Tata Consultancy Services has also doubled the salary for freshers to attract the younger generation. Oct 10, 2018
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
flipkart

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

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

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 (Infrastructure Leasing and Financial Services Ltd.)

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
Jet Airways

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

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

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

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

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
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