Companies

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 (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

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

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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

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Turbulent times continue for Jet Airways as 16,000 staffers hit by salary delay

The Mumbai-based full-service airline, partially owned by UAE national carrier Etihad Airways, has been facing financial problems for quite some now.

Oct 3, 2018

US woman sues Facebook, claims website enabled sex trafficking

According to the lawsuit, the woman was "friended" on Facebook in 2012 by a user who appeared to know several of her real-life friends.

Oct 3, 2018

Ericsson files plea against Anil Ambani over Rs 550 crore pending dues

Ericsson India Private Limited has reportedly filed a Contempt Petition on October 1, 2018, in the Supreme Court.

Oct 3, 2018

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Companies

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

Turbulent times continue for Jet Airways as 16,000 staffers hit by salary delay

US woman sues Facebook, claims website enabled sex trafficking

Ericsson files plea against Anil Ambani over Rs 550 crore pending dues

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]