Companies

Vodafone-Idea merger cleared: How will the new entity compete against Airtel, Jio in India's 4G war?

The new company will become the country's largest telecom operator with revenues of more than Rs 80,000 crore and more than 40 crore customers, subscriber market share of 35 per cent and revenue market share of 41 per cent.

Aug 31, 2018

Temporary relief for Jet Airways: Airline gets $300 million as lease incentives and debt from banks

Recently, Jet Airways had announced a net loss of whopping Rs. 1,323 crore for the quarter ended in June due to higher crude oil price, depreciating rupee and competitive fares.

Aug 29, 2018

Uber e-bikes: Shorter rides, more earnings

Dara Khosrowshahi, Uber CEO said that it is difficult plus time taking for cars to go inside the narrow streets of a city and that is where the demand for electric bikes occur.

Aug 29, 2018

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Toyota to team up with Uber to develop driverless car; invests $500m in taxi aggregator

Interestingly, the deal has valued Uber at $72 billion despite its mounting debts. The current valuation is up by 15 per cent since last investment in the month of May.

Aug 28, 2018

Cash-strapped Jet Airways reports net loss of Rs 1,323 crore

Jet Airways had blamed its quarterly losses on the increase in the price of the aviation fuel and the low airfare.

Aug 28, 2018

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Chinese e-commerce giant Alibaba 'ready' for trade war with United States?

Alibaba said that the e-commerce giant would not face any difficulty in finding other markets for its products if the US becomes a tougher place for business.

Aug 27, 2018

Reliance Jio surges ahead of Vodafone, becomes India's second-largest telco by revenue

Financial data released by the Telecom Regulatory Authority of India (TRAI) showed that Mukesh Ambani-controlled Jio's RMS widened 253 basis points (bps) on-quarter to 22.4 percent at the end of June.

Aug 27, 2018

Who is Prasidha Menon? OYO Hotels appoints its new Head of Communications

Menon with over an experience of 13 years, will be working on driving the reputation of OYO by managing communication and building the brand name.

Aug 27, 2018

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Warren Buffett to invest in Paytm - his first investment in an Indian company

If the deal goes through, it will be Buffet's first direct investment in India and also his first investment in a privately-held tech company anywhere in the world.

Aug 27, 2018

Elon Musk cancels plans to take Tesla private; plan cancelled after board meeting

This decision comes after Musk had tweeted that he wanted to take the company private.

Aug 25, 2018

Infosys hires 4,700 American employees after opening innovation hub in North Carolina

The hub will train, upskill and reskill Infosys and client employees, in the technologies required to help American businesses accelerate their digital transformations.

Aug 23, 2018

indian oil corporation ioc oil fuel atf jet fuel increase aviation prices cost air india jet spicejet indigo go air vistara airasia india hike slash cut

Indian Oil Corporation to invest Rs 37,000 cr in Tamil Nadu

Indian Oil Corporation will invest Rs 7,112 crore and the IOC group along with Chennai Petroleum Corporation will be investing Rs 37,112 crore in Tamil Nadu

Aug 22, 2018

India's small to mid-sized renewable energy firms fighting consolidation wave

Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bond markets, low tariffs and high debt besetting the sector.

Aug 22, 2018

Lehman Brothers invite ire for party to mark 10th anniversary of global market meltdown

Lehman Brothers, a former financial services firm, has sent an email invitation to the party and addressed it to "Lehman Brothers & Sisters." The reception, complete with cocktails and canapes, is reportedly set to be held in London on September 15. The firm has also planned a reunion in New York and Hong Kong.

Aug 21, 2018

Asset-backed cryptocurrency investment: The inside story

"You have to think of the Blockchain as a new utility. As in, it is a new utility network for moving value and for moving assets" - William Mougayar, author.

Aug 20, 2018

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Companies

Vodafone-Idea merger cleared: How will the new entity compete against Airtel, Jio in India's 4G war?

Temporary relief for Jet Airways: Airline gets $300 million as lease incentives and debt from banks

Uber e-bikes: Shorter rides, more earnings

Toyota to team up with Uber to develop driverless car; invests $500m in taxi aggregator

Cash-strapped Jet Airways reports net loss of Rs 1,323 crore

Chinese e-commerce giant Alibaba 'ready' for trade war with United States?

Reliance Jio surges ahead of Vodafone, becomes India's second-largest telco by revenue

Who is Prasidha Menon? OYO Hotels appoints its new Head of Communications

Warren Buffett to invest in Paytm - his first investment in an Indian company

Elon Musk cancels plans to take Tesla private; plan cancelled after board meeting

Infosys hires 4,700 American employees after opening innovation hub in North Carolina

Indian Oil Corporation to invest Rs 37,000 cr in Tamil Nadu

India's small to mid-sized renewable energy firms fighting consolidation wave

Lehman Brothers invite ire for party to mark 10th anniversary of global market meltdown

Asset-backed cryptocurrency investment: The inside story

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]