Companies

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Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

The launch of Jet Airways in 1993 marked the opening up of the rusty Indian economy. It's a paradox that, decades later, the iconic carrier is facing trouble in an era defined by the 100 percent FDI in aviation sector.

Aug 3, 2018

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End of the road for Jet Airways? Company may have to ground operations in 60 days

The company has reportedly told its staff that it will have to close operations within 60 days if it does not implement drastic cost-cutting measures, including more pay cuts and job losses.

Aug 3, 2018

An aircraft of India's Jet Airways lands

Jet Airways pay cut: Pilots livid over 15% dip in salary, airline plans stake sale

The pilots of Jet Airways are said to be livid about the 15 percent pay cut and have blamed the management for the losses the airline has incurred. They said that the management must not unilaterally impose a salary cut and added that it was their inefficiency that caused the trouble.

Aug 3, 2018

Apple CEO Tim Cook calls $1 trillion market capitalisation a 'significant milestone'

With a closing price of $207.39 on Thursday, Apple became the first publicly listed U.S. company to ever reach $1 trillion in market capitalisation.

Aug 3, 2018

Apple becomes world's first trillion dollar company? Well, it's not true!

The news articles across the globe which claimed that the company has crossed the $1 trillion mark in market cap turned out to be wrong because of a technical fault with the app built into the iPhone

Aug 3, 2018

Nissan, Tamil Nadu close to settling incentives feud in a major win for PM Modi

The automaker is expected to settle for Rs. 20 billion as opposed to the Rs. 49 billion it was seeking in unpaid incentive dues from the Tamil Nadu government.

Aug 2, 2018

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Freshworks becomes latest entrant in Indian unicorn club

The company has plans to go for a public listing and before that, it is expecting another round of private funding from Alphabet's CapitalG which also participated in the current round of funding.

Aug 1, 2018

Flipkart's loyalty programme to launch on Independence Day; here's all you need to know

Flipkart Plus will launch on August 15, and unlike Amazon Prime, it will not be a subscription-based service. It will be tied to a shopper's frequency on the platform. The company is also adding third parties to the service.

Aug 1, 2018

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Paytm Payments Bank suspends customer registration after RBI order

The RBI has found several issues with Paytm Payments Bank and asked the company to stop onboarding new customers. It also wants the company to change its Chief Executive and office location.

Aug 1, 2018

Jet Airways pay cut: 'Joy of flying' turns sour as staffers' salary to take a 25% dip

Jet Airways hasn't specified a timeline for these pay cuts and were informed that even the senior management had seen a dip in their salaries. Jet also refused to divulge if the company would refund the deductions later on.

Aug 1, 2018

Tata Motors logos are seen at their flagship showroom

Tata Motors posts first loss in three years amid weak JLR sales

Profitability was hit due to lower operating leverage, higher discounts in the US, UK and China, foreign currency fluctuations, and higher depreciation and amortisation costs

Aug 1, 2018

Swiggy's new loyalty programme to offer free deliveries

The food ordering app has launched a new subscription service, available in one-month and three-month durations, that will offer several benefits such as free delivery and discounts on orders.

Jul 31, 2018

Ray of hope for home buyers as NBCC may take up stalled projects of Jaypee, Amrapali

However, the ownership of the company would remain with the current promoters, or with the Insolvency Resolution Professional (IRP) whichever the case may be.

Jul 30, 2018

Vijay Mallya faces final extradition hearing after losing Force India F1 team: Here's all he has lost so far

Vijay Mallya has lost control over Force India F1 team. What other assets has he lost so far? India loves to treat each story with a view to finding a moral in it. And Mallya's story has many spectacular morals. The plainest of them all is that if you do wrong you will suffer. The middle India loves to latch on to that belief.

Jul 30, 2018

Banks, lessors serve default notices to debt-ridden Air India

The country's national carrier has failed to generate enough profits to cover the interest it has to pay on its whopping Rs. 466.69 billion debt.

Jul 30, 2018

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Companies

Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

End of the road for Jet Airways? Company may have to ground operations in 60 days

Jet Airways pay cut: Pilots livid over 15% dip in salary, airline plans stake sale

Apple CEO Tim Cook calls $1 trillion market capitalisation a 'significant milestone'

Apple becomes world's first trillion dollar company? Well, it's not true!

Nissan, Tamil Nadu close to settling incentives feud in a major win for PM Modi

Freshworks becomes latest entrant in Indian unicorn club

Flipkart's loyalty programme to launch on Independence Day; here's all you need to know

Paytm Payments Bank suspends customer registration after RBI order

Jet Airways pay cut: 'Joy of flying' turns sour as staffers' salary to take a 25% dip

Tata Motors posts first loss in three years amid weak JLR sales

Swiggy's new loyalty programme to offer free deliveries

Ray of hope for home buyers as NBCC may take up stalled projects of Jaypee, Amrapali

Vijay Mallya faces final extradition hearing after losing Force India F1 team: Here's all he has lost so far

Banks, lessors serve default notices to debt-ridden Air India

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]