Companies

Nissan to launch its first global digital hub in Thiruvananthapuram, Kerala

Nissan plans to start many global hubs in Asia, Europe and North America with digital technology as the key theme. The first global digital hub will be located at Technopark in the capital city of Kerala.

Jun 29, 2018

Who will be next ICICI Bank chairman? Frontrunner loses out; ex-bureaucrat emerges dark horse

ICICI Bank chairman RK Sharma's terms ends tomorrow. In the running are former bureaucrats Shaktikanta Das, D K Mittal, Tapan Ray C B Bhave. Former Bank of Baroda Chairman and Managing Director MD Mallya, a frontrunner in the beginning, has apparently lost out after he was interrogated in the Rotomac loan scam.

Jun 29, 2018

Indian traders vs Walmart: Nationwide protest against US retail giant on July 2

Walmart might have cut a hot deal with Flipkart but it's burning the traders in India. The massive nationwide protest next week will see over 7 lakh farmers and traders protesting against the US-based multinational retail corporation.

Jun 28, 2018

Adani Group to take over Anil Ambani's Reliance Energy, sale approved by Maharashtra Electricity Regulatory Commission

MERC has approved the 100 percent stake sale of the struggling Reliance Infrastructure to Adani group. The transaction is estimated at around Rs. 18,800 crore.

Jun 28, 2018

Vodafone Idea Limited to emerge as numero uno in Indian telecom market

Vodafone and Idea are currently the second and third-largest telecom providers in the Indian market. The new Vodafone Idea Ltd will dominate the customer base, pushing aside current big players, Bharti Airtel and Reliance Jio.

Jun 27, 2018

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Policybazaar enters unicorn club with SoftBank-led $200 million funding

It became the second Indian startup in as many weeks after Swiggy, a food delivery tech startup to join the Unicorn club.

Jun 26, 2018

Reliance Industries to go for Jio IPO in 2-3 years: Report

In December 2017, Bloomberg reported that RIL was considering a Reliance Jio IPO by early 2019.

Jun 25, 2018

Wipro's Rishad Premji gets a salary hike of 250% for FY18

It is interesting to note that the hike comes at a time when Wipro has sacked a large number employees in last fiscal year. The IT major has also been dealing with growth issues after the bankruptcy of two clients.

Jun 25, 2018

Jaguar Land Rover to invest Rs 1.2 lakh crore, biggest in its history

Last week, UK investor fraternity was informed by JLR that it will invest a minimum of £4.5 billion, or Rs 40,519 crore, annually over the next three years.

Jun 25, 2018

Sistema exits Reliance Communications; sells its 10 percent stake

Sistema JSFC has decided to exit Reliance Communications after the struggling telco recently got entrapped in insolvency proceedings.

Jun 21, 2018

Air Asia passengers complain of suffocation in 'smoky' flight, accuse airline of ill-treatment

Some flyers on board an Air Asia Kolkata-Bagdogra flight reportedly had an argument with the crew members and the pilot of the plane. The passengers have accused the airline of ill-treatment and bad behaviour and said they were forced to deboard the aircraft after the flight was delayed by over four hours.

Jun 21, 2018

Blood on his hands: 'Fugitive' Mallya paid London staffers, but not those based in India, say Kingfisher employees

The employees of the now-defunct Kingfisher Airlines said in the letter that Mallya must be brought back and punished for his crimes, which includes "abetment of suicide." They slammed the government for prioritising the dues Mallya owed to banks, instead of worrying about paying his employees first.

Jun 20, 2018

Chanda Kochhar salary: On leave and facing probe, ex-CEO to draw full pay

The ICICI board that sent CEO Chanda Kochhar on leave pending investigation into loan irregularities has,however, allowed her to draw full salary. Industry watchers say it's a sign of lax corporate governance at the bank.

Jun 20, 2018

Chanda Kochhar exit: This is how ICICI Bank board edged out 'aggressive, defiant' CEO

ICICI bank turns a leaf with the 'indefinite' leave of Chanda Kochhar and the appointment of Sandeep Bakhshi as interim head. However, reports say Kochhar was defiant and aggressive at the board meeting and forced changes in the phrasing of the statement announcing her departure, a fallout of the dirty loan to Videocon in 2012.

Jun 20, 2018

Plans to sell Air India shelved, government looks at improving profits

Modi government shelves plan to sell struggling national airline, plans cash injection to boost operational viability. New plans involve an IPO and public trading in the long term.

Jun 20, 2018

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Companies

Nissan to launch its first global digital hub in Thiruvananthapuram, Kerala

Who will be next ICICI Bank chairman? Frontrunner loses out; ex-bureaucrat emerges dark horse

Indian traders vs Walmart: Nationwide protest against US retail giant on July 2

Adani Group to take over Anil Ambani's Reliance Energy, sale approved by Maharashtra Electricity Regulatory Commission

Vodafone Idea Limited to emerge as numero uno in Indian telecom market

Policybazaar enters unicorn club with SoftBank-led $200 million funding

Reliance Industries to go for Jio IPO in 2-3 years: Report

Wipro's Rishad Premji gets a salary hike of 250% for FY18

Jaguar Land Rover to invest Rs 1.2 lakh crore, biggest in its history

Sistema exits Reliance Communications; sells its 10 percent stake

Air Asia passengers complain of suffocation in 'smoky' flight, accuse airline of ill-treatment

Blood on his hands: 'Fugitive' Mallya paid London staffers, but not those based in India, say Kingfisher employees

Chanda Kochhar salary: On leave and facing probe, ex-CEO to draw full pay

Chanda Kochhar exit: This is how ICICI Bank board edged out 'aggressive, defiant' CEO

Plans to sell Air India shelved, government looks at improving profits

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]