Companies

Thoothukudi firing: Police ignored rules, gave no warning before shooting protesters, say eyewitnesses

The deadly protests saw 13 people being killed in police firing. India's government funded National Human Rights Commission has said it will send a team of investigators to Thoothukudi to carry out its own probe.

May 30, 2018

Maruti Suzuki brand value surges, breaks into list of global top 10 auto brands

Maruti Suzuki is the largest carmaker in India with nearly 50 percent market share. The Indo-Japanese company has been ranked ninth according to the global brand value auto list by BrandZ.

May 30, 2018

AirAsia India denies 'wrong-doing' as CBI probes Group CEO

AirAsia (India) is a joint venture between Tata Sons and AirAsia Berhad, with AirAsia Investment. It started operations in 2014 and currently flies to 20 destinations across India.

May 30, 2018

Vedanta prepares legal challenge to India copper plant closure - report

Sterlite Copper has been shut since late March for maintenance and pending a renewal of its licence. A recent protest at the plant led to 13 people being killed in police firing.

May 30, 2018

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Mahindra & Mahindra fourth-quarter profit jumps 70 percent

Standalone profit after tax, which does not include share of profit from its unit Mahindra Vehicle Manufacturers Ltd, stood at 10.59 billion rupees ($155.90 million) for the quarter ended March 31, compared with 6.22 billion rupees a year earlier.

May 29, 2018

ED attaches Rotomac properties worth Rs 177 cr

The Enforcement Directorate and the CBI had filed a case in February after the Bank of Baroda filed a complaint against Kothari, his wife Sadhana, his son Rahul and some unidentified bank officials and private persons.

May 29, 2018

Turbulence hits Air India as staffer accuses senior management of sexual harassment

The employee of Air India, the national carrier, has accused its senior management of sexual harassment and also said its internal committee set up to look into such issues is a "farce." Civil aviation minister Suresh Prabhu has now asked the company to immediately address the issue.

May 29, 2018

Tamil Nadu closes Vedanta copper smelter permanently after bloody protest

Vedanta has called the closure an "unfortunate development". At least 13 people were killed and several injured during the anti-Sterlite protests on May 22.

May 29, 2018

Google, Facebook face over $9 bn in fines

Privacy-advocacy group Noyb.eu said that tech giants such as Facebook and Google are essentially forcing people to adopt a "take it or leave it" approach when it comes to privacy.

May 26, 2018

Vedanta sticks with plan to expand Tamil Nadu smelter despite deadly protests

Anti-Sterlite protests in the coastal city of Thoothukudi in Tamil Nadu saw as many as 13 people killed and dozens injured this week.

May 26, 2018

SoftBank says selling its entire Flipkart stake to Walmart

SoftBank Group Corp has said that it is selling about 20 percent stake in Indian e-commerce firm Flipkart to Walmart Inc.

May 23, 2018

Government not to sell Air India, if bids are below minimum floor price: Official

Civil Aviation Secretary Rajiv Nayan Choubey said that the government had hired asset and enterprise valuers, who have estimated a minimum floor price or net worth of Air India under the current divestment norms.

May 22, 2018

Three directors quit Fortis Healthcare board amid takeover battle

Fortis Healthcare, which operates about 45 healthcare facilities in India, Dubai, Mauritius and Sri Lanka, has been the target of lengthy takeover tussle involving five suitors.

May 21, 2018

Reliance Communications' settlement with Ericsson over dues unlikely for now: Report

Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecoms network. The company is now seeking 1.55 billion rupees ($170 million) from RCom and two of its subsidiaries.

May 18, 2018

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Tata Steel completes $5.2 billion purchase of bankrupt Bhushan Steel

The Tata Steel unit will raise a bridge loan of 165 billion rupees to help fund the acquisition, while Tata Steel is investing the remainder in the unit, Bamnipal Steel.

May 18, 2018

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Companies

Thoothukudi firing: Police ignored rules, gave no warning before shooting protesters, say eyewitnesses

Maruti Suzuki brand value surges, breaks into list of global top 10 auto brands

AirAsia India denies 'wrong-doing' as CBI probes Group CEO

Vedanta prepares legal challenge to India copper plant closure - report

Mahindra & Mahindra fourth-quarter profit jumps 70 percent

ED attaches Rotomac properties worth Rs 177 cr

Turbulence hits Air India as staffer accuses senior management of sexual harassment

Tamil Nadu closes Vedanta copper smelter permanently after bloody protest

Google, Facebook face over $9 bn in fines

Vedanta sticks with plan to expand Tamil Nadu smelter despite deadly protests

SoftBank says selling its entire Flipkart stake to Walmart

Government not to sell Air India, if bids are below minimum floor price: Official

Three directors quit Fortis Healthcare board amid takeover battle

Reliance Communications' settlement with Ericsson over dues unlikely for now: Report

Tata Steel completes $5.2 billion purchase of bankrupt Bhushan Steel

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]