Companies

Another 2 lakh directors disqualified for holding posts in defaulting companies

These directors will not be allowed to hold seats in other companies and might have to resign from their posts soon in the future.

Sep 25, 2017

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Air India disinvestment facing headwinds, failing to attract buyers

Another reason why investors are not showing much interest in buying the state-owned carrier is because of the company's large debt of more than Rs 52,000 crore.

Sep 25, 2017

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CCD raids: Income Tax Department detects undisclosed income of over Rs 650 crore

This detection of Rs 650 crore of the undisclosed income is also expected to surge in the future.

Sep 25, 2017

More trouble: Vijay Mallya moved Rs 6,000 crore to shell companies

The money was allegedly diverted to shell companies in seven countries, including the US and UK.

Sep 25, 2017

Nothing Gigabit: iPhone X, 8, 8 Plus may not run superfast net

The new iPhones cannot deliver high speed under the superfast network called Gigabit LTE while Android smartphones can

Sep 24, 2017

Deal locked: Amazon to buy 5 percent stake in Shoppers Stop for Rs 180 crore

Following the deal, the company will now hold an extraordinary general meeting (EGM) of its shareholders to seek their approval for this deal.

Sep 24, 2017

Watch Lockheed Martins lethal new laser weapon take down an airborne drone

This new laser weapon from Lockheed Martin looks terrifying, known as ATHENA (Advanced Test High Energy Asset), the weapon successfully burnt through and crashed five drones. The video shows the laser burning through the tail section of the first drone.

Sep 22, 2017

PSB consolidation: Dena Bank, Vijaya Bank enter into merger talks

The merger was initiated keeping in mind the geographical reach of both banks -- Vijaya Bank in southern India, and Dena Bank in the west.

Sep 22, 2017

Uber stripped of its licence to operate in London over safety and security concerns

London's transport regulator has stripped Uber of its licence to operate from the end of September 2017. Read to know more.

Sep 22, 2017

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IPO plans of IRCTC, IRFC may go off the rails for now

In the case of IRCTC, it is the service charge issue, and in IRFC's case, it is about deferred tax liabilities.

Sep 22, 2017

In a first, Baba Ramdev's Patanjali to tap equity-linked fund to raise Rs 1000 crore

Currently the company has 50 manufacturing units and it is planning to scale up production at its existing facilities in Maharashtra, Assam, Andhra Pradesh.

Sep 22, 2017

NDTV denies reports of SpiceJet owner Ajay Singh picking up majority stake

Promoter shareholding in NDTV as of June 2017 stood at 61.45 percent, while the remaining 38.55 percent is held by the public.

Sep 22, 2017

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Shareholders wave the green flag, Tata Sons to go private

AGM also discusses giving voting rights to preferential shareholders of Tata Group.

Sep 21, 2017

Cheque books, IFSC codes of six banks will be invalid after September 30: SBI

Users can avail the new cheque books via Internet and mobile banking, ATMs or by visiting the home branch, the lender said.

Sep 21, 2017

Yes Bank slashes 12% of its workforce citing digitisation, poor performance

A bank insider said that the lender will continue to cut jobs even in the near future to reduce redundancy, while attracting top talent for key growth functions.

Sep 21, 2017