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Companies

Amazon India

Amazon likely to set up more warehouses in India to meet surging demand

The company has commissioned 12 dedicated centres across nine states to cater to the demand for bulky products such as air-conditioners, televisions and refrigerators among others. Sep 15, 2017
tata group bombay house ratan tata cyrus mistry removal tata sons companies market cap going by tcs tata motors steel voltas london europe speculation successor

Tata Sons plans to become private limited; Mistrys look to scuttle move

Shapoorji Pallonji family's holding companies already objected Tata Sons' attempt to convert to a private limited company from a public limited one, saying it amounts to oppression of minority shareholders. Sep 15, 2017
atf prices in india, jet fuel prices in india, air india stake sale, air india market share, air india losses, spicejet, indigo

Divestment: Air India plans road shows; looking for international buyers?

The government is aware of the possibilities of international players showing interest in the airline. They may amend rules, which at present bar international companies from bidding. Sep 15, 2017
Infosys

Infosys Foundation to spend over Rs 5 crore to solve Visakhapatnam water crisis

That money will be used to promote good sanitation practices and create efficient water management systems in all target villages. Sep 15, 2017
Indian IT professionals

After US, now UK, Australia and Canada likely to curb visas for Indian techies

A Nasscom study has brought out that there is no match between the commitments given and the visa issued. Sep 15, 2017
IndiGo

IndiGo to bring in business class seats on long-haul flights

30 percent lower fares on business class, planned offers include unbundled products like meals, priority boarding, and check-in and seat selection for economy passengers. Sep 14, 2017
Fernando Alonso, McLaren, Stoffel Vandoorne, Formula One, Canadian Grand Prix, Honda

Wipro will push McLaren's sports car business through artificial intelligence

The deal will help the car maker boost digitisation across its businesses and also help Wipro to expand its artificial intelligence business. Sep 14, 2017
Micromax

Made in India phones set to cross 50 crore by 2020, may give China a run for its money

If Indian phone makers are able to meet the growth expectations in the coming years, this might give a sturdy competition to the Chinese phone sellers. Sep 14, 2017
Jaypee Infratech

Supreme Court orders Jaypee to pay Rs 50 lakh to homebuyers

The realty firm had launched the Kalypso Court project in 2007, which planned to set up about 16 towers by 2011. But the works are still pending in most of the towers. Sep 14, 2017
reliance communications, anil ambani, rcom debt default, rcom loan default, rcom downgrade, rcom share price, adag, indian telecom sector

Ericsson India files insolvency case against Reliance Communications

Reliance Communications said that it plans to challenge the insolvency petitions. Sep 14, 2017
air india, qatar airways, atf prices in india, jet fuel prices in india, indian civil aviation, domestic air traffic

Air India wants Rs 3,250 crore loan for short-term relief to cash deficit

The tenure of the loan will be one year and the amount proposed will be drawn in two or three tranches. Sep 14, 2017
BPCL

Bharat Petroleum to spend Rs 45,000 crore in 5 years to boost petrochemical business

BPCL is already in advanced talks with the Bangladesh government to set up a product pipeline to the country. Sep 13, 2017
Brian Acton, co-founder of WhatsApp (L) and Jan Koum, co-founder and CEO of WhatsApp

WhatsApp co-founder Brian Acton to leave company

Brian Acton will leave the messaging service company to start a new foundation. Sep 13, 2017
Logo of Bharat Sanchar Nigam Ltd (BSNL) painted on a wall outside its office in Kolkata

Loss-making BSNL gets Cabinet nod to separate mobile tower business

Currently BSNL has more than 66,000 mobile towers across India, which roughly constitutes 15 percent of the total mobile towers in India. Sep 13, 2017
Airtel

Airtel to deliver 5G speed network soon, ties up with SK Telecom

The two telecom firms will work together to enhance the standards for 5G and advanced technologies. Sep 13, 2017
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