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Baring eyes controlling stake in Mindtree by cornering Siddhartha stake

Bengaluru software services company's promoters weigh investment options from equity ventures and strategic partners.

Dec 23, 2018

In another bail out, Modi government seeks fresh capital for cash-strapped Air India

The UPA government in 2012 had announced a 10-year bailout package of up to Rs. 30,000 crore for the cash-strapped airline

Dec 22, 2018

Sterlite Copper seeks fresh renewal of license from Tamil Nadu govt

The National Green Tribunal has given three weeks for the Tamil Nadu government to give the approvals.

Dec 21, 2018

ongc share price results bonus hpcl bpcl ioc energy oil marketing psus production exploration dividend interim performance financial q2 sensex bse nse nifty

Decks cleared for Rs 4,022 crore ONGC share buyback

The government hopes to rake in Rs 2,640 crore by tendering part of its 65.64 per cent stake in the company.

Dec 21, 2018

India unlikely to hit Huawei with 5G import ban despite US spyware worries

With only a handful of capital responding to Washington worries, New Delhi goes with Europe for stringent testing standards.

Dec 21, 2018

Indian regulator orders Johnson & Johnson to stop using talc raw material

Moreover, over 100 samples were also collected from wholesalers, retailers, and distributors across the country which will be further tested to check the presence of any harmful substance.

Dec 20, 2018

Swiggy raises $1 billion in largest ever funding round in food tech

The latest round of funding has resulted in Swiggy becoming the fifth most valuable startup in the country with a valuation of $ 3.3 billion.

Dec 20, 2018

Wipro starts online test as alternative hiring process for freshers

The test will cover logical reasoning, written skills, and online programming talent. The examinees will also have to choose a programming question between Java, C, C++ and Python.

Dec 20, 2018

IKEA to set foot in Noida creating about 8,000 jobs, signs Rs 5,000 crore MoU

Swedish furniture and home decor brand IKEA plans to set up an integrated commercial project in Noida and is likely to create about 8,000 direct and indirect jobs through the facility.

Dec 20, 2018

Tata Consultancy Services ranked 'Top Employer' in Asia Pacific region

Top Employer Institute certifies the Indian IT major as number one in several countries across the region including Australia, India, Hong Kong, Malaysia and Singapore

Dec 19, 2018

Mukesh Ambani's firm ditches sibling's RCom in spectrum sale deal

DoT withholds approval to deal after Reliance Jio letter disowns liability for past spectrum dues of RCom.

Dec 19, 2018

Lava launches affordable A79 smartphone in India: Price, specifications

Salaries and distributor payments put on hold as liquidity crunch looms at LAVA Mobiles

The reason attributed to the slump of the company includes the heavy discounting offered by the Chinese companies in the Indian market and demonetisation.

Dec 19, 2018

A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Trouble mounts for Johnson & Johnson as India reacts to reports of asbestos in baby powder

The reports sent the company's share price tumbling and within hours its market valuation was down by $40 billion.

Dec 18, 2018

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

IL&FS Securities attract big buyers, leading banks; Rakesh Jhunjhunwala lines up to bid

Rakesh Jhunjhunwala's private equity firm Rare Enterprises has shown its interest in IL&FS Securities Services Ltd (ISSL).

Dec 18, 2018

Reliance, Jio, GigaFiber, registration, how to apply

India's telecom providers sceptical about Modi govt proposal for 5G spectrum auction in August 2019

Struggling under huge debt burden and a bruising price war, the telecom providers will find it difficult to take part in bidding set to start at Rs 4.94 trillion.

Dec 18, 2018

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