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Investment dept told to prepare proposal for Air India sale

Dipam (Department of Investment and Public Asset Management) told to coordinate with Civil Aviation ministry.

Jul 22, 2017

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Malaysian company IHH Healthcare Berhad may still buy stake in Fortis: Report

A proposed fund-raising plan by IHH Healthcare subsidiary keeps hopes of buying a stake in Fortis Healthcare "alive", says BloombergQuint.

Jul 22, 2017

Adityanath to meet TCS COO; will it bring good news to Lucknow employees?

UP Chief Minister Yogi Adityanath will reportedly meet TCS' COO NG Subramaniam after August 10 and will speak to him regarding the firm's decision to shut down Lucknow operations.

Jul 22, 2017

Reliance invests in Balaji Telefilms, Israeli startup incubator JII

JII will invest in early-stage startups in the field of big data, analytics, artificial intelligence, fintech, storage, Internet of Things, and computer vision.

Jul 21, 2017

Net adrenaline: Reliance Industries net profit jumped 10,000-fold in 40 years

Jio phone for Rs 0, Mukesh Ambani announces 1 bonus share for every 1 share held

Jul 21, 2017

Running the world: 15 firms with women CEOs make it to Fortune Global 500 2017 list

The Fortune Global 500 list for the year 2017 was released on July 20 and 15 firms with women CEOs have made it to the list proving that women can do as well as men, if not better.

Jul 21, 2017

Walmart tops Fortune Global 500 list: Which are world's 100 largest companies?

Walmart has been ranked No. 1 on the Fortune Global 500 list for 2017, which is dominated by the US, followed by China and Japan.

Jul 21, 2017

Take 30% pay cut or leave: Jet Airways' junior pilots do not have much choice

In a bid to trim cost, Jet Airways is said to have made a few changes to the pilots' contracts and it will now be mandatory for them to take 10 days of leave in a month apart from their weekly offs.

Jul 21, 2017

Flare deal: ONGC's new test of resilience

The deal pushes great downstream growth for ONGC, but will need vision and a free hand to accomplish its ends.

Jul 20, 2017

Wipro Q1 net profit dips 8 per cent quarterly to Rs 2,082 crore, flat yearly

IT services business profits decline 5.8 per cent year-on-year to Rs 2,190 crore, company announces share buyback.

Jul 20, 2017

Reliance Jio to raise Rs 20,000 crore through rights issue

Company will sell optionally convertible preference shares through rights issue to existing shareholders to raise the funds.

Jul 20, 2017

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Fate of ABG Shipyard, Amtek Auto likely to be decided by Tribunal today: Report

ABG Shipyard owes about Rs 17,000 crore while Amtek Auto's debt is an estimated Rs 14,000 crore.

Jul 20, 2017

Big Bazaar headhunts 10th and 12th passouts for its stores

The pay packages can range between Rs 21,570 to Rs 48,550 per month.

Jul 20, 2017

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ONGC chairman says HPCL will continue to remain listed after acquisition

On Wednesday, the Centre gave in-principle approval for the buyout of HPCL by ONGC, triggering scope for similar M&As in the oil and gas sector.

Jul 20, 2017

Thought only Infosys had crorepati executives? You haven't seen TCS' list yet

TCS paid salaries amounting up to Rs 1 crore to its employees in India in FY2017, and the amount is much higher than what its competitors Infosys and Wipro shelled out to its employees.

Jul 20, 2017