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Piramal Finance lends Rs 1,100 crore to Embassy Group

The funding has been done across residential and commercial projects in Bangalore, Chennai and Hyderabad. Jun 7, 2017
ICICI Bank

ICICI Bank yet to respond to Rs 48 crore loss caused by NDTV's Prannoy and Radhika Roy

ICICI Bank's agreeing to foreclose a loan taken by Prannoy Roy, his wife Radhika Roy and their company, RRPR Holdings Pvt Ltd. Led to a Rs 48 crore loss, says CBI. Jun 6, 2017
ndtv, prannoy roy, cbi raids on ndtv, icici bank ndtv case, money laundering, media vendetta, modi govt, bjp and ndtv

Interesting facts about Prannoy Roy's news channel NDTV, its journalists and alleged irregularities

News channel NDTV's promoter Prannoy Roy's residence was raided by CBI for 'irregularities' in ICICI Bank matter; here is a look at the channel, its directors, share price, appointment of journalists. Jun 6, 2017
adani enterprises, adani coal project in australia

Gautam Adani backs go-ahead for $4 billion Australia coal mine

The company's decision "is a vote of confidence not just in the Queensland economy, but in Queensland people", Queensland Premier Annastacia Palaszczuk said. Jun 6, 2017
wipro, wipro unveils new logo, wipro ceo abidali neemuchwala, wipro chairman azim premji

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

The salary hike for offshore Wipro employees was 9.5 percent last year as against 5 percent this year effective from June 1. Jun 5, 2017
Azim Premji

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Wipro chairman Azim Premji's took home Rs 79 lakh in FY17 as compared to Rs 2.17 crore in FY16, and this time the drop could be due to the chairman not being paid commission. Jun 5, 2017
spicejet q3 results, spicejet q3 earnings, spicejet share price, spicejet boeing deal, jet airways, domestic air traffic, indigo, indian civil aviation

SpiceJet Q4 net profit falls 43% due to higher fuel costs, demonetisation

For the March 2017 quarter (Q4), low-cost carrier SpiceJet's net profit dropped to Rs 42 crore, YoY while revenues rose 10 percent. Jun 3, 2017
infosys q3 fy2017 results vishal sikka share price

Infosys, TCS to hire 40,000 employees; Infy COO Pravin Rao says job losses 'overstated'

Infosys COO Pravin Rao says his company would hire 20,000 people while TCS has "already made" 20,693 job offers for 2017-18, amid talks of layoffs. Jun 3, 2017
Fiat Chrysler

Fiat Chrysler to hire 1500 more employees in India by 2017-end

The 1500 employees will be hired at Fiat Chrysler's plant in Ranjangaon, Pune, where the company is manufacturing the Jeep SUV – the Compass -- for India as well as the international market. Jun 3, 2017
rbi head office reserve bank of india notes currency denomination 2000 1000 500 100 mysuru

Reserve Bank of India initiates steps to replace outgoing deputy governor SS Mundra

SS Mundra, currently one of the four deputy governors of RBI, is due to retire in July. Jun 2, 2017
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IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

A survey covering 11,000 IT employees by a business newspaper throws up many interesting insights into the context of job cuts. Jun 2, 2017
q3fy2017 preview, q3 it results, infosys q3, tech mahindra q3, wipro q3, tcs q3, bse sensex

IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Four Tech Mahindra employees and one from Wipro approached trade union FITE, which in turn had submitted their grievances to Karnataka government. Jun 2, 2017
air india, air india flights to tel aviv, india israel relations, air india flights to israel, indian tourists to israel, indian civil aviation news

Privatising Air India: Tatas eyeing state-run carrier?

A meeting that was reportedly held in New Delhi on Thursday between Tata Sons chairman N Chandrasekaran and union Finance Minister Arun Jaitley sets tongues wagging. Jun 2, 2017
Elon Musk

Tesla CEO Elon Musk, Disney head Robert Iger quit Trump's advisory councils after decision on Paris Climate deal

Donald Trump, on Wednesday, decided to pull the US out of landmark global agreement designed to fight climate change. Jun 2, 2017
spicejet, AGM, share price, ajay singh, plf, market share, dgca

SpiceJet commences three new daily flights from Surat to Hyderabad, Goa and Jaipur

To cater to the peak summer rush, from March to October, SpiceJet has added 19 new domestic and 3 new international flights. Jun 1, 2017
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