Companies

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Reliance Industries flares up on BSE; US, China, auto sales to influence markets this week

Shares of Reliance Industries Ltd. (RIL), whose telecom arm Reliance Jio is buzzing, gain almost 6 percent in early trade on BSE.

Feb 27, 2017

Man arrested for molesting 2 air hostesses on Jet Airways

The man, who was onboard the Mumbai-Nagpur Jet Airways flight no. 9S24460 on Saturday, is said to have molested two air hostesses.

Feb 27, 2017

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Axis Bank CEO Shikha Sharma uses interesting analogy to deny merger rumours

In an interview to a newspaper, Shikha Sharma, CEO of Axis Bank takes of unwilling bride (the bank) not interested in marriage (meaning merger).

Feb 25, 2017

An employee of Infosys stands at the front desk of its headquarters in Bengaluru

Infosys transfers Rs 65 lakh in unclaimed dividend to investor protection fund in 3 years

The Companies Act mandates that companies should transfer dividend lying unclaimed for seven years, to the Investor Education and Protection Fund.

Feb 24, 2017

infosys, infosys share buyback, infosys bonus history, infosys share price, infosys capital structure, infosys cash reserves

Infosys: Likely share buyback; a look at its bonus history, capital structure

Ten shares acquired in 1993 at IPO price of Rs 95 per share would now be worth Rs 51,66,080

Feb 24, 2017

Has StayZilla shut down for good? Hotel aggregator says it will 'reboot its operations,' explains how it will move forward

StayZilla, one of India's largest start-ups to concentrate on hotel and homestay aggregation, has suspended operations, amid fears that it has shut down for good.

Feb 24, 2017

snapdeal, snapdeal layoff, snapdeal retrenchment, snapdeal cofounders, crisis at snapdeal, snapdeal news, kunal bahl, rohit bansal

Amazon and Flipkart's rival Snapdeal to lay off 2,500 employees, trim salary bill by half: Report

E-commerce firm Snapdeal, which competes with Amazon and Flipkart, plans to trim monthly salary bill to Rs 20 crore through lay-offs.

Feb 23, 2017

Carlos Ghosn, the man behind reboot of Nissan steps down as CEO

Hiroto Saikawa will assume his new role as CEO from April 1, 2017 while Ghosn will continue as chairman.

Feb 23, 2017

vijay mallya, vijay mallya absconding, vijay mallya extradition, vijay mallya bank loans, loans defaulters in india, kfa loans, kingfisher airlines, ub group

Indian 'fugitive' industrialist and F1 team boss Vijay Mallya sees no grounds for extradition

India wants Vijay Mallya to face trial for alleged conspiracy and fraud over a loan to his defunct Kingfisher Airlines.

Feb 23, 2017

Airtel unlimited calls, free 4G data offers

Reliance Jio effect: Bharti Airtel buys Telenor's India ops; Fitch retains negative outlook for telecom

Bharti Airtel will buy Telenor's India operations after Reliance Jio's aggressive plans; Fitch Ratings says Indian telecom sector continues to be negative.

Feb 23, 2017

Tata and Volkswagen may join hands for platform sharing; announcement expected at Geneva

An official announcement on the development is expected at the Geneva Motor Show in March where Tata Motors will unveil its first product under newly formed TAMO brand.

Feb 22, 2017

spicejet q3 results, spicejet q3 earnings, spicejet share price, spicejet boeing deal, jet airways, domestic air traffic, indigo, indian civil aviation

SpiceJet shares skyrocket as budget carrier announces 'Lucky 7 Sale' offer

Shares of low-cost carrier SpiceJet rallied by almost 6.5 per cent on BSE as the airline announced "Lucky 7 Sale" for a limited period.

Feb 22, 2017

Snapdeal outpaces Amazon and Flipkart in delivery times across India, research shows

Snapdeal layoffs: If you work for e-commerce site then be afraid, says report

Snapdeal is reportedly on a layoff spree across its business verticals — logistics, digital payments and e-commerce. The company has apparently initiated the process of laying off about 600 people

Feb 22, 2017

Flipkart planning to raise up to $1.5 billion from Google, PayPal, Microsoft, Tencent: Report

Last month, Fidelity had joined Morgan Stanley in marking down its investments in Flikpart by 36 percent, hitting valuation of the Indian online marketplace.

Feb 22, 2017

Is the UK about to extradite Vijay Mallya, Lalit Modi and Tiger Memon to India?

Apart from Vijay Mallya, the UK reportedly also assured action against Lalit Modi -- wanted for financial irregularities in the Indian Premier League -- and 1993 Mumbai blasts accused Tiger Memon.

Feb 21, 2017

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Companies

Reliance Industries flares up on BSE; US, China, auto sales to influence markets this week

Man arrested for molesting 2 air hostesses on Jet Airways

Axis Bank CEO Shikha Sharma uses interesting analogy to deny merger rumours

Infosys transfers Rs 65 lakh in unclaimed dividend to investor protection fund in 3 years

Infosys: Likely share buyback; a look at its bonus history, capital structure

Has StayZilla shut down for good? Hotel aggregator says it will 'reboot its operations,' explains how it will move forward

Amazon and Flipkart's rival Snapdeal to lay off 2,500 employees, trim salary bill by half: Report

Carlos Ghosn, the man behind reboot of Nissan steps down as CEO

Indian 'fugitive' industrialist and F1 team boss Vijay Mallya sees no grounds for extradition

Reliance Jio effect: Bharti Airtel buys Telenor's India ops; Fitch retains negative outlook for telecom

Tata and Volkswagen may join hands for platform sharing; announcement expected at Geneva

SpiceJet shares skyrocket as budget carrier announces 'Lucky 7 Sale' offer

Snapdeal layoffs: If you work for e-commerce site then be afraid, says report

Flipkart planning to raise up to $1.5 billion from Google, PayPal, Microsoft, Tencent: Report

Is the UK about to extradite Vijay Mallya, Lalit Modi and Tiger Memon to India?

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]