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Vijay Mallya's Kingfisher Airlines

RBI forced banks to grant loan to Kingfisher Airlines violating its own rules

Knowing well that KFA fell under the category of sub-standard assets, top RBI officials asked banks to loan more to the airline. Feb 7, 2017
Reliance Jio

Bharti Airtel files counter complaint with CCI against Reliance Jio over predatory 4G free data offer

Bharti Airtel has now filed a counter complaint with the CCI, alleging that Reliance Jio's free 4G data is predatory in nature. Feb 7, 2017
ujjivan small finance bank, ujjivan sfb, ujjivan financial services share price, rbi guidelines on small banks, equitas sfb

Ujjivan Small Finance Bank commences banking operations

The RBI had issued licences to 10 entities, including Ujjivan Financial Services, in September 2015 to start small bank operations. Feb 6, 2017
US court refuses to reinstate Trumps controversial travel ban executive order

Facebook, Apple, Google and Microsoft file opposition against Donald Trump's immigration ban

The tech giants have argued that the ban imposes significant burdens on the industry by not allowing firms to hire talents from countries under entry ban. Feb 6, 2017
Subrato Roy

Sahara case: SC orders attachment of Aamby Valley

The apex court ordered Sahara to furnish a list of properties that were free from litigation and mortgage so that they can be attached for public auction. Feb 6, 2017
Indian rupee

Why LIC offering 8% interest rate on FDs for senior citizens is bad news for banks

LIC, apart from the post office, offering a higher interest rate would mean banks may not be able to lower their deposit rates from current levels. Feb 6, 2017
Cochin Shipyard

Cochin Shipyard may buy controlling stake in debt-laden ABG Shipyard

Shapoorji Pallonji and Co. Ltd., which was also in the race to buy a stake in ABG Shipyard, has apparently backed out of the discussions. Feb 6, 2017
Toyota

Toyota may seek Suzuki's help in cracking Indian car market

Toyota will offer R&D expertise to Suzuki, while the world's largest carmaker will seek Suzuki's help in cracking the tough India car market. Feb 6, 2017
IndiGo

Bureau of Civil Aviation Security suspends IndiGo's security training licence

The licence suspension would result in additional cost for the carrier as it would have to outsource its training programme now. Feb 5, 2017
India Rs 100 banknote

RBI to soon issue new Rs 100 notes, so what happens to the old notes?

In the wake of demonetisation, short-supply of Rs 100 notes and near absence of new Rs 500 notes in the market resulted in the general public reluctantly accepting Rs 2,000 note. Feb 5, 2017
Warburg Pincus buys Accelya

Warburg Pincus acquires airline services group Accelya; Dubai-based Mercator and Accelya to merge

The combined entity of Accelya and Mercator will have annual revenues of $200 million with more than 400 clients worldwide, including 250 airlines. Feb 5, 2017
Here's a list of torrent sites that still work.

Will famous KickassTorrents ever come back? The Pirate Bay, ExtraTorrent, RARBG are most popular today

Torrent sites like ExtraTorrent, RARBG, YTS.a and Torrentz2 grew fast after the shutdown of KickassTorrents last year. Feb 5, 2017
BSNL new plans, bsnl unlimited plans,

This is what Reliance Jio free 4G data has done to BSNL, Vodafone; data tariff slashed again

BSNL appears to have taken internet tariff war seriously, cutting price of data plan to counter Reliance Jio free 4G offer. Feb 4, 2017
uber pool, ola share

Uber, Ola refuse to withdraw ride-sharing services in Bengaluru

Both Uber and Ola had a meeting with state authorities on Tuesday following which they were given time till Friday to stop their services. Feb 3, 2017
Mark Zuckerberg

This is how Reliance Jio helped Facebook achieve record quarterly revenue

Facebook CFO David Wehner said the company's growth in Asia was boosted by the free data offering in India. Feb 3, 2017
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