Companies

US giving illegal tax subsidy to Boeing, rules WTO

The WTO ruled that the tax cut granted by Washington state to Boeing in 2013 for the forthcoming 777X jet is a prohibited subsidy.

Nov 29, 2016

DGCA backtracks on proposal to punish sick pilots

Last week the pilots body slammed the aviation regulator's proposal of handing out harsh consequences to sick pilots.

Nov 28, 2016

Prem Watsa-owned Fairfax Financial Holdings

Fairfax India Holdings Corp gets initial approval to buy Catholic Syrian Bank

Catholic Syrian Bank is seen as a lucrative investment and has often been on the takeover radar.

Nov 28, 2016

BSE Sensex oil india bonus issue results q2 grm price bpcl hpcl iocl price oil import

Oil India declares 1: 3 bonus issue

Shares of Oil India were trading with losses despite the public sector company declaring 1:3 bonus issue.

Nov 28, 2016

Anger makes a good business as more people queue up to smash stuff and vent stress

Rough day? Time to visit the "anger rooms", where destruction is encouraged.

Nov 27, 2016

cyrus mistry tata sons tata global beverages share price q2 results board of directors tussle clash tata group ratan tata corporate battle bitter market cap

Cyrus Mistry, Nusli Wadia to contest proposal of removal by Tata Sons

Both Mistry and Wadia will be making separate representations to all the shareholders of Tata Motors.

Nov 27, 2016

1350 Lufthansa Airlines flights cancelled due to strike

Lufthansa cancels 35 flights on Sunday as pilots' strike enters fifth day

So far, Germany's biggest airline has had to ground nearly 2,800 flights affecting more than 350,000 passengers since the strike began on November 23.

Nov 27, 2016

tata steel cyrus mistry ratan tata bombay house controversy tata group directors tata hotels tata sons taj hotels shareholders share price bse nse cse

Tata Steel removes Cyrus Mistry as chairman, appoints O P Bhat as interim head

The removal of Cyrus Mistry is with immediate effect; Bhat holds office till Tata Steel's EGM scheduled for December 20, 2016.

Nov 25, 2016

spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

SpiceJet Q2 net profit doubles on higher operating revenues

For the quarter ended September 2016, budget carrier SpiceJet's net profit rises 103 percent to Rs 58.9 crore.

Nov 25, 2016

Demonetisation: Paytm admits to goof-up in app, promises to rectify

Paytm recently launched point of sale (PoS) feature, which was withdrawn in view of security concerns.

Nov 25, 2016

Air India Chief slams DGCA's proposal of punishing sick pilots

The letter to the aviation regulator states that the proposal would have adverse consequences on flight safety operations.

Nov 25, 2016

Crossrail protest held outside company HQ in Londons Canary Wharf

Over 100 protesters gathered to take action over a pay dispute.

Nov 25, 2016

Former Unilever COO Harish Manwani may succeed Cyrus Mistry as Tata Sons chairman

The names of Natarajan Chandrasekaran, Indra Nooyi and Arun Sarin are also being considered.

Nov 25, 2016

Don't project me as poster boy of non-performing assets: Vijay Mallya

Mallya has called himself the victim of media trial and has urged the top court to dismiss the proceedings filed against him.

Nov 25, 2016

Watch human embryo development on interactive map

Researchers have used historical data of human embryos to create a three-dimensional, interactive database that provides valuable insights into early human development. Due to modern limits on studying human embryos, current textbooks are usually based on old articles and information, often published more than 100 years ago. Independently verifying the historical information can be challenging. Here, Bernadette de Bakker analysed nearly 15,000 samples from the Carnegie Collection of human embryonic specimens, creating a three-dimensional digital atlas and database spanning the first two months of human development.The team identified and labelled about 150 organs and structures, establishing changes in the position of organs and clarifying current ambiguities. Using this new model, they identified consistent differences between human embryo development and that of mouse and chicken embryos, which are often used as models to study mammalian embryo development.

Nov 25, 2016