Companies

Ericsson to pay over $1 billion to resolve US corruption probes

The bribery took place over many years in countries including China, Vietnam and Djibouti, the department said.

Dec 7, 2019

Kenichiro Yoshida, President and CEO, Sony Corporation (left), and Satya Nadella, CEO, Microsoft

Who will blink first? India-US in staring match over taxing Internet downloads

India may ignore US warnings of trade sanctions and impose import duties on 'electronic transmissions' like software, movie and music downloads and streaming before the year-end; New Delhi and Pretoria threaten to end 20 years of WTO ban on taxing international downloads

Dec 7, 2019

Will DHFL depositors have respite as administrator seeks all creditors' claims?

RBI-appointed official has asked creditors including depositors to submit their claims before December 17; depositors asked to choose one of the three authorised insolvency professionals

Dec 7, 2019

Vodafone Idea to shut if it doesn't get relief, says company chairman

The Supreme Court in a recent verdict allowed the Centre to recover Rs 92,641 crore in total AGR from telcos, which impacts Airtel and Vodafone Idea the most.

Dec 6, 2019

Saudi oil giant Aramco announces world's largest IPO

Aramco had previously announced that its shares would not be offered in the United States, Australia, Canada or Japan.

Dec 6, 2019

No need for speed: Why Indigo is telling its pilots to stop pushing its new Jet SE engine to limit?

The company has directed its pilots not use more than 93% thrust on the Pratt engines of the A320neo-family of jets until they reach 25,000 feet

Dec 3, 2019

Mobile phone service rates revision: How much will your monthly bill go up?

As telecom service providers Reliance Jio, Vodafone Idea and Bharti Airtel announce rate increases your mobile phone bills may go up at least 40%; government says the increase will not hurt the customers

Dec 3, 2019

Pay Day-Pay Day! HDFC Bank Online Services Down

HDFC Bank's digital services, including NetBanking and MobileBanking, are down and there's no exact ETA on their restoration status.

Dec 3, 2019

idea cellular share price, idea cellular vodafone merger, aditya birla group, bharti airtel share price, reliance jio, indian telecom sector

Vodafone Idea announces new tariff plans to cover AGR costs: Plans you can avail

Vodafone Idea had stated that it would increase its tariff from December 1.

Dec 1, 2019

Maruti Suzuki achieves landmark 20 million cumulative sales in India

The company accomplished this landmark number in less than 37 years of selling its first car in December 1983.

Dec 1, 2019

Will GMR take Delhi's second airport by right of refusal as Swiss firm wins bid?

Zurich Airport International AG beat GMR and Adani Group by quoting highest per passenger rate for developing first phase of Jewar airport, expected to be India's largest.

Nov 30, 2019

Ola aims to shed 5-8% of staff ahead of IPO

The move is seen as part of the mobility platform's aim to turn profitable and go public in the next 18-24 months.

Nov 29, 2019

The Air India plane flying the inaugural trip from Lucknow,

Will Air India suitors find truncated debt, 100% equity offer irresistible?

The government may pare down Air India debt to Rs 30,000 crore and offer 100% equity to the eventual buyer; Expression of interests in second attempt to sell national carrier may begin by December 15

Nov 28, 2019

Will pharma regulator's deal with industry make non-price control drugs cheaper?

A 30% cap on the margin agreed at a meeting of pharma regulatory and trade bodies and lobby groups may put pressure on big manufacturers as the distributors may not agree to lower commission.

Nov 27, 2019

Bajaj invests $8 million in Yulu to boost EV adoption in India

The fresh round of investment will be utilised for further strengthening of the mobility platform and deepening of the technology solutions for rapid expansion.

Nov 27, 2019

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Companies

Ericsson to pay over $1 billion to resolve US corruption probes

Who will blink first? India-US in staring match over taxing Internet downloads

Will DHFL depositors have respite as administrator seeks all creditors' claims?

Vodafone Idea to shut if it doesn't get relief, says company chairman

Saudi oil giant Aramco announces world's largest IPO

No need for speed: Why Indigo is telling its pilots to stop pushing its new Jet SE engine to limit?

Mobile phone service rates revision: How much will your monthly bill go up?

Pay Day-Pay Day! HDFC Bank Online Services Down

Vodafone Idea announces new tariff plans to cover AGR costs: Plans you can avail

Maruti Suzuki achieves landmark 20 million cumulative sales in India

Will GMR take Delhi's second airport by right of refusal as Swiss firm wins bid?

Ola aims to shed 5-8% of staff ahead of IPO

Will Air India suitors find truncated debt, 100% equity offer irresistible?

Will pharma regulator's deal with industry make non-price control drugs cheaper?

Bajaj invests $8 million in Yulu to boost EV adoption in India

China attacking journalists over flood coverage; CPC concerned about reputation [details]

Breaking: Basavaraj S Bommai is next CM of K'taka; swearing-in tomorrow [details]

7-yr-old girl helps NASA discover 7 asteroids; Meet the world's youngest astronomer