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Ajay Singh's SpiceJet Rescue Plan Expected to be Finalised by January-end

The beleaguered airline could see a new management on board by the end of the month, if the necessary approvals are received.

Jan 10, 2015

Box Going Public; Aims to Raise $187 Million in IPO

Box, the popular cloud storage startup, is all set to go public as it just kicked off its Initial Public Offering (IPO) road show announcing the price of its shares and making some amendments to its documents on Friday.

Jan 10, 2015

Arun Jaitley and Raghuram Rajan at the Indira Gandhi Institute of Development Research

FM Jaitley, RBI Governor Rajan Stand United ahead of Budget 2015

Prime Minister Narendra Modi's government is expected to announce major reforms during the budget session.

Jan 10, 2015

SC Allows Sahara Group to Raise $1.05 Billion Loan to Secure Bail for Subrata Roy

The apex court allowed the scam-tainted Sahara Group raise $1.05bn in its bid to raise 10,000 crore bail amount, if the central bank approves the move.

Jan 9, 2015

talks-still-on-eager-to-keep-alliance-intact-rajiv-pratap-rudy-on-bjp-shiv-sena-alliance

Govt to Introduce National Skill Development Policy to Train 50 Crore People by 2020: Rudy

In a bid to tackle the problem of shortage of skilled workers, the government plans to introduce necessary skill development programmes.

Jan 9, 2015

J.C. Penney to Close Down 40 Stores in US, Cut 2,250 Jobs

J.C. Penney, the famous retailer announced on Thursday that it would close down 40 stores, constituting about 4 percent of its outlets, across the US this year.

Jan 9, 2015

infosys-posts-higher-than-expected-profit-keeps-annual-sales-growth-outlook

Infosys Beats Market Expectations, Net Profit Up 13% in Q3; Employees to Get 100% Bonus Payout

Infosys has maintained its annual sales growth guidance at 7-9 per cent.

Jan 9, 2015

Tata's Vistara Airlines Seeks To 'Do It Right'

India witnesses the return of the Tatas in the airline industry. Armed with domain knowledge and experience, their aviation company Vistara, a Tata Sons-Singapore Airlines joint venture, aims to redefine India's full-service airline industry.

Jan 9, 2015

After ONGC, Govt to Sell Stakes in GAIL and Oil India Ltd?

The subsidy sharing formula is being reworked to help limit the subsidy burden of the upstream companies.

Jan 9, 2015

Qatar Airways Group Chief Executive Officer Akbar Al Baker

Qatar Airways Eyes Indigo Stake; Seeks Larger Footprint in India

"It is extremely important for the Prime Minister to put the aviation growth in India as priority," Qatar Airways CEO Al Baker said.

Jan 8, 2015

Gold Imports Fall to 39 Tonnes in Dec; Exporters Seek Duty Drawbacks in Budget 2015

Post scrapping the 80:20 gold import/export scheme, gold import for December 2014 sharply to 39 tonnes.

Jan 8, 2015

Bill Gates' Latest Project is Turning Poop into Drinking Water! (WATCH)

Bill Gates, the billionaire founder of Microsoft, is famous for his involvement in social projects and philanthropic ventures and his latest one seems to be a little stinky.

Jan 8, 2015

Sacked Employees to File Lawsuit against TCS

Sacked employees of TCS, backed by the Forum for IT Employees are contemplating legal recourse in a local court of law.

Jan 8, 2015

SpiceJet Misses December 2014 Salary Payment Deadline

Sources from within the airline reaffirmed that no disruptions are expected for the month.

Jan 8, 2015

Verizon Dismisses AOL Acquisition Rumours; Doesn't Rule Out Merger

Verizon Communications Inc., the famous internet service provider, dismissed rumors that it had offered to buy internet media firm AOL but didn't rule out a potential merger with the company.

Jan 7, 2015

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