Companies

2G Scam: Supreme Court Grants Bail to 5 Corporate Honchos

The Supreme Court granted bail to five company executives, who are charged in the 2G spectrum scam, after the trial court framed charges against them today.

Nov 23, 2011

2G Case: CBI Named Former Telecom Secy., Raids Airtel and Vodaafone Offices

Early on Saturday, the Central Bureau of Investigation (CBI) named former telecom secretary, Shyamal Ghosh, in a fresh case filed by the investigating body for alleged irregularities in the 2G spectrum allocation.

Nov 19, 2011

Kingfisher Close to Sealing Deal; Shares Down

It is reported that Kingfisher Airlines chairman Vijay Mallya close to sealing a $370 million deal with an Indian private investor to save the airlines but its shares keep falling.

Nov 18, 2011

U.S. Airlines Trade Group Seeks to Block Loan to Air India

A trade group for U.S. airlines has sued the Export Import Bank of the United Sates over a $ 3.4-billion loan to Air India.

Nov 17, 2011

Petrol Price Cut by Rs. 2.22 a Litre

All the hue and cry over the recent petrol price hike will die down as petrol price has been cut for the first time in nearly three years by Rs. 2.22 per litre.

Nov 15, 2011

Samsung Aims Take Top Spot From Nokia with the Galaxy Note

Samsung Electronics Co., Ltd., has unveiled in India its tablets and smartphone hybrid -- the GALAXY NOTE.

Nov 15, 2011

Govt has No Bailout Package for Kingfisher Airlines

Civil Aviation Minister Vayalar Ravi said that there is no bailout package for the debt-ridden Kingfisher Airline from the government.

Nov 13, 2011

Vijay Mallya Defends Cancellation of Kingfisher Flights

Vijay Mallya, Chief of Kingfisher Airlines, defended the cancellation of the flights citing state governments' heavy tax.

Nov 12, 2011

2G Scam: Reliance Capital Official Retracts His Statement to CBI

In a setback to CBI's investigation, Assistant Vice-President of Reliance Capital Ltd. Anand Subramanium has retracted his earlier statement in the 2G trial case

Nov 12, 2011

Petrol Price Hiked; To Be Costlier By Rs. 1.82 Per Litre

Oil companies in the country have decided to hike the price of petrol by Rs. 1.82 per litre from Friday.

Nov 4, 2011

Jaipal Reddy Hopes for Fuel Price Review

With oil companies losing crores of rupees every day on selling fuel below cost, Petroleum Minister S. Jaipal Reddy said that he would convene a ministerial panel meeting to review prices of fuel sold at subsidised rates.

Nov 2, 2011

Fortis India to Buy Sister Firm for $665 Million

With an aim to consolidate all the groups health businesses under one roof, hospital chain Fortis Healthcare (India) has decided to buy Singapore-based sister firm Fortis Healthcare International for $665 million.

Nov 1, 2011

Nokia Pocket Dance Mania Hits India [VIDEO]

The hottest and coolest dance craze created by Nokia invades India.

Oct 28, 2011

Bollywood Trends: Industry Leaning Towards Youth? [SLIDESHOW]

In what appears to be a growing trend, Bollywood is turning towards the largest (in terms of numbers) section of the Indian population - youngsters. Bollywood must believe that this move will help them explore the demographic for further talent.

Oct 17, 2011

I-T Dept Freezes Kingfisher Airlines' Accounts For Non-Payment of Dues

The I-T department has reportedly slapped the KFA with a notice to pay the outstanding dues of Rs 3.42 billion (342 crore rupees), after the airline failed to pay installments of Rs 90 million (9 crore rupees) each week

May 30, 2012