Companies

FM Sitharaman announces steps to boost liquidity, demand

Favourite whipping boys: Will millennials be next blamed for swelling bank NPAs?

After taking the taint for economy's growth woes from auto sector slowdown to retail sector trouble, millennials may now draw the flak for another round of non-performing assets surge in banks.

Nov 15, 2019

Vodafone Idea to shut shop? Aditya Birla group refuses to inject fresh equity

The development has come days after Vodafone Group CEO Nick Read showed his frustration on the scenario in the Indian telecom sector.

Nov 14, 2019

Will Mukesh Ambani let rival Sunil Mittal's Airtel grab brother's RCom assets?

Telco wars worsen as Bharti Airtel bids for Anil Ambani's Reliance Communication's spectrum assets that Mukesh Ambani's Jio had previously tried to acquire.

Nov 13, 2019

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Vodafone writes off book value of Indian operation, CEO flags liquidation risk

As per financial results released by Vodafone Group on Tuesday, the book value of Vodafone's 45 per cent stake in the joint venture, Vodafone Idea, has slumped to zero in November 2019.

Nov 13, 2019

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These IT firms are banned from applying for US H-1B visas: Report

The major IT companies disqualified from applying for H-1B visas are, Azimetry, Inc., Bulmen Consultant Group, Inc., Business Reporting Management Services, Inc., NETAGE, Inc., Kevin Chambers, E-Aspire IT LLC and more.

Nov 13, 2019

Backlash over Reliance Jio's decision to charge voice calls

Vodafone issues ultimatum to Indian govt: UK media

Global telecom player, Vodafone has told Indian authorities that it will not provide more capital for its India business unless there are provisions allowing it to compete with Mukesh Ambani's Reliance Jio.

Nov 13, 2019

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Alibaba Singles' Day sales jump 24.3% to $38.3 bn, sets new record

The high-double digit growth in the Global Shopping Festival, branded as Double 11, holds high hopes for the Chinese economy which has slowed down in the wake of global trade war and sagging demand.

Nov 12, 2019

Discontent in ITS officers of BSNL/MTNL after govt revival package

The Indian Telecom Service Association (ITSA) has asked the Central government to issue directions to the DoT, BSNL and MTNL to effectively execute the revival plan announced by the Union government to allocate resources in an optimal manner.

Nov 12, 2019

Are e-commerce firms Amazon and Flipkart going to face more regulatory pressure?

Brick-and-mortar traders have urged PM Modi to institute a ministerial-level inquiry into 'unholy nexus' between banks and e-commerce giants Amazon and Flipkart.

Nov 11, 2019

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Aramco has entered into a non-binding letter of intent with Reliance Industries Limited on August 12, 2019, to purchase a 20 per cent stake in its oil to chemicals division.

Nov 11, 2019

Will Mukesh Ambani play protective big brother to Anil against Chinese banks?

Three Chinese banks have taken Anil Ambani to London court over $680 million default on loan to defunct Reliance Communications Ltd; Banks claim the embattled tycoon gave a personal guarantee to the loans

Nov 9, 2019

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms.

Nov 7, 2019

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

The company has not disclosed how many such employees were fired in the recent past.

Nov 6, 2019

Will Gautam Adani bag crown jewel Mumbai airport to add to 6 airports in kitty?

Adani Properties wants the deadline for closing the deal to acquire Bidvest's 23.5% stake in Mumbai airport pushed to February 7; time granted to airport's majority shareholder GVK to enforce the first right of refusal ends on Thursday.

Nov 6, 2019

Explainer: Why LIC plans to scrap high-yielding schemes from November 30

LIC's insurance agents are pushing the existing products hard, asking customers to buy them before they close on November 30.

Nov 4, 2019

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Companies

Favourite whipping boys: Will millennials be next blamed for swelling bank NPAs?

Vodafone Idea to shut shop? Aditya Birla group refuses to inject fresh equity

Will Mukesh Ambani let rival Sunil Mittal's Airtel grab brother's RCom assets?

Vodafone writes off book value of Indian operation, CEO flags liquidation risk

These IT firms are banned from applying for US H-1B visas: Report

Vodafone issues ultimatum to Indian govt: UK media

Alibaba Singles' Day sales jump 24.3% to $38.3 bn, sets new record

Discontent in ITS officers of BSNL/MTNL after govt revival package

Are e-commerce firms Amazon and Flipkart going to face more regulatory pressure?

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Will Mukesh Ambani play protective big brother to Anil against Chinese banks?

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

Will Gautam Adani bag crown jewel Mumbai airport to add to 6 airports in kitty?

Explainer: Why LIC plans to scrap high-yielding schemes from November 30

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]