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Vodafone store

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 Aramco

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
IndiGo

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
Reliance Jio

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
HDFC Bank

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 plant in Gurugram

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
Jewar airport project bidding

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

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
Pharmaceutical industry

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
handshake

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
Corporate tax

Must sell now: Fall in direct tax collection hastens urgency of privatisation

A 17% shortfall in October direct tax collection at Rs 50,715 crore may jeopardize government spending and worsen liquidity issues plaguing the economy if divestment drive slackens. Nov 26, 2019
Tata Steel

India probe finds SKF, Schaeffler, Tata Steel units colluded on bearings prices

The Competition Commission of India (CCI) began an investigation in 2017 after receiving allegations of five companies colluding on bearings prices from 2009-2014 to pass higher raw material costs onto customers in the auto sector. Nov 26, 2019
Apple Inc

Apple supplier Salcomp to invest $279 million in new Indian plant

The widening of Apple's supplier base in India, the world's second-biggest smartphone market, is a boost to Prime Minister Narendra Modi's "Make in India" drive. Nov 26, 2019
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