Companies

IndiGo promoters' differences threaten services

Passenger traffic expected to grow in 2019, says Director General of DGCA

Arun Kumar said induction of aircraft in domestic airlines in the fourth quarter of 2019 would ease fares and usher in passenger traffic growth.

Oct 13, 2019

Backlash over Reliance Jio's decision to charge voice calls

Will Reliance Jio's 30-minute offer of free talk time calm upset customers?

Reliance Jio announced new scheme two days after its decision to charge 6 paise per minute on interconnect calls following huge customer backlash; social media posts remind Mukesh Ambani of his promise to never charge voice calls and #BoycottJio and #ILoveJio hashtags trend on Twitter.

Oct 12, 2019

Is Jio's new charge on inter-network calls bid to kill two birds with one stone?

With the new 6-paise charge on inter-network calls Reliance Jio may be eyeing increased profitability and higher market valuation.

Oct 11, 2019

The Air India plane flying the inaugural trip from Lucknow,

Pay dues or will cut fuel supply by Oct 18: Oil companies warn Air India

The oil marketing companies had earlier said in August that the national carrier owed Rs 5,000 crore in unpaid fuel bills with payments being delayed by almost eight months.

Oct 11, 2019

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This Diwali, offline stores to offer similar discount as online stores

Due to tepid growth in the economy, lack of new jobs and poor consumer sentiment in urban and rural India over the past three quarters, consumer goods manufacturers and retailers are showing caution this year's festive season.

Oct 10, 2019

End of free calls? Reliance Jio starts charging 6p/min for calling other operators

Now with the new condition, all Jio users wanting to call on Vodafone Idea and Airtel networks will have to buy additional top-up vouchers of Rs 10, Rs 20, Rs 50 and Rs 100

Oct 10, 2019

Lakshmi Vilas Bank put under prompt corrective action framework

RBI pulls plug on Lakshmi Vilas Bank merger bid with Indiabulls Housing Finance

Lakshmi Vilas Bank placed under regulatory restrictions over high leverage last month will have to explore other ways to raise capital; IndiaBulls may turn to share buyback.

Oct 10, 2019

Enhancing its BPO services, Infosys takeovers Eishtec in Ireland

The analysts have said that acquisition would be part of Infosys's strategy to expand its BPO services in the Irish market.

Oct 9, 2019

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Will there be any taker for Air India as 100% stake sale proposal sweetens deal?

Finance Minister Nirmala Sitharaman hopes to raise Rs 1.05 lakh crore from once-shelved Air India stake sale while struggling to make up the Rs 1.45-lakh-crore largesse lost to a corporate tax cut amid worsening revenue account deficit.

Oct 9, 2019

Oyo raises $1.5 billion in fresh round of funding, to target US market

The funds will be used to expand Oyo's business in the United States, its fastest-growing market and strengthen its vacation rentals business in Europe.

Oct 8, 2019

Major corporate lay-off: After Cognizant, HP India to fire 500 people in India

HP will fire 7,000-9,000 employees globally by 2022 as part of a restructuring of operations intended to cut costs

Oct 7, 2019

YES Bank seeks police probe over fake news; woos Microsoft for investment

Private lender YES Bank seeks multidisciplinary team to investigate the spread of alleged false news that has hit the bank's market cap; bank seeks strategic investment from Microsoft or one of the two other tech firms it is in talks with

Oct 7, 2019

HSBC to cut up to 10,000 jobs in drive to reduce costs: Report

HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month.

Oct 7, 2019

Amazon, Flipkart vie for top festival season honours; both report record sales

Even while claiming higher sales than the rival during this festival season, both Flipkart and Amazon are thrilled that record orders from tier-3 cities helped them scale the biggest-ever festival sales during the six-day period that ended on Friday.

Oct 5, 2019

Another trouble at HAL as trade union calls for indefinite strike from October 14

HAL management has urged the wage revision seeking union to call off strike in the national interest.

Oct 5, 2019

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Companies

Passenger traffic expected to grow in 2019, says Director General of DGCA

Will Reliance Jio's 30-minute offer of free talk time calm upset customers?

Is Jio's new charge on inter-network calls bid to kill two birds with one stone?

Pay dues or will cut fuel supply by Oct 18: Oil companies warn Air India

This Diwali, offline stores to offer similar discount as online stores

End of free calls? Reliance Jio starts charging 6p/min for calling other operators

RBI pulls plug on Lakshmi Vilas Bank merger bid with Indiabulls Housing Finance

Enhancing its BPO services, Infosys takeovers Eishtec in Ireland

Will there be any taker for Air India as 100% stake sale proposal sweetens deal?

Oyo raises $1.5 billion in fresh round of funding, to target US market

Major corporate lay-off: After Cognizant, HP India to fire 500 people in India

YES Bank seeks police probe over fake news; woos Microsoft for investment

HSBC to cut up to 10,000 jobs in drive to reduce costs: Report

Amazon, Flipkart vie for top festival season honours; both report record sales

Another trouble at HAL as trade union calls for indefinite strike from October 14

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]