Companies

Is Thomas Cook a casualty of Brexit uncertainty as lenders remain tightfisted?

Prolonged Brexit uncertainty is to partly blame for the failure of the world's oldest travel group to raise enough cash to service debt leading to bankruptcy.

Sep 23, 2019

Travel giant Thomas Cook goes belly up but it's business as usual in India; here's why

The UK travel giant said on Monday it filed for bankruptcy after last-minute efforts to secure a $250 million funding from private investors failed.

Sep 23, 2019

British travel company Thomas Cook collapses, stranding 150,000 travellers abroad

Thomas Cook chief executive Peter Fankhauser says firm's collapse is a "matter of profound regret" and apologises to millions of customers and thousands of employees.

Sep 23, 2019

Will Sitharaman's tax tweak snare capital fleeing China over US trade war?

Finance Minister Nirmala Sitharaman's sweeping reforms slashing corporate tax rates to bring them at par with most South Asian and Southeast Asian nations are expected to trap investments headed even to low-tax destinations like Bangladesh and Vietnam.

Sep 21, 2019

Tata Motors logos are seen at their flagship showroom

Tata Motors announces new electric vehicle powertrain technology Ziptron

The technology will be introduced in a range of its upcoming models, including the one scheduled for launch in the first quarter of next year.

Sep 20, 2019

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Air India disinvestment: Government may keep working capital debt out of the deal

The airline industry showed cold shoulders to earlier government's proposal to sell 76 per cent stake in Air India as no foreign players wanted the government having owned 24 per cent after divestment.

Sep 18, 2019

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Massive Coal India recruitment move brings cheer amid slowdown, divestment gloom

India's second-largest employer is offering 9,000 openings; 4,000 people will be recruited to fill up executive posts and the rest will be technical and non-technical staff.

Sep 18, 2019

Zomato forays into video streaming services, to offer free shows

The most interesting part is unlike other online streaming services, including Netflix and Amazon which has paid subscription, Zomato originals is available free of cost to all of its viewers.

Sep 16, 2019

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Global crude prices jump 12% after drone attack on Saudi Arabia's Aramco oil facilities

Following the attack, Aramco oil facilities curtailed production of crude oil and gas of the world's top exporter by half.

Sep 16, 2019

5G trials: Trump effect forces Reliance Jio, Bharti Airtel to shun Chinese firms

Although India is yet to decide on a Huawei technology ban, telecom players play safe by avoiding Chinese companies to avoid getting caught in the US-China trade war.

Sep 14, 2019

AB InBev tax evasion case: World's largest brewer, banned in Delhi, probed

Local authorities barred AB InBev, the world's largest brewer, in July from selling its beer in the high profile New Delhi market for evading taxes.

Sep 14, 2019

India's top trader body seeks ban on Amazon, Flipkart's festive season sale

The two e-commerce firms typically hold annual festive season sales ahead of key Hindu festivals Dussehra and Diwali, which are due this year in October.

Sep 14, 2019

PepsiCo to set up business centre in Hyderabad, to hire 2,500 people

It is to be noted that PepsiCo's establishment of India business centre in Hyderabad will be part of planned multi-location global capability strategy.

Sep 13, 2019

Jet founder Goyal may face money laundering charges amid Modi's anti-graft drive

Multiple agencies are probing the defunct Jet Airways, founder-chairman Goyal and associates.

Sep 13, 2019

Saudi Aramco keen to partner in mega West Coast Refinery project

In the wake of India's growing oil and energy needs, a mega refinery like the one on the west coast with an expected capacity of 60 mmtpa is vital.

Sep 13, 2019

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Companies

Is Thomas Cook a casualty of Brexit uncertainty as lenders remain tightfisted?

Travel giant Thomas Cook goes belly up but it's business as usual in India; here's why

British travel company Thomas Cook collapses, stranding 150,000 travellers abroad

Will Sitharaman's tax tweak snare capital fleeing China over US trade war?

Tata Motors announces new electric vehicle powertrain technology Ziptron

Air India disinvestment: Government may keep working capital debt out of the deal

Massive Coal India recruitment move brings cheer amid slowdown, divestment gloom

Zomato forays into video streaming services, to offer free shows

Global crude prices jump 12% after drone attack on Saudi Arabia's Aramco oil facilities

5G trials: Trump effect forces Reliance Jio, Bharti Airtel to shun Chinese firms

AB InBev tax evasion case: World's largest brewer, banned in Delhi, probed

India's top trader body seeks ban on Amazon, Flipkart's festive season sale

PepsiCo to set up business centre in Hyderabad, to hire 2,500 people

Jet founder Goyal may face money laundering charges amid Modi's anti-graft drive

Saudi Aramco keen to partner in mega West Coast Refinery project

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]