Companies

Naresh Goyal's exit can alone save Jet Airways from becoming another Kingfisher?

The report says SBI could possibly convert its debt to equity in Jet Airways when the Rs 8,000 crore debt is recast.

Jan 9, 2019

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Trouble continues at Air India; salaries delayed for second month in row

Last month, Air India's pilot union claimed that a large number of pilots were defaulting on their bank loans and other financial commitments due to the salary delays.

Jan 9, 2019

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AirAsia India offers flight tickets from Rs 999 in annual sale; all you need to know

The sale began on January 7 and will go on till January 20. A statement by AirAsia said that tickets booked within this window are for trips between January 21 till July end.

Jan 8, 2019

IBM earns record patents in 2018, India 2nd highest contributor

One of the patents filed from India went to IBM inventors Shivali Agarwal, Gaargi B Dasgupta, Shripad J Nadgowda and Tapan K Nayak.

Jan 8, 2019

Double setback for RCom, Anil Ambani in legal tangle with Ericsson

After Ericsson sought arrest and detention of Ambani,RCom said on Sunday the Swedish telecom gear maker was sensationalising the issue of dues recovery and setting off a media trial.

Jan 7, 2019

No plan to ban Huawei devices in India, big relief to brand facing block in the west

Huawei is facing a ban in the US, Australia, New Zealand and Canada over security concerns, and the company has recently also made news for the arrest of its chief financial officer in Canada.

Jan 5, 2019

Reliance Jio price wars: Airtel, Vodafone continue to bleed cash and customers

Top two players, Vodafone Idea and Bharti Airtel, suffer erosion of market share and profitability as aggressive Reliance Jio presses ahead

Jan 4, 2019

Lifeline for HAL? Cash-strapped PSU to make weaponised Tejas fighters for IAF

The Bengaluru-headquartered public sector behemoth has been reeling under a double whammy of depleting order book and chronic delays in the deployment of budgetary allocations.

Jan 4, 2019

Ericsson seeks arrest and detention of Anil Ambani over Rs 550 crore dues

In early October, Reliance Communications had sought 60 more days for repayment of Rs 550 crore to Ericsson.

Jan 4, 2019

Hong Kong Airlines Airbus A330-200 passenger jet

Insurer drops collapse cover for travellers with HNA's Hong Kong Airlines

A Hong Kong insurance provider is to stop offering cover against the possibility of HNA-controlled Hong Kong Airlines folding, according to a notice issued by the insurer to its agents and seen by Reuters.

Jan 4, 2019

DGCA raps Spicejet for mid-air New Year celebrations

SpiceJet has said that the airline has not violated any protocol and its crew did not participate in dancing.

Jan 4, 2019

Reliance Jio continues to hurt rivals as its subscriber base spikes

In fact last year RJio has managed to add close to 10 million users almost every month which imply that the war to dominate to the telecom is far from over at least in near future.

Jan 3, 2019

GoAir sale of tickets at just Rs 1,199 has customers reeling

The sale is valid for trips between July 8 and September 29.

Jan 3, 2019

Online food delivery war: Zomato in talks to raise capital as Swiggy races ahead

Last year, Swiggy had managed to raise $1 billion in the largest ever funding round in food tech to become the fifth most valuable startup in the country.

Jan 3, 2019