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Jet Airways threatened with bankruptcy proceedings

Jet Airways pilots heave sigh of relief as Korean Air comes to town with job offers

Korean Air is looking to hire at least 300 pilots of all ranks to fly their Boeing 777-300s. May 24, 2019
Foodpanda

Ola suspends Foodpanda delivery, fires employees

This is the second failure for Ola in the food delivery business. The company had launched Ola Café in 2015 but closed its operations within a year. May 22, 2019
inflation, retail inflation, inflation for march 2017, india news, indian economy

Will consumption slowdown impact Indian economy?

A look at the historic performance of the FMCG sector (or consumer staples) reveals that it has been the silent star performer of the Indian equities market. May 21, 2019
Ford Motor Company

Ford Motor to cut 7,000 white-collar jobs as part of global restructuring

Ford CEO Jim Hackett said in an email to employees that the cuts include both voluntary buyouts and layoffs, and a spokesman added it freezes open positions as well. About 2,300 of the affected people are employed in the US. May 21, 2019
Elon Musk

Ashok Leyland ready to ride on Elon Musk's India dream

Tesla was expected to enter India with the Model 3 that sells for nearly $35,000. In 2015, Prime Minister Narendra Modi had also visited Tesla headquarters at Palo Alto, the US. May 20, 2019
Amazon logo

Amazon offers domestic flight bookings in India, promises no cancellation fee

Amazon will not levy additional charges for booking tickets and those who book the tickets through the portal can avail offers and cashback options. May 20, 2019
Walmart

Walmarts' profit erodes amid investment in Flipkart

Walmart's International operating income tanked 38% in constant currency terms and 42% on a reported basis. May 18, 2019
Amazon Indian god on shower curtain

#BoycottAmazon trends on Twitter over door mats, shower curtains featuring Hindu deities

Social media users have also tweeted to External Affairs Minister Sushma Swaraj asking her to take action to put an end to these products. They are being sold on the Amazon US app. May 17, 2019
IndiGo

IndiGo shares tank over report of differences between co-founders on growth plan

India's largest airline has been growing at breakneck speed with drastic capacity addition to grabbing market share in the world's fastest-expanding aviation market. May 16, 2019
Ols SBI credit card

Ola and SBI launch India's most rewarding credit card; target 10 million cards by 2022

Ola's suite of digital financial offerings ranges from the Ola Money wallet to postpaid billing and micro-insurance for rides taken on the Ola platform. May 15, 2019
Subhash Chandra

Zee Media's 73% profit drop triggers selloff; share tanks 10% in early trade

Company backed by Subhash Chandra's Essel Group posts Rs 13.17-crore profit after tax for FY19 when compared to Rs 49 crore in the previous fiscal. May 15, 2019
Air India Boeing 777.

Co-pilot accuses senior Air India commander of sexual harassment, airline orders probe

The accused kept on texting the victim even when she stated that she wasn't interested. May 15, 2019
Jet Airways

Jet saga: CEO Vinay Dube, CFO Amit Agarwal resign as airline revival hopes fade

The departure of Chief Executive Vinay Dube comes hard on the heels of the resignation of Chief Financial Officer Amit Agarwal, announced earlier in the day. May 14, 2019
Ranveer Singh and Deepika Padukone

Has Deepika Padukone found the beauty of business amid the business of beauty?

Top Bollywood actor's investment in Greek yoghurt producer Epigamia reveals another competitive face of the brain behind the beauty. May 14, 2019
Anil Ambani

Claims for up to Rs 1 lakh crore may hit Anil Ambani-led RCom in bankruptcy case

Domestic and international lenders, operational creditors, government agencies, and telecom tower companies have started filing claims ahead of May 21 deadline. May 13, 2019
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