Companies

Fraudsters in Bengaluru dupe people of lakhs offering cheap Indigo air tickets

The office of the fraudsters had an address in Richmond Road in Bengaluru. Indigo confirmed that they do not have an official address in the city except at the Kempegowda International Airport.

May 2, 2019

Worrying fall in Reliance return on assets despite better-than-expected numbers

Rising capital spend, dipping refining margin and slowing telecom business revenue afflict RIL balance sheet as FY19 return on assets plummets

May 2, 2019

Can lenders to Jet afford to accept employees' proposal to revive the airline?

Employees' consortium has told the lenders, who have invited bids for a debt rescue plan, that it can secure Rs 3,000 crore investment to set the airline on a trajectory to recovery.

Apr 30, 2019

Vistara's plan to recruit Jet planes and staff will spur domestic competition

Full-service airline with a homogenous fleet of Airbus A320s may add six Boeing 737 aircraft and recruit staff from distressed Jet Airways.

Apr 29, 2019

JioPhone tops India's feature phone market, Samsung close second in Q1 2019

Unlike the smartphone market, which contracted for the first time in 2018, the feature phone market has continued to grow over the last three years.

Apr 29, 2019

IL&FS audit case: Government may debar Deloitte for alleged misconduct

If the Ministry of Corporate Affairs goes ahead with the punishment, it will be the second occasion when Price Waterhouse was banned for similar malpractice in the Satyam scam.

Apr 28, 2019

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PepsiCo offers olive branch to sued Gujarat potato farmers

The farmers claimed that they have not infringed any IPR rights of PepsiCo and the Section 39(1) of PPV&FR Act, 2001 entitled farmers in India to buy and sow seeds of any variety registered.

Apr 27, 2019

Legal, regulatory delays stall Brookfield's Leela deal despite shareholders' nod

Leela Hotel shareholders' overwhelming support for Brookfield, JMFARC stake sales await orders of company law tribunal, Sebi after ITC, LIC cry foul

Apr 27, 2019

Fully accessorized 2018 Maruti Suzuki Ertiga

Maruti Suzuki's decision to phase out diesel cars to leave broader impact

Impact of largest carmaker Maruti's decision to phase out diesel by April 2020 will be felt across the Indian passenger car market forcing others to follow.

Apr 26, 2019

Major restructuring at Uber: India operation integrated with Europe

Earlier, the Asia Pacific business of the company was headed by Amit Jain, who started Uber's business in India and headed its operations.

Apr 24, 2019

Hotel Leela Palace Bengaluru of the Leela Group

ITC out to spoil Hotel Leela's date with JM ARC, Brookfield

Retail giant seeks cancellation of stake sales deals with private equity firms, removal of directors, and appointment of an administrator.

Apr 24, 2019

Flipkart's mega logistics investment to generate 50,000 jobs

The logistic parks will act as freight aggregation and distribution hub, and leverage technology for an intelligent transport system.

Apr 24, 2019

Usage-based incentives on electric vehicles will accelerate innovation, says Ola

The electric fleet of Ola in Nagpur - a combination of e-rickshaws and e-cabs - has served over 3,50,000 customers, clocked over 7.5 million km and saved over 5.7 lakh litres of fossil fuel.

Apr 24, 2019

Zee Group chairman Subhash Chandra's brother Ashok Kumar Goel to sell 51% stake that Ashok Goel Trust holds in Essel Propack to Blackstone

Subhash Chandra's brother sells Essel Propack stake; not to bail out Essel Group

US private equity firm Blackstone will pay Essel Propack promoter Ashok Kumar Goel Rs 2,157 to acquire 51% stake in the producer of specialty packaging

Apr 23, 2019

Has Jet Airways bidders' interest nosedived amid loss of flight slots, procedural confusion?

Redistribution of grounded airline's flight slots to rivals, regulatory confusion as top court stays key RBI circular on stressed assets, and threat of bankruptcy proceedings cloud the fate of stake sale.

Apr 23, 2019

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Companies

Fraudsters in Bengaluru dupe people of lakhs offering cheap Indigo air tickets

Worrying fall in Reliance return on assets despite better-than-expected numbers

Can lenders to Jet afford to accept employees' proposal to revive the airline?

Vistara's plan to recruit Jet planes and staff will spur domestic competition

JioPhone tops India's feature phone market, Samsung close second in Q1 2019

IL&FS audit case: Government may debar Deloitte for alleged misconduct

PepsiCo offers olive branch to sued Gujarat potato farmers

Legal, regulatory delays stall Brookfield's Leela deal despite shareholders' nod

Maruti Suzuki's decision to phase out diesel cars to leave broader impact

Major restructuring at Uber: India operation integrated with Europe

ITC out to spoil Hotel Leela's date with JM ARC, Brookfield

Flipkart's mega logistics investment to generate 50,000 jobs

Usage-based incentives on electric vehicles will accelerate innovation, says Ola

Subhash Chandra's brother sells Essel Propack stake; not to bail out Essel Group

Has Jet Airways bidders' interest nosedived amid loss of flight slots, procedural confusion?

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]