Companies

Hinduja brothers take back top spot in annual UK rich list

British citizens Sri, 83, and Gopi, 79, who are based in London, are two of the four brothers controlling the empire. The two moved to London in 1979 to develop the export business.

May 12, 2019

Will Etihad's conditions for Jet recapitalisation ground the revival plan?

Etihad Airways has submitted a binding bid on condition that it will remain a minority shareholder and banks will find other funding sources.

May 11, 2019

2 SpiceJet Boeing 737 flights make emergency landing, several passengers stranded

The SpiceJet flight SG 8720 from Bengaluru to New Delhi made an emergency landing at Nagpur airport during the wee hours of Saturday. The aircraft was carrying 152 passengers.

May 11, 2019

ITC chairman YC Deveshwar passes away at 72: PM Modi, others mourn loss

Renowned businessman and inspirational figure YC Deveshwar passed away Saturday morning.

May 11, 2019

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L&T's purchase of 26% stake in Mindtree makes hostile takeover a done deal

The construction behemoth can seek a board seat and entry into the promoter group as the largest shareholder in the IT services firm.

May 10, 2019

State Bank of India receives 2 unsolicited bids for grounded Jet Airways

Jet, once India's largest private airline, stopped all flights on April 17 after its lenders, led by SBI, declined to extend more funds to keep the carrier going.

May 10, 2019

Mukesh Ambani-led Reliance flags global retail push with iconic Hamleys acquisition

Reliance Industries picks up a 100% stake in Hamleys for an undisclosed amount from C Banner International Holdings, a company listed in Hong Kong.

May 10, 2019

Why is Zee stock witnessing so much volatility?

Thursday was a day of relief for Zee Entertainment as its stock surged over eight per cent after the company clarified its stance on the concerns raised over the audit of its financial statements.

May 10, 2019

Reliance Industries bleeds over rating downgrade, election outcome worries and rupee fall

Morgan Stanley expects the earnings growth of Mukesh Ambani's RIL to halve in FY20, after maintaining 17 per cent compound annual growth rate (CAGR) between FY17 and FY19.

May 9, 2019

Jet rescue plan hits another air pocket as HDFC plans to auction airline's Mumbai office

The debt-riddled airline is already battling a host of financial, legal and regulatory hurdles in its attempt to resume operations.

May 9, 2019

How Uber's IPO dreams shattered the lives of hordes of Indian drivers

Uber currently operates in 40 Indian cities and the country accounts for an estimated 11 per cent of its global rides.

May 9, 2019

Naresh Goyal makes another attempt to check into Jet, offers Rs 250 crore

In a communication to Jet Airways' employees, Goyal said that the funds are now available to banks controlling the airline.

May 8, 2019

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Can TCS beat IBM and Accenture to become world's largest IT services firm?

Indian IT major's 10% growth powers it ahead of DXC to the third position after clocking $20.91 billion revenue as the US firm is struggling for growth momentum.

May 8, 2019

Alibaba's AI tool can write thousands of ad copies per second

Why is China's Alibaba looking at investing in smaller Indian companies?

Jack Ma-led giant's shift of strategy to investments in smaller verticals may help it catch up with Chinese rival Tencent

May 8, 2019

CureFit raises $75 million as valuation tops $500 million

At this pace of investment, CureFit is expected to join the Unicorn club by mid-2020.

May 7, 2019

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Companies

Hinduja brothers take back top spot in annual UK rich list

Will Etihad's conditions for Jet recapitalisation ground the revival plan?

2 SpiceJet Boeing 737 flights make emergency landing, several passengers stranded

ITC chairman YC Deveshwar passes away at 72: PM Modi, others mourn loss

L&T's purchase of 26% stake in Mindtree makes hostile takeover a done deal

State Bank of India receives 2 unsolicited bids for grounded Jet Airways

Mukesh Ambani-led Reliance flags global retail push with iconic Hamleys acquisition

Why is Zee stock witnessing so much volatility?

Reliance Industries bleeds over rating downgrade, election outcome worries and rupee fall

Jet rescue plan hits another air pocket as HDFC plans to auction airline's Mumbai office

How Uber's IPO dreams shattered the lives of hordes of Indian drivers

Naresh Goyal makes another attempt to check into Jet, offers Rs 250 crore

Can TCS beat IBM and Accenture to become world's largest IT services firm?

Why is China's Alibaba looking at investing in smaller Indian companies?

CureFit raises $75 million as valuation tops $500 million

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]