Companies

Warren Buffett to invest in Paytm - his first investment in an Indian company

If the deal goes through, it will be Buffet's first direct investment in India and also his first investment in a privately-held tech company anywhere in the world.

Aug 27, 2018

Elon Musk cancels plans to take Tesla private; plan cancelled after board meeting

This decision comes after Musk had tweeted that he wanted to take the company private.

Aug 25, 2018

Infosys hires 4,700 American employees after opening innovation hub in North Carolina

The hub will train, upskill and reskill Infosys and client employees, in the technologies required to help American businesses accelerate their digital transformations.

Aug 23, 2018

indian oil corporation ioc oil fuel atf jet fuel increase aviation prices cost air india jet spicejet indigo go air vistara airasia india hike slash cut

Indian Oil Corporation to invest Rs 37,000 cr in Tamil Nadu

Indian Oil Corporation will invest Rs 7,112 crore and the IOC group along with Chennai Petroleum Corporation will be investing Rs 37,112 crore in Tamil Nadu

Aug 22, 2018

India's small to mid-sized renewable energy firms fighting consolidation wave

Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bond markets, low tariffs and high debt besetting the sector.

Aug 22, 2018

Lehman Brothers invite ire for party to mark 10th anniversary of global market meltdown

Lehman Brothers, a former financial services firm, has sent an email invitation to the party and addressed it to "Lehman Brothers & Sisters." The reception, complete with cocktails and canapes, is reportedly set to be held in London on September 15. The firm has also planned a reunion in New York and Hong Kong.

Aug 21, 2018

Asset-backed cryptocurrency investment: The inside story

"You have to think of the Blockchain as a new utility. As in, it is a new utility network for moving value and for moving assets" - William Mougayar, author.

Aug 20, 2018

Infosys CFO Ranganath resigns, deputy to step in

Ranganath served as the CFO of Infosys for 18 years

Aug 18, 2018

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Air India pilots threaten to go on strike if flying allowance not paid immediately

The Indian Commercial Pilots' Association said that "the pilots will report to the office for any office duty of their expertise other than flying duties." The pilots are being paid only their basic salary and flying allowance comprises 70 percent of their pay.

Aug 18, 2018

Spiritual guru behind downfall of Fortis' Singh brothers?

Heirs to a business house which was worth billions not that long ago, there has been a dramatic fall in the fortunes of Malvinder and Shivinder Singh in the last six months.

Aug 17, 2018

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Lifeline for Jet Airways as Blackstone plans to buy stake in troubled airlines' frequent flyer arm

Jet's cash reserves have dwindled due to rising crude oil prices and intense competition in the Indian market. The airline says it is evaluating all options to meet liquidity requirements and looking at measures to enhance revenue generation and increase cost cutting.

Aug 16, 2018

An aircraft of India's Jet Airways lands

Jet Airways debt burden: Troubled airline scrambling to avoid loan repayment default

The full-service airline has written to a consortium of overseas lenders, in which it has requested that a loan covenant on its existing debt terms be waived. The lenders had put a condition of a minimum profit of $50 million for FY19 and Jet has said it wouldn't be able to fulfil this condition.

Aug 14, 2018

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Companies

Warren Buffett to invest in Paytm - his first investment in an Indian company

Elon Musk cancels plans to take Tesla private; plan cancelled after board meeting

Infosys hires 4,700 American employees after opening innovation hub in North Carolina

Indian Oil Corporation to invest Rs 37,000 cr in Tamil Nadu

India's small to mid-sized renewable energy firms fighting consolidation wave

Lehman Brothers invite ire for party to mark 10th anniversary of global market meltdown

Asset-backed cryptocurrency investment: The inside story

Infosys CFO Ranganath resigns, deputy to step in

Air India pilots threaten to go on strike if flying allowance not paid immediately

Spiritual guru behind downfall of Fortis' Singh brothers?

Lifeline for Jet Airways as Blackstone plans to buy stake in troubled airlines' frequent flyer arm

Jet Airways debt burden: Troubled airline scrambling to avoid loan repayment default

Who is Usha Ananthasubramanian? CBI and RBI to investigate sacked Allahabad Bank CEO's role in PNB fraud case

Meet Smitha V Crishna, India's richest woman!

Jet Airways' Board defers consideration of Q1 results; says all accounts with lenders are 'Standard'

Feels Like Ishq, Feels Like Fresh [Netflix review]

Ayush Ministry refutes NICE claim on approval given to its COVID-19 therapy procedure

International Tiger Day: PM hails wildlife lovers; Expert insists on more conservation efforts