Companies

JPMiles 'secure and remain intact', says JetPrivilege after Jet Airways shutdown

The embattled airline was forced to stop all its flights after almost 26 years of its operations. The last flight of the debt-ridden airline took off at 10.30 pm on Wednesday.

Apr 18, 2019

Ola joins hands with BBMP and Election authorities to ferry people with disability to polling booths

As a part of this free service, Ola has assigned 270 cabs to the election commission which will be made available to ferry PWD voters to polling booths.

Apr 18, 2019

reliance industries ril jio telecom 4g ripples buzz spectrum mukesh ambani

Reliance to sell 25% in refining business to Aramco to pare Rs 3 lakh crore debt?

Reliance's mainstay refining and petrochemicals operations could be valued at $55-$60 billion in the gargantuan deal, fetching the Indian conglomerate around $10-$15 billion for the minority stake.

Apr 17, 2019

Jet Airways to temporarily shut operations tonight, last flight at 10.30 pm

The SBI-led lenders' consortium has not been able to find a consensus about the initial fund infusion required to get a rescue plan on the runway.

Apr 17, 2019

Naresh Goyal opts not to bid for acquiring stake in cash-strapped Jet Airways

Civil Aviation Minister Suresh Prabhu tweeted on Tuesday that the ministry will be reviewing the fares, cancellations and other issues related to Jet Airways.

Apr 16, 2019

SpiceJet gains on Jet woes, rising international profile with network expansion

Budget carrier SpiceJet's stock zooms on the third day of gap-up opening as Jet Airways crashes; market expects further upside while lenders dither on rival's recapitalisation.

Apr 16, 2019

jet airways dgca domestic air traffic passengers safety service customer preity zinta india tickets offers sale angry celeb

Jet Airways' fateful descent accelerates; fuel supply to last just hours

Jet Airways chief executive Vinay Dube said the lenders could not reach a consensus on the emergency funding and the board would meet again on Tuesday to further deliberate on the matter.

Apr 16, 2019

Reliance Jio's fibre unit readies Rs 27,000 crore war chest to fund expansion

The funds will be used by the company to expand its data network and attract users from other companies and businesses.

Apr 15, 2019

Why is only SpiceJet hiring Jet pilots and engineers at steep pay cuts?

Budget airline SpiceJet is gobbling up disgruntled pilots and engineers of stricken Jet at up to 50% salary discount while IndiGo and GoAir are less interested in poaching crew.

Apr 15, 2019

Market consolidation to continue amid election uncertainty in a truncated week

IT, banking and oil stocks in focus as earnings season unfolds while election and economy numbers expected to roil shortened week.

Apr 14, 2019

Jet Airways gets a lifeline, airline likely to get Rs 1000 crore on Monday

The latest proposal of fund infusion came after a meeting of civil aviation secretary Pradeep Singh Kharola and top officials in the PMO Friday evening, deliberating the possible way out to save the beleaguered airline.

Apr 14, 2019

IL&FS Chairman Ramesh Bawa arrested for massive loan defaults

The former top executive has been held under Section 447 of the Companies Act that enables SFIO to arrest a person for committing fraud.

Apr 13, 2019

Reliance Communications denies France waived taxes for Anil Ambani-led company

Reliance Communications rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities.

Apr 13, 2019

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Will lenders thwart Naresh Goyal's bid for backdoor entry to Jet's cockpit?

Jet Airways founder's expression of interest in debt resolution plan puts banks that ousted him as chairman in a fix while reports of PMO's interest add to uncertainty

Apr 13, 2019

How much is Facebook spending to keep Zuckerberg safe?

Mark Zuckerberg was awarded $9,956,847 in 2018 as the pre-tax income for security and personal travel. He was given an extra $10 million for his family's security.

Apr 13, 2019