Companies

Once bitten, twice shy: Roots of Etihad's reluctance over Jet Airways rescue plan

Etihad's non-binding expression of interest in Jet rescue plan is only the first step in a long and cautious journey for UAE national carrier in a bid to avoid pitfalls it stepped into earlier.

Apr 12, 2019

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

Naresh Goyal can offer an expression of interest in Jet's debt resolution plan and has a remote chance of returning to controlling role but will have uphill task convincing lenders to ignore possible objections of Etihad.

Apr 12, 2019

Does Goyal legacy make Jet investment a poisoned chalice for other airlines?

There were reports that Tata Sons, which has major stakes in Vistara and Air Asia India, might be interested in Jet Airways.

Apr 11, 2019

Amazon's super-app offering goods and services bouquet to spur new e-commerce war

Online retailer Amazon is set to leverage newly acquired Tapzo platform to develop super-app for online trade in products and services including flight ticket booking, food delivery and cab hire.

Apr 10, 2019

Downfall of Jet Airways: How India's premium airline crumbled

Jet Airways has posted losses in eight of the past 10 years and its share of the domestic passenger market has fallen to about 15.5% in 2018 from 22.5% in 2015. About 60%, or more than $600 mn, has been wiped off Jet's market value over the past year.

Apr 10, 2019

Meet billionaire CEOs Elon Musk, Mark Zuckerberg who receive annual salary of 1 dollar

Many executives of big companies, especially in Silicon Valley, see it as a point of prestige to not take a large salary. Instead, their earnings come in the form of bonuses and other compensation.

Apr 9, 2019

Jet Airways on borrowed time as investors cold to lenders' rescue plan

The SBI-led banks' consortium hints at investment possibility of up to 75% stake in debt-laden Jet while expression of interest is set to close on Wednesday.

Apr 9, 2019

Mukesh Ambani helped his younger brother Anil Ambani to pay off debt owed to Sweden's Ericsson

RCom insolvency: Ericsson in legal bind as NCLAT hints at lifting stay on case

Appellate company law court observes Ericsson will have to return to RCom Rs 550 crore it got following contempt proceedings in the Supreme Court if the stay on bankruptcy proceedings is lifted.

Apr 9, 2019

What's next for Vijay Mallya after UK court rejects plea against extradition?

Vijay Mallya, who is seeking refuge in the United Kingdom, will submit an appeal for the second time at the London court for an oral hearing.

Apr 9, 2019

Stake sale process of debt-ridden Jet Airways delayed as banks awaits RBI nod

In a bid to turnaround, the fortunes of beleaguered airline, Jet Airways board had decided a plan as per which the consortium of lenders, led by State Bank of India (SBI) would take over the airline's debt and convert it into 114 million shares for just Re 1.

Apr 7, 2019

L&T heads to US and EU for anti-trust watchdogs approvals for Mindtree takeover

After getting Indian competition czar's nod for buying a 66 per cent controlling stake in Mindtree, L&T needs approval in key markets for the Rs 10,700-crore acquisition.

Apr 7, 2019

Jet Airways crisis deepens, lessors ask DGCA to de-register more planes over 10 days

About six lessors are expected to apply to the Directorate General of Civil Aviation (DGCA) to de-register up to 15 planes that have already been grounded, over the next 10 days.

Apr 6, 2019

Mother Dairy's Rs 190 crore investment in IL&FS goes bad; seeks PM's intervention

The timing of investment is questionable as financial troubles of IL&FS were in the public domain at the time of Mother Dairy's investments.

Apr 5, 2019

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Axis Bank terminates over 50 mid-level managers to raise 'productivity and efficiency'

Axis Bank CEO Amitabh Chaudhry has introduced a series of structural changes in India's third largest private sector bank since his takeover in January.

Apr 5, 2019

Ranbaxy Malvinder Singh Shivinder Fortis

Will send you to jail in Daiichi-Ranbaxy case: SC warns Singh brothers

The Supreme Court bench headed by Chief Justice Ranjan Gogoi stated that it will now straightaway hear the contempt petition against the Singh brothers for non-payment of the arbitral award amount to Daiichi Sankyo and send them to jail if the violation of its orders is established.

Apr 5, 2019

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Companies

Once bitten, twice shy: Roots of Etihad's reluctance over Jet Airways rescue plan

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

Does Goyal legacy make Jet investment a poisoned chalice for other airlines?

Amazon's super-app offering goods and services bouquet to spur new e-commerce war

Downfall of Jet Airways: How India's premium airline crumbled

Meet billionaire CEOs Elon Musk, Mark Zuckerberg who receive annual salary of 1 dollar

Jet Airways on borrowed time as investors cold to lenders' rescue plan

RCom insolvency: Ericsson in legal bind as NCLAT hints at lifting stay on case

What's next for Vijay Mallya after UK court rejects plea against extradition?

Stake sale process of debt-ridden Jet Airways delayed as banks awaits RBI nod

L&T heads to US and EU for anti-trust watchdogs approvals for Mindtree takeover

Jet Airways crisis deepens, lessors ask DGCA to de-register more planes over 10 days

Mother Dairy's Rs 190 crore investment in IL&FS goes bad; seeks PM's intervention

Axis Bank terminates over 50 mid-level managers to raise 'productivity and efficiency'

Will send you to jail in Daiichi-Ranbaxy case: SC warns Singh brothers

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]