Leading Taiwanese chip designer MediaTek Inc, said on Thursday it will triple its workforce in India within three years to 1,500 from more than 500 as it expands research and software development as well as customer service operations.
S&P Global Ratings and Moody's Investors Service on Thursday said their ratings on Adani Transmission is unaffected by the company's announcement to acquire Reliance Infrastructure's (RInfra) operational transmission assets.
Indian police said Wednesday they had detained and questioned more than 750 bogus call centre workers accused of stealing millions of dollars from American citizens by posing as United States tax officials.
BP will soon start local sales of aviation turbine fuel.
OIL, Indian Oil Corp and a unit of Bharat Petroleum Corporation (BPCL) bought 29.9 percent stake in Taas-Yuryakh oilfield in East Siberia for USD 1.12 billion and another 23.9 percent in Vankor oilfield for USD 2.02 billion.
ONGC Videsh Ltd (OVL) Wednesday got government nod to raise its stake in Russia's second biggest oil field of Vankor by 11 percent at an investment of USD 930 million.
Spectrum auction has received bids worth Rs 63,000 crore so far on the fourth day on Wednesday for around 40 per cent of mobile frequencies put up for sale but telecom operators continued to ignore highly priced 4G radiowaves in 700 Mhz and 900 Mhz bands.
Reliance Infrastructure Ltd Wednesday said it has signed a binding term sheet agreement to sell its power transmission assets to Adani group firm ATL for over Rs 2,000 crore to cut debt.
Drug firm Merck Ltd on Wednesday said its whole time directors Brijesh Kapil and Ali Sleiman have resigned from the Board.
The cabinet has approved ONGC Videsh`s purchase of an additional 11 percent stake in Russia`s Vankor oil fields from Rosneft for $930 million, raising the Indian firm`s stake in the project to 26 percent, a government statement said.
Ambiga Subramanian, the estranged wife of Rajaram, in a statement, however, put to rest rumours about her starting a competitive firm.
In a bid to ensure continuous access to mobility, taxi aggregator Ola on Tuesday announced the launch of Ola Offline in four metro cities. The new feature will enable customers to book a cab even without Internet on their smartphones.
The much-hyped spectrum auction crawled on the third day today, adding Rs 4,097 crore of bids to take total commitments to Rs 60,969 crore but over 60 per cent of the airwaves remained unsold as premium 4G bands found no takers.
Beleaguered businessman Vijay Mallya has no intention to return to India and his passport was revoked due to his own conduct, the Enforcement Directorate told a Delhi court today.
The four - day sale will commencing on October 4 be open till midnight of October 7.
The consortium of banks had approached the apex court seeking its intervention in bringing back Mallya to India and also the repayment of money which the beleaguered businessman had taken.
In a bid to woo customers in a fiercely competitive telecom market, Vodafone on Monday announced a three-month free subscription for Vodafone Play -- an app that offers videos, movies, TV shows and music -- for all customers.
Amid controversy over advertisements for discounts by online retailers like Amzaon and Flipkart, an official said these business propositions are to attract buyers and are not in violation of e-commerce guidelines.
India Post Payments Bank, which plans to commence operations next year, has started the process of recruitment for key positions such as Chief Executive Officer, Managing Director and Chief Technology Officer.