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Vijay Mallya case: Karnataka HC summons beleaguered liquor baron to appear on November 24 Vijay Mallya case: Karnataka HC summons beleaguered liquor baron to appear on November 24

In a case involved with alleged violation of an undertaking given by beleaguered liquor baron Vijay Mallya, Karnataka High Court summoned him on Thursday. Mallya and his companies had earlier provided an undertaking to not transfer their equity shares in United Breweries to Diageo Plc.

Reliance Jio blames incumbent operators for 75% call failure on its network Reliance Jio blames incumbent operators for 75% call failure on its network

Charging incumbent operators of "anti-competitive behaviour", Reliance Jio Infocomm on Thursday said over 75 percent of calls on its network are still failing due to insufficient interconnection facility provided by other operators.

 

 Sahara to deposit Rs 200 crore with SEBI, seeks advancement of case hearing Sahara to deposit Rs 200 crore with SEBI, seeks advancement of case hearing

Sahara Group on Thursday told the Supreme Court that it would deposit Rs 200 crore with market regulator SEBI in pursuance of an earlier apex court direction and sought advancement of the hearing in the case.

Reliance Industries Q2 net profit drops 23% to Rs 7,206 crore Reliance Industries Q2 net profit drops 23% to Rs 7,206 crore

Reliance Industries on Thursday reported a 23 percent drop in its second quarter net profit as compared to last year's figure, which was boosted by income from sale of US shale gas assets.

Yes Bank reports a 31.3% jump in net profit to Rs 802 crore

The bank had recorded a net profit of Rs 610.4 crore in the corresponding quarter last fiscal, Yes Bank said in a statement.

Air India bribe case: CBI seeks to examine Canadian national Air India bribe case: CBI seeks to examine Canadian national

CBI sources said the agency has registered the case and dispatched Letters Rogatory, judicial requests to facilitate provision of information.

Mukesh Ambani's wealth equals Estonia's GDP, Azim Premji's networth more than Mozambique's: Forbes Mukesh Ambani's wealth equals Estonia's GDP, Azim Premji's networth more than Mozambique's: Forbes

Industrialist Mukesh Ambani, who has been named India's richest person for the 9th year in a row with a sharp increase in networth to USD 22.7 billion, has fortune that is equal to Estonia's GDP, says Forbes India.

Maggi noodles wins back market share on sustained recovery Maggi noodles wins back market share on sustained recovery

Global food and nutrition giant Nestle on Thursday said Maggi noodles in India has reported sustained recovery, regaining market share in the country almost a year after it was relaunched following a five-month ban in 2015.

India new active zone for Chinese IT investors after US: Chinese media

India has become an "action zone" for China's big-time investors like e-commerce giant Alibaba as its market attracted second highest Chinese funding in IT products next to the US, state media reported today.

NBCC stake sale at a floor price of Rs 246.50 begins; govt to raise Rs 2,200 cr NBCC stake sale at a floor price of Rs 246.50 begins; govt to raise Rs 2,200 cr

The stake sale is expected to fetch around Rs 2,200 crore to the exchequer.

Spot e-auction of coal to start today; 20 mt on offer Spot e-auction of coal to start today; 20 mt on offer

The auction will be conducted for four days beginning Thursday and run till October 25.

Air traffic up 23.5% in September; IndiGo top carrier with 40% market share Air traffic up 23.5% in September; IndiGo top carrier with 40% market share

As per an official data released on Wednesday, the month of September saw a 23.5 percent rise in the number of air passengers to 82.3 lakh as compared to the year-ago period.

Spectrum auction: Vodafone, Tatas pay Rs 12,499 crore to DoT for purchase

Telecom operators Vodafone and Tata Teleservices Wednesday made payments of Rs 10,100 crore and Rs 2,300 crore, respectively, to the government for spectrum they bought in the recently-concluded auction.

Air India reduces debt by Rs 5,000 crore last fiscal Air India reduces debt by Rs 5,000 crore last fiscal

As it works towards becoming fully profitable ahead of its schedule under the 10-year turnaround plan, the carrier has brought down its debt to around Rs 46,000 crore at the end of March this year.

SBI blocks over 600,000 debit cards after security risk SBI blocks over 600,000 debit cards after security risk

India's leading lender State Bank of India on Wednesday said it has blocked over 600,000 debit cards of its customers following a suspected security breach adding that it will issue fresh cards to them.

Salman Khan dropped as Coca Cola's Thums Up brand ambassador Salman Khan dropped as Coca Cola's Thums Up brand ambassador

Beverages major Coca Cola India has dropped Bollywood superstar Salman Khan as brand ambassador for its soft drink 'Thums Up' after four years of association and the company is in talks with young star Ranveer Singh to replace him.

Now, fly at fares as low as Rs 2,500 under govt's UDAN scheme Now, fly at fares as low as Rs 2,500 under govt's UDAN scheme

Come October 21 (Friday) and the aam aadmi can fly at fares as low as just Rs 2,500 under the government's UDAN (Udey Desh Ka Aam Nagrik) scheme.

Vijay Mallya's Goa Kingfisher Villa auction fails to get bidder Vijay Mallya's Goa Kingfisher Villa auction fails to get bidder

The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.

NBCC stake sale today; govt likely to raise Rs 2,200 crore NBCC stake sale today; govt likely to raise Rs 2,200 crore

Government will sell its 15 percent stake in state-owned construction company NBCC at a floor price of Rs 246.50 Thursday with an aim to raise Rs 2,200 crore.

Poor work-life balance leading to dissatisfaction with job, 80% looking for change Poor work-life balance leading to dissatisfaction with job, 80% looking for change

The findings of the 'Job Satisfaction 2016' survey by TimesJobs.Com revealed that 60 percent employees are not satisfied with their current job, while 80 percent said they are looking to switch jobs.