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Air India, SpiceJet give massive discounts on tickets; price starts at Rs 777 Air India, SpiceJet give massive discounts on tickets; price starts at Rs 777

While Air India is giving one ticket free for every booking in First Class and Business Class, SpiceJet would be offering tickets priced as low as Rs 777 on select routes.

Snapdeal founders take 100% salary cut Snapdeal founders take 100% salary cut

Snapdeal co-founders Kunal Bahl and Rohit Bansal have taken a 100 percent salary cut, while many others at the firm have "proactively" offered significant reduction in compensation.

 Fashion-etailer Myntra to now manage Mango business; curate 25 retail stores Fashion-etailer Myntra to now manage Mango business; curate 25 retail stores

Fashion e-tailer Myntra on Wednesday said it has bagged a master distribution and management rights for Spanish fashion brand Mango in India.

 

India Inc to see 9.5% salary hike this year India Inc to see 9.5% salary hike this year

Employees in India are expected to get an average salary hike of just 9.5 percent this year, lower than last year, while top performers will get lucrative hikes as companies are focusing on performance.

TDS default: I-T dept issues over 850 prosecution notices

The Income Tax department has issued over 850 prosecution notices to firms in the private and government domain in Karnataka and Goa on charges of delay in remitting TDS funds to the exchequer.

I benefited from USA’s enlightened immigration policy: Satya Nadella I benefited from USA’s enlightened immigration policy: Satya Nadella

On issue of Donald Trump's immigration policies, Nadella said that the US stands for diversity as it's the 'land of immigrants.'

 Snapdeal to lay off 600 people across e-commerce, logistics and payments operations over next few days Snapdeal to lay off 600 people across e-commerce, logistics and payments operations over next few days

Around 600 people will be laid off by e-commerce major Snapdeal across its e-commerce, logistics and payments operations over the next few days.

 

RIL shares surge to 8-year high on plans for Jio RIL shares surge to 8-year high on plans for Jio

As investors welcomed plans by the Jio's telecom unit to begin charging for its services at discounted rates, Shares of Reliance Industries Ltd rose as much as 7.7 percent to a more than seven-and-a-half-year high.

ONGC takes $239 million hit from royalty payments ONGC takes $239 million hit from royalty payments

Oil and Natural Gas Corp will take a 16 billion rupee ($239 million) hit to its quarterly earnings to account for previous royalty payments to two states.

No communication on Axis-Kotak merger: Finmin sources No communication on Axis-Kotak merger: Finmin sources

The Finance Ministry has not received any communication with regard to reported merger of Kotak Mahindra Bank and Axis Bank, a senior official said.

Satya Nadella meets PM, IT minister; discusses digital inclusion Satya Nadella meets PM, IT minister; discusses digital inclusion

The India born CEO also participated in a round table at NITI Aayog on tapping into cloud computing for good governance in the country.

About 82,000 millionaires shifted overseas in 2016: Report About 82,000 millionaires shifted overseas in 2016: Report

An estimated 11,000 millionaires moved to Australia in 2016 compared to 10,000 that moved to the US and 3,000 that moved to the UK.

Celebrate India's success stories: Mohandas Pai Celebrate India's success stories: Mohandas Pai

India needs to "celebrate" success stories of "heroes" like Dhirubhai Ambani and NR Narayana Murthy who have created wealth for the country and jobs for millions, former Infosys executive TV Mohandas Pai said on Tuesday.

Open offers by companies up 14% to Rs 9,676 cr in 2016 Open offers by companies up 14% to Rs 9,676 cr in 2016

A total of 57 open offers for shares worth Rs 9,676 crore were made by the companies in the last year, latest data by Sebi showed.

Aggrieved by free voice calls of RJio: Vodafone to HC Aggrieved by free voice calls of RJio: Vodafone to HC

Vodafone India told Delhi HC that it was aggrieved by the free voice services being provided by Reliance Jio as it violated TRAI's tariff orders.

N Chandrasekaran chairs first Board meeting as Chairman, Tata Sons

After his appointment as the Chairman earlier today, Natarajan Chandrasekaran chaired his first Board Meeting of Tata Sons Limited."Chandra has successfully displayed his leadership in his career at Tata Consultancy Services.

Jio crossed 100-million subscribers mark in just 170 days: Mukesh Ambani Jio crossed 100-million subscribers mark in just 170 days: Mukesh Ambani

Reliance Jio has crossed the 100 million customers mark in 170 days of launch, its Chairman Mukesh Ambani said today as he announced a slew of offers, including 20 percent more data than any rival from April.

IT companies ganged up to keep freshers' salary low: Mohandas Pai IT companies ganged up to keep freshers' salary low: Mohandas Pai

India's big IT services companies have ganged up to keep salary of freshers low taking advantage of oversupply of software engineers at the entry level, says industry veteran T V Mohandas Pai.

N Chandrasekaran takes over as new Chairman today, says Tatas will lead, not follow N Chandrasekaran takes over as new Chairman today, says Tatas will lead, not follow

Tata veteran N Chandrasekaran on Tuesday took over as the chairman of Tata Sons, promising to deliver "industry leading" performance in all its businesses.

India-UK govt discuss legal options to extradite Vijay Mallya? India-UK govt discuss legal options to extradite Vijay Mallya?

In what could not be another set of disturbing news for Vijay Mallay, the Ministry of External Affairs is reportedly in talks with a 5-member government delegation from the United Kingdom discussing legal options of bringing the liquor baron back to India and face justice.