Companies News

Two helicopters of Kingfisher Airlines auctioned for Rs 8.5 crore

Two helicopters of Kingfisher Airlines auctioned for Rs 8.5 crore

The e-auction was held in Bengaluru.

Sep 20, 2018, 11:00 AM IST
I-T Dept inspects books of Jet Airways

I-T Dept inspects books of Jet Airways

The full service carrier, which is grappling with financial woes, is already under the scanner of markets regulator Sebi and the Corporate Affairs Ministry for various alleged lapses.

Sep 20, 2018, 10:21 AM IST
IndiGo introduces first daily flight from Amritsar to Dubai

IndiGo introduces first daily flight from Amritsar to Dubai

Indigo will also operate flights between Kolkata-Cochin and Bangalore-Pune. Both services will commence from October 2018.

Sep 20, 2018, 09:36 AM IST
Flipkart introduces cardless credit, gives instant credit line of upto Rs 60,000 to customers

Flipkart introduces cardless credit, gives instant credit line of upto Rs 60,000 to customers

Instant access to credit line is based on scores derived from customer behavior on Flipkart.

Sep 20, 2018, 09:29 AM IST
No free meal service for Jet Airways economy light and economy deal flyers

No free meal service for Jet Airways economy light and economy deal flyers

However, on international flights, all features and benefits under First class, Première and Economy remain unchanged.

Sep 19, 2018, 16:21 PM IST
Cabinet approves equity infusion of RCF in Talcher Fertilizers

Cabinet approves equity infusion of RCF in Talcher Fertilizers

TFL has been formed to set up a coal gasification based fertilizer project at Talcher, District Angul, Odisha.  

Sep 19, 2018, 16:04 PM IST
Flipkart Internet gets over Rs 3462-crore infusion from Singapore entity

Flipkart Internet gets over Rs 3462-crore infusion from Singapore entity

The fund infusion -- done in two tranches -- will provide more ammunition to Flipkart, which is locked in an intense battle with US-based Amazon for leadership in the burgeoning Indian e-commerce

Sep 19, 2018, 13:50 PM IST
LIC yet to seek open offer exemption for IDBI takeover: Sebi

LIC yet to seek open offer exemption for IDBI takeover: Sebi

On August 1, the Cabinet Committee of Economic Affairs also cleared the proposal under which the city-headquartered bank will become a subsidiary of LIC.

Sep 19, 2018, 13:49 PM IST
Vistara announces 24-hours only flash sale, get tickets at just Rs 999

Vistara announces 24-hours only flash sale, get tickets at just Rs 999

Bookings under the sale are open for travel between 27 September 2018 and 10 April 2019.

Sep 19, 2018, 10:32 AM IST
India's largest law firm had details of Nirav Modi's dealings with PNB, under scrutiny

India's largest law firm had details of Nirav Modi's dealings with PNB, under scrutiny

PNB in January alleged that billionaire diamond jeweller Nirav Modi and his uncle had for years fraudulently raised billions of dollars in foreign credit by conspiring with staff at the bank.

Sep 19, 2018, 06:22 AM IST
ICICI Bank seeks settlement through consent on Kochhar issue, says Sebi chief

ICICI Bank seeks settlement through consent on Kochhar issue, says Sebi chief

Sebi Chairman Ajay Tyagi also said that the bank has sought to settle the issues related to Chanda Kochhar through consent mechanism.

Sep 18, 2018, 17:54 PM IST
RCom to exit telecom fully to focus on realty: Anil Ambani

RCom to exit telecom fully to focus on realty: Anil Ambani

RCom owes over Rs 40,000 crore to a group of 38 lenders, including Chinese banks, and was resolving the debt through a strategic debt restructuring (SDR) process.

Sep 18, 2018, 17:01 PM IST
Air India likely to mop up Rs 3-4 thousand crore via asset monetisation

Air India likely to mop up Rs 3-4 thousand crore via asset monetisation

Air India has asked NBCC to prepare a Detail Projects Report on monetisation of its various assets within a month's time.

Sep 18, 2018, 16:22 PM IST
Infosys loses arbitration over severance package; ordered to pay Rs 12.17 crore to ex-CFO

Infosys loses arbitration over severance package; ordered to pay Rs 12.17 crore to ex-CFO

Bansal's severance payout has been one of the issues that Infosys founders had raised to allege governance lapses at the Bengaluru-based firm.

Sep 18, 2018, 13:29 PM IST
LinkedIn names India's 25 most attractive startups in 2018, Oyo tops the chart

LinkedIn names India's 25 most attractive startups in 2018, Oyo tops the chart

Out of the 25 companies on the list, 11 are headquartered in Bengaluru, seven in Mumbai, three in Gurugram and two each in New Delhi and Pune.

Sep 18, 2018, 13:18 PM IST
Supreme Court allows Karti Chidambaram to travel abroad for daughter's admission

Supreme Court allows Karti Chidambaram to travel abroad for daughter's admission

Karti is facing proceedings in cases like Aircel-Maxis, INX media and money laundering matters.

Sep 18, 2018, 11:35 AM IST
Vodafone Idea to merge Aditya Birla Telecom

Vodafone Idea to merge Aditya Birla Telecom

The scheme is subject to approval of the National Company Law Tribunal, Ahmedabad.

Sep 18, 2018, 10:47 AM IST
Dena Bank, Vijaya Bank and Bank of Baroda to be merged

Dena Bank, Vijaya Bank and Bank of Baroda to be merged

The announcement comes from Financial Services Secretary Rajiv Kumar during a press conference with FM Arun Jaitley on the status of the country's economy.

Sep 17, 2018, 18:48 PM IST
Infosys arm buys Salesforce advisor Fluido for $76 million

Infosys arm buys Salesforce advisor Fluido for $76 million

Global software major Infosys on Friday said its consulting arm acquired Fluido Oy, a leading Salesforce advisor and consulting firm in Finland, for $76 million to help its clients in digital

Sep 15, 2018, 12:19 PM IST
NCLT allows Shivinder to withdraw plea against elder brother Malvinder

NCLT allows Shivinder to withdraw plea against elder brother Malvinder

A two-member bench of NCLT headed by its Chairman Justice M M Kumar Friday allowed Shivinder to withdraw his plea.

Sep 14, 2018, 17:29 PM IST

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