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Vijay Mallya dismisses speculation of Force India sale Vijay Mallya dismisses speculation of Force India sale

In an interview with talkSPORT radio broadcast on Friday, the flamboyant liquor and aviation tycoon said he remained in for the long haul despite his legal problems with the Indian government.

No fresh plane order till clarity on privatisation: Air India

National carrier Air India on Friday said it will not place any order for new aircraft till there is clarity on its future course, including possible privatisation.

CCI rejects Airtel's complaint against RIL, Reliance Jio

Fair trade regulator CCI on Friday rejected Bharti Airtel's complaint alleging anti-competitive practices by Reliance Industries and Reliance Jio, saying no case could be made out against the Mukesh Ambani-led firms.

Govt may approve one more PSU bank consolidation by March

Enthused by the success of SBI merger, the Finance Ministry is considering clearing another such proposal in the public sector banking space by this fiscal end with a goal to create 4-5 global sized lenders.

SBI raises Rs 15,000 cr from QIP SBI raises Rs 15,000 cr from QIP

India`s largest bank State Bank of India (SBI) has successfully completed raising of Rs 15,000 crore from qualified institutional placement (QIP), a top bank official said on Friday.

PepsiCo launches India made Doritos from Bengal

PepsiCo introduced multi billion brand--Doritos in India through imports with few cities to test the growing segment of the snack market.

Trump's policies could have adverse impact on business: Wipro

IT major Wipro Ltd has listed US President Donald Trump's policies as a risk factor that could impact its business, citing promotion of "greater restrictions on free trade" among key worrying points.

Infosys denies reports of co-founders selling stake Infosys denies reports of co-founders selling stake

Infosys denied media reports suggesting that its co-founders, including N R Narayana Murthy, were planning to sell their entire stake in the company.

Are Narayana Murthy and Nandan Nilekani selling their stake in Infosys? Are Narayana Murthy and Nandan Nilekani selling their stake in Infosys?

Co-founders of Infosys are exploring a sale of their entire 12.75% stake in the company worth about Rs 28,000 crore.

Amazon likely to get soon official nod for FDI in food retail Amazon likely to get soon official nod for FDI in food retail

US retail giant Amazon's proposed USD 500 million investment in retail of food products in India would soon get official nod, an official said.

Apple seeks changes in phased manufacturing programme for setting up unit in India Apple seeks changes in phased manufacturing programme for setting up unit in India

iPhone maker Apple has sought modifications in the government's phased manufacturing programme (PMP) as it plans to set up a manufacturing unit in the country.

ZEEL buys balance 49% in India Webportal for Rs 197 crore ZEEL buys balance 49% in India Webportal for Rs 197 crore

Zee Entertainment Enterprises Ltd (ZEEL) on Thursday said it is acquiring the balance 49 per cent equity stake in its subsidiary India Webportal Pvt Ltd for USD 30.7 million (Rs 197.47 crore) to consolidate the digital business.

Walmart India launches toll-free GST helpline

The Goods and Services Tax (GST) will roll out from July 1.

Banks need Rs 95K crore capital, stressed assets to rise: Moody's Banks need Rs 95K crore capital, stressed assets to rise: Moody's

Stressed assets of Indian banks will increase through 2019 and capitalisation will remain a key credit weakness for state-owned lenders which will need up to Rs 95,000 crore additional capital over the next two years.

'Enough AI assets to match debt;govt should resist cheap sale' 'Enough AI assets to match debt;govt should resist cheap sale'

Air India's tangible and intangible assets can well match its over Rs 52,000 crore debt burden and the government should resist a "distress sale" of the carrier, according to sources at the airline.

SpiceJet to operate 8 new flights from July SpiceJet to operate 8 new flights from July

The airline said it will operate new direct flights on Hyderabad-Jaipur, Jaipur-Guwahati and Hyderabad-Chandigarh routes, effective from July 1.

Cairn approaches international panel for injunction against I-T dept Cairn approaches international panel for injunction against I-T dept

Cairn Energy plc has approached an international arbitration panel seeking an injunction against Indian income tax department initiating proceedings to recover Rs 10,247 crore in retrospective tax.

HUL CEO Sanjiv Mehta takes home Rs 14.20 crore in FY17 HUL CEO Sanjiv Mehta takes home Rs 14.20 crore in FY17

FMCG major Hindustan Unilever Managing Director and CEO Sanjiv Mehta received a pay package of Rs 14.20 crore for the last fiscal, even with no increase in his salary from the previous year.

GM dealers plan class action suit over 'measly' compensation GM dealers plan class action suit over 'measly' compensation

Dealers of General Motors, which has decided to stop selling vehicles in India by year-end, are gearing up to drag the auto major to court while also exploring possibility of a class action suit in the US, over "measly" compensation.

Max Life, HDFC Life 'committed to merger', weighing options Max Life, HDFC Life 'committed to merger', weighing options

Max India on Thursday said Max Life and HDFC Life remain committed to merger and are evaluating various options after the insurance regulator Irdai again expressed reservations on the deal.