Reliance Jio (RJIO) on Tuesday told Delhi High Court that telecom regulator TRAI has held that its free offers to subscribers was perfectly legitimate.
Second largest low-cost carrier SpiceJet on Tuesday reported its eighth successive profitable quarter with a profit of Rs 181.1 crore for the three months to December, down 24.5 per cent from Rs 240 crore a year ago.
Even as Infosys management denies allegations on corporate governance deficit, its former chief financial officer T V Mohandas Pai on Tuesday accused it of not disclosing necessary details on Rajiv Bansal's exit with a high severance package of Rs 17.3 crore.
India Inc on Tuesday pitched for lower lending rates and nudged policymakers to take measures to improve the credit flow to manufacturing and infrastructure sectors as wholesale inflation rose at the fastest pace of 5.25 percent in two-and-a-half years in January.
America's pharma sector has asked US Trade Representative (USTR) to continue to keep India on its priority watch list (PWL) which includes countries that are alleged violators of US patent laws, claiming that the environment on the ground remains "challenging" in India.
Homegrown auto major Tata Motors on Tuesday reported 96.22 percent decline in consolidated net profit to Rs 111.57 crore for the December quarter, dragged down by losses in domestic operations and lower profit of its British arm JLR.
Drug major Sun Pharmaceutical today reported a 4.72 percent decline in its consolidated net profit to Rs 1,471.82 crore for the third quarter ended December 31, 2016.
Petronet LNG Ltd, India's largest liquefied natural gas importer, has bought a 26 percent stake in the shipping consortium that built its biggest LNG ship to transport gas form from Australia.
International rating agency Standard & Poor's today downgraded IDBI Bank to 'BB' citing "very weak asset quality" but maintained a stable outlook on the state-run lender.
The largest private sector airline Jet Airways has announced an all-inclusive domestic fare offer starting Rs 999.
Reliance Jio's audacious telecom and 4G venture has dibalanced Airtel, Vodafone India and Idea Cellular
President Donald Trump favours a merit-based immigration system that will benefit US economy and create jobs, the White House has said, in views that would be welcomed by Indian IT professionals and entrepreneurs.
Infosys Chairman R Seshasayee on Monday sought to allay concerns over ex-CFO Rajiv Bansal's severance pay, but admitted that the "judgement" could have differed if circumstances were different or if certain processes had been in place.
Telecom operator Reliance Communications on Monday hoped that the ongoing case against Maxis top officials will not impact the merger of its wireless business with that of Aircel.
The National Company Law Tribunal on Monday began hearing on maintainability of petitions filed by two firms controlled by Cyrus Mistry's family against his ouster from Tata Sons, the holding company of Tata Group.
Infosys former CFO V Balakrishnan on Monday said he was disappointed that the company did not offer "concrete answers" on matters like CEO compensation and severance pay to former executives, and insisted that the board need to take the "first step" to address the concerns raised.
Air India has plans to induct a total of 29 A320 new engine option (Neo) into its fleet by March 2019.
India`s GVK, which operates Mumbai`s airport, has won the contract to develop a second outside the financial capital to ease congestion and cater for surging demand.
The astronomical severance pay given to Infosys` former Chief Financial Officer (CFO) Rajiv Bansal was a "judgement" error made by the company board due to a subjective element that guided the drawing up of severance packages, Infosys Chairman R. Seshasayee on Monday