close
This ad will auto close in 10 seconds
TRAI held our free offers as legitimate: Rjio to HC

Reliance Jio (RJIO) on Tuesday told Delhi High Court that telecom regulator TRAI has held that its free offers to subscribers was perfectly legitimate.

SpiceJet net dips 24.5% at Rs 181 cr on noteban, high fuel cost

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.

Infosys management did not make timely disclosures: Ex-CFO Pai Infosys management did not make timely disclosures: Ex-CFO Pai

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.

As inflation shoots up, India Inc seeks lower lending rates As inflation shoots up, India Inc seeks lower lending rates

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.

US pharma sector demands keeping India in patent violator list US pharma sector demands keeping India in patent violator list

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.

Tata Motors Q3 profit down 96%  to Rs 111.57 crore Tata Motors Q3 profit down 96% to Rs 111.57 crore

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.

Sun Pharma Q3 net profit slips 5% to Rs 1,471 crore Sun Pharma Q3 net profit slips 5% to Rs 1,471 crore

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 buys 26% stake in LNG vessel for Rs 100 crore Petronet buys 26% stake in LNG vessel for Rs 100 crore

 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.

S&P downgrades IDBI Bank to BB on very weak asset quality S&P downgrades IDBI Bank to BB on very weak asset quality

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.

Jet Airways Valentine's Day sale: Offers all-Inclusive fares starting at just Rs 999 Jet Airways Valentine's Day sale: Offers all-Inclusive fares starting at just Rs 999

The largest private sector airline Jet Airways has announced an all-inclusive domestic fare offer starting Rs 999.

This is how Reliance Jio rubbed salt into wounds of Airtel, Vodafone, Idea Cellular this Valentine's Day! This is how Reliance Jio rubbed salt into wounds of Airtel, Vodafone, Idea Cellular this Valentine's Day!

Reliance Jio's audacious telecom and 4G venture has dibalanced Airtel, Vodafone India and Idea Cellular

Is it good news for Indian IT sector as Trump favours merit-based immigration system? Is it good news for Indian IT sector as Trump favours merit-based immigration system?

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.

No more Rajiv Bansal-like situation, promises Infy chairman No more Rajiv Bansal-like situation, promises Infy chairman

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.

Aircel case in SC not going to impact merger: RCom

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.

NCLT begins hearing on maintainability of Mistry firms' pleas NCLT begins hearing on maintainability of Mistry firms' pleas

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.

Disappointed with Infy's explanation on issues: Balakrishnan

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 to get its first fuel-efficient A320Neo aircraft this week Air India to get its first fuel-efficient A320Neo aircraft this week

Air India has plans to induct a total of 29 A320 new engine option (Neo) into its fleet by March 2019.

GVK wins bid to develop second Mumbai airport

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.

CFO severance package was Infy Board's wrong judgement: Chairman CFO severance package was Infy Board's wrong judgement: Chairman

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

Infosys logs drop in hiring for first time in 33 years Infosys logs drop in hiring for first time in 33 years

Infosys had recruited about 6,000 people so far in the current fiscal as against 20,000 to 25,000 every year.