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Extradition request of Vijay Mallya given to UK High Commission, Britain govt has to act now: Govt Extradition request of Vijay Mallya given to UK High Commission, Britain govt has to act now: Govt

The Ministry of External Affairs (MEA) informed that it has handed over the extradition request of Vijay Mallya as received from the Central Bureau of Investigation (CBI) to the UK High Commission.

Ola CFO Rajiv Bansal, CMO Raghuvesh Sarup quit Ola CFO Rajiv Bansal, CMO Raghuvesh Sarup quit

Cab aggregator Ola continues to see top management churn with its CFO Rajiv Bansal and Chief Marketing Officer Raghuvesh Sarup putting in their papers.

Air India operations head taken off flying duty Air India operations head taken off flying duty

Acting on aviation regulator DGCA's orders, Air India has taken off flying duties its operations department head for skipping the mandatory pre-flight medical test.

Snapdeal's Shopo to shut up shop from tomorrow Snapdeal's Shopo to shut up shop from tomorrow

Snapdeal-owned marketplace Shopo will close down from February 10, after a year and a half of operations.

Vijay Mallya sacked from United Breweries board Vijay Mallya sacked from United Breweries board

India`s United Breweries has fired indebted beer baron Vijay Mallya from his non-executive chairman role following an order from the country`s market regulator.

Efforts on to ensure trouble at Infosys does not escalate: Report Efforts on to ensure trouble at Infosys does not escalate: Report

Singapore-based fund manager, some other influential people including a prominent investor in the company Baburaj Pillai, are making continuous efforts to calm down the trouble in the company.

Another setback for Vijay Mallya: United Breweries asks him to step down from board Another setback for Vijay Mallya: United Breweries asks him to step down from board

The board of United Breweries Wednesday asked Vijay Mallya to step down as its non-executive chairman following a SEBI order which barred the embattled businessman from holding directorship in any listed company.

Vodafone-Idea merger to boost margin; credit positive: Report Vodafone-Idea merger to boost margin; credit positive: Report

The proposed merger between Vodafone and Idea Cellular is a credit positive for the telecom sector and will push the combined entity's margins up by around 3 percentage points on cost synergies, India Ratings said today.

AirAsia India to start international operations by mid 2018 AirAsia India to start international operations by mid 2018

AirAsia India is likely to commence international operations from the second half of the next calendar year as it is expected to have a fleet of 20 aircraft by mid 2018.

Singapore-based arbitrator to preside over RIL-ONGC dispute Singapore-based arbitrator to preside over RIL-ONGC dispute

Singapore-based arbitrator Prof Lawrence Boo has been named as the presiding judge of a three- member arbitration panel that will go into the validity of government's demand of USD 1.55 billion compensation from Reliance Industries for "unfairly" producing ONGC's gas.

You won't believe what Air India cabin crew members did in a London hotel! You won't believe what Air India cabin crew members did in a London hotel!

To fly in the air across countries and continents is a dream many dream of and when one is a cabin crew of an airline, this opportunity comes sooner than it can be.

Infosys defends pay hike to Vishal Sikka, says decision in company's interest Infosys defends pay hike to Vishal Sikka, says decision in company's interest

IT major Infosys on Wednesday defended pay hike to chief executive Vishal Sikka and the severance package of two former senior executives saying all decisions were made "in the overall interest of the company", amid reports of simmering differences between the CEO and its founders.

Aircel-Maxis Case: Public prosecutor withdraws plea from SC Aircel-Maxis Case: Public prosecutor withdraws plea from SC

The apex court asked Grover, whether he would approach to the Delhi High Court as it was the order which was passed by the lower court to which he withdrew his petition.

Mallya loan default case: CBI court to announce order on February 10 Mallya loan default case: CBI court to announce order on February 10

This is a case were IDBI bank employees allegedly sanctioned about Rs 900 crore loan to KFA while it was having a low credit rating.

Govt scouts for valuers for Hindustan Prefab, PDIL assets

The government is scouting for asset valuers to undertake valuation of two unlisted PSUs -- Projects & Development India Ltd (PDIL), and Hindustan Prefab.

Airtel to simplify shareholding structure in foreign arms Airtel to simplify shareholding structure in foreign arms

Telecom major Bharti Airtel on Wednesday said it is restructuring shareholding pattern of foreign subsidiaries to simplify structure and bring in synergies between the companies.

Adani appoints Purdie as CEO for rewnewable energy unit in Australia Adani appoints Purdie as CEO for rewnewable energy unit in Australia

Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy player in the country.

All is not well at Infosys? Founders raise governance concerns with board All is not well at Infosys? Founders raise governance concerns with board

The founders of Infosys Ltd , India`s second-biggest software services exporter, have informed the company`s board that they have certain corporate governance concerns.

Aircel-Maxis case: Supreme Court to hear ED's plea today Aircel-Maxis case: Supreme Court to hear ED's plea today

The Enforcement Directorate (ED) on February 3 had moved the Apex Court against the special court`s order on the case which discharged Maran brothers and other accused without furnishing the bail bond properly.

Air India expected to post improved profit for 2016-17: Govt Air India expected to post improved profit for 2016-17: Govt

Having reported an operating profit of Rs 105 crore for 2015-16 fiscal, Air India is expected to post an improved operating profit margin this year as well, even as liquidity constraints continue to impact the smooth performance of the national carrier, government said today.