Companies News

Led by Ambani, richest 831 collectively own a quarter of GDP

Led by Ambani, richest 831 collectively own a quarter of GDP

There was a massive, 157 percent spike in the number of women in the list, which grew to 136.

Sep 26, 2018, 15:38 PM IST
IL&FS will not be allowed to collapse, all options open: LIC chief

IL&FS will not be allowed to collapse, all options open: LIC chief

The Life Insurance Corporation (LIC) has the largest shareholding in IL&FS.

Sep 26, 2018, 15:35 PM IST
Videocon Telecom lenders invite bids under insolvency law

Videocon Telecom lenders invite bids under insolvency law

The company is running business of national and international long distance licences, and e-KYC licence.

Sep 26, 2018, 15:32 PM IST
Yes Bank forms panel to select new CEO, seeks more time for Rana Kapoor

Yes Bank forms panel to select new CEO, seeks more time for Rana Kapoor

The RBI last week rejected the bank`s request to extend Rana Kapoor`s tenure for three years and said he could continue until January 31, 2019.

Sep 26, 2018, 10:34 AM IST
Richest Indians 2018 list: Mukesh Ambani tops 'BHI Rich List' for 7th time in a row

Richest Indians 2018 list: Mukesh Ambani tops 'BHI Rich List' for 7th time in a row

Mukesh Ambani has been declared the richest Indian for the 7th time in row.

Sep 25, 2018, 19:55 PM IST
ED 'resisted' my efforts to repay banks: Vijay Mallya tells PMLA court

ED 'resisted' my efforts to repay banks: Vijay Mallya tells PMLA court

Mallya has been charged by the ED of defaulting on bank loans to the tune of Rs 9,000 crore.

Sep 24, 2018, 23:00 PM IST
SpiceJet launches daily direct flights between Shirdi to New Delhi

SpiceJet launches daily direct flights between Shirdi to New Delhi

The SpiceJet also announced the launch of four new flights to Maharashtra.

Sep 24, 2018, 19:15 PM IST
Flipkart may appoint new group CEO in place of Binny Bansal: Report

Flipkart may appoint new group CEO in place of Binny Bansal: Report

Walmart is considering both internal and external candidates for the position of group CEO.

Sep 24, 2018, 16:50 PM IST
Nitin Sandesara, man behind Rs 5,000 crore bank fraud, may have fled to Nigeria

Nitin Sandesara, man behind Rs 5,000 crore bank fraud, may have fled to Nigeria

It is alleged that Sandesara took loans of over Rs 5,000 crore from a consortium led by Andhra Bank.

Sep 24, 2018, 12:03 PM IST
Vijay Mallya submits reply on Enforcement Directorate's plea to declare him a fugitive economic offender

Vijay Mallya submits reply on Enforcement Directorate's plea to declare him a fugitive economic offender

A Mumbai court will hear the matter at 2.45 pm on Monday.

Sep 24, 2018, 11:56 AM IST
Reliance Jio signs deal with Star India to provide cricket content

Reliance Jio signs deal with Star India to provide cricket content

Jio and Star will make all televised India-cricket matches available to users of JioTV and Hotstar in India.

Sep 21, 2018, 17:03 PM IST
Reliance shuts offshore oil-producing field in Krishna-Godavari basin

Reliance shuts offshore oil-producing field in Krishna-Godavari basin

The closure marks the beginning of the end of the company`s first foray into oil and gas exploration and production that started in September 2008 when the field produced first oil.

Sep 21, 2018, 14:54 PM IST
Moody's affirms Yes Bank's ratings; outlook stable

Moody's affirms Yes Bank's ratings; outlook stable

The rating agency has also maintained the outlook on the ratings as stable.

Sep 20, 2018, 18:30 PM IST
Fitch revises Tata Motors outlook to negative

Fitch revises Tata Motors outlook to negative

It affirmed the long-term issuer default rating of Tata Motors' at 'BB+'.

Sep 20, 2018, 18:26 PM IST
SBI not right candidate to take over more banks: Chairman

SBI not right candidate to take over more banks: Chairman

SBI last year merged with itself five of its subsidiary banks and taking over Bharatiya Mahila Bank, catapulting it to be among top 50 global lenders.

Sep 20, 2018, 18:16 PM IST
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

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