Companies News

UK court orders extradition of Vijay Mallya but what's next?

UK court orders extradition of Vijay Mallya but what's next?

Despite the most-recent order for his extradition, bringing Vijay Mallya back to India may be some time away.

Dec 10, 2018, 18:57 PM IST
Great day for India: Arun Jaitley on extradition order against Vijay Mallya

Great day for India: Arun Jaitley on extradition order against Vijay Mallya

Finance minister Arun Jaitley on Monday hailed a UK court's order for the extradition of absconding liquor baron Vijay Mallya to India.

Dec 10, 2018, 18:44 PM IST
Vijay Mallya will be extradited to India, rules UK judge

Vijay Mallya will be extradited to India, rules UK judge

Vijay Mallya is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.

Dec 10, 2018, 17:52 PM IST
Vijay Mallya arrives in court for extradition case; says his offer to banks 'not bogus'

Vijay Mallya arrives in court for extradition case; says his offer to banks 'not bogus'

Chief Magistrate Judge Emma Arbuthnot is expected to give her verdict on whether Mallya can be extradited to India to stand trial on the charges brought by the CBI and ED.

Dec 10, 2018, 16:07 PM IST
Kotak Mahindra challenges RBI decision on preference shares

Kotak Mahindra challenges RBI decision on preference shares

Uday Kotak has been asked by the Reserve Bank of India to lower his holding in the lender to 20 percent by this year-end.

Dec 10, 2018, 12:48 PM IST
UK court likely to decide on Vijay Mallya's extradition; CBI team to attend hearing

UK court likely to decide on Vijay Mallya's extradition; CBI team to attend hearing

The case will be heard by Westminster Magistrates' Court in London on Monday.

Dec 10, 2018, 06:25 AM IST
Uber India to double techies in workforce in 2019

Uber India to double techies in workforce in 2019

Uber will double its workforce in the product and engineering departments at its Bengaluru and Hyderabad facilities next year.

Dec 08, 2018, 11:41 AM IST
Supreme Court orders forensic audit of all 74 Unitech group companies

Supreme Court orders forensic audit of all 74 Unitech group companies

The Court has asked the forensic auditor to be present before it next Friday.

Dec 07, 2018, 17:41 PM IST
SC notice to ED on Mallya's plea against proceedings to declare him fugitive economic offender

SC notice to ED on Mallya's plea against proceedings to declare him fugitive economic offender

The ED moved the special court seeking to declare the London based industrialist a fugitive economic offender under the Fugitive Economic Offender Act 2018.

Dec 07, 2018, 12:38 PM IST
HCL Tech to acquire select IBM software products for $1.8 billion

HCL Tech to acquire select IBM software products for $1.8 billion

The transaction, subject to "completion of applicable regulatory reviews", is slated to close by mid-2019, HCL Technologies said in a statement.

Dec 07, 2018, 11:16 AM IST
Maharashtra government orders demolition of Nirav Modi's beach-facing bungalow in Alibaug

Maharashtra government orders demolition of Nirav Modi's beach-facing bungalow in Alibaug

Modi, a key accused in the USD 2 billion Punjab National Bank fraud case, has fled the country.

Dec 07, 2018, 11:00 AM IST
IndiGo first Indian carrier to have 200 aircraft in its fleet: Airline

IndiGo first Indian carrier to have 200 aircraft in its fleet: Airline

The Gurgaon-based no-frills carrier, which enjoys over 40 per cent of the total domestic traffic, had inducted the 100th aircraft on December 24, 2015.

Dec 07, 2018, 10:09 AM IST
NBCC, Kotak among 4 shortlisted bidders for Jaypee Infra; L&T Infra out of race

NBCC, Kotak among 4 shortlisted bidders for Jaypee Infra; L&T Infra out of race

Jaypee Infratech is undergoing insolvency proceedings in the NCLT.

Dec 06, 2018, 13:00 PM IST
Airline companies could soon be penalised for misbehaving, poor services

Airline companies could soon be penalised for misbehaving, poor services

Recent reports of passengers complaining about airline services is believed have given rise to a need for stricter punishment for companies.

Dec 06, 2018, 09:24 AM IST
Jet Airways gives up to 30% discount on domestic, international during end of year global sale

Jet Airways gives up to 30% discount on domestic, international during end of year global sale

The ‘Happy holidays year-end global sale’ offer will be open for booking from December 5 to December 11.

Dec 05, 2018, 18:28 PM IST
Jet Airways introduces 65 new weekly services on international, domestic routes

Jet Airways introduces 65 new weekly services on international, domestic routes

The airline said that it has added a daily direct frequency from Pune to Singapore making it the first airline to do so.

Dec 05, 2018, 18:23 PM IST
Novartis India MD to step down

Novartis India MD to step down

The company's board has requested the nomination and remuneration committee to identify and recommend a suitable successor for the role, it added.

Dec 05, 2018, 16:27 PM IST
ABB enables trial of remotely operated passenger ferry

ABB enables trial of remotely operated passenger ferry

In the remote trial, ABB successfully tested the enhancement of ship operations with technologies that are already available for nearly any kind of vessel.

Dec 05, 2018, 15:44 PM IST
DoT likely to appoint firms to audit revenues of pvt telcos by month-end

DoT likely to appoint firms to audit revenues of pvt telcos by month-end

The audit will be carried-out to check for any under-reporting of revenue by telecom companies, and is expected to be wrapped-up by middle of next year.

Dec 05, 2018, 13:34 PM IST
S&P downgrades Tata Motors, JLR credit ratings

S&P downgrades Tata Motors, JLR credit ratings

Tata Motors' issue credit rating and senior unsecured notes rating have been been revised to 'BB-/negative.

Dec 05, 2018, 13:28 PM IST