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Vodafone Idea names Ravinder Takkar as CEO

Vodafone Idea names Ravinder Takkar as CEO

Ravinder Takkar has been appointed for three years effective Aug. 19, Vodafone Idea said.

Aug 19, 2019, 17:46 PM IST
SpiceJet, IndiGo to operate from Terminal 3 from September 5

SpiceJet, IndiGo to operate from Terminal 3 from September 5

While SpiceJet will shift its operation from T2 to T3 entirely, IndiGo will partially move its operation from T2 to T3.

Aug 19, 2019, 16:53 PM IST
ED sends notice to former FM P Chidambaram in Aviation scam case

ED sends notice to former FM P Chidambaram in Aviation scam case

The case pertains to purchase of 111 aircraft from Boeing and Airbus at Rs 70,000 crore, ceding of profitable routes and schedules to private airlines and opening of training institutes with foreign

Aug 19, 2019, 15:35 PM IST
Paytm promotes CFO Madhur Deora as President

Paytm promotes CFO Madhur Deora as President

Prior to joining Paytm in October 2016, Deora served as Managing Director in Citigroup's investment banking business.

Aug 19, 2019, 11:30 AM IST
Google removes 85 apps Play Store over hidden adware

Google removes 85 apps Play Store over hidden adware

Google has removed 85 apps from its Play Store after security researchers at Trend Micro found a particularly annoying adware hiding inside.

Aug 17, 2019, 13:21 PM IST
IL&FS cuts nearly 50% staff since October for cost cutting

IL&FS cuts nearly 50% staff since October for cost cutting

In its fifth progress report on the group`s resolution process and the way forward, submitted to the Mumbai-bench of the National Company Law Tribunal (NCLT), the company said that the measure has

Aug 14, 2019, 17:15 PM IST
Coffee Day to sell Bengaluru tech park to Blackstone, cut debt

Coffee Day to sell Bengaluru tech park to Blackstone, cut debt

The announcement comes weeks after the company`s founder was found dead in a river in southern India, sparking speculation that he was under intense financial strain and prompting the company to look

Aug 14, 2019, 16:57 PM IST
Reliance to become zero net-debt company in 18 months: Mukesh Ambani

Reliance to become zero net-debt company in 18 months: Mukesh Ambani

RIL Investments of nearly Rs 5.4 Lakh crore over the last five years will generate EBITDA in excess of USD 1 billion annually for over a decade.

Aug 12, 2019, 17:51 PM IST
Air India to fly Delhi-San Francisco over North Pole

Air India to fly Delhi-San Francisco over North Pole

The first commercial service will be operated by Captain Ranjeesh Sharma and Captain Digvijay Singh.

Aug 12, 2019, 15:07 PM IST
Reliance Jio, Microsoft announce alliance to accelerate digital transformation in India

Reliance Jio, Microsoft announce alliance to accelerate digital transformation in India

As part of this new agreement Jio will provide its internal workforce with cloud-based productivity and collaboration tools available with Microsoft 365 and will migrate its non-network applications

Aug 12, 2019, 13:54 PM IST
Saudi Aramco to invest $75 billion in Reliance's oil to chemicals business: Mukesh Ambani

Saudi Aramco to invest $75 billion in Reliance's oil to chemicals business: Mukesh Ambani

Addressing the 42nd annual general meeting Ambani said it is the biggest foreign investment for Reliance and one of the largest for India.

Aug 12, 2019, 12:23 PM IST
SpiceJet posts record profit as Jet downfall drives demand

SpiceJet posts record profit as Jet downfall drives demand

Domestic air traffic growth has been slowing in recent months in a flagging economy, but the downfall of Jet Airways, once the country`s largest private carrier, this year has helped SpiceJet and

Aug 09, 2019, 14:48 PM IST
Aircel-Maxis case: Court extends interim protection from arrest to Karti, P Chidambaram till August 23

Aircel-Maxis case: Court extends interim protection from arrest to Karti, P Chidambaram till August 23

Central Burau of Investigation and Enforcement Directorate, probing the matter, have time and again objected to Chidambarams getting protection from arrest, stating that it is becoming increasingly

Aug 09, 2019, 13:56 PM IST
Wipro wins 5-year deal from Canadian airport operator ADM

Wipro wins 5-year deal from Canadian airport operator ADM

ADM operates YUL Montreal-Trudeau International Airport, the third largest airport in Canada, and YMX International Aerocity of Mirabel.

Aug 08, 2019, 17:27 PM IST
Reliance enters into JV with BP to set up 5,500 petrol pump outlets in India in 5 years

Reliance enters into JV with BP to set up 5,500 petrol pump outlets in India in 5 years

This joint venture will also include RIL’s aviation fuels business, which currently operates at over 30 airports across India, providing participation in this rapidly-growing market, the company said

Aug 07, 2019, 10:32 AM IST
DHFL seeks repayment moratorium, assures ''no haircut on principal''

DHFL seeks repayment moratorium, assures ''no haircut on principal''

In its resolution plan, the company has also sought funding from banks and the National Housing Bank for starting retail funding activity.

Aug 06, 2019, 16:18 PM IST
Indigo promoter Rakesh Gangwal sets up website for relevant updates, airline calls it unauthorised

Indigo promoter Rakesh Gangwal sets up website for relevant updates, airline calls it unauthorised

Rakesh Gangwal stated in his letter of August 5, 2019 that he has set up a website to update “relevant information” as needed.

Aug 06, 2019, 13:29 PM IST
Vistara announces daily flight to Bangkok from 27 August, return tickets start at Rs 16,940

Vistara announces daily flight to Bangkok from 27 August, return tickets start at Rs 16,940

This is Vistara third international flight after connecting Singapore and Dubai from India.

Aug 06, 2019, 13:01 PM IST
DishTV India ensures uninterrupted TV services in Jammu & Kashmir by providing 'Auto Pay-later' facility

DishTV India ensures uninterrupted TV services in Jammu & Kashmir by providing 'Auto Pay-later' facility

This move will allow unhindered Dish TV and d2h service for a period of 4 days beyond recharge date so that subscribers may keep themselves abreast and updated on the latest news and other content.

Aug 05, 2019, 20:59 PM IST
Maruti Suzuki cuts temporary jobs to cope with slowdown in auto sales

Maruti Suzuki cuts temporary jobs to cope with slowdown in auto sales

The vehicle industry, accounting for nearly half of India`s manufacturing output, is facing one of its worst slowdowns in nearly a decade, with vehicle sales falling rapidly. 

Aug 03, 2019, 07:17 AM IST