Companies News

Air India to suspend Delhi-Madrid, Delhi-Birmingham flights from March 16

Air India to suspend Delhi-Madrid, Delhi-Birmingham flights from March 16

The airline took to Twitter to make the announcement.

Mar 14, 2019, 00:12 AM IST
IBM chief Rometty says Indians lack skill sets to be employed

IBM chief Rometty says Indians lack skill sets to be employed

The USD 180-billion domestic software industry directly employs over 4 million.

Mar 13, 2019, 22:33 PM IST
SpiceJet cancels 14 flights for Wednesday as DGCA grounds Boeing 737 Max aircraft

SpiceJet cancels 14 flights for Wednesday as DGCA grounds Boeing 737 Max aircraft

The airline has around 12 such aircraft in its fleet.

Mar 13, 2019, 12:15 PM IST
Cairn holding in Vedanta down to 0.1% after tax dept sells 99% shares

Cairn holding in Vedanta down to 0.1% after tax dept sells 99% shares

Cairn in March 2015 initiated an international arbitration against the actions of the income tax department, during whose pendency, the attached shares were sold.

Mar 13, 2019, 10:51 AM IST
Blackstone-Embassy to launch India's first REIT on Mar 18 to raise up to Rs 4,750 cr

Blackstone-Embassy to launch India's first REIT on Mar 18 to raise up to Rs 4,750 cr

Embassy Office Parks, joint venture of Blackstone and Embassy, has entered into unit subscription agreements with strategic investors to allot them 2,92,08,800 units for Rs 876.3 crore.

Mar 13, 2019, 10:50 AM IST
DPIIT extends deadline for public comments on draft e-commerce policy

DPIIT extends deadline for public comments on draft e-commerce policy

The earlier deadline was March 9.

Mar 13, 2019, 10:49 AM IST
Jet Airways grounds another 4 planes due to non-payment

Jet Airways grounds another 4 planes due to non-payment

The airline has, however, not given the specific numbers of flights it has been cancelling every day due to the grounding of these planes.

Mar 13, 2019, 10:44 AM IST
Sri Lanka's Hatton National Bank selects Infosys Finacle for block-chain based transaction

Sri Lanka's Hatton National Bank selects Infosys Finacle for block-chain based transaction

Banks will be secure from technology evolution risks as the Finacle Trade Connect.

Mar 13, 2019, 10:39 AM IST
SpiceJet suspends Boeing 737 Max operations following DGCA ban

SpiceJet suspends Boeing 737 Max operations following DGCA ban

The airlines added that it is working towards attaining normalcy in operations and minimising passenger inconvenience.

Mar 13, 2019, 08:13 AM IST
Jet Airways grounds another four planes due to non-payment

Jet Airways grounds another four planes due to non-payment

The total number of aircraft taken out of operations due to severe liquidity crunch in the airline and its subsequent failure to pay rentals to various lessors now stand at 32.

Mar 12, 2019, 21:53 PM IST
Ebix offers to acquire Yatra Online for $7 per share

Ebix offers to acquire Yatra Online for $7 per share

Yatra Online, Inc is the parent company of Yatra Online Pvt Ltd.

Mar 12, 2019, 14:45 PM IST
Bharti Airtel to cut stake in Bharti Infratel

Bharti Airtel to cut stake in Bharti Infratel

Market analysts said this transfer of shares would eventually lead to sale of the stake to a third party and help Bharti Airtel raise money.

Mar 12, 2019, 14:42 PM IST
Goyal seeks Rs 750-cr lifeline from Etihad, warns delay may ground Jet Airways

Goyal seeks Rs 750-cr lifeline from Etihad, warns delay may ground Jet Airways

The airline holds 49.9 percent stake in the loyalty programme, while the majority is with Etihad.

Mar 11, 2019, 18:09 PM IST
PNB scam: ED files fresh charge sheet against Nirav Modi

PNB scam: ED files fresh charge sheet against Nirav Modi

The Enforcement Directorate (ED) had filed the first charge sheet in this case in May last year.

Mar 11, 2019, 16:30 PM IST
Jet Airways secures $293 million loan from PNB: Report

Jet Airways secures $293 million loan from PNB: Report

Jet said last week another three aircraft had been grounded due to its failure to make payments, taking the total number to 28, but it has not specified the lessors involved.

Mar 11, 2019, 10:12 AM IST
Sundar Pichai celebrates Women's Day, meets students in India

Sundar Pichai celebrates Women's Day, meets students in India

Later, he was seen spending time with kids who used the newly-launched Google`s reading tutor app "Bolo".

Mar 08, 2019, 18:07 PM IST
Nirav Modi's seaside bungalow demolished using explosives

Nirav Modi's seaside bungalow demolished using explosives

Modi's bungalow was attached by the ED following his involvement in the Punjab National Bank fraud case.

Mar 08, 2019, 12:38 PM IST
Singtel, promoters, GIC commit to participate in Bharti Airtel Rs 32K cr fund raise

Singtel, promoters, GIC commit to participate in Bharti Airtel Rs 32K cr fund raise

Singapore telecom major SingTel said it will infuse Rs 3,750 crore in Bharti Airtel by subscribing to the proposed Rs 25,000 crore rights issue of the company.

Mar 08, 2019, 10:39 AM IST
Draft e-commerce policy: DPIIT to extend deadline for seeking stakeholders' comments till March 31

Draft e-commerce policy: DPIIT to extend deadline for seeking stakeholders' comments till March 31

Some stakeholders from the online trading sector have already sought time beyond the original March 9 deadline to provide their comments.

Mar 08, 2019, 10:35 AM IST