Companies News

Jio unveils world’s 1st native Video Call Assistant at India Mobile Congress 2019

Jio unveils world’s 1st native Video Call Assistant at India Mobile Congress 2019

Reliance Jio Infocomm Ltd (Jio) on Monday (October 14) unveiled its patent-filed innovation – an Artificial Intelligence (AI) based Video Call Assistant (Bot) at India Mobile Congress (IMC) 2019.

Oct 14, 2019, 18:47 PM IST
Delhi HC reserves order on Ranbaxy ex-promoter Malvinder Singh's plea against seeking quashing of FIR

Delhi HC reserves order on Ranbaxy ex-promoter Malvinder Singh's plea against seeking quashing of FIR

Malvinder Mohan Singh, who was arrested on Thursday, had earlier today moved the court seeking quashing of the case registered against him. The EOW has also arrested his brother Shivinder, Sunil

Oct 11, 2019, 14:35 PM IST
Former Ranbaxy promoter Shivinder Mohan Singh arrested in Rs 700 crore fraud case

Former Ranbaxy promoter Shivinder Mohan Singh arrested in Rs 700 crore fraud case

It may be recalled that Shivinder Mohan Singh and Malvinder Mohan Singh were booked by Economics Offence Wing of Delhi Police in March 2019 on charges of cheating, criminal conspiracy and breach of

Oct 10, 2019, 18:02 PM IST
TCS Q2 profit falls 1%, announces special dividend at Rs 40 per share

TCS Q2 profit falls 1%, announces special dividend at Rs 40 per share

Tata Consultancy Services (TCS) on Thursday reported a 1% dip in its second-quarter profit at Rs 8,042 crore, missing expectations. The country's largest software services provider said that its

Oct 10, 2019, 17:49 PM IST
Now, Jio to charge 6 paise per minute for outgoing calls to other networks

Now, Jio to charge 6 paise per minute for outgoing calls to other networks

Jio said that it will charge customers 6 paise per minute for voice calls made to rival networks till interconnet usage charges (IUC) are eliminated.

Oct 09, 2019, 22:43 PM IST
GoAir announces non-stop flights to Singapore from Bengaluru, Kolkata; daily non-stop flights to Aizawl

GoAir announces non-stop flights to Singapore from Bengaluru, Kolkata; daily non-stop flights to Aizawl

The private airline announced that it will operate Bengaluru-Singapore-Bengaluru flights four days in a week which will be effective from October 19 onwards. 

Oct 09, 2019, 12:45 PM IST
SBI cuts lending rates by 10 bps, retail loans to get cheaper

SBI cuts lending rates by 10 bps, retail loans to get cheaper

The State Bank of India (SBI) on Wednesday announced lowering its marginal cost of funds based lending rate (MCLR) by 10 basis points across all tenors to 8.05 per cent from October 10. The MCLR cut

Oct 09, 2019, 12:25 PM IST
PMC Bank crisis: ED attaches HDIL promoters' private jet, jewellery

PMC Bank crisis: ED attaches HDIL promoters' private jet, jewellery

The Enforcement Directorate claimed on Saturday that it has attached a private jet and jewellery worth Rs 60 crore of Housing Development and Infrastructure Limited (HDIL) Chairman Rakesh Wadhawan

Oct 05, 2019, 22:25 PM IST
PMC bank scam: Joy Thomas sent to police custody till October 17

PMC bank scam: Joy Thomas sent to police custody till October 17

A local court here sent Joy Thomas, the suspended Managing Director of the Punjab and Maharashtra Co-operative (PMC) Bank, to police custody till October 17 on Saturday.

Oct 05, 2019, 15:37 PM IST
Joy Thomas, former MD of PMC bank, arrested by Mumbai Police's Economic Offence Wing

Joy Thomas, former MD of PMC bank, arrested by Mumbai Police's Economic Offence Wing

The Mumbai Police's Economic Offence Wing (EOW) on Friday arrested Joy Thomas, the former managing director (MD) of the Punjab and Maharashtra Cooperative (PMC) Bank, in the ongoing scam case. On

Oct 04, 2019, 18:58 PM IST
PMC Bank account holder can withdraw Rs 25,000 in six months as RBI enhances limit

PMC Bank account holder can withdraw Rs 25,000 in six months as RBI enhances limit

RBI Chief General Manager Yogesh Dayal in a press release stated that the decision has been taken after reviewing PMC Bank's liquidity position and in order to reduce the hardships faced by the

Oct 03, 2019, 20:58 PM IST
HDIL's Sarang Wadhawan, Rakesh Wadhawan arrested in PMC Bank scam

HDIL's Sarang Wadhawan, Rakesh Wadhawan arrested in PMC Bank scam

Out of the 44 bank accounts responsible for not paying back the huge loans taken from PMC Bank, 10 belonged to HDIL and the Wadhawans. Out of the 10 bank accounts, Sarang and Rakesh had one personal

Oct 03, 2019, 17:53 PM IST
This Navratri, IRCTC offers 'vrat ka khana' to passengers as part of e-catering menu

This Navratri, IRCTC offers 'vrat ka khana' to passengers as part of e-catering menu

Passengers will be able to avail this service through pre-ordered on IRCTC's e-catering website or "Food-on-track" app. The orders can be placed at least two hours before scheduled journey time with

Oct 02, 2019, 11:54 AM IST
DGCA to roll out Breath Analyzer test for non pilots from October 2

DGCA to roll out Breath Analyzer test for non pilots from October 2

The DGCA will roll out the Breath Analyzer Test from October 2 (Wednesday) at Ahmedabad,Bangalore, Bhubaneswar, Calicut, Chennai, Coimbatore, Delhi, Guwahati, Hyderabad, Jaipur, Kannur, Kolkata,

Oct 01, 2019, 14:11 PM IST
ZEE Entertainment Enterprises Ltd CEO Punit Goenka re-elected president of IAA India chapter

ZEE Entertainment Enterprises Ltd CEO Punit Goenka re-elected president of IAA India chapter

The IAA is the only globally-focused integrated advertising trade association in the world with membership representing advertisers, advertising agencies and the media. 

Oct 01, 2019, 11:06 AM IST
Finance Minister Nirmala Sitharaman urges Punjab & Maharashtra Cooperative Bank account holder to not say 'extreme things'

Finance Minister Nirmala Sitharaman urges Punjab & Maharashtra Cooperative Bank account holder to not say 'extreme things'

On September 23, the Reserve Bank of India had imposed regulatory restrictions on the PMC Bank for six months over alleged financial irregularities.

Oct 01, 2019, 10:43 AM IST
Mumbai police's EOW files FIR against officials of HDIL, Punjab & Maharashtra Co-operative Bank

Mumbai police's EOW files FIR against officials of HDIL, Punjab & Maharashtra Co-operative Bank

The Economic Offences Wing (EoW) of Mumbai Police has registered an FIR against senior officials of Housing Development and Infrastructure Ltd (HDIL) and Punjab and Maharashtra Cooperative (PMC)

Sep 30, 2019, 22:50 PM IST
Retailer Forever 21 to file for bankruptcy, close 178 US stores

Retailer Forever 21 to file for bankruptcy, close 178 US stores

Fast-fashion retailer Forever 21 Inc filed for bankruptcy late on Sunday, joining a growing list of brick-and-mortar companies that have succumbed to the onslaught of online sellers such as Amazon.

Sep 30, 2019, 22:05 PM IST
CPSUs to spend over Rs 1 lakh crore in FY20, told to clear dues by Oct 15: FM Nirmala Sitharaman

CPSUs to spend over Rs 1 lakh crore in FY20, told to clear dues by Oct 15: FM Nirmala Sitharaman

The FM said that the PSUs have been asked to set up a portal by October 15 to enable service providers, vendors and contractors to track bills and payments so that the liquidity crunch is mitigated.

Sep 28, 2019, 16:48 PM IST
Steel sector not witnessing any major slowdown: SAIL chairman Anil Kumar Chaudhary

Steel sector not witnessing any major slowdown: SAIL chairman Anil Kumar Chaudhary

Commenting on ratings given by different global rating agencies, SAIL chief Anil Kumar Chaudhary remarked that these agencies keep on changing their outlook with the change in circumstances.

Sep 23, 2019, 16:14 PM IST