close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Companies News

Government to launch portal to help Jet Airways staff find jobs, in touch with SpiceJet and IndiGo

Government to launch portal to help Jet Airways staff find jobs, in touch with SpiceJet and IndiGo

The Civil Aviation Ministry is in touch with other private airlines such as SpiceJet and IndiGo to assist Jet staff get meaningful employment.

Jul 17, 2019, 09:22 AM IST
No enquiry yet in Indigo promoters feud by MCA

No enquiry yet in Indigo promoters feud by MCA

SEBI has sought the response from the company on allegations of Gangwal by July 19 while the board of Inter Globe Aviation, the promoter company of Indigo are also meeting on July 19 to consider the

Jul 16, 2019, 17:50 PM IST
OYO to open 50 Workspaces across India by year end

OYO to open 50 Workspaces across India by year end

The OYO Workspaces are equiped with Wi-Fi, in-house kitchen, housekeeping, storage and parking facilities for empoyees.

Jul 16, 2019, 16:57 PM IST
Re-opening of Pakistan airspace a boon for Air India; travel time, ATF cost go down

Re-opening of Pakistan airspace a boon for Air India; travel time, ATF cost go down

Not just flying time, the opening of airspace over the neighbouring country will also curtail the cost incurred on aviation turbine fuel.

Jul 16, 2019, 16:21 PM IST
OPPO appoints Sumit Walia as VP product, marketing in India

OPPO appoints Sumit Walia as VP product, marketing in India

The handset maker last week announced it will establish a new research and development centre in China as it aims to boost its R&D capabilities.

Jul 16, 2019, 16:04 PM IST
It will take 2-3 days for scheduling to use Pakistani airspace, says Air India official

It will take 2-3 days for scheduling to use Pakistani airspace, says Air India official

The Pakistan airspace had been shut in the aftermath of Indian Air Force airstrikes targeting terrorist posts in Balakot in February.

Jul 16, 2019, 12:55 PM IST
Amazon workers in US, Europe begin protests on Prime Day sale event

Amazon workers in US, Europe begin protests on Prime Day sale event

The protests across the US and European countries could become a massive headache for Amazon as thousands have begun demanding better pay and working conditions.

Jul 16, 2019, 10:16 AM IST
Vijay Mallya lashes out after Twitter users troll him with 'Chor' chants

Vijay Mallya lashes out after Twitter users troll him with 'Chor' chants

Cricketer Chris Gayle had posted a photo with Vijay Mallya but the tweet became a massive focal point for netizens on the micro-blogging site.

Jul 14, 2019, 11:22 AM IST
Infosys June-quarter profit rises 5%, beats estimates

Infosys June-quarter profit rises 5%, beats estimates

The company said on Friday net profit for the three months ended June 30 rose to 38.02 billion rupees from 36.12 billion rupees a year ago. Revenue from operations rose nearly 14%.

Jul 12, 2019, 16:36 PM IST
BSNL begins land monetisation, fair valuation at Rs 20,000 crore

BSNL begins land monetisation, fair valuation at Rs 20,000 crore

The state-run telecom major's corporate office has circulated a list of land parcels which are proposed for monetisation through the Department of Investment and Public Asset Management (DIPAM) in

Jul 11, 2019, 13:59 PM IST
Bombay HC dismisses Vijay Mallya's plea seeking protection from adverse action by govt agencies

Bombay HC dismisses Vijay Mallya's plea seeking protection from adverse action by govt agencies

In January this year, Mallya, had become the first businessman to be declared an FEO under the provisions of the new Fugitive Economic Offenders Act which came into existence in August 2018.

Jul 11, 2019, 13:00 PM IST
Vistara announces first international flight from India to Singapore

Vistara announces first international flight from India to Singapore

The airline announced introductory all-inclusive round-trip fares at Rs 21,877 for Delhi-Singapore-Delhi and Rs 20,778 Mumbai-Singapore-Mumbai.

Jul 11, 2019, 11:52 AM IST
TCS iON partners with AICTE to equip students with career skills

TCS iON partners with AICTE to equip students with career skills

With an intent to bridge this gap, TCS iON has curated a free, 20 hour-long career skills course that will cover topics such as corporate etiquette, effective email writing, impactful presentations,

Jul 10, 2019, 18:08 PM IST
Difference of opinion between promoters got nothing to do with airline: Indigo CEO to employees

Difference of opinion between promoters got nothing to do with airline: Indigo CEO to employees

Rakesh Gangwal, one of the co-founders of the airline, has alleged violation of corporate governance rules at Indigo, seeking regulatory intervention from market regulator Sebi.

Jul 10, 2019, 13:38 PM IST
IndiGo co-founder turns to SEBI over alleged corporate governance violation

IndiGo co-founder turns to SEBI over alleged corporate governance violation

The move appears to indicate that a boardroom dispute is escalating after a report in May that the co-founders and two largest shareholders of India`s largest airline were at odds over its expansion.

Jul 10, 2019, 12:45 PM IST
After banks, govt may recapitalise PSU insurers prior to restructuring

After banks, govt may recapitalise PSU insurers prior to restructuring

Sources in the Finance Ministry said that management consultancy firm Ernst & Young (EY) has been shortlisted to advise on restructuring of three general insurers and based on its report, the

Jul 10, 2019, 12:35 PM IST
TCS reports nearly 11% rise in first-quarter profit

TCS reports nearly 11% rise in first-quarter profit

The Mumbai-headquartered company said its net profit for the quarter ended June 30 rose to 81.31 billion rupees ($1.19 billion) from 73.40 billion rupees a year ago.

Jul 09, 2019, 17:54 PM IST
Ex Apple India Head launches start-up named 'Sofyx'

Ex Apple India Head launches start-up named 'Sofyx'

Sofyx, which was launched on Monday, would bring together the mobile reseller community along with other stakeholders like telecom operators, device manufacturers, distributors and other vendors on a

Jul 09, 2019, 17:46 PM IST
Delhi HC refuses to quash Look out Circular against Jet promoter Naresh Goyal

Delhi HC refuses to quash Look out Circular against Jet promoter Naresh Goyal

Naresh Goyal had moved High Court seeking direction to quash the LOC issued against him. He also sought the quashing of certain office memoranda issued against him.

Jul 09, 2019, 12:02 PM IST
SBI Capital Markets under CBI scanner for its alleged role in Sandesara Oil Resources loan case

SBI Capital Markets under CBI scanner for its alleged role in Sandesara Oil Resources loan case

The Sterling Group owned by the Sandesara family owes a total of Rs 15,600 crore to financial and operational creditors. While Sterling Biotech owes Rs 7,500 crore, Sterling SEZ owes Rs 8,100 crore.

Jul 09, 2019, 10:05 AM IST