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Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Promoters may be allowed to bid

The Union Cabinet may take up the proposed ordinance during its meeting scheduled for April 25.

25 April 2018 3:00 AM IST

The Enforcement Directorate (ED) is set to register three separate cases to probe the alleged irregularities in certain contracts awarded by the Delhi governments Public Works Department (PWD).

ED to attach assets worth Rs 15,000 crore under ordinance

The ED is the empowered agency to enforce the new ordinance.

25 April 2018 3:00 AM IST

The fact is even high skilled jobs seem to be in peril as AI improves and the mechanics of robots assume more chilling dimensions.

Amazon has a top secret plan to build home robots

The retail and cloud computing giant has embarked on an ambitious, top-secret plan to build a domestic robot.

24 April 2018 7:35 PM IST

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Airtel Q4 net profit tumbles 78 per cent to Rs 83 crore

Total revenue for FY2017-18 stood at Rs 83,688 crore, down by 12.3 per cent than the previous financial year.

24 April 2018 7:26 PM IST

Intex Technologies, a major consumer electronics company, on Tuesday launched a new range of air-conditioners, with the use of eco-friendly refrigerants.

Intex launches new range of air-conditioners

The ACs come in 14 models across three categories.

24 April 2018 7:19 PM IST

Online travel agency MakeMyTrip and e-commerce giant Flipkart have tied up for online bookings of hotels and flights.

Discount on direct sellers' products by e-com players hits industry

IDSA said the advantage of home delivery and cash on delivery options on e-commerce platforms have diluted sales of...

24 April 2018 7:10 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Malaysia's IHH makes binding offer to invest Rs 650 cr in Fortis

IHH has also demanded that it be given the right to appoint two directors on the board of Fortis.

24 April 2018 5:56 PM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices rise to USD 75 a barrel, highest since 2014

One of the factors limiting the oil rally is rising US production.

24 April 2018 4:54 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India signs USD 210 million loan pact with World Bank

The project will cover 10,510 km stretch of rural roads in Madhya Pradesh that fall under the CMGSY programme.

24 April 2018 4:32 PM IST

As part of the partnership, Foodpanda would facilitate the Chuk range of products with partner restaurants.

Foodpanda, PhonePe partner to strengthen digital payment portfolio

Through the partnership, consumers will be able to choose from several payment options.

24 April 2018 4:25 PM IST

Private lender IndusInd Bank on Tuesday announced a pilot program with WhatsApp enterprise solution in India to communicate with its customers.

BFIL seeks SEBI nod for merger with IndusInd Bank

In October last, IndusInd Bank had decided to acquire the country's leading micro-finance player BFIL.

24 April 2018 4:20 PM IST

The government on Tuesday said the electoral bonds, which are used to make anonymous political donations, carry a serial number as part of in built security feature.

3rd tranche of electoral bonds sale from May 1: Finance ministry

Electoral bonds are being pitched as an alternative to cash donations made to political parties.

24 April 2018 4:16 PM IST