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VILs debt from banks and financial institutions stood at Rs 23,400 crore. (Photo: PTI)Business
Telecom relief eases default risk for banks

However, bankers said they are awaiting the plan of action from the telecom companies to assess the situation

16 Sept 2021 7:24 AM IST

\Seven passengers on Sundays Air India Delhi-Auckland flight have tested positive for COVID-19 three days after arrival,\ New Zealand government official said. (PTI)Business
Tata Group makes financial bid for Air India sale

The government declined to share any details on expectations from the sale of Air India

15 Sept 2021 7:31 PM IST

Britains economy shrank by one fifth in the second quarter, more than any European neighbour, as the lockdown plunged the country into its deepest recession on record. Amazon, which has already created 3,000 new permanent UK roles this year, said it will offer more than 20,000 seasonal positions across the country ahead of the festive period. (Photo | AFP)Business
Amazon boosts hourly pay to over $18, to hire 125,000 workers

Amazon did not give exact figures, but a $1 raise on a $17-per-hour wage would amount to about a 6% hike

14 Sept 2021 5:37 PM IST

Gaurav Gupta was designated as a co-founder in 2019, and headed the supply function at Zomato. (Photo: Twitter)Business
Zomato co-founder Gaurav Gupta resigns

Gaurav Gupta's exit comes days after Zomato decided to stop its grocery delivery service from September 17

14 Sept 2021 2:03 PM IST

Supreme Court made clear to the Centre on Friday that it would not pass any order on the plea seeking closure of cases against two Italian marines. (PTI Photo)Business
Debt resolution plan can't be withdrawn: SC

The court held that the 330 days outer limit of the CIRP under Section 12(3) of the IBC can be extended only in...

14 Sept 2021 8:55 AM IST

Kotak Special Situations Fund (KSSF) has invested Rs 200 crore in the form of equity in TVS SCS, which is a leading third-party logistics (3PL) services provider with global operations. LinkedInBusiness
TVS family gets Rs 800 crore to raise stake in Supply Chain

Under the transaction, KSSF financed TS Rajam Rubbers Private Limited with Rs 800 crore in the form of non-convertible...

14 Sept 2021 8:50 AM IST

Now, the cases heard by the Supreme Court have anywhere between two and 30 parties. Who decides who will be unmuted? (PTI)Business
ITC not admissible for services: SC

Hearing appeals on the contradictory judgements by Gujarat and Madras high courts, SC urged the GST Council to take a...

14 Sept 2021 8:43 AM IST

Jet Airways aircraft (PTI File)Business
Jet Airways to start domestic operations in Q1 2022

The airline aims to launch short-haul international flights by the third-fourth quarter of 2022

13 Sept 2021 1:29 PM IST

Google and Amazon said they will work with UK regulators in their investigation. (AFP Photo)Business
Google brings accelerator programme for digital news startups in India

The 16-week programme is tailored to the needs of startup newsrooms in India

9 Sept 2021 3:28 PM IST

Reliance Industries Limited (RIL) and ITC were the other frontline companies that suffered a drop in their market capitalisation (m-cap) for the week ended Friday.Business
Smartphone Launch seen as Trigger For RIL Stock

Reliance is not lonely at the top, with TCS' market capitalisation only Rs 1.13 lakh crore lower

7 Sept 2021 1:47 AM IST

Sachin BansalBusiness
Sachin Bansal moves HC against ED notice

ED sent notice to Flipkart, Sachin Bansal and Binny Bansal and investor Tiger Global asking why they should not face a...

4 Sept 2021 8:06 AM IST

The acquisition at 2.5 times the embedded value (of Exide Life) is still 30-35 per cent cheaper than what other listed life insurers are trading at, Padalkar said. Representational image/TwitterBusiness
HDFC Life to take over Exide LIfe for Rs 6.7K cr

Once the share issue happens, Exide Industries will be on-boarded as shareholder in HDFC Life and will have 4.1% stake...

4 Sept 2021 7:56 AM IST

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