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Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

Insolvency proceedings initiated against Jet Airways

Jet Airways owes more than Rs 8,000 crore to banks, and thousands of crores more in arrears to vendors, lessors and...

23 Jun 2019 4:11 PM IST

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business

Amazon invests Rs 450 cr in India payments unit

Amazon Corporate Holdings has pumped in Rs 449.95 crore, while the remaining came from Amazon.com.incs Ltd.

23 Jun 2019 12:43 PM IST

Traditional distribution account for close to 90 per cent of Usha Internationals revenue but now the company has drawn a strategy to increase organised retails share rapidly.

Usha International toying with franchisee model

Now organised retail account for Rs 300 crore sales out of Rs 3,000 crore topline of the company.

23 Jun 2019 11:01 AM IST

The Federation of Auto-mobile Dealers Association or FADA, the apex body of the lobby, said the inventory levels have come down, but are still high by its estimate.

Auto industry united in seeking GST rate cut on vehicles: SIAM

Commercial vehicle as well as two and three-wheeler manufacturers are united in seeking lower GST on vehicles.

22 Jun 2019 11:56 AM IST

McDonalds is an American fast food chain. (Photo: PTI)

CPRL reopens more McDonald's outlets in Delhi-NCR

CPRL on May 20 had announced the reopening of 13 restaurants in Delhi NCR.

22 Jun 2019 11:23 AM IST

Once activated, the in-app SOS button generates a trigger alert to OYOs Safety Response Team with the guest, booking, location and emergency contact details.

Oyo Townhouse to have 400 properties by year end

Going ahead, the company wants to have 400 properties under the brand.

22 Jun 2019 7:34 AM IST

Discussing with banks to provide foreign currency loans to exporters:...

Government is taking steps to boost growth of economy with an aim to take it to USD 5 trillion in next 5 years, said...

21 Jun 2019 8:14 PM IST

State Bank of India

Jet Airways: Etihad's demands for open offer waiver, slots pledge not...

SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.

21 Jun 2019 8:03 PM IST

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focused on monetising assets within, Railway Minister Piyush Goyal said. (Photo: PTI)

Group constituted for resolving ecommerce issues: Piyush Goyal

The policy addresses broad areas of e-commerce ecosystem such as infra development, market places, regulatory issues...

21 Jun 2019 7:46 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways scrip boomerangs, sways 100 pc amid lows and highs

A ban imposed by BSE on the futures and options contracts on Jet Airways shares lapsed on Friday.

21 Jun 2019 3:08 PM IST

Indiabulls Real Estate posted a 95 per cent decline in its consolidated net profit at Rs 108.56 crore for the fourth quarter of the last fiscal as against Rs 2,181.13 crore in the year-ago period, according to a regulatory filing.

Indiabulls Housing Finance-Lakshmi Vilas Bank merger gets CCI nod

In April this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance in a share-swap deal.

21 Jun 2019 11:24 AM IST

L&T to get 3 seats on Mindtree Board; Subroto Bagchi to step down

Mindtree said L&T CEO and MD S N Subrahmanyan will join its Board as Non-Executive Director with effect from July 16.

21 Jun 2019 9:52 AM IST