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  Business   Companies  16 Oct 2017

Business, Companies, 16 Oct 2017

Air India disinvestment: Govt keen on selling airline to domestic buyer

Earlier in the year, the Union Cabinet gave in-principle approval to go ahead with the disinvestment of the loss-making carrier.

16 Oct 2017 9:01 PM

Airtel Payments Bank customers can now make secure payments

These cashless payments can be made via smartphones (MyAirtel App) as well as feature phones.

16 Oct 2017 7:56 PM

Diwali special: Airtel's iPhone offer starts at Rs 7,999 down payment

The company will sell other devices as well through its online store and the handsets will come bundled with monthly mobile service plans.

16 Oct 2017 7:35 PM

34 new shopping malls to come up by 2020 in 8 cities: Cushman

Hyderabad will see maximum 11 malls by 2020, followed by Delhi-NCR 8 malls.

16 Oct 2017 5:44 PM

Reliance Retail to be biggest challenger to Amazon, Flipkart: Pai

Pai said funding for startups has become discerning, except for large companies to which big firms are pouring in money.

16 Oct 2017 4:37 PM


Telco competition to remain intense over 12-18 months: Moody's

Bharti Airtel announced last week it was acquiring consumer mobile business of Tata's telecom arms.

16 Oct 2017 3:24 PM

Hong Kong skyscraper sold for record USD 5.15 billion

Li's CK Asset sold its 75 percent stake in The Centre, which is located in the city's bustling Central district.

16 Oct 2017 2:41 PM

Leslie Thng takes over as Vistara CEO; replaces Phee Teik Yeoh

Thng started his career with Singapore Airlines in 1999 and has held many senior positions at the carrier.

16 Oct 2017 2:25 PM

Vodafone's Diwali scheme offers 90GB for just Rs 399, valid for 6 months

The plan, which is aimed at pre-paid users of Vodafone, also includes free voice calls.

16 Oct 2017 1:42 PM

Airtel's takeover of Tata Tele beneficial but raises integration risk: S&P

The S&P Global Ratings note added however that it expects Bharti to be able to manage the integration risk.

16 Oct 2017 1:26 PM


Flipkart in talks to buy stake in BookMyShow: report

The talks are at a preliminary stage and may see Flipkart picking up a significant minority stake in BookMyShow, said sources.

16 Oct 2017 12:45 PM

Bharti Airtel, Millicom close deal to combine Ghana ops

Deal will create Ghana's second largest mobile operator with 10 million subscribers and $300 mn revenue.

16 Oct 2017 11:05 AM

Mallya's link with Panama Papers emerges amid his extradition case in UK

Report says Mallya gave 89 of 99 shares in IQ Bridge, Mauritius, to Liberia's Lombard Wall Corporate Services Inc.

16 Oct 2017 9:52 AM

RIL exits from overseas oil and gas block

With this, the oil-to-telecom conglomerate is left with no conventional oil and gas property overseas.

16 Oct 2017 2:56 AM