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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)Business
Airtel slashes call rates to Bangladesh, Nepal by up to 75 per cent

Calls to Bangladesh will now be charged at only Rs 2.99 per minute.

25 March 2019 2:25 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.Business
Creditors-company negotiations better than insolvency: govt official...

In afternoon trade, shares of Jet Airways rose nearly three per cent to Rs 232.35 on the BSE.

25 March 2019 1:36 PM IST

Pepsico India Chairman and CEO D Shivakumar has resigned from the company after serving for nearly four years and will join Aditya Birla Group.Business
Varun Beverages gets CCI nod to acquire PepsiCo's franchise rights

In February, VBL had announced its plans to acquire franchise rights of PepsiCo in southern and western regions.

25 March 2019 12:48 PM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.Business
Barclays, TCS team up to help children with locomotor disabilities

VHAB solution is essentially a digital assistive platform that improves physiotherapy regimen for children with...

25 March 2019 12:26 PM IST

Jet Airways Chairman Naresh Goyal.Business
Jet Airways founder Naresh Goyal may step down as chairman today:...

The formal announcement on the Goyals exit is anticipated later today.

25 March 2019 10:36 AM IST

In 2017, OLX ran the program across 20 cities touching over 3,000 dealers.Business
Olx to focus on biz expansion for now; monetisation after clocking...

The company reached break-even in the financial year 2018 with profit after tax of around Rs 15 crore.

25 March 2019 9:18 AM IST

Uber has been seeking new avenues of growth, including food delivery services, even as it battles intense competition in its core business of ride hailing.Business
Uber could announce USD 3 bn deal with Careem early this week: sources

Uber will pay USD 1.4 billion in cash and USD 1.7 billion in convertible notes.

25 March 2019 8:36 AM IST

BSNL and MTNLBusiness
DoT asks state govts not to disconnect BSNL, MTNL electricity...

BSNL has already cleared 90 per cent of its power dues and is expected to clear the rest in the next 15-20 days.

25 March 2019 8:35 AM IST

Cab aggregator Ola on Tuesday announced the acquisition of end-to-end public transport ticketing and commuting app, Ridlr.Business
Karnataka govt nixes suspension of Ola Cabs licence

Suspension was lifted after the executives of Ola Cabs had a detailed discussion with state chief secretary T M Vijay...

25 March 2019 8:27 AM IST

NCLAT has upheld the previous order of the Chandigarh bench of NCLT, which had imposed a cost of Rs 1 lakh on Liberty House citing casual approach.Business
NCLAT sets aside Jyoti Structures liquidation, asks NCLT to consider...

"The case is remitted to NCLT, Mumbai to approve the plan..." said NCLAT in its order.

24 March 2019 4:52 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTIBusiness
RCE pledges 12.50 cr shares of RCom with IndusInd Bank

RCE held 49.06 crore shares in RCom amounting to 17.74 pc stake, of which it had previously pledged 4.85 pc.

24 March 2019 4:40 PM IST

\Patel is an accused in the case and is the brother-in-law of the main accused in the case, the Sandesara brothers (Nitin and Chetan Sandesara). He is expected to be extradited to India soon,\ officials said.Business
Rs 8,100 cr bank fraud case: ED to send LRs to 21 countries for...

The LRs will also be send to Albania, where the court recently allowed the ED to send extradition requests.

24 March 2019 3:41 PM IST

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