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Flipkart CEO Binny Bansal.Business
Bansal's easing out from Flipkart stumps all

Walmart communicated Bansal's exit in a strange and bizarre fashion.

16 Nov 2018 10:26 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Tata Sons board may meet on Friday to decide on Jet Airways takeover

The airline also putting as many as six of its Boeing 777s on sale to part-fund liquidity.

15 Nov 2018 6:02 PM IST

Customer preference shifting towards lifestyle and recreational cycling driven by increasing awareness, rising fuel prices and increased rural demand.Business
Hero Cycles registers 15 pc growth in the first 7 months of FY19

Hero Cycles sales grew from 2.7 million units to 3.1 million units.

15 Nov 2018 3:38 PM IST

The iconic Air India building on Queens necklace in Mumbai may be consumed by the survival woes of the national carrier.Business
Air India eyes Rs 800 crore from sale of over 70 properties

As per the plan, Air India had to the garner funds to the tune of Rs 5,000 crore between April 2014 and March 2021.

15 Nov 2018 12:59 PM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)Business
Infosys to hire 500 American techies in Texas

Infosys in May 2017 said it would hire 10,000 American workers by 2019.

15 Nov 2018 11:00 AM IST

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.Business
Vodafone Idea to pump in Rs 25,000 cr, reports Rs 4,973 cr loss

The pro-forma revenue derived without considering the alignment of accounting policies, stood at Rs 12,023 crore.

15 Nov 2018 10:32 AM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
Yes Bank chairman Ashok Chawla resigns

The bank will name a new chairman near-term, subject to an approval from the Reserve Bank of India.

15 Nov 2018 10:17 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.Business
ICICI Bank ups retail term deposit rates by up to 0.25 pc

The bank will offer 7.50 per cent interest on deposits under Rs 1 crore for a tenor of above two years up to three...

14 Nov 2018 5:42 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.Business
IDBI Bank loss widens to Rs 3,602 crore in Q2

Total income of the bank was also down at Rs 6,162.14 crore in the reported quarter as against Rs 8,302.42 crore.

14 Nov 2018 4:35 PM IST

Fortis Healthcare boardBusiness
IHH assumes control of Fortis, board approves Rs 4,000 cr preferential...

The board also approved the appointment of four IHH nominees on Fortis board.

14 Nov 2018 10:48 AM IST

Flipkart CEO Binny Bansal.Business
Stunned Bansal denies charges, will remain on Flipkart board

Binny Bansal has strongly refuted the allegations of serious personal misconduct.

14 Nov 2018 10:39 AM IST

The Subhash Chandra-led Essel Group is diversifying into the cruise shipping segment and has drawn up plans to invest up to USD 2 billion in the business.Business
Chandras to sell 50 pc of Zee Entertainment, reap Rs 8,758 cr

At Tuesday's closing price of Rs 438.2 per share, total holding is worth Rs 17,517.49 crore.

14 Nov 2018 10:27 AM IST

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