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The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

LIC seeks CCI nod for IDBI Bank deal

LIC has offered to acquire 2,04,15,12,929 equity shares, representing 26 per cent of the fully paid-up equity capital of...

31 Oct 2018 5:25 PM 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)

Few aircraft lessors have sent notices for payment defaults: Jet...

The airline has also delayed payment of salaries to its staff, including pilots.

31 Oct 2018 5:10 PM IST

Tata Motors is gearing up for Turnaround 2.0 to make its passenger vehicles (PV) financially self sustainable, buoyed by the success of its commercial vehicles (CV) in the last financial year, ended March 31.

Tata Motors posts Rs 1,009 crore loss for July-Sept

The company had reported a net profit of Rs 2,501.67 crore in the July-September quarter of 2017-18.

31 Oct 2018 4:17 PM IST

Youngsters are using WhatsApp to consume news. (Photo: Pixabay)

Focussed on security, privacy to help users communicate in everyday...

WhatsApp, however, had rejected India's demand for a solution to track the origin of messages on its platform.

31 Oct 2018 2:26 PM IST

The company had posted a net profit of Rs 18 crore in the July-September quarter a year ago.

Dalmia Bharat Q2 profit falls 88 pc; board okays amalgamation with OCL...

Shares of Dalmia Bharat were trading at Rs 2,046.90 on BSE, down 3.13 per cent from its previous close.

31 Oct 2018 12:18 PM IST

Facebook expects rising costs to combat scandals to moderate after...

Overall third-quarter revenue was $13.7 billion, up 33 per cent from the same period last year.

31 Oct 2018 11:30 AM IST

RBI clears re-appointment of Aditya Puri as CEO of HDFC Bank for 2...

Shareholders had already approved his appointment in 2015 for a period of five years subject to RBI approval.

30 Oct 2018 12:06 PM IST

On October 1, the government superseded the board of IL&FS and appointed a new board, with banker Uday Kotak as its executive chairman.

IL&FS crisis: Normalcy to return to system in couple of weeks, says...

The company as of March 2018 owed over Rs 91,000 crore to banks and other creditors.

30 Oct 2018 11:45 AM IST

Vistara is a joint venture between Tata Sons and Singapore Airlines. (Photo: PTI).

Singapore Airlines-backed Vistara bets on upmarket model in frugal...

Vistara airline narrowed its losses to $58.9 million in the financial year ended March 31 from $70.9 million a year...

30 Oct 2018 11:13 AM IST

Reliance Industries chairman Mukesh Ambani.

After years of global success, Reliance Industries faces oil shock at...

The price shock, driven by soaring crude import costs, angered consumers and triggered riots by farmers.

30 Oct 2018 10:24 AM IST

Flipkart had hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales

Flipkart India losses widen to Rs 2,063.8 crore in FY18

Flipkart's e-commerce business Flipkart Internet also posted a consolidate loss of Rs 1,160.6 crore.

29 Oct 2018 4:16 PM IST

The latest edition of Jaguar F-PACE comes with a range of features including park assist, lane keep assist, cabin air ionisation, driver condition monitor among others.

JLR launches locally-made petrol variant of F-Pace at Rs 63.17 lakh

The Jaguar range in India includes XE, XF, F-PACE, XJ and F-TYPE.

29 Oct 2018 3:42 PM IST