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Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Air India seeks Rs 2,100 cr from govt to meet its operational costs

The stake sale proposal of Air India showed muted response from the investors last month.

11 July 2018 12:49 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB, Carlyle Group to sell at least 51 pc stake in PNB Housing Finance

PNB Housing had disbursed Rs 33,195 crore loans during 2017-18, an increase of 61 per cent over the preceding fiscal...

11 July 2018 12:48 PM IST

Delhi-based Tata-SIA run joint venture carrier, Vistara.

Vistara to buy 19 Airbus, Boeing planes worth Rs 21,344 crore

Vistara would also lease another 37 new A320 neo family aircraft from leasing companies.

11 July 2018 11:10 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS posts record profit, expects strong growth in financial services

TCS's revenue from the BFSI unit, its biggest revenue stream, rose to 134.64 billion rupees from 117.89 billion rupees.

11 July 2018 9:24 AM IST

In the financial year ended March 31, 2017, Patanjali Ayurved reported an aggregate sale of Rs 10,561, registering a five-fold growth since 2014-15, where the sales was capped at Rs. 2,006 crore. (Photo: PTI/File)

Patanjali says won't back out from race to acquire Ruchi Soya

Patanjali was asked to submit a revised bid by June 16 to match or better the highest offer of Rs 6,000 crore by Adani...

11 July 2018 8:57 AM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

TCS Q1 net profit jumps 23 per cent to Rs 7,340 crore

The company had reported a net profit of Rs 5,945 crore in the same period previous fiscal.

10 July 2018 6:28 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC unions oppose acquisition of IDBI Bank by insurer

LIC currently holds 11 per cent stake in IDBI bank and its total stressed portfolio is 35.9 per cent of total loans.

10 July 2018 4:17 PM IST

Industrialist Ratan Tata will be sharing the stage with RSS chief Mohan Bhagwat at an event here next month.

After Pranab Mukherjee, Ratan Tata to share the stage with RSS chief

Tata and Bhagwat will attend an event in Mumbai on August 24 organised by the Nana Palkar Smriti Samiti.

10 July 2018 2:02 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo puts 1.2 million seats on sale at Rs 1,212

Customers can also avail a 5 pc cash-back of up to Rs 500 with a minimum transaction of Rs 3,000 with SBI credit card.

10 July 2018 9:28 AM IST

Yahoo CEO Marissa Mayer

Yahoo buys back USD 2 bn of shares in three-way deal with SoftBank

SoftBank will buy 221 billion yen ($1.99 billion) of Yahoo Japan shares from Altaba.

10 July 2018 8:58 AM IST

n Idea will be responsible for clearance of all demands which may be raised by any wing of the department including penalties imposed or to be imposed on Vodafone or Idea.

Vodafone, Idea get DoT's conditional approval

Merger to create country's largest telecom operator.

10 July 2018 5:32 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.

Telecom department clears Idea-Vodafone merger with conditions

The department has asked Idea Cellular to pay Rs 3,926 crore in cash for Vodafone spectrum.

9 July 2018 7:47 PM IST