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Another option is that the Centre allows Air India to remain a national carrier by controlling at least 51 per cent stake.Business
Air India delays payment of March salaries

Air India spokesperson said salaries for March are likely to be paid by Thursday.

4 April 2018 9:22 AM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)Business
IT Dept sends notice to Deepak Kochhar's NuPower Renewables

NuPower Renewables was special purpose vehicle made to revert allegations in future.

4 April 2018 9:15 AM IST

US-based Cognizant posted an overall 86 per cent jump in June quarters net profit at USD 470 million.Business
Indian court orders tax department to lift freeze on Cognizant's funds

Cognizant shares were up nearly 1 per cent in later afternoon trading on the Nasdaq.

4 April 2018 8:36 AM IST

BSNL has also added 1.2 million subscribers through MNP during the month.Business
BSNL adds 4 million customers in March 2018

BSNL takes a big leap by achieving gross subscriber addition of more than 4 million in the month of March 2018.

3 April 2018 7:51 PM 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 wants to become a technology firm

It has inducted Raj Ahuja, who comes with an experience in fintech, telecom and technology sectors.

3 April 2018 6:10 PM IST

George Alexander Muthoot, the managing director of Muthoot Finance said, 60 per cent of the issue is allocated to retail and high networth individual investors.Business
Muthoot Finance to sell Rs 3000 cr debt

Muthoot Finance said it will raise up to Rs 3,000 crore in debt, to help it to expand its loan book.

3 April 2018 5:09 PM IST

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.Business
IGL provides record 1.5 lakh cooking gas connections

A large number of innovative customer-centric schemes have been launched to achieve the objective.

3 April 2018 4:54 PM IST

Cab aggregator Ola on Tuesday announced the acquisition of end-to-end public transport ticketing and commuting app, Ridlr.Business
Ola acquires Ridlr; to digitise public transportation

Combining Ridlr's innovations in mass transit with Ola's mobility products will enable true multi-modal mobility...

3 April 2018 3:28 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.Business
DGS notice to Jubilant FoodWorks on Dominos pizza pricing

DGS has slapped a profiteering notice on Jubilant FoodWorks.

3 April 2018 2:14 PM IST

MobiKwik, on Tuesday announced its partnership with Microsoft for powering digital payment services.Business
MobiKwik, Microsoft team up to enable digital payments services

The ease of using Microsoft Kaizala, even in areas with limited internet connectivity, is the biggest benefit.

3 April 2018 2:03 PM IST

Five Indian women led by ICICI Bank CEO and MD Chanda Kochhar and including Bollywood star Priyanka Chopra, have featured on the list of the worlds 100 most powerful women compiled by Forbes. (Photo: PTI)Business
ICICI borrowers advised on foreign loans by Chanda Kochhar's...

Avista was also involved in 2 transactions with Videocon Industries for reorganization and refinancing of FCCBs of $194...

3 April 2018 12:34 PM IST

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.Business
ATC completes Rs 3,800-crore mobile tower deal with Vodafone

This is a previously announced acquisition of Vodafone India's telecom site business.

3 April 2018 12:33 PM IST

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