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Air India and its subsidiaries have nearly 20000 employees. Among them Air India has only 11,500 employees. Air India management has not offered their employees for voluntary buyouts, an Air India spokesperson said..

Air India to sell 2 properties to SBI, may fetch Rs 50 crore

Air India recently sought loans worth over Rs 1,500 crore to meet working capital requirements.

5 Nov 2017 12:26 PM IST

Reliance Industries Limited

Moody's cuts RIL credit outlook to stable but affirms ratings

Baa2 rating affirmation reflects our expectation that RIL's credit metrics will recover over next 12-18 months.

5 Nov 2017 11:26 AM IST

Paytm on Friday launched Inbox, a messaging service that will allow consumers to chat with friends and family, and send and request money at the same time. (Photo: ANI)

Paytm launches 'Inbox' for Android users! Chat, send, request money...

The messaging platform is encrypted end-to-end, and users can initiate private conversations and create group chats.

4 Nov 2017 12:57 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

RCom to shut voice calls from Dec 1, to only continue 4G data services

Trai said that RCom has informed it has sent all the necessary information regarding closure of voice calls.

4 Nov 2017 11:02 AM IST

First customers display their iPhone X sets at an Apple showroom in Sydney on November 3, 2017. (Photo: AFP)

Apple enthusiasts cue up for iPhone X

Asia shows strong demand for the phone compared to last 2 models.

4 Nov 2017 3:18 AM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI expects to pick up major portion of govt's bank recap plan

Last month, the government proposed a Rs 2.11 lakh crore public sector bank recapitalisation plan.

3 Nov 2017 5:12 PM IST

Tata Power is planning to sell its non-core assets to bring down its debt.

Tata Power Q2 profit slumps 44 per cent

Analysts on average had expected the Mumbai-based company to post a profit of Rs 3.73 billion, Thomson Reuters data...

3 Nov 2017 3:41 PM IST

A subsidiary of public sector lender Punjab National Bank, PNB Housing Finance is in the business of providing home loans.

Punjab National Bank posts 2.2 per cent rise in profit in Q2

The state-owned bank had registered net profit of Rs 549 crore in the July-September quarter of last fiscal, 2016-17.

3 Nov 2017 2:25 PM IST

Tata Communications Ltd is set to invest about USD 100 million in the the Internet of Things (IoT) in the next few years. (Photo: Pixabay)

Tata Communications to invest $100 million on Internet of Things

The Mumbai-based company has already rolled out its dedicated IoT network in 38 cites across the country.

3 Nov 2017 12:50 PM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

ONGC Videsh turns focus to acquire overseas oil assets amid Iran gas...

Indian firms led by ONGC Videsh have been negotiating with Iran for development rights of Farzad B gas field.

2 Nov 2017 6:34 PM IST

Chairman and founder of Adani group Gautam Adani

Adani in talks with Chinese engineering firm to finance Carmichael...

Carmichael has been delayed by court challenges from environmentalists and indigenous groups.

2 Nov 2017 5:11 PM IST

ABS variant will enhance the bikes performance, appeal and strengthen our leadership in this performance segment.

Bajaj Auto launches Pulsar NS200 with ABS priced at Rs1.09 lakh

The Pulsar NS200 is powered by a 200-cc liquid cooled engine.

2 Nov 2017 3:34 PM IST