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Jet Airways to buy 75 fuel-efficient Boeing planes

Jet Airways, the country's second-largest airline by passengers carried, will buy 75 fuel-efficient 737 MAX planes from Boeing Co. to compete with domestic and international competitors that have already placed orders for similar planes.


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Amazon Black Friday 2015 Deals: HD TVs, Gadgets, Toys & More On Offer

The Amazon Black Friday 2015 deals start now with a countdown to Black Friday on Amazon that includes more than 30,000 lightning deals and loads of electronics and gadget deals available.


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Walmart's Black Friday 2015 leaked? Black November Sale Deals for 4K TVs,

An early Christmas present in form of Black November's sale is already here ahead of the 2015 Black Friday deals.


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PM Modi launches gold monetization scheme, India's first gold coin

Prime Minister Narendra Modi today launched 3 gold schemes, including a Gold Monetization Scheme (GMS), to entice tonnes of gold from households into the banking system. It is aimed at cutting imports.


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Amazon Black Friday 2015 deals: What's new

Amazon and Walmart are back with Black Friday 2015 deals that are going to be much bigger and better than anyone else.


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Walmart Black Friday 2015 ads and deals: sales on weeks in advance

In the past few years, we've seen that Black Friday deals are no longer exclusive to the day after Thanksgiving, and 2015 seems to be on that track as well. Many retailers will be offering sales for the entire months of November and December.


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Nestle India MD Suresh Narayanan now also chairman

In a filing to the BSE, Nestle India said that the board of directors' meet on October 29, has appointed Suresh Narayanan, the company's current managing director, as the chairman of the company.


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Samsung launches $9.9 billion buyback outlay

Tech Czar Samsung Electronics Co Ltd on Thursday unveiled a 11.3 trillion won (Rs 64,419.3 crore) share buyback after registering its first on-year profit growth in two years. Samsung said it would annul all shares purchased...


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India Rises in World Bank's Ease of Doing Business List

Prime Minister Narendra Modi's dream to turn the country into a top investment destination is on a positive track, with India now ranked by the World Bank at 130 of 189 countries on "Ease of Doing Business."


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Nestle India gains on news of Maggi Noodles production resuming at 3 plants

Nestle India said that it has resumed manufacturing of its instant noodles Maggi at three of its India plants and it will be available in the markets after getting clearances from food testing laboratories.


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Amazon CEO Jeff Bezos is 3rd richest in US

Jeffrey Bezos of Amazon, Larry Page and Sergey Brin of Alphab, Bill Gates of Microsoft, together collected more than $11 billion in gains Friday from their stocks following astounding earnings reports...


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United shares fall after CEO suffers heart attack

Barely a month after he took on the job, United Continental Holdings Inc's (UAL.N) new chief executive has suffered a heart attack, said a source familiar with the matter.


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'Rail Neer' racket: CBI seizes Rs 20 crore during raids; two former Railway

The Central Bureau of Investigation (CBI) has recovered Rs 20 crore in cash during searches at 13 locations against two former Chief Commercial Managers (Catering), Northern Railways officials and seven private firms in connection...


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HC Seeks Centre, Delhi Govt Response on Uber Plea to Ply

Delhi High Court on Tuesday sought response from the Centre and Delhi's AAP government on Uber's petition that the authorities be restricted from interfering with its business. A bench of Chief Justice G Rohini and Justice Jayant...


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HDFC Bank comes under radar of CBI, ED

The Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) probe into the Bank of Baroda Scam reached the doorsteps of HDFC Bank on Tuesday after one of the six persons arrested by the agencies turned out to be an official of HDFC Bank's forex department.


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Infosys CFO Rajiv Bansal quits, Ranganath D Mavinakere new CFO

Rajiv Bansal, EVP and the CFO of Infosys, has stepped down from his post. Ranganath Mavinakere, EVP and head of strategic operations and CEO's office was appointed to replace him.


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Vodafone wins crucial Rs 8,500 cr transfer pricing case

Vodafone India has won its legal battle against the income-tax department in an Rs 8,500 crore transfer pricing case in the Bombay High court. The dispute relates to the sale of the Ahmedabad-based call centre business...


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Former employee sues Wipro for sexual harassment, discrimination

A former Wipro employee has sued the IT major for up to 1 million pound, accusing a former senior executive of sexual harassment and the company of unfair dismissal. However, the firm has dismissed the allegations as...


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Latest iPhones fail to do good business in Japan: report

A Digitimes article has highlighted a BCN report which claimed that the latest iteration of the Apple iPhone failed to do good business in Japan. The report added that the iPhone 6s and the iPhone 6s Plus racked up sales...


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Merkel pledges a billion euros for solar energy

Giving a push for clean energy, Germany on Monday pledged about 1 billion euros (Rs 7,300 crore) assistance for India's solar projects as the two countries decided to forge a renewable alliance to boost cooperation in the sector.


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Soon, PAN Card may be required in cash transactions beyond certain limit: FM

Producing permanent account number (PAN) card details for cash purchases beyond a certain limit will be mandatory in the future, according to Union Finance Minister Arun Jaitley.


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Government's Black Money Drive fetches 3,770 crore

The Government of India received an amount of Rs 3,770 crore from 638 declarations under the one-time black money compliance window that ended on Wednesday, September 30. However, the money declared is far less than what Prime...


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SC rejects Essar's plea challenging Special 2G court's jurisdiction

The Supreme Court (SC) has rejected pleas of Essar Teleholdings Ltd and its promoters challenging the Special CBI court's jurisdiction to hold trial against them in the 2G spectrum scam case. On Sept 22, the SC had...


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Raghuram Rajan sees the light; RBI cuts repo rate by 50 bps to 4-year low

The Reserve Bank of India on Tuesday reduced its key repo rate by a bigger-than-expected 50 basis points (bps) to 6.75%, with inflation running low and the economy in threat of slowing down.


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Mukesh Ambani richest Indian yet again, Flipkart's Bansals new entrants

Reliance Industries (RIL) chairman Mukesh Ambani has topped Forbes India Rich list for the ninth year in a row with a net worth of $18.9 billion, while ecommerce giant Flipkart's co-founders Sachin and Binni Bansal made their debut at 86th position with a net worth of $1.3 billion each.


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Indian IT companies are world's worst paymasters, study says

A survey has revealed that Indian IT companies are among the 10 worst paymasters in the world. In India a mid-level IT manager gets an average salary of $41,213 while his Swiss counterpart gets over four times more.


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Spicejet offering 15% festive discount through mobile app, 10% on website

Indian low-cost airline Spicejet is offering a festive discount that slashes airfares by up to 15 per cent on domestic flights on booking through mobile app, and 10 per cent discount on booking through the official website...


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Tata Steel sells 1.33% stake in Tata Motors for Rs 1250 cr

Tata Steel will sell stock worth Rs 2500 crore ($376 million) it holds in Tata Motors in the two separate transactions of Rs 1,250 crore. Tata Steel said it will also sell similar stake in Tata Motors to its promoter...


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HP to slash up to 30000 more jobs as it splits in two

As part of its efforts to reduce its expenses, Hewlett-Packard (HPQ) is preparing to slash another 30,000 jobs. The spinoff will be completed by the end of next month, cutting 25,000 to 30,000 jobs within HP Enterprise.


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Bain to buy $300m stake in L&T Finance

Shares of Larsen & Toubro (L&T) Finance rose over 4 percent to Rs. 66.75 on reports that U.S.-based Bain & Company is planning to buy $300m stake in the company.


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