Several employees of Salesforce working in the cloud computing company’s Indiana branch have sought for relocation out of state due to the highly contested “religious freedom” law that lawmakers have recently revised in…
A consumer forum has directed telecom major Bharti Airtel to pay Rs 38,500 to a Delhi-based couple for not providing them Internet TV and broadband connection even after receiving the payment.
Petrol prices were cut today by 49 paise per litre while diesel prices were slashed Rs 1.21 a litre on softening international oil rates. This comes after two consecutive hikes in petrol prices.
In a setback to Wadia Group’s GoAir, the economical carrier’s CEO Giorgio De Roni has resigned. It has been reported that De Roni is resigning due to “health reasons”.
Following Sebi guideline of having at least one female board member more than 250 companies including Adani and Essar Groups, appointed women directors. The companies have mostly appointed wives or daughters of their…
Dutch electronics giant Phillips recently announced that it will be selling a controlling stake in its automotive lighting and LED components business. The deal will be of about $2.9 billion.
The Income Tax department, following the strategy of ‘naming and shaming’, has published the names of some big tax defaulters who owe more than 500 crore to the tax exchequer.
In a move which is seen as a precursor to fall in lending rates in future, leading private banks ICICI Bank and HDFC Bank on Monday cut rates by up to 25 basis points on high value fixed deposits across select maturities.
To settle a lawsuit filed by US-based luxury fashion house Ralph Lauren in 2013, lifestyle brands subsidiary of Textile maker Arvind Ltd would have to pay $3.2 million.
All the necessary approvals have been received by State Bank of India to buy residential properties of national carrier Air India for Rs 90 crore.
Dow Chemical Co has announced its decision to separate a portion of its chlorine business, which is quite old, and sell it to Olin Corp in a deal worth US$5 billion.
Vistara, Tata’s full service airline, will now offer discounted rates on fares for bookings made 90 days in advance. The airline has finally entered the fare war with other airlines which offer attractive discounts to customers…
India’s biggest airline by market share, IndiGo reportedly plans to make most of the flourishing budget air travel. The company is preparing to file a draft prospectus by May for a stock listing to raise $300 million to…
An offer made by Tata Sons’, the holding company of all Tata group firms, to buy NTT DoCoMo’s stake in joint undertaking Tata Teleservices Ltd (TTSL) for about Rs. 7,250 crore has been rejected by RBI.
The Delhi government has asked the IT Ministry to block Uber and Ola mobile apps and told the US-based taxi service, Uber, to deposit a sworn affidavit which declares that the taxi service is fulfilling the ban imposed on it…
Brazilian private equity firm 3G Capital Partners is reportedly in “advanced talks” to buy Kraft Foods Group. The deal is expected to be worth $40 billion. It may be recalled that 3G had acquired ketchup maker HJ Heinz in…
Troubled airline SpiceJet has said that is has reached an out of court settlement with an aircraft lessor over the case involving default on aircraft rentals. In a regulatory filing, the budget carrier said “SpiceJet…
Today is going to be an important day for Sahara Group chief Subroto Roy Sahara as the Supreme Court will decide the company and its chief’s fate today. Sahara has been given a last probability to increase funds…
Budget airline GoAir on Saturday announced the launch of its special mid-year offer with one-way fares starting from Rs. 999. These fares can be availed by travelers to go to…
Taxi hailing cab aggregator Ola is now moving to food delivery as the app will now allow you to order food from restaurants near your home and get it delivered at your doorstep…
In a late night tweet Coal Secretary Anil Swarup said “Bids for Gare Palma IV/1, IV/2, IV/3 and Tara coal blocks not accepted.” The bids of Jindal Steel and Power Ltd and Balco..
Beleaguered budget airline SpiceJet said it expects to resolve settlement disputes with its lessors soon and that there will be no interruption in the operations of…
The directorate general of civil aviation (DGCA) was today ordered by Delhi High Court to deregister six aircraft given on lease to low-cost airline SpiceJet by two…
To entice customers, economical airline SpiceJet has introduced a new sale offer on Thursday. The latest scheme ‘Let’s Go Abroad Sale’ is offering low one- way fares of Rs. 2699 on…
The Cabinet on Tuesday sanctioned a new Bill that would give more powers to the tax department in tracking illegal wealth hoarded abroad. This bill will help government…
The talks between Chinese giant Alibaba and India’s online retailer Snapdeal has fallen apart owing to high valuations being demanded by Snapdeal. The deal which was estimated…
It seems that not everyone is interested in holding talks over race relations while ordering their morning coffee and Starbucks learned this lesson on Tuesday after a torrent…
Mobile game company DeNA and Nintendo are all set to enter into a capital and business alliance under which the companies will develop new games for smart devices and…
Pinterest made an announcement on Monday that it had raised $367 million in new capital that has increased its valuation to $11 billion.
Trouble does not seem to end for the Sahara group. In fresh turn of events, US based Mirach Capital is initiating a $400 million defamation lawsuit against the Sahara group. Mirach..
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