- One BSF jawan killed, 3 others injured as Pakistan violates ceasefire in Rajouri
- Kanpur train derailment toll rises to 130
- In a first-of-its kind move, Indian Army to use solar energy to dispose of old ammunition
- Demonetisation is a big gamble; here's why
- China’s reported gene-editing success could spark off a race with the US
Companies News
Cyrus Mistry caused enormous harm to the company: TCS
IANS | November 21, 2016 3:24 PM
IT major Tata Consultancy Services Limited (TCSL) on Monday pointed out that Tata Sons' ousted Chairman Cryus Mistry has caused enormous harm to the company and its shareholders.
Paytm hits $ 5 bn GMV, clocks Rs 120 cr worth of daily deals
PTI | November 21, 2016 2:18 PMWith people being compelled to switch to non-cash mode after the demonetisation move, digital payments company Paytm has been witnessing over 7 million transactions worth Rs 120 crore a day, helping it crossed USD...
Top companies can shift 40% steel movement to coastal shipping: Government
PTI | November 20, 2016 2:41 PMSpykar to step into footwear segment in 2017
PTI | November 20, 2016 1:38 PMGlobal NCAP gives 4-star rating to Tata Zest
PTI | November 20, 2016 12:44 PMTop 6 companies take cumulative hit of Rs 57,015 crore in m-cap
PTI | November 20, 2016 11:13 AMAdani to start constructing solar projects in Australia next year
PTI | November 19, 2016 6:14 PM-
Madras High Court restrains Pepsi, Coca-Cola from using Tamirabarani water
PTI | November 22, 2016 1:34 AMThe Madras High Court today restrained leading soft drink manufacturers Pepsi and Coca-Cola from using water drawn from the Tamirabarani river for their bottling plants in Tirunelveli district.
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Quikr acquires home rental start-up Grabhouse
FE Bureau | November 22, 2016 1:11 AMQuikr, the online classified portal, has acquired home rental start-up Grabhouse in continuation with its policy of buying out competition.
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Cyrus Mistry, Ratan Tata row: Nusli Wadia files defamation case against Tata Sons
FE Online | November 21, 2016 10:05 PMWithin days of Tata Sons seeking the removal of Nusli Wadia as independent director by the group holding company, the Wadia group chairman today responded by terming the allegations made against him as false.
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As wedding season heats up, Uber rolls out UberWEDDINGS scheme in Delhi, Bengaluru, other cities
FE Online | November 21, 2016 8:22 PMOnline-cab aggregator Uber has partnered WedMeGood, a wedding planner website that aims to provide transportation management solutions during weddings.
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Spicejet launches ‘Spicy Annual Sale’, offers tickets pricing from Rs 737 on domestic flights
FE Online | November 21, 2016 8:06 PMIn another budget control offer, passenger-carrier airways, Spicejet, had today launched its ‘Spicy Annual Sale’ offer with tickets pricing from Rs 737 on domestic travel.
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Hyundai gets past 70 lakh production milestone
PTI | November 21, 2016 7:41 PMHyundai Motor India Ltd (HMIL) today crossed the 70 lakh production milestone, within 18 years of rolling out its first vehicle in the country.
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IRCTC, FreeCharge ink deal, make payments for booking tickets online easier, faster
FE Online | November 21, 2016 8:01 PMIRCTC (Indian Railway Catering & Tourism Corporation), the subsidiary of Indian Railways forged an alliance with FreeCharge and MakeMyTrip, that will help people in making faster and easier reservation of tickets.
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Non-bailable warrant issued against Vijay Mallya; forwarded to UK for extradition
FE Online | November 21, 2016 4:45 PMA Mumbai court on Monday issued a non-bailable warrant against absconding liquor baron Vijay Mallya. The CBI, after receiving the warrant, forwarded it to UK government for the extradition of the businessman. Vijay Mallya is facing charges of money laundering against him, which includes a case loan default case of Rs 700 crore from State […]
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Nepal cancels $ 1 bln expressway project with Indian firm
PTI | November 21, 2016 4:36 PMNepal has abruptly cancelled all agreements with Indian construction firm ILFS to build a USD one billion expressway project, connecting the Nepalese capital with the southern Terai region near the Indian border.
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TCS says Cyrus Mistry has caused enormous harm to the IT company and Tata Group
PTI | November 21, 2016 6:53 PMUpping the ante, Tata Consultancy Services (TCS) today charged its estranged chairman Cyrus Mistry with causing “enormous harm” to the company by his conduct and sought his removal from the company board.
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Indian companies to see strongest profit growth over 18 months: Moody’s
PTI | November 21, 2016 2:58 PMMoody’s Investors Service today said Indian businesses will see strongest profit growth over the next 12 to 18 months on the back of sustained economic expansion and project completions.
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Paytm hits $ 5 bn GMV, clocks Rs 120 cr worth of daily deals
PTI | November 21, 2016 2:27 PMWith people being compelled to switch to non-cash mode after the demonetisation move, digital payments company Paytm has been witnessing over 7 million transactions worth Rs 120 crore a day, helping it crossed USD…
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Taj Mansingh Hotel auction: SC orders to maintain status quo, issues notice to NDMC
ANI | November 21, 2016 1:55 PMThe Supreme Court on Monday ordered that the maintain status quo with regard to the Taj Mansingh Hotel be maintained and issued a notice to the New Delhi Municipal Council (NDMC) to reply to plea against the auction of hotel.
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MobiKwik revises GMV sales target to $10 billion by next year
PTI | November 21, 2016 11:01 AMIn the wake of demonetisation drive and a surge in the demand for digital payment options, mobile wallet MobiKwik has revised its monthly annualised Gross Merchandise Value (GMV) sales target by 10 times to USD 10 billion by 2017, a top company executive said.
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Rs 24,000 cr loan to Alok Industries: SIDBI move puts banks in fix
Shayan Ghosh | November 21, 2016 6:21 AMMoves Bombay HC for liquidation of assets
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Demonetisation: Boost for Amul’s cashless drive
Sandip Das | November 21, 2016 6:46 AMAmidst cash crunch following the Centre’s demonetisation move, the country’s biggest dairy federation Gujarat Cooperative Milk Marketing Federation (also known as Amul) has decided to opt for cashless transactions. The move would ensure 33 lakh farmers receive money in their bank accounts for milk procured from them.
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Donald Trump win puts IT under cloud, but here’s what is imperative for Indian companies
Ganesh Natrajan | November 21, 2016 6:08 AMSubstantially higher investments in R&D as well as re-skilling of delivery and sales persons to meet customer engagement needs are imperative
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Following note-ban, Ola to launch new ad campaign to promote ‘cashless’ rides
PTI | November 20, 2016 8:11 PMIn the wake of demonetisation of Rs 500 and 1000 notes, cab aggregator app Ola today said it will launch a multi-channel campaign to motivate people to use cashless payment options for rides.
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Ratan Tata, Cyrus Mistry row: From ‘dolt’ to ‘daft’, Suhel Seth in Twitter rant against The Economist journo Stanley Pignal
FE Online | November 20, 2016 7:44 PMA furious Suhel Seth not just lambasted the correspondent but also blasted the publication for being ‘economical’ with truth and even accused it of looking to push a certain ‘agenda’.
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Top companies can shift 40% steel movement to coastal shipping: Government
PTI | November 20, 2016 2:41 PMIndia’s top steel companies, including SAIL, Tata Steel and JSW, can easily shift about 40 per cent of their inter-state goods movement to coastal shipping, a government report said.
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Spykar to step into footwear segment in 2017
PTI | November 20, 2016 1:38 PMIn a bid to strengthen its portfolio, fashion apparel brand Spykar plans to launch its range of footwear next year and will invest Rs 90 crore in the category by 2020.
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Global NCAP gives 4-star rating to Tata Zest
PTI | November 20, 2016 12:44 PMTata Motor’s compact sedan Zest with two airbags has received four stars from Global NCAP based on the crash test results done by the UK-based vehicle safety group.
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Top 6 companies take cumulative hit of Rs 57,015 crore in m-cap
PTI | November 20, 2016 11:13 AMThe combined market valuation of six of the 10 most valued Indian companies declined by Rs 57,015.31 crore last week, with ITC and HDFC Bank being the worst hit.
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Plug & work
Kunal Doley | November 20, 2016 6:03 AMThe very concept of an office is changing, with several start-ups, entrepreneurs and freelancers considering non-traditional,
cost-effective and flexible set-ups like shared or co-working spaces, hostels and even cafés for their day-to-day business -
Facebook CEO Mark Zuckerberg discloses steps to fight fake news
FE Online | November 20, 2016 2:20 AMFacebook has long insisted that it is a technology company and not a publisher, and rejects the idea that it should be held responsible for the content that its users circulate on the platform.
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India Inc commits $3.4 billion for SDGs at Global Citizen Festival
PTI | November 19, 2016 10:09 PMCorporate leaders today committed a whopping $ 3.4 billion to help achieve the sustainable development goals which can positively impact the lives of 500 million people across the country with a special focus on gender equality, education and water and sanitation.
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Google Art & Culture Platform launches woman-centric initiative
PTI | November 19, 2016 9:31 PMThrowing spotlight on lesser known achievements of women in the country, Google Art and Culture Platform today launched an initiative, where narratives of some of these women can be explored.
Horoscope: By Peter Vidal
SAGITTARIUS Certain proposals must be left on ice for a little while, at least until you have had time to digest what partners have said and done. You must continue to discuss your plans and proposals in as… read more
