Govt dials back on expected ‘relief’ package for Airtel, Vodafone Idea Bharti Airtel can pay Rs 11,476 crore of dues after two years but has to pay Rs 43,318 crore immediately;… Updated: November 21, 2019 02:09 IST
Lifeline for Bharti Airtel, Vodafone Idea after record loss; use spectrum, pay later, says govt The record loss posted by Indian telecom services providers in the latest fiscal quarter seems to have jolted the powers… November 20, 2019 22:38 IST
Over 2,100 crore digital transactions recorded in FY20 till November 13: Ravi Shankar Prasad Over the years, there has been a significant growth in digital payments in India, growing from 1,004 crore digital transactions… November 20, 2019 18:23 IST
Will revive BSNL and make it profitable: Ravi Shankar Prasad Last month, the government approved a Rs 69,000 crore revival package for BSNL and MTNL that included merging the two… November 20, 2019 18:21 IST
Telcos have to pay Rs 1.47 lakh cr in past dues; no proposal to waive off interest, penalty, says Ravi Shankar Prasad In replies to separate questions in the Lok Sabha, Prasad said telecom companies owe the government Rs 92,642 crore in… November 20, 2019 18:07 IST
Alibaba raises up to $12.9 billion in landmark Hong Kong listing The deal will be seen as a boost to Hong Kong following more than five months of anti-government protests and… November 20, 2019 17:47 IST
Spicejet to soon start flights to Ras Al Khaimah; also plans to establish new airline there SpiceJet will first start flight operations between India and Ras Al Khaimah by early next year and after that establish… November 20, 2019 16:46 IST
CIL to develop 55 new coal mines in next 5 years: Coal Minister A new project on an unused land is called a greenfield project while the existing one that is modified or… November 20, 2019 16:33 IST
IndiGo must raise airfares; its monopoly threatens same fate on aviation as telecom: Spicejet The onus of sustaining the profitability of airlines in India is on IndiGo, as it is up to the largest… November 20, 2019 16:28 IST
After BSNL, MTNL rings in strong VRS response; says over 13,500 staff opted for scheme so far “We have received a strong response; and so far, as many as 13,532 employees have opted for the VRS scheme.… November 20, 2019 15:59 IST
NCLAT rejects DBS Bank’s plea challenging distribution of funds from Ruchi Soya resolution plan A three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya, said a secured creditor cannot dissent with the resolution… November 20, 2019 15:03 IST
Moody’s assigns Baa1 rating to ONGC’s proposed senior unsecured notes “The notes’ rating is in line with ONGC’s Baa1 issuer rating, which is in turn primarily driven by its standalone… November 20, 2019 13:26 IST
Microsoft’s Satya Nadella tops Fortune’s Businessperson of Year list; check other Indian-origin executives Fortune said Nadella, a computer scientist, was “neither a founder like Bill Gates, nor a big-personality sales leader like his… November 20, 2019 13:16 IST
Aye Finance raises Rs 125 crore from Dutch bank FMO Under the deal, FMO will work with Aye Finance to expand their services to women entrepreneurs in the country through… November 20, 2019 12:21 IST
Cognizant names Mark Taylor as head of Cognizant Interactive In an email to employees, Cognizant Digital Business President Malcolm Frank said Taylor has joined as the new Senior Vice… November 20, 2019 12:12 IST
Uber chief product officer Manik Gupta is latest executive to exit San Francisco-based Uber says Gupta was the driving force behind some of its most ambitious products, including Uber Rewards and… November 20, 2019 10:55 IST
Mukesh Ambani breaks into club of six oil elites after RIL beats this firm The Indian conglomerate’s market capitalization was about $133 billion, overtaking the British energy giant’s $132 billion value at the close… November 20, 2019 09:57 IST
Stress fund can help up to 14,000 flats in Ghaziabad: Realtors’ body The body also reiterated its demand for amendment in the law, seeking consent of at least two-third homebuyers of any… November 20, 2019 07:44 IST
‘I can no longer work for a company that is…,’ Microsoft engineer resigns after 13 years, sends emails to thousands of co-workers
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