Business
Petrol, diesel prices on October 19: Fuel prices remain at record highs

The last increase on October 17 took the price of petrol in Delhi to its highest-ever level of Rs 105.84 a litre.

Stocks open broadly lower as Wall Street's momentum slows

Technology and health care companies were leading the way lower, while energy companies bucked the downward trend and moved higher.

How a Frenchman sitting in Paris transformed Wipro

It’s still too early to say whether Wipro CEO Thierry Delaporte’s first-year success will sustain. If it does, it would be a case study in how a new CEO transformed a company of 2.2 lakh employees, sitting remotely in Paris in 15 months.

 

Low private investment is a weak spot in the economy: Montek Singh Ahluwalia

Reviving investment is even more important if we want to get back to higher growth over the medium term, Ahluwalia said.

Isha Ambani & Manish Malhotra to join hands as Reliance acquires 40 percent stake in designer’s MM Styles

Reliance Brands and Manish Malhotra announced a strategic partnership as part of the deal where the former agreed to buy a 40 percent stake in the designer’s 16-year old couture house, MM Styles.

Air India-Tata deal: AI unions raise concerns about cash, accommodation, other benefits

Air India Unions wrote a joint letter to Secretary of Ministry of Civil Aviation, raising their concerns related to cash, leave, medical benefits, accommodation of employees and arrears, among others.

RBI cancels registrations of six NBFCs

On April 22, Moneycontrol had reported RBI has issued a show cause notice to Sambandh Finserve prior to cancelling the license.

Elon Musk Is Richest By A Mile And Wants Jeff Bezos To Know It

Elon Musk replied to Amazon founder Jeff Bezos on Twitter with a silver medal emoji, an apparent reference to their wealth

India Government Issues Air India Sale Letter Of Intent To Tata

NEW DELHI - The government of India has issued a letter of intent (LoI) confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group for Rs 18,000 crore, a senior official said. Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, to pay Rs 2,700 crore in cash and takeover Rs 15,300 crore of the airline’s debt.

Now Maharaja will be revived: Sharad Yadav on Tata Sons winning Air India bid

Former Civil Aviation Minister in the Atal Bihari Vajpayee government, Sharad Yadav on Saturday said that he hoped that the acquisition of Air India by the Tata Group would help revive the fortunes of the airline.

Maharaja’s Homecoming and Tata’s Complexities

The Tata Group will have a monumental task on its hands when it takes control of loss-making Air India two months from now after winning the state-owned carrier with a Rs 18,000-crore bid.

Four Days Of Coal Reserves Left In India, Energy Crisis Deepens

Coal-fired power stations had an average of four days' worth of stock of the fuel at the end of last month, the lowest level in years, and down from 13 days at the start of August.

Mark Zuckerberg Loses $6 Billion In Hours After Facebook Outage

A selloff sent the social-media giant's stock plummeting 4.9% on Monday, adding to a drop of about 15% since mid-September.

Tata Sons win bid for Air India; National carrier to fly back to Tatas after 68-year gap

Tata Sons have won the bid debt-laden national carrier Air India, marking the return of the airline to the Tatas after a gap of 68 years.

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