The lenders of Jet Airways may soon favour resolution outside the insolvency law framework if the ongoing bidding process for stake sale in the embattled airline does not bear fruit, reports suggest.... Read more »
Reliance Industry (RIL) on Thursday reported a moderate consolidated profit of Rs 39,588 crore ($ 5.7 billion) given the high crude prices in the last few months. It even recorded a 9.8%... Read more »
Amid the potential takeover of the company by L&T, Mindtree’s board Wednesday agreed to pay a special dividend to its shareholders, including promoters, that along with regular dividend and tax components would... Read more »
Jet Airways has always been a household name for the young aspirational Indian. Born at the dawn of liberalization, it removed the monopoly previously enjoyed by Air India and Indian Airlines. The... Read more »
Cairn Oil & Gas, a part of Vedanta, on Tuesday has appointed Ajay Kumar Dixit as its Chief Executive Officer. Ajay succeeds Sudhir Mathur, who after seven successful years with the company,... Read more »
This is the summer of Reliance Industries. India’s largest firm by market capitalisation is expected to announce market beating results even as the world’s largest oil producer Aramco is seeking a stake... Read more »
FMCG major Nestle wishes to seek shareholders’ approval every five years for royalty payment to its Swiss parent firm Societe des Produits Nestle SA, after receiving their feedback over the issue. In... Read more »
The Enforcement Directorate on Monday rejected the bail plea of Sushen Mohan Gupta, alleged defence agent arrested in the AgustaWestland VVIP choppers scam, saying there was a likelihood of him fleeing the... Read more »
IT major Infosys reported a jumbled set of fourth-quarter numbers, with margins coming in below expectations even as revenues came in-line. Infosys also reported strong large deal wins during the quarter which... Read more »
Infrastructure giant Larsen & Toubro (L&T) plans to hire 1,500 people this year, just like previous years, a top company official said, the company’s manpower strength stood at 42,924 as on March... Read more »