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As per the initial calculations, access players like Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore within three months.

Telcos move in SC seeking fresh schedule for payment of Rs 1.47 lakh...

The telcos said they wanted an open court hearing on their fresh pleas with regard to working out fresh schedule of...

21 Jan 2020 11:30 AM IST

The new Uber Eats drone can make up to three six-mile legs for an 18-mile trip.

Uber sells Indian food delivery arm to Ant Financial-backed Zomato

Uber Eats in India will discontinue operations, and direct restaurants, delivery partners and users to the Zomato...

21 Jan 2020 10:36 AM IST

South Indian Bank is raising funds through bonds to finance its business expansion.

South Indian Bank to raise Rs 500 crore from bonds

Rs 300 crore through Basel III-compliant tier 1 bonds with Rs 200 crore greenshoe option

20 Jan 2020 6:34 PM IST

$ITI\s Rs 1,600-cr FPO to open on Friday$ Business

ITI-'s Rs 1,600-cr FPO to open on Friday

The issue will open on Friday, January 24 and close on Tuesday, January 28, the company said in a statement on Monday.

20 Jan 2020 3:33 PM IST

Plaintiffs suing over the drug have said Johnson & Johnson concealed the link between Risperdal and excessive growth of female breast tissue in boys, known as gynecomastia.

Judge slashes USD 8 bn Risperdal award against J&J to USD 6.8 mn

Johnson & Johnson said in October it faced lawsuits by 13,600 people over Risperdal.

18 Jan 2020 11:58 AM IST

Vodafone Idea shares zoomed 31.72 per cent to Rs 7.93 on the BSE.

SC rejects plea for relief on USD 13 billion telco levy; Vodafone...

Shares in Vodafone Idea tumbled as much as 40 pc to a 2-month low on Friday, wiping out nearly USD 1 bn in market...

18 Jan 2020 11:52 AM IST

Billionaire Mukesh Ambani.

Billionaire Ambani-'s Reliance posts record profit on consumer...

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

18 Jan 2020 10:22 AM IST

Amazon CEO Jeff Bezos along with his girlfriend arrives for a gathering with Bollywood industry people in Mumbai. PTI photo

Amazon India will create 1 million jobs by 2025: Jeff Bezos

We are investing to create a million new jobs here in India over the next five years, the Amazon CEO said

17 Jan 2020 1:46 PM IST

MobiKwiks PG is among the Top 3 Payment Gateways in India today It has the best tech for payments in mobile apps, has clocked 94 per cent success rate.

MobiKwikâ€™s payment gateway going for a hat trick of doubling...

MobiKwikâ€™s Payment Gateway to surpass Rs 1000 crores in revenues for 2021.

17 Jan 2020 12:44 PM IST

Yes Bank had reported a net profit of Rs 965 crore in the same quarter of the previous year.

Moody-'s places Yes Bank-'s ratings under review; direction uncertain

Moody-'s has downgraded Yes Bank-'s Baseline Credit Assessment (BCA) and adjusted BCA to caa2 from b3.

17 Jan 2020 12:22 PM IST

We direct the committee of creditors to take a decision to float expression of interest (EoIs). We direct them to expedite the process, the Mumbai bench of the National Company Law Tribunal (NCLT) said. (Photo: Representational/PTI)

Jet Airways to sell Netherlands biz to KLM

The domestic full-service carrier, which shuttered operations last April, is undergoing insolvency resolution process.

17 Jan 2020 10:54 AM IST

Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.

Blow to telecom firms; Supreme Court rejects plea on past dues

The court in its October 24, 2019 order had directed the service providers to pay Rs 92.000 crores to the government.

17 Jan 2020 2:36 AM IST