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Jio, the newest and the most aggressive player in the telecom clan, said that it disagrees with intent, tone and contents of COAIs letter.

Delay in implementation of zero call connect charges to hurt service:...

Airtel said that IUC should not come down to zero and the BAK regime should be postponed by at least three years.

15 Nov 2019 2:42 PM IST

The stock gained 1.32 per cent to Rs 3.85 at close on NSE.

Vodafone Idea shares jump over 10 pc despite huge loss in Sep qtr

Telecom operator Vodafone Idea on Thursday reported consolidated loss of Rs 50,921 crore.

15 Nov 2019 2:32 PM IST

ZEE5 is continuously working towards offering bespoke content for varied consumer taste clusters across India.

Tata Sky Binge strengthens OTT play with ZEE5

ZEE5 premium content availableat no additional cost for all TATA Sky Binge users.

15 Nov 2019 1:37 PM IST

These range from growing digital payment awareness and usage beyond metros to increasing access to credit or scaling commercial payments.

Visa everywhere initiative launched in India

Visa will be accepting applications for the Visa Everywhere Initiative from eligible startups starting Nov 13, 2019...

15 Nov 2019 1:31 PM IST

Bharti Airtel Bhartis Indian revenue rose 3 per cent year-on-year to 153.61 billion rupees. (Photo: PTI)

Bharti Airtel posts USD 3.2 billion loss on provisions for telecoms...

Bharti said it made a provision of 284.50 billion rupees, more than 92 per cent of the overall charge for exceptional...

15 Nov 2019 12:50 PM IST

Banks had moved the Supreme Court earlier this year after an appellate court judgment put the claims of Essars operational creditors on par with those of its lenders.

Supreme Court clears path for ArcelorMittal to acquire Essar Steel

The apex court said operational creditors cannot be treated on par with financial creditors of a bankrupt company.

15 Nov 2019 12:27 PM IST

Flipkart opposed the petition under the Insolvency and Bankruptcy Code, contending that it is a profit-making company with sufficient financial strength. It also contended that CloudWalker has failed to produce Purchase Orders or invoices to support the claim.

Flipkart to collect plastic packets from consumers

The collected packets will then be sent to registered vendors to ensure it is disposed of responsibly to avoid ending up...

15 Nov 2019 2:07 AM IST

Vedantas earnings were boosted by higher volumes at its Gamsberg zinc mine in South Africa, lower costs at its aluminum unit and increased sales of iron ore in Karnataka.

Vedanta beats all profit estimates on tax gain

The company saw a tax gain of Rs 16.1 billion compared with an expense of Rs 7.18 billion during the same period a year...

15 Nov 2019 2:05 AM IST

Manoj Kumar Nambiar, Managing Director & Board Member, Arohan Financial Services, said; Enabling financial inclusion has been the foremost focus of Arohans unique products and service propositions, made possible on an end-to-end technology-driven platform which has been recognised as the best in the industry.

Future First, Arohan MFI plan to cover 3 million people

Arohan has 2.2 million touch points across the country, Future First has already distributed insurance products to 5...

15 Nov 2019 2:02 AM IST

PNB, Indias second-biggest state-run bank, in 2018 alleged that a few rogue employees had issued fake bank guarantees over several years to help jewellery groups controlled by Modi and his uncle Mehul Choksi raise funds in foreign credit. Both have denied any wrongdoing.

CBI set to file fresh charges in $2 billion Punjab National Bank fraud...

The new chargesheet will include 150 transactions and provide details on how fake bank guarantees were used to funnel...

15 Nov 2019 1:53 AM IST

Aurobindos Unit IV, its general injectable formulation manufacturing facility in Pashamylaram, Hyderabad, underwent a US FDA inspection from 4-13 November, following which the drug regulator issued a Form 483 with observations to the unit.

Aurobindo Pharma Ltd unit gets 14 observations

Aurobindo has said none of these observations was related to data integrity issues.

15 Nov 2019 1:49 AM IST

Malaysian palm oil is available at a $5 discount amid congestion at Indonesian ports, said a Mumbai-based dealer with a global trading firm.

India resumes buying palm oil from Malaysia: Traders

Palm oil is crucial for Malaysian economy as it accounted for 2.8 per cent of Malaysiaâ€™s gross domestic product last...

15 Nov 2019 1:38 AM IST