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Billionaire industrialist Anil Ambani resigned as Director of Reliance Communications.

Anil Ambani, 4 others resign from bankrupt Reliance Communications

Chhaya Virani, Ryna Karani, Manjari Kacker and Suresh Rangachar have also resigned from positions of directors.

16 Nov 2019 5:00 PM IST

RCom, which is going through insolvency process, had made a profit of Rs 1,141 crore in the second quarter of the previous financial year (Q2 FY19).

RCom posts Q2 loss of Rs 30,142 crore on provisioning of liabilities

RCom revenue from operations dropped to Rs 302 crore in Q2 FY20 from Rs 977 crore in Q2 FY19.

16 Nov 2019 3:47 PM IST

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

Uber Eats focuses on aggressive expansion in India

The company has added thousands of restaurant partners across the 44 cities it operates in here.

16 Nov 2019 11:27 AM IST

The judgment by a bench headed by Justice R F Nariman also pronounced that there is no doubt that the ultimate discretion on distribution of proceeds is with the committee of creditors (CoC).

Supreme Court paves way for Arcelor takeover of Essar Steel

Now, the takeover would take place according to the October 23, 2018, resolution plan of Arcelor-Mittal.

16 Nov 2019 1:34 AM IST

Tata Motors said its total consolidated revenue during the period under review stood at Rs 65,431.95 crore as against Rs 71,981.08 crore in the year-ago period.

Tata Motors raises Rs 500 crore via preferential shares allotment

The company-'s board-approved committee has approved allotment of 5,000 rated, listed, unsecured, redeemable, NCDs.

15 Nov 2019 8:41 PM IST

The stock lost 7.94 per cent to settle at Rs 143.70 on the BSE.

Fortis Healthcare shares down nearly 9 pc after Singh brothers held...

The stock shed 17.37 per cent to touch a low of Rs 129. On the NSE, it lost 17.4 per cent to Rs 129.

15 Nov 2019 7:12 PM IST

All changes to the status programme will apply to flights from 1 January 2021 and onwards.

Lufthansa Group will offer the simplest frequent flyer program ever

In future, Frequent Traveller and Senator status will be granted for life for long-term loyalty.

15 Nov 2019 6:06 PM IST

The Supreme Court on November 15, paved the way for ArcelorMittal takeover of debt-ridden Essar Steel for Rs 42,000 crore and set aside the July 4

Look forward to close Essar Steel acquisition soon: ArcelorMittal

Essar Steel was auctioned under the new IBC to recover Rs 54,547 cr of unpaid dues of financial lenders and operational...

15 Nov 2019 4:17 PM IST

ICICI Bank witnessed an improvement in asset quality as gross non performing assets (NPAs) fell to 6.37 per cent of the gross advances by the end of September 2019, from 8.54 per cent a year ago.

ICICI Bank to organise 2,000 loan camps across India

The Bank offers instant approvals for loans -- home, personal, two and four wheeler, and credit cards.

15 Nov 2019 4:01 PM IST

The company runs on an asset-light model to fund scooters and uses scooters indigenously made by Indian electric manufacturers.

IAN Fund empowers connected shared mobility in India; invests Rs 15 cr...

The start-up leverages its fleet of IoT-powered electric scooters to make commute convenient, affordable, and...

15 Nov 2019 3:54 PM IST

Initially, engines of 16 A320 neo planes of IndiGo were to be modified by November 12, while 13 such aircraft of GoAir by November 13.

DGCA gives more time to IndiGo, GoAir for modifying P&W engines

DGCA said its directive to IndiGo on complete change of all P&W engines with modified LPT by January 31 remains in...

15 Nov 2019 3:00 PM IST

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