The Indian Banks Association (IBA) has submitted a memorandum to the Reserve Bank of India (RBI) on the resolution of stressed assets....
The Civil Aviation Ministry has asked domestic carriers to desist from raising fares on routes connecting far-flung areas, especially in the northeast, in the wake of the grounding of Jet Airways....
Twitter India on Monday appointed Manish Maheshwari, ex-CEO of Network18 Digital, as the Managing Director for its India operations....
In a move that is likely to weaken the powers of Electric Vehicle (EV) maker Tesla Founder Elon Musk and cut some of his strongest allies from the board of directors, the company has said that four of its 11-member board would step down by 2020, thus shrinking the board's size by more than a third....
Recent news about an increase in Indian corporates and state entities issuing dollar bonds is welcome news, especially since it clearly shows investor appetite for lending to credible Indian business models. However, relatively easy liquidity and high investor appetite for lending in the international markets must be tempered by the fact that bor...
Government-owned Air India can take over Jet Airways and get back the lucrative international/domestic routes if there are no white knight for the private airline, said a top All India Bank Employees' Association (AIBEA) leader....
Microsoft has acquired San Diego-based software company Express Logic, that makes software for Internet of Things (IoT) devices, to accelerate IoT development for billions of devices at scale. ...
Air India wants to take 4-5 wide-body Boeing 777 aircraft of the now-grounded Jet Airways and may hold discussions for it with the airline's lead lender State Bank of India (SBI)....
Jet Airways scrips tanked over 30 per cent on the BSE during the early trade on Thursday, after suspension of operations over refusal of lenders to provide emergency funding. ...
Kerala-headquartered IBS Software (IBS), a leading provider of new generation IT travel solutions, has signed a pact with Etihad Airways, the UAE national airline, to help enhance its operations. ...