May 25, 2015 05:10 PM
Internet.org claims to have made Internet available to over 800 million people in nine countries, including India. Social media giant Facebook has garnered 8 lakh users in India for its Internet.org initiative that has been in the thick of the net neutr
May 25, 2015 07:09 PM
Budget carrier SpiceJet has hiked the salary packages of its Bombardier Q-400 fleet commanders by 20-25 per cent, bringing them on par with Boeing pilots, sources said. The move is also aimed at arresting the increased migration of such pilots to the ca
May 25, 2015 07:29 PM
Malaysia Airlines is expected to lay off roughly one-third of its 20,000 staff on Wednesday, under its restructuring plans to make the company more profitable, media reported on Monday. The entire 20,000-employee workforce will actually be terminated, a
May 22, 2015 03:40 PM
Indian Oil Corp (IOC) will invest Rs. 1,000-1,500 crore to raise its stake in Chennai Petroleum Corporation Ltd (CPCL), which will be used by the south Indian refiner to expand operations.The state-owned refiner will make the investment by buying fresh sh
May 22, 2015 05:08 PM
Karnataka Bank on Friday reported 66 per cent increase in its net profit at Rs 134.42 crore for the quarter ended March 2015. Karnataka Bank on Friday reported 66 per cent increase in its net profit at Rs 134.42 crore for the quarter ended March 2015. T
May 25, 2015 03:21 PM
The Sensex touched a high of 27,903.29 points and a low of 27,624.58 points in intra-day trade. A benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), plunged by 254 points or 1.00 percent during the late-afternoon
May 25, 2015 01:18 AM
The passenger vehicle (PV) business of Tata Motors is well-poised for a resurrection, backed by product offensive strategy, network expansion and complete overhaul of service quality. It has just come out with Nano’s facelift GenX Nano, which is repo
May 25, 2015 01:08 AM
Unfortunately, for the offline retailers, the enormous flow of capital is the fuel that powers huge e-commerce discounts and threatens their time-tested business model. With India being a unique market, it has a place for both online and offline players
May 23, 2015 10:33 PM
City Union Bank has achieved a growth of 18.9 per cent in its net profit at Rs. 99.08 crore for the fourth quarter ended March 31, 2015, against Rs. 83.35 crore in the same period in the previous year. The growth was despite making higher provisions again
May 22, 2015 11:28 PM
Fair trade regulator CCI on Friday ordered a detailed probe against Swedish telecom giant Ericsson, after it ‘prima facie’ found the company in violation of the competition norms. The order follows complaints that the practices adopted by Er
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