Mukesh Ambani, his wife Nita Ambani and their three children were served notice for alleged “undisclosed foreign income and assets”.
Uber laid off 8% of the organisation, with 170 people leaving the product team and 265 people leaving the engineering team.
Jhunjunwala has been sent to 14-day judicial custody by a local court for investigation into the cheating case.
At least one new unicorn has emerged each year in the NCR region since 2013, showed the study by the Delhi-NCR chapter of TiE, a globaQl not-for-profit organisation.
It also lowered interest rates on fixed term deposits across all maturities by up to 25 basis points, the bank said.
For cost-cutting, the company had laid off around 300 employees in early 2015.
Essel Group, an Indian conglomerate company, has paid Rs 4,450 crores to lenders according to Bloomberg Quint.
Attributing its strategy to focus on local SMEs for its success, Club Factory says it has further strengthened its position to become the leading marketplace for local sellers in India while offering best price to the users.
About 805 shares gained points while 1596 other shares declined.
Share prices of IDBI Bank has seen spike since and has surged by over 10 per cent on BSE.
Tatkal booking was introduced in select trains with an objective of providing accommodation for last-minute travelers and was extended across the country in 2004
Air India might end up cancelling several flights after September 6 as the state-owned fuel retailers have threatened to cut off supplies to the cash-strapped national carrier at Hyderabad and Raipur. “Several flights are operated out of Hyderabad, which is one of our hubs. It will not be possible for[Read More…]
Maruti plans to increase CNG vehicles by 50% this year.
At 11.02 a.m., DLF shares were trading 25.80 points or 15.03 per cent lower at Rs 145.80 apiece.
In Q1, The combined throughput was 13.5 million tonnes, a rise of 2 million from the same period, previous year.
The company employs about 1,00,000 people, including direct and contract workers across 10 company-owned facilities and 125 contract manufacturing plants.
Hit by major corporate governance issues involving unauthorised transactions and understatement of liabilities, Gautam Thapar-led CG Power and Industrial Solutions’ shares too plunged nearly 20 per cent on the BSE.
Tapadia brings with him an experience of over 24 years with organisations like Netmagic Solutions, Trimax, Global Cloud Xchange, Genpact and Reliance Infocomm.
A senior RIL official told Newsd that this has to do with a recent meeting of bankers, where debt exposure to large corporates was reviewed.
Sethia is the same man who once paid $3.6 million for his Boeing aircraft and spent another $600,000 to install a boardroom, bedrooms, sauna and jacuzzi in the plane.