 "Mumbai airport")
Adani Group chalks up plan to invest Rs 18,000 crore in airport business
Adani Group is readying to invest Rs 18,000 crore in its airport business, including Rs 10,000 crore in acquiring a large stake in Mumbai International Airport (MIAL). The remaining Rs 8,000 crore is to be spent on developing Ahmedabad, Jaipur, Lucknow, Thiruvananthapuram, and Mangaluru airports. Read More
China's Huawei revenue jumps 56% amid uncertainty over global trade war
A crisis that began with American investigating agencies warning against purchasing Huawei products two years ago has turned into a storm with full sanctions on the firm by the US government. Read More
A crisis that began with American investigating agencies warning against purchasing Huawei products two years ago has turned into a storm with full sanctions on the firm by the US government. Read More
Hindustan Unilever, Reliance Retail on opposite sides of the rural debate
India largest retailer Reliance Retail and the country’s largest consumer goods company Hindustan Unilever (HUL) have contrasting views on rural growth. Read More
India largest retailer Reliance Retail and the country’s largest consumer goods company Hindustan Unilever (HUL) have contrasting views on rural growth. Read More
Reliance Jio questions legality of Trai's IUC paper, invokes Article 14
Reliance Jio has questioned the legality and credibility of the Telecom Regulatory Authority of India's (Trai's) consultation paper on deferment of inter-connect user charges (IUC) regime, saying it is not only bad in law and against consumer interest but also violates Article 14 and 19 (1) (g) of the Constitution. Read More
Reliance Jio has questioned the legality and credibility of the Telecom Regulatory Authority of India's (Trai's) consultation paper on deferment of inter-connect user charges (IUC) regime, saying it is not only bad in law and against consumer interest but also violates Article 14 and 19 (1) (g) of the Constitution. Read More
Wipro plans to promote around 5,000 employees to check attrition
Information technology (IT) services major Wipro is planning to promote around 5,000 employees in the coming quarters, to check attrition and make the IT firm ready for future demand. Read More
Information technology (IT) services major Wipro is planning to promote around 5,000 employees in the coming quarters, to check attrition and make the IT firm ready for future demand. Read More
Chalet Hotels may buy out Accor's Novotel in Pune for Rs 290 crore
Chalet Hotels, the Indian owner of Marriott-operated hotels, is all set to buy out Accor Hotel's Novotel Hotels in Pune, according to people aware of the deal. Valued at an estimated Rs 290 crore, the buyout is part of K Raheja Group firm’s inorganic growth strategy as it seeks to expand presence beyond Mumbai, Bengaluru, and Hyderabad. Read More
Chalet Hotels, the Indian owner of Marriott-operated hotels, is all set to buy out Accor Hotel's Novotel Hotels in Pune, according to people aware of the deal. Valued at an estimated Rs 290 crore, the buyout is part of K Raheja Group firm’s inorganic growth strategy as it seeks to expand presence beyond Mumbai, Bengaluru, and Hyderabad. Read More
Industrial growth story in Maharashtra, Haryana: Fall of 12% vs 3.3% rise
Maharashtra’s share of invested capital in the industrial sector has declined over the last few years, even as Haryana gained. Maharashtra remains the larger of the two by far, but recent trends are a study in contrasts. Read More
Maharashtra’s share of invested capital in the industrial sector has declined over the last few years, even as Haryana gained. Maharashtra remains the larger of the two by far, but recent trends are a study in contrasts. Read More
Dalmia Bharat Cement plans expansion, aims to become pan-Indian player
Dalmia Bharat Cement is planning to expand beyond southern and eastern India and become a pan-India player by setting up units in the western and northern parts of the country. Read More
Dalmia Bharat Cement is planning to expand beyond southern and eastern India and become a pan-India player by setting up units in the western and northern parts of the country. Read More
Whistleblower Accuses Infosys of ‘Unethical’ Practices to Boost Nos
An anonymous group calling itself “ethical employees” has complained to the board of Infosys and the US Securities and Exchange Commission (SEC) alleging that the company is taking ‘unethical’ steps to boost short-term revenue and profits and stating that the complainants have emails and voice recordings to substantiate the claims, reports Economic Times.
Global energy giants line up for BPCL sale
Saudi Aramco, Rosneft, Kuwait Petroleum, ExxonMobil, Shell, Total SA and Abu Dhabi National Oil Co. are among companies that have had discussions with the government on asset sales and are likely to bid for the government’s stake in Bharat Petroleum Corp. Ltd, two people aware of the matter said, reported Livemint.
Saudi Aramco, Rosneft, Kuwait Petroleum, ExxonMobil, Shell, Total SA and Abu Dhabi National Oil Co. are among companies that have had discussions with the government on asset sales and are likely to bid for the government’s stake in Bharat Petroleum Corp. Ltd, two people aware of the matter said, reported Livemint.
