Jet Airways' deputy chief executive and chief financial officer Amit Agarwal earlier this week had said the company was in talks with \"multiple interested parties\" for fund infusion.

Swedish furniture brand IKEA will turn rice straw into a renewable material source for the IKEA products in a bid to stop crop burning, all telecom operators, except Reliance Jio, failed to meet call drop benchmark in drive test andother business stories

Tata Sons board to meet today to decide Jet Airways takeoverThe board of Tata Sons is likely to meet Friday to discuss a proposal to take over the Naresh Goyal-controlled Jet Airways, which is looking for investors to tide over liquidity crunch that it has been saddled with, according to people familiar with the development. Airline's deputy chief executive and chief financial officer Amit Agarwal earlier this week had admitted that the company was in talks with \"multiple interested parties\...

Given the myriad troubles plaguing AirAsia India, finding a buyer for the Tatas' stake won't be easy.

Tata Sons is gearing up to pay a major chunk of the Rs 10,000 crore dues of Tata Teleservices to the government.

The stock has been gaining for the last four days and risen 41.13% in the period. The small cap stock has lost 50.02% during the last one year and fallen 58.88% since the beginning of this year. Interestingly, the stock has gained 57.04% during the last one month.

Besides Goyal, who along with his family owns 51 percent stake in the carrier, Gulf carrier Etihad Airways holds 24 percent stake in the cash-strapped airline.

Media reports earlier this week suggested that the Tata Group had already started its due diligence process in order to pick up a controlling stake in Jet Airways, which recently reported its third consecutive quarterly losses for the quarter ending September.

Last Monday, shares of the cash-strapped airline had soared 9.5% on reports of initiation of a second round of talks with the salt to software conglomerate for a deal.

The company has already made investments worth Rs 75,000 crore in the state so far.

WhatsApp to appoint India head by year-end; Tatas removed Cyrus Mistry unconstitutionally, says RTI response from RoC Mumbai; LPG price hiked by Rs 2.94 per cylinder; India jumps 23 places in global ease of doing business rankings; Apple India sees 140% jump in net profit to Rs 896 crore in FY18. Watch more in this episode of Business Wrap.

WhatsApp to appoint India head by year-endUnder pressure to curb sinister and fake messages, WhatsApp said Wednesday it will appoint head of India operations by the year-end.\"Our new Head of WhatsApp India, who will be named by the end of the year, will build a local team that can serve our customers in India as well as work with partners and government leaders to help keep people safe,\" WhatsApp spokesperson said in a statement. WhatsApp Vice President Chris Daniels met IT Minister Ravi Sh...

The reply said the way Mistry was removed from the chairmanship of Tats Sons and also as the director of Tata Consultancy Services (TCS), violated the relevant legal provisions under the Companies Act, 2013