Jet Airways , battling with financial woes, is already under the lens of Sebi and the corporate affairs ministry for various violations, including alleged corporate governance lapses.

New jobs rise to 11-month high of 9.51 lakh in July; 27 states, UTs on board to implement PM Modi's healthcare scheme from September 25; India to pay Iran in rupees for oil imports from November; Flipkart employees to turn millionaires after Walmart buys employee shares worth $800 million. Watch more in this episode of Business Wrap.

OYO Founder Ritesh Agarwal said that 700 technology experts and engineers have developed over 20 in-house products helping 10,000 plus asset partners globally and making them better hospitality players.

The DNPA is self-funded with contributions from every publishing house at a nominal joining fee.

The Dewan Housing Finance stock fell up to 60 per cent or 364 points in trade today which spurred heavy selling in other housing finance stocks.

According to Gorman, the rupee's depreciation is not a reflection of poor economic management, rather an \"unfortunate consequence\" of external factors.

The old buzz that Dubai-based Emirates Airlines is looking to acquire Abu Dhabi-based Etihad Airways - a move that would create the world's biggest carrier by passenger traffic - is getting louder.

The stock fell up to 8 percent or 19.55 points to 224.70 level in morning trade on BSE, its fresh 52-week low.  At 10:52 am, the stock was trading 5.22% or 12.75 points lower at 231.50. The stock which closed at 244.25 opened at 224.70 in trade today.

Fitch said it believes that a disorderly Brexit (UK exiting from European Union) could significantly disrupt JLR's supply chain and affect the company's earnings and cash generation.

The irony is that the home-grown retailers are starved for cash and need capital and at the same time global giants are finding ways of investing in multi-brand physical retail companies.

AI has transformed functions, tasks, workforce skills, results and there is much more to come.

The country's largest lender State Bank of India on Thursday said it is not in a position to acquire more banks at the moment as it needs 2-3 years to see gains from the consolidation effected last year.

Isha Ambani, the daughter of India's richest man, will get engaged to Anand Piramal, the scion of business tycoon Ajay Piramal, in Lake Como Italy.

Rana Kapoor to retire as Yes Bank MD and CEO by January 2019; Samara-Amazon bags Aditya Birla Group's retail chain; Gujarat Assembly increases MLAs' salary by at least Rs 45,000; and Alibaba's Jack Ma warns US-China trade war could drag for 20 years. Watch more in this episode of Business Wrap.

Dimon said that India's world beating economic growth as well as critical reforms such as GST and the first step in bank mergers are advantages that far outweigh fears arising out of macroeconomic imbalances and a sliding currency

Alibaba is the first foreign company to openly claim it's ready to accept the data localisation rules, while other prominent giants like Amazon, Microsoft, American Express, Google and Facebook have shown reluctance.

Apnidukaan.com is in the business of selling kitchen appliances, electronics and furniture. The owners are now in the process of asking Amazon to remove all references to Apni Dukaan.

Income tax officials inspect books of Jet Airways in Mumbai, Delhi officesThe Income Tax Department on Wednesday swooped down on the premises of Jet Airways in Mumbai and Delhi to carry out an inspection of the books of the crisis-ridden airline for alleged falsification of accounts and siphoning of funds. As many as 50 tax officials are reported to have been pressed into action for the survey operation under Section 133A of the Income Tax Act at the Naresh Goyal-led airline's And...

The Danish bank detailed compliance and control failings amid growing calls for a European Union crackdown on financial crime after a series of money laundering scandals which have attracted the attention of USauthorities.

The tax department is also examining the airline's deal with Godrej Buildcon where Jet is said to have received Rs 1,725 crore as a monetary consideration.