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BusinessToday.In
New Delhi, December 17, 2018
Weighed down by the development, shares of Naresh Goyal-led company declined as much as 4.55 per cent to touch an intra-day low of Rs 248.10 apiece on the Bombay Stock Exchange, after making negative opening at Rs 253.80 against previous closing of Rs 259.95.


PTI
December 16, 2018
The former chief executive parted ways with the airline after Goyal initiated discussions with his investment partner Etihad Airways for further stake sale to garner funds.


Sumant Banerji
New Delhi, December 10, 2018
From hero to bad guy, the fall of Carlos Ghosn is dramatic. With him gone, Renault-Nissan-Mitsubishi, the world's largest automaker, looks set for a bitter boardroom tussle and an uncertain future.


PTI
December 6, 2018



PTI
November 27, 2018
Jet Airways in its response said the company is optimising its resources in select cities, including re-deploying resources where needed, as part of its turnaround plan.


Manu Kaushik
New Delhi, November 22, 2018
Despite its troubles, it seems that Jet is in better condition than Air India, at least in terms of operational parameters.


BusinessToday.In
New Delhi, November 21, 2018
Jet Airways in talks with many investors to secure funds, says CEO Vinay DubeJet Airways has said it was in active discussion with various investors to secure sustainable financing. \"We are in active discussions with various investors to secure sustainable financing to navigate through the current headwinds and create long-term growth. There is interest in our strong brand and confidence in our business turnaround efforts,\" Jet Airways CEO Vinay Dube said in a letter to its passengers. Dube...


PTI
November 21, 2018
Renault's board stated that \"Mr Ghosn, temporarily incapacitated, remains chairman and chief executive officer.\"


PTI
November 21, 2018



Sumant Banerji
New Delhi, November 16, 2018
The slowdown in China, falling sale of diesel vehicles in Europe and concerns on Brexit has hammered the luxury car-makers' profitability.


BusinessToday.In
November 15, 2018
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.


PTI
November 14, 2018



BusinessToday.In
New Delhi, November 14, 2018
Apple appoints Nokia's Ashish Chowdhary to lead India operationsApple has appointed Nokia's Chief Customer Operations Officer (CCOO) Ashish Chowdhary as operation head for India to oversee the sales function. Chowdhary had joined Nokia in 2003 and will take responsibilities in Apple from January 2019. Apple CEO Tim Cook had recently said how the company has a \"long-term focus on the market\" in India. Chowdhary, replacing the company's current India operations head Michel Coulomb could be a ...


PTI
November 14, 2018
On Monday, the airline reported its third consecutive quarterly loss at Rs 1,261 crore in three months to September.


PTI
November 8, 2018



Mudit Kapoor
New Delhi, November 2, 2018
Till now 12 banks are under the purview of PCA framework. 11 are public sector banks (PSB) and one is a private bank. Seven out of 12 banks have shown improvement after coming under the RBI's PCA list.


Sumant Banerji
October 31, 2018
India's largest automobile manufacturer on Wednesday said it has launched a turnaround program at its UK-based subsidiary Jaguar Land Rove


PTI
October 31, 2018
Tata Motors Wednesday reported a consolidated net loss of Rs 1,009 crore for the second quarter ended September 30, 2018, mainly due to a weak performance by its British arm Jaguar Land Rover (JLR).


PTI
October 31, 2018



BusinessToday.In
New Delhi, October 23, 2018
IL&FS says investment banking firms Arpwood Capital and JM Financial have been appointed as the financial and transaction advisors to guide the new board on solutions for resolution for the crisis-burdened IL&FS.


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