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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.


PTI
October 19, 2018



BusinessToday.In
New Delhi, October 19, 2018
Though the proposal from Tata has been a breather for Jet Airways, the initial talks seems to have failed as Tata has rejected Jet's proposal of 26% stake and board level positions.


PTI
October 18, 2018
The ailing national carrier would be utilising the funds to mainly meet its working capital requirements.


PTI
October 18, 2018



Nevin John
October 17, 2018
The latest news is that Tata Steel plans to match the offer price of JSW Steel for Bhushan Power & Steel (BPSL). It is likely to revise its bid to Rs 19,700 crore from its earlier Rs 17,000 crore.


BusinessToday.In
New Delhi, October 15, 2018
The Mumbai-based full-service airline has been suffering from the cash crunch for the past few months, resulting in constant delays in the salaries of its employees.


Anand Adhikari
New Delhi, October 15, 2018
The government has brought in a new board to rescue crisis-ridden IL&FS. What can it do quickly to prevent further damage?


BusinessToday.In
October 8, 2018
The government is going to announce a turnaround plan (TAP) for debt-ridden Air India that will reportedly include transfer of the national carrier's working capital debt of Rs 30,000 crore and non-core assets to a special purpose vehicle.


PTI
New Delhi, October 2, 2018
While assuring their \"complete support\", the independent directors say the government's action is the correct one as it enables reaching out to various counter parties, including debtors and creditors of IL&FS, from a position of strength and clarity.


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