New Delhi: Mobile subscriber base of Vodafone Idea and Bharti Airtel declined by nearly 14.5 million and 15.1 million respectively, totalling nearly 30 million subscribers as of March over the previous month, while Reliance Jio added 9.4 million users, according to the TRAI data. Except Jio, all telcos have lost subscribers in March. India’s total […]
Ahmedabad: The Reliance Group, led by Anil Ambani, on Tuesday announced its decision to withdraw the Rs 5,000 crore civil defamation suit, filed in a court here, against Congress leaders and the National Herald newspaper over their statements and an article on the controversial Rafale fighter jet deal. The court of city civil and sessions […]
New Delhi: Paytm Mall on Tuesday said it has been hit by a cashback fraud which could be in the range of Rs 5-10 crore. The fraud was detected through a tool that the company developed in partnership with global professional services firm EY (formerly Ernst and Young), said a Paytm Mall spokesperson. He said Paytm […]
New Delhi: Grounded Jet Airways’ Chief Executive (CEO) Vinay Dube has become the latest senior executive to leave the company, further damaging hopes of the airline’s revival. According to a Jet Airways BSE filing on Tuesday: “We wish to inform you that Vinay Dube, Chief Executive Officer of the company, vide his letter dated May […]
New Delhi: Grounded Jet Airways continues to lose its senior executives dashing hopes of the airline’s revival. The latest to quit the company is its Chief Financial Officer (CFO) and Deputy Chief Executive (CEO) Amit Agarwal. The exit comes days after the airline’s top executive Gaurang Shetty, considered close to founder Naresh Goyal, resigned from the […]
New Delhi: The Enforcement Directorate (ED) on Monday questioned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar here in an ongoing probe into the alleged irregularities and corrupt practices in the sanctioning of a Rs 1,875 crore loan by the bank to the Videocon Group. They appeared before the ED headquarters here […]
New Delhi: ITC chairman Y.C. Deveshwar passed away on Saturday in a Gurugram hospital. He was 72, and was ITC’s longest serving corporate head. The cause of his death is not known. He was diagnosed with cancer a few years ago. He had joined ITC 1968 and became the executive chairman of the company in 1996. […]
New Delhi: State-run Air India has decided to offer a 40 per cent discount on ‘tatkal’ air tickets on domestic routes. The move is set to help flyers get reasonably-priced tickets for emergency travel. Airlines generally sell last-minute ticket at very high prices. “Generally, an emergency leads to the last-minute demand. Such a traveller is […]
New Delhi: Indians bought 23-tonne gold on the occasion on Akshaya Tritiya this year, a rise of four tonne as compared to the previous year, said Surendra Mehta, National Secretary of the India Bullion and Jewellers Association (IBJA), on Wednesday. Market sources said the bullion market was abuzz on Tuesday and people across the country […]
New Delhi: The WhatsApp on Friday told the Supreme Court that it would comply with all the RBI norms when it would formally launch its payment services and for now it was having a trial run of the same that would complete by July. “We can’t launch the product without compliances”, senior counsel Kapil Sibal told […]
