ICICI Bank's Board created a new position of a Chief Operating Officer (COO) overnight, to be occupied by Sandeep Bakhshi, who will report to CEO & MD Chanda Kochhar
The Bengaluru-headquartered company, he said, created the middle class aspiration in the country and made them think global. Balakrishnan saw it as an extraordinary story of how a few people with little background came together, built a global company and ran it in a legal and ethical manner, still creating enormous amount of wealth and share it with all stakeholders.
The power sector is bleeding – both in terms of total losses (UDAY commitments alone account for Rs.2.69 lakh crore) and delayed payments.
The bikes — Lock Stock, Rohini, and Interceptor — are based on recently introduced twin motorcycles - Interceptor INT 650 and the Continental GT 650, powered by Royal Enfield’s first 650 twin engines
The service has been launched by Google in order to compete with the iMessage service offered by rival Apple
The decision was taken at the high level meeting convened by Union Minister Arun Jaitley yesterday.
Ever since the conflict of interest allegations emerged against Kochhar, the board has acted as if it was the personal defence team of the embattled CEO
Senators added an amendment targeting ZTE into a sweeping, must-pass national defence spending bill that cleared the chamber on an 85-10 vote.
In the lawsuit filed by buyers of iPhones and iOS apps claimed Apple's monopoly leads to inflated prices and that consumers should be able to purchase the applications from outside parties without Apple's 30 percent service charge.
The ongoing excess capacity may become a source of vulnerability in the next cyclical downturn or if significant imports designated for the US get redirected to Europe as a result of the US tariffs on steel.
Xiaomi Corp is using a range of $55 billion to $70 billion in its discussions with potential cornerstone investors ahead of the planned launch of its Hong Kong initial public offering.
This news is a setback for big pharma companies as they were getting over the patent cliff but could be music for Indian drug makers who are in a race to launch copycat drugs.
According to sources, Patanjali, which has been declared as H2 (second highest bidder), has not yet submitted a revised bid to match or better the highest offer of Rs 6,000 crore by Adani Wilmar.
Kochhar, who is the subject of an inquiry into the alleged Videocon loan deal, will be on leave until the inquiry is completed.
The agency named Mallya and his firms - Kingfisher Airlines Limited and United Breweries (United Breweries Holdings Limited) - in its voluminous prosecution complaint filed before a special Mumbai court under the Prevention of Money Laundering Act.
Almost one million people in India are "testing" WhatsApp's payments service, and the company is working with the Indian government, NPCI and multiple banks to further expand the feature to more users.
As part of the organisational changes, the company has also elevated Europe as regional headquarters as it plans to grant greater autonomy to each region in an effort to spur sustainable growth and enhance innovation, the South Korean company said in a statement.
According to Crisil, passenger vehicle (PV) makers will account for about 70 per cent of this Rs 58,000 crore additional capex, followed by commercial vehicle manufacturers at 20 percent and the balance by two-wheeler makers.
The delivery centre, which is located in the Parisian region, can accommodate up to 230 employees.
The meeting was attended by Piyush Goyal, who has been temporarily given the charge of finance ministry, Civil Aviation Minister Suresh Prabhu, Transport Minister Nitin Gadkari and other senior officials.
Nearly Rs 4 lakh crore has been disbursed as direct benefit transfer to poor people which has led to savings of Rs 90,000 crore by removing fictitious beneficiaries in the last four years.
IndiQube co-founder and Chairman Rishi Das said the company will use the funds to strengthen its execution capabilities and expand in cities like Pune and Hyderabad.
BSH Household Appliances, part of Germany's diversified group Bosch will be launching 17 models in the top loaders to start with the capacity ranging between 7 Kg and 12 Kg, at a price range of Rs 20,099 (7kg) upto Rs 37,999 (12kg).
Himalayan, is sourced from stream aquifer located at foothills of the Shivalik range in the Himalayas.
Mercedes-Benz to lunch all cars with only BS VI compliant diesel engines. The company also plans to upgrade its petrol models to BS VI going ahead.