Corporatestrategy

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Don't let lessors repossess aircraft, give SpiceJet credit on oil, service tax: Ajay Singh
Business

Don't let lessors repossess aircraft, give SpiceJet credit on oil, service tax: Ajay Singh

SpiceJet's new promoter Ajay Singh wants some more Government hand holding as he tries to put the airline back on its feet.

Air India must get at least 85% flights on time, crew shortage being tackled: Aviation Min
Business

Air India must get at least 85% flights on time, crew shortage being tackled: Aviation Min

The battle to have AI flights stick to scheduled timings has been launched and the target is to get at least 85% of AI flights to take off and land on time by next month. For the last two months, AI has been surpassing its own dismal on-time performance (OTP) record by reporting only about 60% flights on time.

Zomato's buying spree continues: Co acquires Turkey's Mekanist in all-cash deal
Business

Zomato's buying spree continues: Co acquires Turkey's Mekanist in all-cash deal

Just two weeks after Delhi-based online restaurant search service Zomato entered the US with a big bang, the company today marked its seventh acquisition in the last six months by buying out Turkey's prominent restaurant discovery portal Mekanist in an all-cash deal.

UK's Royal Bank of Scotland to offshore some jobs to India
Business

UK's Royal Bank of Scotland to offshore some jobs to India

Britain’s largest state-owned bank Royal Bank of Scotland (RBS) is to cut some 160 jobs in the UK and offshore around 60 of them to India. RBS has been cutting back its retail operations and the latest job cuts are also part of wider cost-cutting measures.

Not young and cheap: Why India's IT staff is ageing
Business

Not young and cheap: Why India's IT staff is ageing

As the $108-billion industry enters middle age and its growth slows, the three-million-strong workforce is also getting older, making it harder to extract some of the cost advantages of the young, cheap labour for which it is known.

Not just iPhones: What Apple needs to do to regain its magic touch
Business

Not just iPhones: What Apple needs to do to regain its magic touch

Wall Street's nagging doubts about Apple's further growth prospects were magnified late Monday with the release of the company's results for a three-month period that encompassed the holiday shopping season.

SBI spreads footprint on social media: Now on YouTube, next Twitter
Biztech

SBI spreads footprint on social media: Now on YouTube, next Twitter

Nation's largest lender State Bank of India today strengthened its social media presence with the launch of its channel on popular video sharing website YouTube and said it will also be launching its handle on the micro-blogging site Twitter soon.

Twitter's India plan: New offices in Mumbai, hiring from Google, FB
Business

Twitter's India plan: New offices in Mumbai, hiring from Google, FB

With some major plans, social Networking site Twitter is all set to spread its wings in India.

Will 900 mhz spectrum decide future role play in telecom industry?
Business

Will 900 mhz spectrum decide future role play in telecom industry?

As per earnest money deposits made by telecom companies last week, only three players will be bidding for 5 mhz spectrum pan India in each in the two spectrum bands. These are Bharti Airtel, Vodafone and Reliance Jio.

Christ to SRCC: Zomato bets on top undergrad colleges for right talent
Business

Christ to SRCC: Zomato bets on top undergrad colleges for right talent

India's first online food guide Zomato, which is planning on going global, is on a massive recruitment drive. The restaurant listings startup has already made 115 offers this years and prefers freshers from top undergrad colleges rather than India's premier engineering and MBA schools.<br /><br />

Coming soon: Radisson-branded luxury apartments in India
Business

Coming soon: Radisson-branded luxury apartments in India

According to the report, the five-star Radisson Blu Residence and the four-star Radisson Residence will become operational by 2019.<br /><br />

Vodafone in talks with Khaitan for Loop Mobile buyout
Business

Vodafone in talks with Khaitan for Loop Mobile buyout

Khaitan Group is reportedly planning to exit Loop Mobile and has begun talks with potential buyers, reports CNBC-TV18.

Singapore Airlines-Tata JV to aquire 20 Airbus A-320s on lease
Business

Singapore Airlines-Tata JV to aquire 20 Airbus A-320s on lease

The full service airline to be launched by Tatas and Singapore Airlines has decided to acquire 20 Airbus A-320s on lease, informed sources said today.

Micromax aims for world domination: Will enter Russia from 24 Jan
News & Analysis

Micromax aims for world domination: Will enter Russia from 24 Jan

India's No 2 smartphone brand which sold its first handset - a $30 made-in-China model--will start selling phones and tablets in Russia from 24 January

Micromax aims for world domination: Will enter Russia from 24 Jan
Business

Micromax aims for world domination: Will enter Russia from 24 Jan

India's No 2 smartphone brand which sold its first handset - a $30 made-in-China model--will start selling phones and tablets in Russia from 24 January

Vero Moda, Jack & Jones owner may set up multi-brand outlet in India
Business

Vero Moda, Jack & Jones owner may set up multi-brand outlet in India

If Bestseller gets the permission to set up multi-brand retail, all the three brands - Jack & Jones, Vero Moda and Only - would be sold under one roof.

After electronics, big daddy Flipkart is betting on fashion
Business

After electronics, big daddy Flipkart is betting on fashion

The major reasons for etailers getting into private label seem to be margin as most of the etailers are selling branded products at a very thin margins and importantly, are passionate about creating their own product line.

Amul girl to go globe trotting, set to butter up US, Canada
Business

Amul girl to go globe trotting, set to butter up US, Canada

Indian dairy Amul, the brand which represents Gujarat Co-operative Milk Marketing Federation (GCMMF), is planning on expanding its butterly presence within a year as it plans on making yogurt, lassi and curd in New Jersey in a few months.<br /><br />