Banking

SpiceJet's Plan To Hive Off Cargo Business Faces Challenge From Creditors

Lessor, lenders object to airline's plan to hive off logistics arm into a separate business before clearing pending dues Read more

A Year After Deal With L&T, Schneider Sticks With '2 Brand 2 Sales Model'

As part of Rs 14,000-crore deal between L&T and Schneider Electric, brands associated with L&T and used by its E... Read more

Unicommerce Managing Over 1 Mn Daily Transactions, $5 Bn In GMV Annually

Unicommerce aims to get over 2000 brands on board in the current financial year Read more

Glenmark Pharmaceuticals Sees Potential Of NONS To Prevent Covid-19

The firm, which has tasted success with its oral antiviral drug favipiravir, is now betting on the NONS to drive revenue... Read more

Essar Oil Seeks Extension On Settling Value-added Tax Arrears In UK

This seemed to be intended to calm speculation that it may be on the brink of collapse, following media reports to this ... Read more

Invesco Likely To Move Court If Zee Entertainment Fails To Call EGM

ZEEL board has three weeks to call the EGM Read more

CSS Corp Is Looking At IPO In Late 2023 For Its Standalone Business: CEO

Company's CEO says firm is working with business process management (BPM) company Startek on opportunities where they ca... Read more

Jet Airways Staff Approaches Labour Dept Over Non-payment Of Gratuity

The NCLT order, which is public now, provides for a very microscopic settlement for employees, which is pegged at Rs 52 ... Read more

AstraZeneca Pharma India Gets Nod To Import, Market Selumetinib Capsules

Drug firm AstraZeneca Pharma India on Sunday said it has received import and market permission from the Indian drug regu... Read more

Top Property Developers Bet Big On Office Properties As Demand Rises

Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the... Read more

Essar Oil In Talks To Extend January UK VAT Payment Deadline

Essar Oil UK, operator of Britain's Stanlow oil refinery, is in talks with UK authorities over extending a Jan deadline ... Read more

SpiceJet Now Interim Fixed Pay System; Some Pilots Flag Salary Cuts

Budget carrier SpiceJet, which had resorted to hourly-basis pay for pilots amid the pandemic, on Sunday said it has intr... Read more

Kitchenware Brand Tupperware To Set Up 1,000 Retail Stores In 5 Yrs

Tupperware has drawn up aggressive expansion plans, including setting up of 1,000 retail stores across the country over ... Read more

Hines To Expand Realty Biz In India,aim For Partnership With Local Builders

Bullish on demand for premium housing and office spaces, US-based Hines plans to expand its India business and is target... Read more

HAL Signs Pact With Alliance Air For Deployment Of Civil Do-228 Aircraft

This development opens a new vista in civil aviation for HAL, it said, adding the company is keen to increase its footpr... Read more