Twitter appoints Manish Maheshwari as India MD
Twitter India on Monday appointed Manish Maheshwari, ex-CEO of Network18 Digital, as the Managing Director for its India operations....
Business
4 of 11 Tesla board members to step down by 2020
In a move that is likely to weaken the powers of Electric Vehicle (EV) maker Tesla Founder Elon Musk and cut some of his strongest allies from the board of directors, the company has said that four of its 11-member board would step down by 2020, thus shrinking the board's size by more than a third....
Balanced approach essential on foreign currency debt
Recent news about an increase in Indian corporates and state entities issuing dollar bonds is welcome news, especially since it clearly shows investor appetite for lending to credible Indian business models. However, relatively easy liquidity and high investor appetite for lending in the international markets must be tempered by the fact that bor...
Air India takeover of Jet will ensure lucrative routes
Government-owned Air India can take over Jet Airways and get back the lucrative international/domestic routes if there are no white knight for the private airline, said a top All India Bank Employees' Association (AIBEA) leader....
Microsoft acquires Express Logic to push IoT dream
Microsoft has acquired San Diego-based software company Express Logic, that makes software for Internet of Things (IoT) devices, to accelerate IoT development for billions of devices at scale.
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Air India keen on taking 5 grounded Jet Boeings
Air India wants to take 4-5 wide-body Boeing 777 aircraft of the now-grounded Jet Airways and may hold discussions for it with the airline's lead lender State Bank of India (SBI)....
Jet suspends operation, airways stocks tank 30%
Jet Airways scrips tanked over 30 per cent on the BSE during the early trade on Thursday, after suspension of operations over refusal of lenders to provide emergency funding.
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Kerala's IBS to provide IT support to Etihad Airways
Kerala-headquartered IBS Software (IBS), a leading provider of new generation IT travel solutions, has signed a pact with Etihad Airways, the UAE national airline, to help enhance its operations.
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Jaypee homebuyers can sue JAL after SC order
The Supreme Court has declined to stay the apex consumer commission's order, which held that home buyers in Jaypee Infratech Ltd (JIL) can move the consumer forum against JIL's parent company, Jaiprakash Associates Ltd. (JAL), for compensation and possession of their respective flats....
Mallya expresses sympathy with Goyal, slams Centre
Embattled liquor baron Vijay Mallya has once again attacked the government for discriminating between the public sector and private airlines while extending solidarity with crisis-hit Jet Airways and its founder Naresh Goyal.
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