Business

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....

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...

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....

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....

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. ...