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Hardeep Singh Puri, Union Civil Aviation Minster

Air India sale: Hardeep Singh Puri makes it clear govt will privatise 'Maharajah'

Union Civil aviation Minister Hardeep Singh Puri said that the government should not be in the business of running the airline and it should be rather left to the private sector.

Aug 30, 2019

Tata Nano at manufacturing plant in Gujarat

India's automobile industry to bleed 1 million jobs due to persistent slowdown

The job losses are happening in the major hubs, including Gurgaon-Manesar belt of Haryana, Pune, Jharkhand's Jamshedpur and some parts of Madhya Pradesh's Pithampur.

Jul 25, 2019

Deutsche Bank cuts 18,000 jobs in €7.4 billion overhaul

Hundreds of employees from New York, Tokyo and London offices saw that their careers "ended in an envelope, a hug and a cab ride".

Jul 9, 2019

Deutsche Bank, Deutsche Bank headquarters in Frankfurt, Germany

Why is Deutsche Bank planning to cut 20,000 jobs?

Deutsche Bank has seen a significant 3,900 job cuts in the first quarter and a total of 7,000 job cuts since CEO Christian Sewing took over last year.

Jul 1, 2019

Arbitration court rejected India's plea in case against Japan carmaker Nissan Motor

Singapore court rejects India's plea in case against Nissan

Nissan Motor had sent a legal notice to Tamil Nadu claiming unpaid due worth Rs 5000 crores in 2016.

May 30, 2019

Banking stocks continue rally; HDFC Bank hits 52-week high

Yes Bank leads the banking bulls after global investment firm Deutsche Bank revised its price target for the stock upwards to 300 from 280 earlier; RIL hits a 52-week high.

Mar 14, 2019

Yes Bank shares zoom nearly 30% on clean score in RBI's divergence report

Investors who took huge risk after the drubbing the Yes Bank stock got in the recent past were in for a surprise on Thursday.

Feb 14, 2019

D-Day for Australian banks as bombshell inquiry report set for release

The big banks, insurers, pension funds and regulators who oversee the financial industry are bracing for a brutal summary of their misdeeds and weaknesses, and a list of tough recommendations including possible criminal charges.

Feb 4, 2019

Snail-paced insolvency route forces 16 banks to sell bad loans worth Rs one lakh crore

Many PSBs including Bank of India, Dena Bank and Punjab National Bank are aggressively selling their bad loan to clean up their balance sheet.

Jan 24, 2019

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Budget expectations, Q3 results to guide Indian equities

The NSE Midcap Index has closed at a five-week low and is beginning to witness broad-based selling. Nifty on the other hand has been able to eke out gains based on a select few bluechip stocks.

Jan 20, 2019

Yes Bank shares rise 5% on reports that Deutsche Bank India head leads CEO race

In September, the RBI decreed that Rana Kapoor cannot stay at the helm beyond January 31, and rejected subsequent appeals for revising of the decision. Kapoor's three-year term had expired on August 31.

Jan 15, 2019

Hong Kong Airlines Airbus A330-200 passenger jet

Insurer drops collapse cover for travellers with HNA's Hong Kong Airlines

A Hong Kong insurance provider is to stop offering cover against the possibility of HNA-controlled Hong Kong Airlines folding, according to a notice issued by the insurer to its agents and seen by Reuters.

Jan 4, 2019

After US, European nations mooting ban on Huawei over data security concern

A series of ban in the European countries could lead to a financial crisis in Huawei as it is the largest market of the company outside China.

Dec 25, 2018

Arsenal Emirates Stadium Dennis Bergkamp statue

What does Stan Kroenke's takeover of Arsenal mean for the Gooners future?

The owner of Kroenke Sports & Entertainment (KSE) earlier had a 67 percent ownership of Arsenal's shares. Now, Stan Kroenke owns 97 percent of the shares after buying Russian tycoon Alisher Usmanov's stake as well.

Aug 8, 2018

Nissan, Tamil Nadu close to settling incentives feud in a major win for PM Modi

The automaker is expected to settle for Rs. 20 billion as opposed to the Rs. 49 billion it was seeking in unpaid incentive dues from the Tamil Nadu government.

Aug 2, 2018

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