Search Results for: Asset Reconstruction Companies

Ferrari Chairman and CEO Sergio Marchionne

Sergio Marchionne, the man behind Fiat Chrysler resurrection, dies at 66

Sergio Marchionne died after complications from a surgery conducted at Zurich's University Hospital. He was replaced as CEO of FCA on July 22 by Mike Manley.

Jul 25, 2018

Jio eyes foothold in entertainment industry

The telecom giant aims to set up its own production house to tap the lucrative web series market.

Jul 25, 2018

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Paytm May lose competitive advantage as industry war thickens

Intense lobbying by several American card firms has forced the RBI to soften its stance on local data storage of all Indian transactions, which Paytm has been pushing for.

Jul 25, 2018

Idea–Vodafone bows in front of DoT; pay up Rs 72 billion

The deal is expected to get a final approval from the DoT within next week. After many rounds of deliberations, the DoT was adamant on its demand of Rs 72 billion which was eventually paid by the two telcos

Jul 24, 2018

Reliance Jio effect: Indian telcos continue to register losses

In the last quarter of the fiscal year 2017-18, the revenue of two of India's largest telecom companies Bharti Airtel Ltd and Idea Cellular Ltd has declined. Bharti Airtel Ltd reported a loss in revenue of 3.7% while Idea Cellular Ltd witnessed a decline in revenue at 5.7%.

Jul 24, 2018

Reliance Jio to continue 'freebies' for its phone customers till it reaches 400 million mark in subscriber base

After voice, the competition will be for data services. Reliance Jio is also about to disrupt the home broadband market now.

Jul 24, 2018

OnePlus 5, 5T to get crucial selfie-camera update soon: All you need to know

OnePlus has confirmed to work on a firmware update that will enable OnePlus 5 and OnePlus 5T support Selfie Portrait feature. Read on to know more about this upcoming feature.

Jul 24, 2018

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Surge in auto, cement stocks pushes Sensex to record high

Indian shares gained for the third straight session on Tuesday, with the benchmark BSE index hitting a record, as cement and auto stocks surged on hopes of improved results, while reports suggested a surge in exports to BRICS nations.

Jul 24, 2018

Flipkart to bring down the curtain on eBay India in August

Flipkart had bought the Indian operations of California-based eBay in 2017 and received $500 million as a trade-off for a 5 percent stake for the American E-commerce player.

Jul 24, 2018

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Despite US sanctions, Iran becomes India's second largest oil supplier

Latest figures indicate that Iran toppled Saudi Arabia to become India's second largest oil supplier, with 5.67 million tonnes in the first three months. The country is preparing to wind down on Iranian imports after Trump reintroduced sanctions on the country.

Jul 24, 2018