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Latest Articles in Services

Etihad To Raise Stake In Cash-Strapped Jet Airways: Source

Goyal's penchant for control, according to people who have worked with him, has emerged as a major obstacle as the airline tries to negotiate a rescue deal, media sources reported last month

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Jet Airways Defaults On Debt Payment To Banks, Shares Drop

The 25-year-old airline is facing financial difficulties and owes money to pilots, lessors and vendors. Intense pricing competition, a weak rupee and rising fuel costs weighed on Indian airlines in 2018

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India Tightens E-Commerce Rules, Likely To Hit Amazon, Flipkart

The new rules said that services provided to vendors on an e-commerce platform and by that entity's affiliates should be done so at arm's length and in a fair and non-discriminatory manner

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Jet Airways' Survival May Rest On Founder Goyal Leaving The Cockpit

"He was a visionary in his day but those days are behind us," said a senior aircraft financier who has done deals with Goyal. "This is the moment of truth for Naresh Goyal."

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Myntra-Jabong CEO Ananth Narayanan Denies He Is Quitting

Narayanan's comments came after a report by the Times of India newspaper today that said he had decided to resign following a change in guard that made Kalyan Krishnamurthy, Flipkart's CEO, his new boss

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India's Largest Hotel Chain OYO Set To Expand Into Britain, Plans To Invest $53 Million In 10 UK Cities

With a plan to expand outside Asia, OYO, India's largest hospitality company plans to invest $53 million to launch in 10 UK cities over the next 18 months through a smartphone based service

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Amazon Logs USD 1 Trillion In Stock Market Value

America's online shopping giant Amazon became second US company after Apple to hit USD 1 trillion in stock market value on account of its better financial discipline in recent quarters

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American Hotel Chain G6 Hospitality LLC Opens 1st Property In India

Already an established brand in USA, G6 Hospitality LLC opened its first property in Zirakpur, Punjab in partnership with domestic company Auromatrix Holdings

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GoAir Overseas Flights To Start From October 11; Will Connect Mumbai, New Delhi With Phuket

The all-inclusive return fares start from Rs 18,999 for the Mumbai-Phuket and New Delhi-Phuket flights by GoAir.

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Uber India Policy Head Shweta Rajpal Kohli Quits

The company has not named a replacement for Kohli yet and is scouting for candidates for the role

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Rajiv Bansal Takes Charge As Air India CMD

His appointment comes at a time when the government is working on the modalities for the disinvestment of the ailing Air India

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Air India CMD Ashwani Lohani Appointed Chairman Of Railway Board

The announcement by the Appointments Committee of the Cabinet came hours after Union Railway Minister Suresh Prabhu indicated that he had offered his resignation to Prime Minister Narendra Modi following the recent train accidents

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Tata Sons Appoints Aarthi Subramanian As Chief Digital Officer

Subramanian, who is currently the Executive Director at Tata Consultancy Services (TCS) will report to Chairman of Tata Sons N Chandrasekaran and will take up her new role in August this year.

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