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Latest Articles in corporate movement

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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Provide Us Level-Playing Field With Airlines Abroad: SpiceJet CMD

SpiceJet CMD Ajay Singh has urged the government that the domestic carriers be given a "level-playing field" with international players who enjoy tax sops, hence, are also able to cushion the impact of high jet fuel prices

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HC Restrains LG Franchisee From Running Disparaging Campaign Against KENT RO

Delhi High Court has asked LG franchisee to disable or remove a YouTube video defaming water purifiers of Kent RO

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SC Stays Delhi HC Order In Fraud Case Involving Ex-Promoter Of Bhushan Steel

The Supreme Court stayed the Delhi High Court and said that Neeraj Singal, ex-promoter, Bhushan Steel cannot be compelled to sign documents by the SFIO under the company law

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Qatar Airways Postpones Plans For Setting Up airline In India; Awaits Clarity On FDI Norms

Seeking clarity on "ambiguous" foreign ownership norms, Qatar Airways Chief Akbar Al Baker said at an event that the FDI rule regarding foreign entities not being allowed to own up to 100 per cent in Indian carriers is not very clear

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Lockheed Martin To Produce F-16 Fighter Jet Wings In India

American security and aerospace giant Lockheed Martin has entered into an agreement with Tata Advanced Systems Limited (TASL) to produce F-16 fighter jets ingenuously in India

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Mahindra Marazzo MUV Launched In India at Rs. 9.99 Lakh Base Price; Will Rival Toyota innova, Maruti Ertiga

Mahindra’s most ambitious project Marazzo MUV comes in 4 variants with the base model priced at Rs. 9.99 Lakh and the topmost model costing Rs.13.90 Lakh (ex-showroom Delhi)

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Mehul Choksi's 41 Properties Worth Rs. 1,210 Crore are Money Laundering Assets: PMLA Authority

PMLA Authority says that ED must continue with attaching Mehul Choksi's properties as money laundering assets in connection with the $2 Billion alleged fraud at Mumbai branch of Punjab National Bank.

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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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Vodafone Idea Merger Complete, To Become India's Largest Telecom Operator

In a bid to take Reliance Jio, Idea and Vodafone merger worth $23.2 will put the 2 companies in a strong position to compete with Jio

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ED Interrogates Chidambaram Again In Aircel-Maxis PMLA Case, Grills Him For The Fourth Over the Case

ED questions Chidambaram for the fourth time regarding the approval of Aircel-Maxis FDI investment proposal in March 2006 when he was the Union Finance Minister

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Lavasa Corporation Set To Face Insolvency Proceedings Today

NCLT admits lenders' plea against Lavasa Corporation under the insolvency and bankruptcy code.

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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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NCDRC Asks Unitech To Refund Rs 58 Lakhs To Hassled Home Buyer

The National Consumer Disputes Redressal Commission asks Unitech to pay the amount within 6 weeks along with a compensation of 10 per cent simple interest per annum on account of deficient service.

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UTI Imbroglio: T Rowe Price Settles Out Of Court, Withdraws Petition From HC

The US Based Investor had moved the High Court earlier this month claiming that the 4 domestic shareholders including the SBI, LIC, PNB and Bank of Baroda were trying to stall UTI's IPO plans.

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