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The conversion will result in dilution to all the existing shareholders of the company, including the promoters, the company said. File image.

Vodafone Idea board approves 35.8% equity allotment to govt.

The Hindu Bureau Move as per scheme offered by DoT for settlement of dues.

Photograph used for representational purposes only

Court dismisses SpiceJet’s appeal against order to wind up

Legal Correspondent The Madras High Court however, extended the interim stay granted till Jan 28, to allow the airline to prefer a further appeal in the Supreme Court

24 Mantra is part of Sresta Natural Bioproducts Pvt Ltd. File

Sresta Natural Bioproducts files draft papers for IPO

The Hindu Bureau The company is in the business of procuring, processing, manufacturing, marketing and research and development of organic food products.

4hrs

Pierre-Olivier Gourinchas. Photo: Twitter/@pogourinchas

IMF names UC-Berkeley’s Pierre-Olivier Gourinchas as next chief economist

Reuters As Economic Counsellor, Pierre-Olivier Gourinchas will serve as director of the IMF’s Research Department

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Sresta Natural Bioproducts files draft papers for IPO

IMF names UC-Berkeley’s Pierre-Olivier Gourinchas as next chief economist

This decade will see India leading global economic growth: Chandrasekaran of Tata Sons

Court dismisses SpiceJet’s appeal against order to wind up

Vodafone Idea shares crack 19% after board offers 35.8% stake to governemnt

Vodafone Idea board approves 35.8% equity allotment to govt.

Adani Power, GUVNL settle dispute over power purchase agreement

Adani group decides to waive ₹12,000 crore compensation

Suit against Fortis claims $6 billion in damages

Fortis Healthcare said a U.S.-based entity has filed a suit against it and others, including IHH Healthcare Berhad, for alleged “copyright

KVB customers can pay customs duty online

Private sector lender Karur Vysya Bank Ltd.’s customers can now remit customs duty payment electronically by selecting the bank’s link in ‘ICEGATE’

L&T unit bags significant order from NHSRCL

Larsen & Toubro (L&T) on said its construction arm has bagged a ‘significant’ order from National High Speed Rail Corporation Ltd. (NHSRCL).

Ucal Fuel closes ‘unviable’ plant in Puducherry

‘Products have become obsolete’

Third wave set to delay multiplex recovery: Crisil

‘Big ticket movie releases postponed indefinitely’

Indian IT firms to log 20-30% growth in 2022: analysts

‘Digital transformation to power deals’

U.K. Secretary of State for International Trade to launch FTA talks in Delhi on January 12

The schedule for the 2-day visit to India will include bilateral talks between Anne-Marie Trevelyan and Commerce and Industry Minister Piyush Goyal, the Department for International Trade said.

Vistara fleet comprises 50 aircraft; 12 planes added in last 21 months

Vistara fleet comprises Airbus A320, A320neo, A321neo, Boeing 737 and B787 planes

Two lakh more got jobs in 9 sectors in July-Sept. last year

Report, released by Labour Minister, covers manufacturing, construction, trade, transport, education, health, accommodation and restaurants, IT/BPOs and financial services

Less than 100 workers of Foxconn return to one of the dormitories, operations to resume in phased manner

Resuming operations with full workforce to take some more months

Amazon moves tribunal against CCI order

Amazon has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India (CCI) order that

Ask us: On investments

Another option is an LIC pension scheme for senior citizens called Pradhan Mantri Vaya Vandana Yojana.

Half-truths and promises galore

Your friendly neighbourhood insurance agent, usually a family friend or even a relative, has you in his sights!

Keep an eye on the portfolio

When taking buy/sell investment calls, investors must understand that the market is not under their control

Devas can seize only 50% of Air India’s assets, says Canada court

It quashes order permitting seizure of funds belonging to Airports Authority of India.

Omicron effect: IndiGo to cut 20% of its flights

Surge in COVID-19 cases hits travel demand

Former RBI governor Urjit Patel appointed vice president of AIIB

He has been appointed vice-president of Beijing-based Asian Infrastructure Investment Bank

Bharti to skip option on AGR interest dues

Telecom operator Bharti Airtel will not avail the option of conversion of the interest on deferred spectrum and AGR dues to equity, under the reforms

OYO booked over 5 lakh nights for New Year’s eve

Bookings were worth ₹110 crore: CEO

Reliance arm to acquire New York city luxury hotel

Mandarin Oriental New York is an iconic luxury hotel located at 80 Columbus Circle, directly adjacent to the pristine Central Park and Columbus Circle in New York city

Godrej MEP eyes 25% growth from data centres

Firm plans to invest ₹25 cr. in 2 years

TCS retains passport project; chip-based e-passports soon

Largest software exporter TCS on Friday bagged the second phase of the Passport Seva Programme (PSP), after an over decade-long work in the first

TCS Board to consider buyback proposal on Jan. 12

Smaller peers like Infosys and Wipro have also undertaken buyback programmes to return surplus cash on their books to shareholders.

Reliance raises $4 billion in foreign currency bonds

‘Largest issuance by an Indian firm’

Electronics industry urges cut in import tariffs

‘High rates negate benefits of PLI’

Reliance raises $4 billion in India’s largest-ever foreign currency bonds issue

This is the largest ever foreign currency bond transaction in India, eclipsing ONGC Videsh Ltd’s $2.2 billion bonds issue of 2014.

Delhi HC throws out Subramanian Swamy’s plea against Air India-Tatas deal

BJP leader had sought quashing of disinvestment process

Jet Airways says its VP-operations Sudhir Gaur has quit

The grounded airline in a regulatory filing clarified that Sudhir Gaur was not the interim CEO of the company.

Cairn drops all lawsuits against India

Britain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the U.S. to France and to Singapore, to

Malabar Gold eyes FY25 revenue of ₹75,000 crore

Firm to spend ₹1,200 cr. on new outlets

NCLAT junks Anil Agarwal-led firm’s takeover of Videocon

IBC provisions not complied with, says the appellate body

Hughes, Bharti form JV for VSAT services

Hughes Communication India Private Limited (HCIPL) and Bharti Airtel announced the formation of a joint venture to provide satellite broadband

Future wins HC stay on arbitration

The Delhi High Court on Wednesday put on hold the Amazon-Future arbitration going on before a three-member arbitral tribunal adjudicating Amazon’s

Government slaps Xiaomi with ₹653-crore demand notice

‘Mobile firm evaded customs duty’

Passenger vehicle retail sales dip 11 % in Dec amid semiconductor woes

Two-wheeler sales also continued to remain in the slow lane last month.

Delhi High Court stays Amazon-Future arbitration over Reliance deal

Amazon and the Future Group have been locked in a bitter legal tussle ever since the latter entered into a deal for the sale of its assets to Mukesh Ambani's Reliance Retail

SpiceJet prefers appeal against order to wind up company for non-payment of $24 million to Swiss firm

The airline said it had deposited $5 million in court to get the order stayed until the filing of an appeal

The failed deal between Antrix and Devas Multimedia

Why has a Canadian court ordered the seizure of more than $30 million worth of AAI’s assets? How can a foreign power issue such an order?

‘Foxconn plant unlikely to reopen until Jan. 7’

Unit was shut after workers’ protest

Musk’s Starlink to refund pre-orders

Billionaire entrepreneur Elon Musk’s Starlink satellite Internet venture told its members on Tuesday the Indian government had asked the company to

‘India spent record $55.7 bn on gold imports in 2021’

‘Deferred weddings conducted last year spurred demand’

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People showing the correct way to wear an N-95 mask.

45K | The best masks to ward off Omicron

Actor Siddharth (L) and Saina Nehwal

42K | Twitter comment | I used to like him as an actor but this was not nice: Saina Nehwal on Siddharth's remark

Vastly different: Most monoclonal antibodies that were effective to treat COVID-19 are no longer effective to treat Omicron disease.

38K | Omicron epidemic: third wave or new pandemic?

Photo used for representation purpose only. File

18K | Explained | India headed for e-passports: Government plans ambitious expansion of digital network and passport offices

13K | The new microchip infused e-passports

A health worker collects a swab sample for COVID-19 test in Bengaluru on January 8, 2022.

13K | India adds 1.79 lakh COVID-19 cases on January 9, 2022

A complete lockdown (essential services exempted) would be in place on January 16 (Sunday).

11K | Places of worship in Tamil Nadu not open for public from Jan. 14-18; complete lockdown on Jan. 16

Gulabo, the female sloth bear. Photo: Twitter. @van_vihar

10K | India's oldest sloth bear Gulabo dies at Bhopal's Van Vihar national park

Prime Minister Narendra Modi’s cavalcade stranded on a flyover 30 km away from Hussainiwala, in Punjab on January 5, 2022. Photo: Special Arrangement

10K | Supreme Court panel to probe PM Modi security breach