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News Lenders File For Jet Airways' Bankruptcy; Hearing From Wednesday
The consortium of 26 bankers led by State Bank Tuesday took the grounded Jet Airways to the National Company Law Tribunal to recover their dues of over Rs 8,500 crore. The tribunal will hear the matter Wednesday.Jet Airways, started over 25 years ago by airline- ticketing-agent-turned-entrepreneur Naresh Goyal, stopped flying on April 17 after it ran out of cash and the unpaid...
- 4 hrs ago
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News Bharat Day 13 Box Office Collection: Movie Faces A Downward Spiral
Directed by Ali Abbas Zafar movie Bharat, hailed as the biggest Salman Khan blockbuster this year. The movie managed to collect more than Rs 150 crore in less than a week.Also, it bagged the title of the biggest opening movie that created history by earning Rs 42.30 crore on the very first day. The movie is now struggling to cross Rs 200 crore to enter the club in the second week...
- 4 hrs ago
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News Sneaker To Become An Office Wear Essential?
On David Letterman's Netflix show, 'My Next Guest Needs No Introduction', Kanye West styled him in Yeezy clothes and the Yeezy 700 sneakers. Letterman was quite happy with the makeover and said he would actually go to the store and buy the outfit. Yeezy is a collaboration between Adidas and the American rapper, Kanye West. Their latest Yeezy 350 v2 sneaker, which released this June, had...
- 4 hrs ago
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News Sensex, Nifty End Higher Ahead Of U.S. Fed Meet; IT Stocks Gain
Indian shares ended higher on Tuesday, led by gains in IT and oil marketing companies, ahead of the U.S. Federal Reserve's two-day meeting that begins later in the day. The broader Nifty ended 0.17% higher at 11,691.50, while the benchmark Sensex closed up 0.22% at 39,046.34. The Fed is expected to leave interest rates unchanged after its policy meeting, even as President...
- 5 hrs ago
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News Customer Experience Equals Competitive Advantage
Sitecore in association with BW Businessworld organised 'Elevate the Experience' event in Bengaluru, an exclusive event that saw some of the sharpest and brightest minds from the marketing and advertising world gather to discuss the future of brands in the experience economy. Highlights of the event are as follows: Role of Competitive Advantage Competition is a zero-sum game. Companies...
- 5 hrs ago
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News RateGain Acquires BCV To Help Hotel Chains Maximize Guest Lifetime Value
RateGain today announced the acquisition of BCV, the only hospitality focused social media provider with the capacity to monitor and engage the social universe 24 X 7. BCV, a RateGain company, will now offer a comprehensive Guest Experience Cloud platform with an arsenal of proprietary digital products designed to increase direct sales, provide unparalleled guest...
- 6 hrs ago
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News London-based Law Firm Zaiwalla Appoints Kartik Mittal As Partner
London City law firm Zaiwalla & Co. LLP has announced the promotion of Kartik Mittal to Partner. Kartik who has become the youngest Partner at the firm, was previously the Senior Solicitor, having begun his career at Zaiwalla & Co LLP in February 2009. Kartik is a dual-qualified lawyer (in England & Wales and India) with substantial experience in handling diverse...
- 6 hrs ago
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News Goyal Asks Companies To Submit Concerns On Draft E-commerce Policy In 10 Days
Commerce and Industry Minister Piyush Goyal has asked e-retail companies to submit their concerns pertaining to the draft e-commerce policy of the government within 10 days. The issue was discussed during a meeting between the minister and representatives of e-commerce and technology industry here on Monday. In a statement on Tuesday, the ministry said that e-commerce...
- 7 hrs ago
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News India Sacks 15 Senior Income Tax Officials Over Corruption
India on Tuesday sacked 15 senior tax officials facing probes in corruption cases, sending across a tough message to bureaucrats taking kickbacks for facilitating tax evasion by companies, a government statement said. Last week, the government had dismissed 12 income tax officials who were mainly facing corruption charges. India improved its ranking, among 180 countries, by three...
- 7 hrs ago
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News Investors Continue To Dump Jet Airways Shares; Further Tank 15%
Jet Airways stock tumbled nearly 15 per cent on Tuesday after State Bank of India-led consortium of lenders decided to send the grounded airline to the National Company Law Tribunal. The scrip fell for the 12th consecutive day and plunged 14.93 per cent to a multi-year low of Rs 58.10 on the BSE. At NSE, shares plummeted 14.98 per cent to a multi-year low of Rs 58.15. In 12 trading...
- 9 hrs ago
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