Business

The UK engineering company faces problems with parts of the Trent 1000 engine, leading to the grounding of some 787s for repairs, and separately plans to cut 4,600 jobs.

The board said that the independent enquiry will use forensics, review emails and record the statements of the relevant personnel.

1st Indian company to breach '7-lakh crore mark; `18,836.98 cr added Friday

Operating thrice a week, the new routes will offer Allahabad a six-day/week connectivity, complementing the existing connectivity to/from the city.

"The product approved by the US Food and Drug Administration (USFDA) is a therapeutic equivalent generic version of Suboxone (buprenorphine and naloxone) sublingual film," Dr Reddy's Laboratories said in a BSE filing.

During its Q4 FY2018 earnings call, TCS CEO Rajesh Gopinathan had said the company's intention is "to keep capital return close to 80-100 per cent of annual free cash flow".

Fortis said that the entire process was expected to take six-eight months but due to reasons beyond the company’s control, it has taken over 19 months and is still not complete.

ICICI Bank has urged NCLT to initiate insolvency proceedings against Punj Lloyd while, other lenders, led by State bank of India, have objected to the plea.

Reliance Infra (RInfra) has decided to sell its integrated power operations in Mumbai — generation, transmission and distribution of power in the city and suburbs — to Adani Transmission Limited (ATL).

Carlsberg started operations in 2007 in India, where it sells five types of beer under the Carlsberg and Tuborg brands, according to its website.

General Motors will join a very short list of S&P 500 companies, including Hershey Co. and American Water Works Co., with women serving as CEO and CFO. 

Volkswagen said it held a management board meeting to discuss the latest development in its emissions crisis with members of the supervisory board also being informed. 

Paul Marciano, who has denied the allegations, will remain a board member and stay on as chief creative officer until his contract expires at the end of January.

Yoga guru Baba Ramdev’s Patanjali has offered to pay close to Rs 4,000 crore as upfront payment and another Rs 1,700 crore as capital infusion.

Mistry was unceremoniously ousted from the chairmanship of the holding company of the Tata Group on October 26, 2016.

In the report, one of the USFDA inspectors wrote: “Mr Toshniwal and Mr Reddy Kallam requested that I remove the observations from the FDA-483.

In an email he said had been sent to staff, billionaire Chief Executive Elon Musk said on Tuesday that the cuts were part of a simplification of Tesla's management structure promised last month.

Rahul Chari says interview that while banks will continue to be the gatekeepers of funds, there is an opportunity for fintech companies and the banks to jointly bring new products to market.

On being asked whether Nestle would be able to cross that figure in the future, Nestle India CMD Suresh Narayanan said, ambition is always there and we are trying to get as close as possible to where we were."