Naresh Goyal not done yet with Jet Airways; former chairman likely to bid for stake in airline
Jet Airways founder and former chairman Naresh Goyal, who along with his wife Anita Goyal resigned from the board of cash-strapped carrier, had said in his farewell speech that the decision was not the end of the journey but the start of a brand new chapter. Amid ongoing speculations over the future of Jet Airways, Goyal is likely to submit initial bids for stake in the airline . Among others, four entities have also expressed interest in the bidding process for stake in Jet Airways.
Maruti Alto emerges as India's best-selling car for 15th consecutive year
It may have lost the crown to stablemate Dzire for the calendar year 2018, but a steep decline in sales for the last three months of fiscal 2019 (January-March period) has seen the compact sedan lose the advantage to long-time bestseller Maruti Alto. A 4.4 per cent growth in the last quarter as against an over 16 per cent decline in sales of the Dzire helped its cause.
Nine states to raise Rs 9,800 crore through selling securities
Nine state governments, including Maharashtra, Rajasthan and Tamil Nadu, will raise Rs 9,800 crore by selling securities on April 15, the Reserve Bank said Thursday. The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system, it added. The Reserve Bank further said it will determine the maximum yield/minimum price at which bids will be accepted.
India election sees 45.6 million tweets; PM Modi most mentioned figure: Twitter
Conversations around elections kept Twitter buzzing over the last one month with over 45 million tweets being shared, the microblogging platform said Thursday. Prime Minister Modi emerged as the "most mentioned figure" during this first phase of the #LokSabhaElections2019 conversations on Twitter. Interestingly, national security ranked ahead of topics like religion, jobs, agriculture, and taxes and trade in the election conversations.
Amazon's Bezos challenges retail rivals to raise minimum wages
Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday challenged rival retailers to increase their minimum wages to $16 an hour.
Amazon's wage hike came at a time when U.S. unemployment was at a near two-decade low as retailers and shippers were competing for hundreds of thousands of workers for the all-important holiday shopping season.
Assange arrested in London after 7 years in Ecuador embassy, U.S. seeks extradition
WikiLeaks founder Julian Assange was arrested by British police and carried out of the Ecuadorian embassy on Thursday after his South American hosts abruptly revoked his seven-year asylum, paving the way for his extradition to the United States.