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Ubers competitors and businesses in the gig economy will also be considering what this means for them. (Photo: AP)

Uber loses USD 1 billion in quarter as costs grow for drivers, food...

Revenue of USD 3.1 billion matched the high end of the range Uber forecast for the quarter and the loss of USD1.0...

31 May 2019 11:51 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM IST

It is very strange that many of our supporters had voted for our party but their votes have not been registered, there are instances where no votes were cast for our party. How is it possible? AMMK leader TTV Dhinakaran said. (Photo: ANI)

Tamil Nadu: Dhinakaran to move EC, alleges non-registration of votes

DMK, alone, was able to sweep the state by winning 23 seats, with a vote share of 32.76 per cent.

26 May 2019 1:59 PM IST

Vedanta Resources chairman Anil Agarwal.

Vedanta lost USD 200 mn in profits in one year of Tuticorin plant...

As many as 20,000 direct and indirect jobs have been lost due to the shutting of the smelter.

17 Jun 2019 11:02 AM IST

Turnover of the co-operative rose by 34 per cent to Rs 27,851.74 cr during 2018-19, from Rs 20,787.55 cr in the previous year.

IFFCO FY19 net profit down 10 pc at Rs 841 cr, turnover up 34 pc at Rs...

IFFCO's total production of fertilisers increased to 81.49 lakh tonnes last fiscal year, from 78.71 lakh tonnes.

14 Jun 2019 12:57 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Allahabad Bank hopes to return in black in Q1, gets board nod for Rs...

During the fiscal, total reduction in NPA accounts stood at Rs 8,584.33 crore.

5 Jun 2019 1:35 PM IST

According to an airport official, over 270 flights were delayed, nearly 50 diverted and an estimated 35 cancelled. No flight could take off from the airport here for nearly four hours between 7.30am and 11.05am on Sunday. (Photo: PTI)

Pakistan lost over Rs 8 billion due to airspace closure: Report

It's a huge loss for our overall (aviation) industry,' Pakistan Federal Minister for Aviation Ghulam Sarwar Khan said on...

19 July 2019 1:50 PM IST

Pakista PM Imran Khan (Photo; AFP)

Pakistan airspace closure affects 400 flights daily, costs Islamabad...

Pak closed airspace following aerial engagement along LoC on February 27 in wake of the suicide attack by JeM that...

3 July 2019 2:38 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

RCom Q1 loss widens to Rs 366 crore

Total income of RCom during the reported period declined to Rs 866 crore from Rs 1,008 crore a year ago.

10 Aug 2019 1:01 PM IST

Online work platforms took off after Ubers founding in 2009. (Photo: AP)

Uber loses USD 5 billion, misses Wall Street targets despite easing...

The company's core business, ride-hailing, grew revenue only 2 per cent to USD 2.3 billion.

9 Aug 2019 9:27 AM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal reports USD 0.447 billion net loss for June quarter

The company said its gross debt was at USD 13.8 billion as of June-end this year.

1 Aug 2019 1:04 PM IST

Flying allowance, which constitutes between 50-80 per cent of a pilots salary. (Representational Image)

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit...

The airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19.

16 Sept 2019 9:46 AM IST