Companies

Mercedes-Benz. Photo: Reuters
Reliance Jio also introduced a new 'All-in-One' plans to provide customers 300% more benefits, according to the company's statement. Photo: Pradeep Gaur/Mint
The muted demand environment amid economic slowdown weighed on the lender's corporate earnings (Photo: Reuters)
The muted demand environment amid economic slowdown weighed on the lender's corporate earnings (Photo: Reuters)

Yes Bank expects revenue growth to stay muted in Q3

  • The beleagured lender sees some improvement in revenue in Q4 though
  • Yes Bank had posted a consolidated net loss of 629.1 crore for the September 2019 quarter due to a spurt in bad loans

(Photo via @sbigeneral on Twitter)
This development comes in the background of increased activity in the logistics segment in India
A branch of AU Small Finance Bank (Photo via Pinterest)
Branson said that he has decided to place a picture of his great, great, great grandmother Aria. (richardbranson/Instagram )
Branson said that he has decided to place a picture of his great, great, great grandmother Aria. (richardbranson/Instagram )

Richard Branson reveals his family link from Tamil Nadu

  • Richard Branson said that he has decided to place a picture of his great, great, great grandmother Aria
  • Richard Branson said a 'saliva test' was done in the labs, which revealed these results

In the long-term, the startup aims at re-imagining customer journey in an offline and online setting
In the long-term, the startup aims at re-imagining customer journey in an offline and online setting

Bombay Shirt Company raises $8 mn from Lightbox

  • With this, the total capital raised so far stands at $11 million, according to a company statement
  • The Mumbai-based company started as an online customized shirt brand in 2012, with an initial funding of 7 lakh

An aeroplane prepares to land at an airport in New Delhi. (Reuters )
Walt Disney had acquired Rupert Murdoch’s 21st Century Fox Inc. in a $71 billion cash and stock deal in June 2018. (REUTERS)
Walt Disney had acquired Rupert Murdoch’s 21st Century Fox Inc. in a $71 billion cash and stock deal in June 2018. (REUTERS)

K Madhavan appointed new country manager of Disney and Star India

  • Prior to this, Madhavan has served as managing director of Asianet Communications Ltd and vice-president of the Indian Broadcasting Foundation
  • Video consumption has tripled since 2018, with the number of video viewers increasing 1.5 times and the time spent per viewer doubling

Musk's mother, Maye Musk took to Twitter to share a photo of a 23- or 24-year-old Elon working on the broken window of a 1978 BMW back in 1995. (@mayemusk)
Musk's mother, Maye Musk took to Twitter to share a photo of a 23- or 24-year-old Elon working on the broken window of a 1978 BMW back in 1995. (@mayemusk)

Elon Musk's mother shares a 1995 photo of him fixing car window

  • Tesla and SpaceX CEO noted that he could not afford to pay for a mechanic to fix his car, so he did it himself with junkyard parts
  • Musk said that he was repairing the window because thieves had broken in and stolen the radio, which was worth maybe $20

Wabtec has launched a new engineering and technology centre in Bengaluru. (Image for representation)
IAI said it had proposed an interim solution, which was being reviewed by CAAI.
IAI said it had proposed an interim solution, which was being reviewed by CAAI.

SpiceJet grounds three Boeing 737 freighters

  • Internal examination at IAI’s manufacturing facilities showed that there was a potential defect in these freighter aircraft
  • IAI has advised airline companies across the world to ground their freighter aircraft

This is SoftBank-backed Paytm's second fundraise. (Bloomberg)
This is SoftBank-backed Paytm's second fundraise. (Bloomberg)

SoftBank-backed Paytm raises $660 million

  • This is SoftBank-backed Paytm's second fundraise
  • Last month, Paytm had raised $1 billion from SoftBank, Ant, others

In October, an anonymous employees’ group from the company had accused the management (MINT_PRINT)
In October, an anonymous employees’ group from the company had accused the management (MINT_PRINT)

Infosys says not aware of any fresh complaints

  • The clarification comes after news reports said fresh class action lawsuit has been filed against the firm
  • According to news reports, Schall Law Firm, a shareholder rights’ litigation firm based in Los Angeles announced that it had filed a class action lawsuit against Infosys

Wizz has reached an outline deal on the venture with Abu Dhabi Development Holding Co. (Reuters)
Wizz has reached an outline deal on the venture with Abu Dhabi Development Holding Co. (Reuters)

Wizz Air aims to shake up Abu Dhabi with new discount carrier

  • Wizz has reached an outline deal on the venture with Abu Dhabi Development Holding Co., the firms said in a statement
  • Wizz CEO Jozsef Varadi, speaking in the emirate, said the new airline will be named Wizz Air Abu Dhabi

 McDonald’s Photo: Hemant Mishra/Mint
McDonald’s Photo: Hemant Mishra/Mint

McDonald’s Free From Liability for Franchise Labor Violations

McDonald’s Corp. has won a huge victory in a multiyear legal battle over whether it should share responsibility for alleged labor violations in its franchisees’ restaurants, a case that posed a major threat to the franchise model underlying one of the largest employers in the world.

Future Retail runs the Big Bazaar chain of supermarkets. Photo: Mint
Cholamandalam Investment and Finance
Cholamandalam Investment and Finance

Cholamandalam to raise 1,000 crore via QIP

  • Founded in 1978, Cholamandalam Investment’s core business comprises commercial vehicle finance and loan against properties
  • The Murugappa Group-owned financial services company operated 1,029 branches across 27 states in India

Vivek Ramabhadran, vice-president, South Asia, South East Asia and Africa, Swarovski Professional