RIL partners with PROLINE to co-brand sports apparels

Mumbai, May 24 : Reliance Industries (RIL) on Thursday said that it has entered in a partnership with ‘PROLINE’ to co-brand a range of sports apparel manufactured using its ‘R|Elan’ fabrics. As per the deal, ‘R|Elan’ co-branded ‘PROLINE’ products will use RIL’s ‘R|Elan Kooltex’ or ‘R|Elan FreeFlow’ fabrics to manufacture garments with special properties of […]

Airtel Payments Bank appoints Anubrata Biswas as MD, CEO

New Delhi, May 24 : Airtel Payments Bank on Thursday announced he appointment of Anubrata Biswas as its Managing Director and Chief Executive Officer. Previously, Anubrata was the Joint General Manager and Retail Business Head – South India with the ICICI Bank, a statement from Airtel Payments Bank said. Commenting on the appointment, Sunil Bharti […]

Deutsche Bank to cut over 7,000 jobs

Washington, May 24 : Germany’s Deutsche Bank (DB) on Thursday announced plans to reduce its number of full-time staff members from over 97,000 to “well below 90,000” to overhaul parts of its investment banking business and bring down costs. In its equities sales and trading business, the bank said it was aiming to reduce headcount […]

India, Netherlands discuss cooperation across various sectors

[New Delhi: Prime Minister Narendra Modi with his Dutch counterpart Mark Rutte at India- Netherlands CEOs Roundtable meeting, at Hyderabad House, in New Delhi, on Thursday. ( /PTI] New Delhi, May 24 : India and The Netherlands on Thursday explored cooperation across multiple sectors at a CEOs Round Table attended by Prime Minister Narendra Modi […]

TN toll rises to 13, Thoothukudi tense

Thoothukudi (Tamil Nadu), May 24 : Tamil Nadu’s Thoothukudi remained tense for the third day on Thursday as one more person injured in police firing in protests against the Sterlite factory died, taking the toll to 13. Selvasekar succumbed to his injuries in the district hospital, as the Tamil Nadu Pollution Control Board issued an […]

Jet’s stocks crash on net loss, auditors’ doubts

Mumbai, May 24 : A day after the airline major Jet Airways’ auditors red-flagged its future plans on cost reduction and fund mobilisation to avert “uncertainties” created by a net loss and negative net worth, the company’s stocks crashed by over 7 per cent on Thursday. The massive plunge in Jet’s scrip comes after the […]