Mumbai: Bank unions Friday urged Prime Minister Narendra Modi to take over grounded Jet Airways to secure the future of the 22,000-odd employees of the…
Posts published in “Business”
India’s second largest airline by passengers has been grounded, more than 16,000 employees are jobless and though there is talk of revival of Jet Airways…
London: Embattled liquor tycoon Vijay Mallya once again used social media to reiterate his offer to pay back the debt owed to public sector banks…
New Delhi: Lenders are exploring ways to utilise about 15 planes owned by Jet Airways and also discussing with authorities on protecting the valuable assets,…
At least 280 slots were vacant in Mumbai and 160 in Delhi after Jet Airways – once India’s largest private carrier – ended all operations…
A rapidly growing middle-class population opting to use cards for purchases and rising internet penetration make India an attractive target for cyber criminals. Photo for…
Faced with delay in payments of salaries and prospect of joblessness, hundreds of airline employees had gathered on Thursday at the Jantar Mantar to voice…
Mumbai: Budget carrier SpiceJet Thursday said it will dry lease six more Boeing 737 planes, and roll out of 24 daily new flights connecting Mumbai…
New Delhi: The income tax department on Thursday proposed change in the methodology for taxing multinational companies, including digital firms, having permanent establishment in India…
New Delhi: BBM, once a pioneer of encrypted peer-to-peer communication, on Thursday announced that it will shut down its consumer service on May 31, after…
Reliance Industries Ltd on Thursday reported a record net profit of Rs 10,362 crore in the March quarter as robust revenue from retail and telecom…
On the National Stock Exchange (NSE), Jet shares sank 31 per cent to close at Rs 165.75 apiece. News18 Creative by Mir Suhail Loading… New…
Jet Airways has 10 Boeing 777 in its fleet which it used to serve various popular destinations in Europe and North America before halting the…
After weeks of uncertainty, Jet Airways Wednesday announced temporary suspension of its operations as it did not receive emergency funds to stay afloat. Representative image.…
Shanghai; Amazon plans to close down its online retail operations that cater to consumers in China in an apparent admission of defeat to local e-commerce…
New Delhi: Jet Airways has been grounded for now, even as its lenders and the management remain hopeful of a buyer coming forward to resuscitate…
The company did not provide value of the contracts but said the orders fall under “significant” category which ranges between Rs 1,000 crore and Rs…
Shares of the SpiceJet jumped as much as 15 percent on news that Jet Airways had suspended its operations. Image for representation. (Reuters) Loading… SpiceJet…
Mumbai: Jet Airways shares sank 34 percent on Thursday in a sign investors were sceptical about a revival, even as lenders to the carrier said…
As a part of the free service, Ola has assigned 270 cabs to the election commission which will be made available to ferry PWD voters…
Teetering for over four months due to cash-drought, Jet Airways, flying for over 25 years, Wednesday said its last flight will takeoff later this night,…
The Jet Airways board had on Tuesday authorised chief executive Vinay Dube to make one last appeal to the SBI-led consortium to get a life-line…
Leveraging upon data analytics and technology, the bank has introduced a bouquet of instant products, including the country’s first instant credit card, insta personal loan…
An official announcement of grounding of operations is expected anytime now as the Jet Airways board had Tuesday authorised chief executive Vinay Dube to make…
IRFC raises funds from capital markets and through borrowing for funding expansion plans of the Indian Railways. IRCTC handles the catering and tourism activity of…
The Bengaluru-based company’s revenue also increased by 25.6 per cent to Rs 1,839.4 crore in the said quarter, as compared to Rs 1,464 crore in…
Reliance Retail, the retail arm of billionaire Mukesh Ambani-owned Reliance Industries, is ‘aggressively pursuing the deal’. Reliance Retail currently has the licence to sell Hamleys…
Indian carriers IndiGo and GoAir, which have Pratt & Whitney-powered Airbus A320 neo planes, have been facing problems with these engines, manufactured by the US…
New Delhi: The NCLAT has sought a response from Reliance Group Chairman Anil Ambani within 10 days over a contempt plea filed against him and…
Mumbai: Lessors to Jet Airways Ltd have applied to deregister another four Boeing Co 737 planes, the Indian aviation regulator said on its website on…
Saudi Aramco, which recently beat Apple to emerge as the world’s most profitable company, is the new star in international finance. Aramco’s announcement regarding bond…
The 90-seater variant is part of SpiceJet’s second purchase order for up to 50 Q400 turboprops placed in September 2017 worth USD 1.7 billion. Image…
New Delhi/Bengaluru: Almost a year into writing a USD 16 billion cheque for Flipkart, Walmart CEO Doug McMillon Tuesday said the retail giant continues to…
Mehul Choksi and his nephew diamantaire Nirav Modi are being probed under various criminal laws after the Rs 14,000-crore PNB fraud came to light in…
New Delhi: IT services giant Wipro Tuesday announced an up to Rs 10,500 crore buyback offer, its second in about 15 months, under which 32.3…
Mumbai: Equity benchmark Sensex rallied about 370 points to scale a record closing high of 39,275.64 as investors’ sentiment got further boost from forecast of…
Earlier, state-controlled LIC and Jawaharlal Nehru Port Trust (JNPT) had expressed interest to acquire the signature building with the latter ready to shell out about…
The DDA’s 2020 Housing Scheme will have on offer 11 residential towers with 1,114 flats— comprising 14 penthouses, 168 super (higher income group) HIG flats…
SBI Capital Markets has the mandate for Jet Airways’ sale on behalf of the SBI-led consortium of the domestic lenders to the debt-ridden private carrier.…
Once India’s largest airline with a fleet of 123 aircraft, Jet Airways has now been reduced to a meagre seven-plane operation as losses crossed over…
New Delhi: The shares of Jet Airways slumped over 3 per cent in morning trade on bourses Tuesday, ahead of the meeting where the management…
Indian shares extended gains to record highs on Tuesday, led by index heavyweights ICICI Bank Ltd and Reliance Industries Ltd, amid sustained buying from foreign…
The scrip listed at Rs 633, zooming 17.65 per cent from the issue price on the BSE. It later jumped 22.67 per cent to Rs…
Wipro is scheduled to report fourth-quarter results later in the day. Larger rivals Tata Consultancy Services Ltd and Infosys Ltd kicked off the Indian corporate…
Mumbai: The BSE benchmark Sensex jumped over 200 points in early trade Tuesday led by gains in banking, metal, oil and gas, telecom and auto…
The rupee opened at 69.55 at the interbank forex market, then lost further ground and fell to 69.59, down 17 paise over its last close.…
The co-founder of Indonesia’s Lion Air, one of two airlines that lost passengers and crew in recent crashes involving the 737 MAX, has lashed out…
In an internal communication, chief executive Vinay Dube also said the airline’s board will meet Tuesday to discuss the next step for the carrier. News18…
The audit report for 2017-18, the first year of the goods and services tax (GST) implementation, is to be filed by June 30. Representative image.(Network18…
Mumbai: A foreign brokerage Monday said the Reserve Bank will cut its key policy rates by another 25 basis points, after governor Shaktikanta Das’ weekend…
Wholesale food prices in March rose 3.89 percent year-on-year, compared with a 3.29 percent jump a month earlier, the data showed. Image for representation. (Photo:…
The employees asked the State Bank of India to release funds worth Rs 1,500 crore for the airline. Representative image. Loading… New Delhi: Pilots of…
On the volume front, one lakh shares of the company were traded on the BSE and over 28 lakh shares on the NSE, during the…
Washington: India’s steel export to the US in 2018 declined by 49 per cent to USD 372 million, while that of aluminum increased by 58…
The rupee opened strong at 69.07 at the interbank forex market, then lost ground and fell to 69.24 down 7 paise over its last close.…
Mumbai: Domestic equity benchmarks started on a positive note Monday led by gains in IT bellwether TCS, amid sustained foreign fund inflow and positive global…
New Delhi: India’s largest IT services firm Tata Consultancy Services (TCS) is “hungry” for acquisitions and is scouting for assets that can bring in intellectual…
New Delhi: Infrastructure giant Larsen & Toubro (L&T) plans to hire 1,500 people this year, the same as in previous years, a top company official…
New Delhi: Bank of Baroda, which has become the country’s second largest bank by merging Vijaya Bank and Dena Bank with itself, will undertake evaluation…
New Delhi: Former Niti Aayog vice chairman Arvind Panagariya has said the Modi government has achieved ‘major successes’ in social sector programmes like Ayushman Bharat,…
New Delhi: State-owned Bank of Baroda (BoB) is likely to complete the process of merger of Dena Bank and Vijaya Bank with it in two…
1,100 Pilots of Cash-starved Jet Airways Won’t Fly From Tomorrow to Protest Against Pending Salaries
1,100 Pilots of Cash-starved Jet Airways Won’t Fly From Tomorrow to Protest Against Pending Salaries
The pilots along with engineers and senior management have not received salaries since January. The debt-ridden carrier has also not paid March salary to employees…
Jet Airways on Thursday grounded its services to and from the East and Northeast regions and suspended its international operations till Monday. Consequently, many passengers…
Bawa had resigned from his position in September 2018, after a series of defaults by IL&FS had sent fears of a market crisis. File photo…
Mumbai/Bengaluru: Technology duo Tata Consultancy Services (TCS) and smaller rival Infosys expect continued strong growth in the new financial year, they said on Friday after…
Mumbai: The Reserve Bank of India (RBI) will remain vigilant and strive to revive growth in Asia’s third-largest economy, as well as pushing to maintain…
Mumbai: The employee union of Jet Airways, which is facing its worst crisis, Friday sought to register FIRs against airlines’ founder Naresh Goyal, chief executive…
Last month, Naresh Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt.…
Mumbai: The employee union of Jet Airways, which is facing its worst crisis, Friday sought to register FIRs against airlines’ founder Naresh Goyal, chief executive…
Mumbai: The Prime Minister’s Office (PMO) has called an urgent meeting to discuss the crisis in private airline Jet Airways, which is facing acute financial…
New Delhi: India imported about 5 per cent more oil from Iran in the last fiscal year through March as companies raised purchases ahead of…
New Delhi: India imported about 5 per cent more oil from Iran in the last fiscal year through March as companies raised purchases ahead of…
Mumbai: Jet Airways, facing its worst existential crisis in its over 25-year-old history, on Friday extended suspension of its international operations till next Monday due…
The rate of price rise was also higher in ‘fuel and light’ category. The inflation in the segment rose to 2.42 per cent as against…
Mumbai: Equity benchmarks closed in the green for the second straight session on Friday as investors looked forward to the earnings season with measured optimism…
Bengaluru: IT major Infosys on Friday reported 10.5 per cent growth in consolidated net profit at Rs 4,078 crore for the March 2019 quarter as…
The announcement comes at a time when airfares have been on an upswing across India for the past few weeks due to a sharp decline…
In terms of volume, 1.65 lakh shares were traded on the BSE during the day, while over 31 lakh shares changed hands on the NSE.…
The Tata group had retained the property at a license fees of Rs 7.03 crore per month including GST. Earlier, they were paying Rs 3.94…
On the traded volume front, 59.71 lakh shares were traded on the BSE during the morning trade. Image for representation. (Reuters) Loading… New Delhi: Shares…
Axiata Group, which held 8.1 per cent (valued at Rs 3,771 crore) stake in the telecom major, was entitled to receive 87 equity shares for…
New Delhi: SpiceJet on Friday announced it will induct 16 Boeing 737-800 NG aircraft on dry lease to bring down flight cancellations and expand the…
Domestic air fares jumped by almost 15% on an average between January and March this year as India’s second largest airline by passengers, Jet Airways,…
Strengthening of the greenback vis-a-vis other currencies overseas and rising crude oil prices in the overseas market added pressure to the domestic unit. Representative Image…
Mumbai: Domestic equity benchmark BSE Sensex rose over 100 points Friday ahead of the release of key macroeconomic data and quarterly results of IT bellwethers…
Jet Airways will be operating only nine planes, two Boeing 737s and seven regional Jet ATRs, as the airline grounded its services to and from…
Mumbai: In an indication of a possible hard-landing, crippled Jet Airways on Thursday indefinitely suspended operations to the Eastern and Northeastern states after its active…
Mumbai/New Delhi: The government is monitoring the operational situation at Jet Airways closely to ensure the airline’s compliance with overseas flying rules, official sources said…
Mumbai: In an indication of a possible hard-landing, crippled Jet Airways on Thursday indefinitely suspended operations to the Eastern and Northeastern states after its active…
On the verge of going belly up amid acute cash crunch, the airline has reduced its fleet to just 14 planes as of Thursday–way down…
Mumbai: Benchmark equity indices ended marginally higher after choppy trade on Thursday as voting began in the first phase of the Lok Sabha elections. The…
Mumbai: Indian companies are lining up to seek dollar-denominated debt as global interest rates soften, but only a few are likely to find it as…
Naresh Goyal, the founder of Jet Airways, and his wife Anita Goyal last month stepped down from the board of the ailing airline. File photo…
The IMF Fiscal Affairs Department’s Deputy Director Paolo Mauro said in India’s case, the priority continues to be gradual fiscal consolidation because the gross general…
The Indian government in February had said that bad loans fell by Rs 31,168 crore in April-December 2018-19 compared to NPAs worth Rs 8,95,601 crore…
Mumbai: Domestic equity benchmarks opened on a cautious note Thursday as voting began in 91 constituencies across the country in the first phase of Lok…
While strengthening of the American currency in the overseas market weighed on the domestic currency, sustained foreign fund inflows restricted the fall. Representative Image (Reuters).…
New Delhi: Refuting Congress’ allegations of harming the interests of BSNL and MTNL, Telecom Minister Manoj Sinha Thursday said the two public sector companies have…
The extension of due date for filing sales return came after businesses complained of some issues in the GSTR-1 form while filing the form. Image…
New Delhi: Aviation regulator DGCA announced it de-registered seven Boeing 737-800 aircraft of Jet Airways on Wednesday, allowing its lessors to take the planes out…
New Delhi: Lenders of Jet Airways Wednesday extended the deadline for submission of initial bids for stake purchase in the ailing airline to April 12.…
New Delhi: Rising for the second straight session, the rupee advanced 19 paise on Wednesday to close at 69.11 against the US dollar on strong…
Earlier in the day, a European cargo services provider seized one of its Boeing 777-300ER planes at the Amsterdam airport for non-payment of dues. Representative…
Mumbai: Market benchmark BSE Sensex cracked about 354 points on Wednesday, led by a sudden sell-off in HDFC and HDFC Bank in the later half…
‘We are focused on enabling economic opportunities at every level and are committed towards generating gainful employment and entrepreneurship through our growing network of OYO…
Amid acute financial crunch, which has also forced it to delay salaries to employees and payments to banks, aircraft lessors and vendors, Jet is struggling…
Amid acute financial crunch, which has also forced it to delay salaries to employees and payments to banks, aircraft lessors and vendors, Jet is struggling…
In its BSE release, Vodafone Idea said that 20 billion fully paid up equity shares of face value Rs 10 will be available at Rs…
Selling of the American currency by exporters and IMF’s bullish growth outlook for the Indian economy is said to have strengthed the local currency. Representative…
Mumbai: Domestic equity benchmarks opened on a weak note on Wednesday tracking negative cues from international markets after IMF cut global growth estimate to 3.3…
San Francisco: Qualcomm Inc on Tuesday unveiled a new chip for speeding up artificial intelligence work, aiming to diversify beyond its stronghold in mobile phone…
New Delhi: Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will…
New Delhi: The government has managed to meet the revised fiscal deficit target of 3.4 per cent of the GDP after it cut last minute…
Failing to pay their due salaries from January to March, constitutional and legal actions will be taken, the letter stated. Representative image. Loading… Mumbai: Jet…
SBI has also cut interest rates on housing loans up to Rs 30 lakh by 10 bps. Accordingly, the interest rate on housing loans below…
Mumbai: The BSE benchmark Sensex ended nearly 239 points higher on Tuesday on sustained buying in banking and auto stocks towards the fag-end of the…
New Delhi: Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from…
For the last few weeks, the cash-strapped Jet Airways has been grounding its aircraft due to non-payment of dues to its lessors. Image for representational…
A higher opening in domestic equities is said to have helped in restricting the slide in the Indian unit to some extent. Representative Image (Reuters).…
Mumbai: Domestic equity benchmarks opened on a flat note on Tuesday ahead of the beginning of the earnings season and general elections amid lacklustre global…
Bengaluru: India’s retail inflation is expected to have accelerated in March on slightly higher food prices but remain under the Reserve Bank of India’s medium-term…
Washington: A 67-year-old Indian national has conceded before a US court of trying to obtain American citizenship through fraudulent means, the Department of Justice said…
Adani wants to develop the Carmichael coal deposit in Queensland state, but has faced fierce environmental resistance that has turned the project into a political…
Washington: India retained its position as the world’s top recipient of remittances with its diaspora sending a whopping $79 billion back home in 2018, the…
IT services companies Infosys Ltd and Tata Consultancy Services Ltd are scheduled to report their quarterly results on Friday. Representational Image. Loading… Mumbai: Indian shares…
New Delhi: Passenger vehicle sales in India rose just 2.7 per cent in 2018-19 as weak customer sentiment led by liquidity crunch, high vehicle prices…
The three new overseas services include daily non-stop flights to Jeddah and Dammam and Abu Dhabi while the domestic services will be launched to cities…
The bank’s board will consider the plan when it meets on April 20 to release its quarterly results. Representative Image. (Photo Credit: Getty Images) Loading……
New Delhi: The sale of Punjab National Bank’s 13 per cent stake in PNB Housing Finance is credit positive as it will strengthen the bank’s…
Tokyo: Nissan Motor Co shareholders ousted erstwhile boss Carlos Ghosn as a director on Monday, severing his last ties with the company he rescued from…
The 30-share Sensex opened higher at 38,993.60 against the Friday’s close of 38,862.23. It was trading at 39,013.22, up 150.99 points or 0.39 per cent,…
Forex traders said strong US job data and rising crude oil prices in overseas market added pressure to the domestic unit. Representative Image (Reuters). Loading……
SBI, which is the lead lender of a consortium of domestic lenders that has extended loans to Jet Airways, is looking for “change in control…
Seoul: The head of South Korea’s flag carrier Korean Air — whose family have been embroiled in multiple scandals including an infamous “nut rage” tantrum…
Mumbai: The bidding process for stake sale in the cash-starved Jet Airways is likely to commence from Monday as the bid document is still to…
The option to pay Goods and Services Tax (GST) at reduced rate of 6 per cent would be effective from the beginning of the financial…
The minister’s comments have come against the backdrop of former RBI Governor Raghuram Rajan recently raising doubts over the Indian economy growing at 7 per…
Airlines could expect an annual relief of up to Rs 5,000 crore by way of input tax credit if ATF is brought under GST. File…
RBI said it will examine the proposal upon receiving it from the parties in line with regulatory guidelines. CCTV cameras are seen installed above the…
New Delhi: Three of the 10 most valued firms together added Rs 40,597 crore in market valuation last week, with TCS emerging as the biggest…
New Delhi: India’s coal import increased by 7.8 per cent to 212.11 million tonnes in the April-February period of FY19, a report said. This comes…
New Delhi: Finance Minister Arun Jaitley on Saturday said India is expected to become the third largest economy in the world by 2030 with GDP…
Commerce Ministry data showed India’s export to China totalled USD 13.8 billion whereas its imports from the neighbouring country stood at USD 60.1 billion during…
The Department for Promotion of Industry and Internal Trade (DPIIT) had written to all the ports across the country to keep a tab on the…
The searches were carried out at multiple locations in a number of cities, including the Delhi-NCR, Chandigarh and Kolkata at office and residential premises of…
The commerce ministry on April 4 had called a meeting of stakeholders including export promotion councils and other government departments to discuss ways to increase…
New Delhi: There is an urgent need to develop synergies between the telecom service providers and over-the-top (OTT) players for a healthy growth at a…
According to Fitch, the Indian aviation market has seen a sharp increase in airfares in the last few months due to tight supply, which has…
L&T has made an unsolicited offer to acquire majority stake in Mindtree and a committee of the IT firm’s independent directors is looking into it.…
New York: Boeing announced on Friday it would cut the production schedule of its 737 aircraft line following the two recent crashes that have seen…
IndiGo said in a statement it will operate four of the six new flights on regional routes, connecting Allahabad with Kolkata and Raipur. Representative Image…
While there has been no change in ITR-1 or Sahaj, which is to be filled by the salaried class, some sections in ITR 2, 3,…
Jet Airways, in which SBI-led consortium of lenders is set to take management control under a debt-recast plan, has drastically curtailed operations with a fleet…
The scrip was down at Rs 259.15 after opening at Rs 264 on the BSE. Similar trend was witnessed on the NSE where the company’s…
Mumbai: The BSE benchmark Sensex jumped over 200 points in early trade on Friday led by gains in realty, metal, oil and gas and banking…
Singapore: Avolon, one of the world’s biggest aircraft lessors, applied to de-register two planes it had placed with Jet Airways Ltd, making it the first…
New Delhi: The BSNL Employees Union Thursday opposed the government’s proposal to implement a voluntary retirement scheme, alleging that it is a strategy to reduce…
New Delhi: Amid uncertainty over future of Jet Airways, the consortium of SBI-led lenders on Thursday said bids for selling stake would be invited on…
Mumbai: Global ratings agency Fitch on Thursday said there has been a rise in unemployment in the country, and attributed GDP growth deceleration to domestic…
Mumbai: The BSE Sensex closed 192 points lower on Thursday after the RBI lowered GDP growth forecast for 2019-20 and kept its monetary policy stance…
The ED said that the bribe from Augusta Westland was routed through Global Services and Global Trading. Agusta Westland scam accused middleman Michel Christian at…
‘India’s ratings balance a strong medium-term growth outlook and relative external resilience stemming from strong foreign reserve buffers, against high public debt, a weak financial…
Mumbai: Domestic benchmark equity indices turned volatile in afternoon trade Thursday after the RBI cut repo by 0.25 per cent for the second time in…
The Supreme Court had Tuesday declared the one-year-old circular as ‘ultra vires’, in response to a petition by stressed borrowers. File photo of RBI Governor…
The central bank, however, kept monetary policy stance at ‘neutral’ and projected the GDP growth at 7.2 per cent for 2019-20. File photo of RBI…
Mumbai/New Delhi: The Reserve Bank of India (RBI) is likely to cut its policy interest rate by 25 basis points on Thursday, despite some analysts…
Mumbai: Domestic equity benchmarks opened on a cautious note on Thursday ahead of the outcome of Reserve Bank of India’s first bi-monthly monetary policy review…
Forex traders said below-normal monsoon forecast by private firm Skymet and a probable dovish policy stance by the RBI weighed on the domestic unit. Representative…
The business transfer agreement has been signed by Reliance Jio Digital Services Limited with Haptik Infotech Pvt Ltd (Haptik). Logo of Reliance Jio Digital. Loading……
Against the backdrop of persisting concerns over the future of the ailing airline, Goyal said he has conscientiously taken some hard, personal decisions in extending…
Mumbai: Even as the increase in domestic gas prices is in line with the rise in global gas indices, the price notified at USD 3.69/mmbtu…
Mumbai: Cash-starved Jet Airways on Wednesday deferred the March salary payment to its employees, citing “complexities” involved in the finalisation of the debt-recast plan, under…
Mumbai: Breaking its four-day rising streak, the BSE Sensex dropped about 180 points on Wednesday on profit booking and forecast of below-normal monsoon this year.…
The Supreme Court quashed the RBI’s February 18, 2018 circular which directed banks to move against defaulters under the Insolvency and Bankruptcy Code on their…
Washington: The pilots of the Ethiopian Airlines Boeing 737 MAX plane that crashed last month initially took the emergency steps outlined by the manufacturer but…
The airline has around 119 aircraft in its fleet. In the last few weeks, the airline has been grounding its aircraft in tranches due to…
There was zero production and sales of Nano in March. In the same month last year the company had produced 31 units of Nano and…
The latest groundings mean more than two-thirds of its total fleet of about 120 planes is not flying. Representative image/Reuters Loading… New Delhi: Jet Airways…
The local unit, however, pared some gains and was quoted at 68.65 against the American currency at 0926 hrs, displaying gains of 9 paise over…
Mumbai: The BSE benchmark Sensex rose over 150 points in early trade led by gains in banking and auto stocks amid positive cues from other…
The fleet strength in Jet Airways has now come down to 20. File photo of Jet Airways. Loading… Mumbai: Cash-crunch hit private carrier Jet Airways…
Mumbai: The rupee on Tuesday recovered from the day’s low to finally settle at 68.74 against the US dollar with gains of 40 paise amid…
Mumbai: Rising for the fourth session in a row, the BSE benchmark Sensex added another 185 points to hit an all-time closing high of 39,056…
Reserve Bank of India’s (RBI) had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days…
Washington: Eyeing India’s multi-billion dollar fighter jet market, Boeing has offered to build a 21st-century aerospace ecosystem in India for co-developing F/A-18 Super Hornet upgrades…
Mumbai: Growth in India’s manufacturing industry slowed to a six-month low in March as orders and output expanded at a weaker rate, but overall factory…
Bengaluru: The Reserve Bank of India will cut rates for a second consecutive time when its three-day policy meeting ends on Thursday, shortly before the…
Hari Sankaran, the former chairman and managing director of IL&FS, was arrested for ‘abusing his powers in IL&FS Financial Services Ltd through his fraudulent conduct’…
New Delhi: Bank of Baroda (BoB) Monday became the second largest state-owned lender after merging Dena Bank and Vijaya Bank into itself as part of…
Mumbai: State-run Bank of Baroda is catapulting itself for a larger play in the system with the merger of Dena Bank and Vijaya Bank with…
New Delhi: Supply of ultra-clean Euro-VI grade petrol and diesel has begun in cities adjoining the national capital from Monday, Indian Oil Corporation (IOC) said.…
Mumbai: The BSE benchmark Sensex pared significant gains towards the fag-end of the session after touching a record 39,000-level on Monday. The 30-share gauge rallied…
Mumbai: Following the success of the country’s first REIT issue by Embassy Office Parks last week, HDFC chairman Deepak Parekh on Monday said two to…
New Delhi: The new accounting standard for leases will bring substantial visibility of companies’ lease commitments and improve the quality of financial information about companies,…
New Delhi: GST collections scaled record high of Rs 1.06 lakh crore in March, up from Rs 97,247 crore in the previous month, as compliance…
The hike will add to the burden of cash strapped airlines that are already reeling under pressure from cut-throat competition in the sector. Image for…
The latest resolution plan says that the Jet Airways requires a whopping amount of Rs 10,645 crore to sustain its operations. Photo for representation Loading……
Mumbai: State-run Bank of Baroda is catapulting itself for a larger play in the system with the merger of Dena Bank and Vijaya Bank with…
Mumbai: The BSE benchmark Sensex rallied over 265.54 points to 38,938.45 in early trade on Monday, driven by sustained buying mainly in metal, auto and…
Angered by Washington’s refusal to exempt it from new steel and aluminium tariffs, India decided in June last year to raise the import tax from…