The Hindu Biz.

Updated: 44 sec ago

HC dismisses plea seeking revival of Jet


Thu, 04/18/2019 - 19:42 - [CET]
Can’t ask government to rescue a sick company, says Bench
Newsitem placed in category: ECONOMY AND FINANCE

Jet passengers to get AI’s ‘rescue fares’


Thu, 04/18/2019 - 19:39 - [CET]
Air India has offered ‘rescue fares’ to passengers booked with Jet Airways and are unable to return from foreign countries. Jet had cancelled its flig
Newsitem placed in category: ECONOMY AND FINANCE

‘Need to address growth challenges’


Thu, 04/18/2019 - 19:28 - [CET]
Inflation outlook benign, Das tells MPC
Newsitem placed in category: ECONOMY AND FINANCE

As Jet folds wings, staff vent ire on lenders, govt.


Thu, 04/18/2019 - 19:27 - [CET]
Banks blamed for dropping revival and restructuring plan midway; investors dump company shares
Newsitem placed in category: ECONOMY AND FINANCE

USFDA nod for Granules’ generic pain relief drug


Thu, 04/18/2019 - 18:55 - [CET]
Drug maker Granules India on Thursday said the US Food and Drug Administration (USFDA) has approved its Abbreviated New Drug Application for Acetamin
Newsitem placed in category: ECONOMY AND FINANCE

OYO Hotels & Homes unveils partner engagement initiative


Thu, 04/18/2019 - 18:29 - [CET]
To help 8,700 asset owner-partners reach business goals
Newsitem placed in category: ECONOMY AND FINANCE

Honda Cars to recall 3,669 units of Accord


Thu, 04/18/2019 - 18:24 - [CET]
Move to replace faulty airbag inflators
Newsitem placed in category: ECONOMY AND FINANCE

Mahindra, Ford to develop C-SUV


Thu, 04/18/2019 - 18:22 - [CET]
Midsize sports utility vehicle to have common product platform, powertrain
Newsitem placed in category: ECONOMY AND FINANCE

Sensex slips from lifetime high on profit booking


Thu, 04/18/2019 - 18:06 - [CET]
Top losers in the Sensex pack included Yes Bank, Vedanta, Infosys and ITC, falling up to 4.18%
Newsitem placed in category: ECONOMY AND FINANCE

Rupee logs 1st gain in four days, recovers 25 paise against dollar


Thu, 04/18/2019 - 17:52 - [CET]
Equity benchmark Sensex retreated from its lifetime high to close 135 points lower on April 18
Newsitem placed in category: ECONOMY AND FINANCE

Reliance Industries Q4 net jumps 9.8% to record ₹10,362 crore


Thu, 04/18/2019 - 15:35 - [CET]
Profit from its retail business jumped 77% and that from telecom rose by 78.3%
Newsitem placed in category: ECONOMY AND FINANCE

Jet Airways: Lenders reasonably hopeful of successful bidding process for stake sale


Thu, 04/18/2019 - 09:14 - [CET]
A consortium of 26 lenders led by State Bank of India (SBI), with 51% stake in the debt trapped airline, has invited bids from potential suitors.
Newsitem placed in category: ECONOMY AND FINANCE

Rupee rises 15 paise to 69.45 vs dollar in early trade


Thu, 04/18/2019 - 07:48 - [CET]
The rupee appreciated by 15 paise to 69.45 against the US dollar in opening trade on Thursday, driven by weakening of the greenback in overseas marke
Newsitem placed in category: ECONOMY AND FINANCE

Your Jet Airways tickets are unlikely to be refunded soon


Wed, 04/17/2019 - 22:06 - [CET]
Ministry says regulators monitoring situation to ensure rules are followed
Newsitem placed in category: ECONOMY AND FINANCE

RIL in talks to buy Hamleys


Wed, 04/17/2019 - 19:14 - [CET]
Reliance Retail already holds licence to sell the toys
Newsitem placed in category: ECONOMY AND FINANCE

IT major Mindtree joins $1-billion club


Wed, 04/17/2019 - 19:05 - [CET]
Company to dole out anniversary dividends; full fiscal and Q4 performance exceptional: CEO Ravanan
Newsitem placed in category: ECONOMY AND FINANCE

Crisil board clears transfer of rating business to subsidiary


Wed, 04/17/2019 - 19:03 - [CET]
Segregating rating, non-rating businesses as per SEBI rules
Newsitem placed in category: ECONOMY AND FINANCE

Panasonic to integrate divisions


Wed, 04/17/2019 - 18:55 - [CET]
Eyes ₹1,000 cr. revenue from manufacturing in 3 years
Newsitem placed in category: ECONOMY AND FINANCE

Dull year likely for FMCG sector: report


Wed, 04/17/2019 - 18:53 - [CET]
Slowing rural demand dampening industry growth, says Nielsen
Newsitem placed in category: ECONOMY AND FINANCE

Rising prices worry cotton trade


Wed, 04/17/2019 - 18:53 - [CET]
Associations seek Cotton Advisory Board meet to get clarity on production scene
Newsitem placed in category: ECONOMY AND FINANCE

ICICI Bank to offer instant auto loans


Wed, 04/17/2019 - 18:53 - [CET]
ICICI Bank will offer loans to its customers who are planning to buy two and four-wheelers up to ₹2 lakh and ₹20 lakh, by providing the final sanction
Newsitem placed in category: ECONOMY AND FINANCE

RIL arm, MOL in pact


Wed, 04/17/2019 - 18:51 - [CET]
To invest in very large ethane carriers
Newsitem placed in category: ECONOMY AND FINANCE

Hyundai ‘connects’ with the customer


Wed, 04/17/2019 - 18:36 - [CET]
South Korean auto major unveils Venue, its first-ever connected vehicle in India
Newsitem placed in category: ECONOMY AND FINANCE

Policybazaar unveils cashless claim settlement of motor cover


Wed, 04/17/2019 - 18:35 - [CET]
Motorists can opt for claims’ approvals across all garages
Newsitem placed in category: ECONOMY AND FINANCE

Tiruppur set to scale a new peak in knitwear exports


Wed, 04/17/2019 - 18:35 - [CET]
TEA cities hike in rebate on State, Central taxes and levies
Newsitem placed in category: ECONOMY AND FINANCE

Jet Airways says it is halting operations from tonight


Wed, 04/17/2019 - 16:08 - [CET]
The airline said the decision follows the lenders refusing to offer a lifeline.
Newsitem placed in category: ECONOMY AND FINANCE

Vijay Mallya laments ‘airline karma’ in message for cash-strapped Jet Airways


Wed, 04/17/2019 - 15:23 - [CET]
In a series of tweets, he claims private airlines were discriminated against by the Indian government, which bailed out State-owned Air India but did not assist his own Kingfisher Airlines and now Jet Airways
Newsitem placed in category: ECONOMY AND FINANCE

F-21 will give India significant edge with greater standoff capability: Lockheed Martin


Wed, 04/17/2019 - 13:21 - [CET]
Lockheed Martin and Tata Advanced Systems would produce the F-21 in India
Newsitem placed in category: ECONOMY AND FINANCE

Mindtree Q4 net up 8.9% at ₹198.4 cr; board declares special dividend of 200%


Wed, 04/17/2019 - 12:14 - [CET]
Mid-sized IT firm Mindtree on Wednesday said its consolidated net profit grew 8.9% to ₹198.4 crore for the March 2019 quarter, from ₹182.2 crore in t
Newsitem placed in category: ECONOMY AND FINANCE

DGCA notice to IndiGo COO over P&W engine, conducts safety audit


Wed, 04/17/2019 - 12:00 - [CET]
Queries sent to Indigo’s COO Wolfgang Prock-Schauer and its spokesperson remained unanswered.
Newsitem placed in category: ECONOMY AND FINANCE

Five things that went wrong for Jet Airways


Wed, 04/17/2019 - 10:41 - [CET]
Airfares on rival carriers have soared and Air France and KLM are operating additional flights to Mumbai.
Newsitem placed in category: ECONOMY AND FINANCE

Adani urges Australian government to give ‘a fair go’ for coal mine project


Wed, 04/17/2019 - 08:11 - [CET]
Gautam Adani-led Adani Group entered Australia in 2010 with the purchase of the greenfield Carmichael coal mine in the Galilee Basin in central Queensland, and the Abbot Point port near Bowen in the north.
Newsitem placed in category: ECONOMY AND FINANCE

Apple and Qualcomm bury the hatchet in royalties battle royale


Wed, 04/17/2019 - 08:00 - [CET]
Apple and American microchip manufacturer Qualcomm said on Tuesday they have agreed to “dismiss all litigation” against each other worldwide in what h
Newsitem placed in category: ECONOMY AND FINANCE

BFSI propels Wipro’s Q4 profit


Tue, 04/16/2019 - 19:12 - [CET]
The information technology major’s profit rises 38% while revenue increases 9%
Newsitem placed in category: ECONOMY AND FINANCE

‘Das may be indicating second generation policy signal’


Tue, 04/16/2019 - 19:12 - [CET]
It is similar to U.S. Federal Reserve, says a SBI report
Newsitem placed in category: ECONOMY AND FINANCE

BSNL starts work on 5G


Tue, 04/16/2019 - 19:11 - [CET]
Eyes those ‘untouched by mobiles’
Newsitem placed in category: ECONOMY AND FINANCE

CCI okays Bandhan Bank, Gruh Finance merger


Tue, 04/16/2019 - 19:10 - [CET]
Competition Commission of India (CCI) has approved the merger of Bandhan Bank Ltd. with Gruh Finance Ltd. According to a regulatory filing, CCI appro
Newsitem placed in category: ECONOMY AND FINANCE

Ajay Dixit appointed CEO of Cairn Oil & Gas


Tue, 04/16/2019 - 19:09 - [CET]
He had jointed Vedanta in 2015
Newsitem placed in category: ECONOMY AND FINANCE

Wipro okays ₹10,500-crore buy-back


Tue, 04/16/2019 - 19:08 - [CET]
Wipro is going in for a fresh ₹10,500-crore share buyback, for which it recently received clearance from SEBI.The board, that met here on Tuesday, app
Newsitem placed in category: ECONOMY AND FINANCE

Apparel exports drop 3.46% on GST effect


Tue, 04/16/2019 - 19:06 - [CET]
Shipments hit on 7% cut in incentives
Newsitem placed in category: ECONOMY AND FINANCE

Export of cotton textiles to China on the rise: Texprocil


Tue, 04/16/2019 - 19:06 - [CET]
‘Can aid in the reduction of bilateral trade deficit’
Newsitem placed in category: ECONOMY AND FINANCE

Kurl-on buys Spring Air to expand in premium segment


Tue, 04/16/2019 - 19:05 - [CET]
Kurl-on buys Spring Air to expand in premium segment To almost double revenues to over Rs 2000 crore by FY21Special CorrespondentMUMBAIKurl-on, brand
Newsitem placed in category: ECONOMY AND FINANCE

‘Indian travellers spent $94 bn on 2 bn trips in 2018’


Tue, 04/16/2019 - 19:03 - [CET]
It indicates an unprecedented growth in travel and tour sector, says report
Newsitem placed in category: ECONOMY AND FINANCE

Saregama India gets ₹32.18 crore in fire insurance claim settlement


Tue, 04/16/2019 - 19:03 - [CET]
Company lost stocks of its radio music player Carvaan, music cards in the blaze
Newsitem placed in category: ECONOMY AND FINANCE

Phishing won’t impact our financials: Wipro


Tue, 04/16/2019 - 19:02 - [CET]
‘Some employee accounts, clients hit’
Newsitem placed in category: ECONOMY AND FINANCE

HDFC MF justifies giving more time to Essel promoters


Tue, 04/16/2019 - 18:54 - [CET]
Investors told to roll over FMPs or redeem at current NAVs
Newsitem placed in category: ECONOMY AND FINANCE

Rupee slips for 3rd day, down 18 paise to 69.60 against dollar


Tue, 04/16/2019 - 15:33 - [CET]
Persistent foreign fund inflows and heavy buying in domestic equities supported the rupee and capped the losses to some extent
Newsitem placed in category: ECONOMY AND FINANCE

Gold snaps 4-day losing streak, gains ₹170 on jewellers’ buying


Tue, 04/16/2019 - 15:31 - [CET]
Silver too followed suit by gaining ₹250 to ₹38,350 per kg
Newsitem placed in category: ECONOMY AND FINANCE

Rising airfares: DGCA meets airlines, to engage with them for appropriate action


Tue, 04/16/2019 - 15:04 - [CET]
With crisis-hit Jet Airways drastically curtailing its operations, there has been an adverse impact on the number of flights being operated on various routes
Newsitem placed in category: ECONOMY AND FINANCE

Wipro Q4 net up 38%, announces ₹10,500cr buyback plan


Tue, 04/16/2019 - 13:56 - [CET]
Wipro saw its net profit increasing by 12.6% to ₹9,017.9 crore, while revenue from operations was up 7.5% to ₹58,584.5 crore.
Newsitem placed in category: ECONOMY AND FINANCE

Sensex, Nifty hit record highs on earnings, monsoon optimism


Tue, 04/16/2019 - 13:05 - [CET]
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
Newsitem placed in category: ECONOMY AND FINANCE

Rupee slips 17 paise to 69.59 vs $ in early trade


Tue, 04/16/2019 - 06:33 - [CET]
Forex dealers said, strengthening of the American currency in the overseas market weighed on the domestic currency.
Newsitem placed in category: ECONOMY AND FINANCE

Sensex jumps over 200 points; Nifty above 11,750


Tue, 04/16/2019 - 06:15 - [CET]
The 30-share index was trading 239.11 points or 0.61 per cent higher at 39,144.95, and the NSE Nifty was trading 63.35 points, or 0.54 per cent, up at 11,753.70 in early session.
Newsitem placed in category: ECONOMY AND FINANCE

Exports outpace imports at 11% in March


Mon, 04/15/2019 - 19:28 - [CET]
Trade deficit narrows to $10.89 bn; best growth rate for exports since Oct. 2018
Newsitem placed in category: ECONOMY AND FINANCE

Samsung sells 2 mn A-series phones in 40 days, clocks $500 mn in sales


Mon, 04/15/2019 - 19:27 - [CET]
Eyeing $4 billion this year in India from Galaxy A range
Newsitem placed in category: ECONOMY AND FINANCE

MRF unveils ‘Ezeeride’ range for motorcycles


Mon, 04/15/2019 - 19:25 - [CET]
Tyre major MRF Ltd. has introduced ‘MRF Nylogrip Ezeeride’ range of motorcycle tyres. The tyres come in 10 sizes for bikes ranging from commuter mode
Newsitem placed in category: ECONOMY AND FINANCE

Indian bourses shine in derivatives


Mon, 04/15/2019 - 19:24 - [CET]
NSE and BSE account for 96% of currency trading in the Asia-Pacific region in 2018
Newsitem placed in category: ECONOMY AND FINANCE

Pennar to double capacity of hydraulic cylinders in Chennai


Mon, 04/15/2019 - 19:23 - [CET]
Strong, continuous demand drives decision, says official
Newsitem placed in category: ECONOMY AND FINANCE

TCS gets thumbs up from investors as Infosys slumps


Mon, 04/15/2019 - 19:23 - [CET]
TCS up 4.78%, Infosys down 2.83%
Newsitem placed in category: ECONOMY AND FINANCE

Kolkata restaurant chain plans expansion


Mon, 04/15/2019 - 19:20 - [CET]
Keen to retain ‘neighbourhood’ profile
Newsitem placed in category: ECONOMY AND FINANCE

SPIC’s holding firm to set up floating solar power plant


Mon, 04/15/2019 - 19:20 - [CET]
AM International to sell surplus power to State utilities
Newsitem placed in category: ECONOMY AND FINANCE

After long wait, it’s a watch from Tata stable


Mon, 04/15/2019 - 19:19 - [CET]
TCS employees disappointed after company gifts a Titan for its golden jubilee
Newsitem placed in category: ECONOMY AND FINANCE

Metropolis Healthcare lists at 9% on debut


Mon, 04/15/2019 - 19:18 - [CET]
₹441 cr. raised via IPO to help retire debts; MD Shah to have 58% equity post OFS
Newsitem placed in category: ECONOMY AND FINANCE

Rupee drops 25 paise to close at 69.42 against U.S. dollar


Mon, 04/15/2019 - 18:12 - [CET]
The rupee on Monday declined by 25 paise to close at 69.42 against the U.S. dollar as Forex traders turned cautious in a holiday-truncated week.At th
Newsitem placed in category: ECONOMY AND FINANCE

Sensex ends 139 points higher; TCS rallies nearly 5%


Mon, 04/15/2019 - 13:38 - [CET]
Sectorally, metal, auto and IT stocks were leading gainers amid sustained foreign fund inflow.
Newsitem placed in category: ECONOMY AND FINANCE

German prosecutors press charges against former Volkswagen CEO Winterkorn


Mon, 04/15/2019 - 13:33 - [CET]
Four other executives are being charged, the prosecutors office said in a statement.
Newsitem placed in category: ECONOMY AND FINANCE

Gold falls by ₹200 on muted demand, extends losses for fourth day


Mon, 04/15/2019 - 13:27 - [CET]
Silver also declined by ₹80 to ₹38,100 per kg on decreased offtake by industrial units and coin makers.
Newsitem placed in category: ECONOMY AND FINANCE

WPI inflation spikes to 3.18% in March on costlier food, fuel


Mon, 04/15/2019 - 09:24 - [CET]
The Wholesale Price Index (WPI) based inflation was at 2.93% in February. It was 2.74% in March 2018.
Newsitem placed in category: ECONOMY AND FINANCE

Jet Airways pilots body appeal to SBI for funds, seek PM intervention


Mon, 04/15/2019 - 08:26 - [CET]
The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors.
Newsitem placed in category: ECONOMY AND FINANCE

Rupee slips 7 paise to 69.24 vs $ in early trade


Mon, 04/15/2019 - 06:28 - [CET]
Forex dealers said strengthening of the American currency in the overseas market weighed on the domestic unit.
Newsitem placed in category: ECONOMY AND FINANCE

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