Can’t ask government to rescue a sick company, says Bench
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
Inflation outlook benign, Das tells MPC
Banks blamed for dropping revival and restructuring plan midway; investors dump company shares
Drug maker Granules India on Thursday said the US Food and Drug Administration (USFDA) has approved its Abbreviated New Drug Application for Acetamin
To help 8,700 asset owner-partners reach business goals
Move to replace faulty airbag inflators
Midsize sports utility vehicle to have common product platform, powertrain
Top losers in the Sensex pack included Yes Bank, Vedanta, Infosys and ITC, falling up to 4.18%
Equity benchmark Sensex retreated from its lifetime high to close 135 points lower on April 18
Profit from its retail business jumped 77% and that from telecom rose by 78.3%
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.
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
Ministry says regulators monitoring situation to ensure rules are followed
Reliance Retail already holds licence to sell the toys
Company to dole out anniversary dividends; full fiscal and Q4 performance exceptional: CEO Ravanan
Segregating rating, non-rating businesses as per SEBI rules
Eyes ₹1,000 cr. revenue from manufacturing in 3 years
Slowing rural demand dampening industry growth, says Nielsen
Associations seek Cotton Advisory Board meet to get clarity on production scene
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
To invest in very large ethane carriers
South Korean auto major unveils Venue, its first-ever connected vehicle in India
Motorists can opt for claims’ approvals across all garages
TEA cities hike in rebate on State, Central taxes and levies
The airline said the decision follows the lenders refusing to offer a lifeline.
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
Lockheed Martin and Tata Advanced Systems would produce the F-21 in India
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
Queries sent to Indigo’s COO Wolfgang Prock-Schauer and its spokesperson remained unanswered.
Airfares on rival carriers have soared and Air France and KLM are operating additional flights to Mumbai.
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.
Apple and American microchip manufacturer Qualcomm said on Tuesday they have agreed to “dismiss all litigation” against each other worldwide in what h
The information technology major’s profit rises 38% while revenue increases 9%
It is similar to U.S. Federal Reserve, says a SBI report
Eyes those ‘untouched by mobiles’
Competition Commission of India (CCI) has approved the merger of Bandhan Bank Ltd. with Gruh Finance Ltd. According to a regulatory filing, CCI appro
He had jointed Vedanta in 2015
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
Shipments hit on 7% cut in incentives
‘Can aid in the reduction of bilateral trade deficit’
Kurl-on buys Spring Air to expand in premium segment To almost double revenues to over Rs 2000 crore by FY21Special CorrespondentMUMBAIKurl-on, brand
It indicates an unprecedented growth in travel and tour sector, says report
Company lost stocks of its radio music player Carvaan, music cards in the blaze
‘Some employee accounts, clients hit’
Investors told to roll over FMPs or redeem at current NAVs
Persistent foreign fund inflows and heavy buying in domestic equities supported the rupee and capped the losses to some extent
Silver too followed suit by gaining ₹250 to ₹38,350 per kg
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
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.
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
Forex dealers said, strengthening of the American currency in the overseas market weighed on the domestic currency.
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.
Trade deficit narrows to $10.89 bn; best growth rate for exports since Oct. 2018
Eyeing $4 billion this year in India from Galaxy A range
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
NSE and BSE account for 96% of currency trading in the Asia-Pacific region in 2018
Strong, continuous demand drives decision, says official
TCS up 4.78%, Infosys down 2.83%
Keen to retain ‘neighbourhood’ profile
AM International to sell surplus power to State utilities
TCS employees disappointed after company gifts a Titan for its golden jubilee
₹441 cr. raised via IPO to help retire debts; MD Shah to have 58% equity post OFS
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
Sectorally, metal, auto and IT stocks were leading gainers amid sustained foreign fund inflow.
Four other executives are being charged, the prosecutors office said in a statement.
Silver also declined by ₹80 to ₹38,100 per kg on decreased offtake by industrial units and coin makers.
The Wholesale Price Index (WPI) based inflation was at 2.93% in February. It was 2.74% in March 2018.
The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors.
Forex dealers said strengthening of the American currency in the overseas market weighed on the domestic unit.