Business

This is the third time that the public sector oil marketing company has cut fuel supply to the airline in the past eight days, which is struggling to keep afloat amid acute liquidity crisis.

RailTel started providing the free public Wi-Fi service at Indian railway stations with a vision of turningRailway stations into a platform for digital inclusion.

Uber is seeking a valuation of between $90 billion and $100 billion, influenced by the poor performance of smaller rival Lyft Inc's shares following its IPO late last month, the sources said.

The move follows a 25 basis points cut in repo rate by the Reserve Bank in its first monetary policy review announced last week.

Essar Steel owns a 10-million-tonne steel mill at Hazira in Gujarat. This was among the first 12 cases selected by the Reserve Bank of India to be resolved under the Insolvency and Bankruptcy Code (IBC).

Jet Airways pilots along with engineers and senior executives have not been paid for the last three months amid cash-drought in the airline that saw an ownership change last month with banks taking majority shares.

The board of directors of Vodafone Idea on March 20 cleared the planned Rs 25,000-crore rights issue at a price of Rs 12.50 per equity share, at a steep discount of 61 per cent to

The addition of 72,705 mega volt amp (MVA) of sub-stations commissioned in FY19 is about 16 per cent lower than that in the previous fiscal, and the slowest pace recorded since FY16.

IMF’s forecast for India lower than that of World Bank (7.5%) and ADB (7.2%).

Airfares have been on an upswing across India for last few weeks due to sharp decline in number of flights primarily caused by grounding of three-fourths of cash-strapped Jet Airways' 119-aircraft fleet.

"India has recently promulgated a number of data localisation requirements that would serve as significant barriers to digital trade between the US and India," the US Trade Representative's 2019 National Trade Estimate Report on Foreign

Aggarwal and Son reached the preliminary deal to inject more cash into the India startup in 2017. Under terms of the agreement, SoftBank would invest $250 million right away and then plow the rest of

Adani Mining chief executive officer Lucas Dow welcomed the Commonwealth's decision, saying underground water levels would be tracked using more than 100 monitoring bores."The measures outlined in the plans will ensure groundwater at the mine,

The BSE Sensex was trading 35.69 points or 0.09 per cent higher at 38,736.22. The gauge had ended 161.70 points lower at 38,700.53 in the previous session.

Ghosn, Nissan’s longtime chairman who helped pull the company out of a deep slump nearly 20 years ago, is now in a Tokyo jail, where he faces four charges ranging from underreporting his executive compensation

Under the resolution plan, the board of Jet Airways approved conversion of the lenders’ debt into equity by the issuance of 11.4 crore equity shares, in accordance with the RBI Circular of February 12.

This is the third straight session of loss for the domestic unit, during which it has lost 126 paise.

Despite new launches, sales failed to revv up during H2 of FY19, which had prompted SIAM to lower sales forecast.

The private companies had touched a peak of 26.8 BCM in 2010-11.

Although the brokerages had expected new cycles, but earnings did not turn up in the past. For instance, Morgan Stanley in 2016 predicted that corporate earnings would turn up in FY2017.

On Monday, IndiGo announced expansion of its international network from the city, besides launching additional domestic destinations, to cater to the demand following withdrawal of several routes by Jet Airways.

Silver too rose by Rs 170 to Rs 38,670 per kg on increased offtake by industrial units and coin makers. Traders said, positive trend overseas and rise in demand from local jewellers led to upward

Some pointers so that you’re in a better position to make important and informed financial decisions.

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, in early deals.

At the Interbank Foreign Exchange, the rupee opened on a weak note at 69.40 then fell further to 69.60 against the US dollar, showing a decline of 37 paise over its previous closing.