Business

According to analysts, global trade tensions and risk of recession will cast cloud over the sentiment; while lack of major triggers in the domestic market could steer a range bound movement in the near term.

"The order of the NGT is already under challenge before the Supreme Court. However, the Volkswagen Group India will comply with the order of NGT and deposit the money, as directed," the company said.

Slippage on the fiscal front is imminent, with fiscal deficit rising to 3.5 per cent of GDP in 2018-19 instead of budgeted 3.3 per cent, Ind-Ra said.

Industry chamber FICCI urged the RBI to consider cutting the repo rate and CRR to enable lowering of lending rates by banks.

RIL’s telecom unit Reliance Jio notched up a fifth consecutive profitable quarter with the net profit rising 64.88 per cent at Rs 831 crore as against Rs 504 crore a year ago.

Lenders led by State Bank of India (SBI) indicated that they are considering options to bail out the company.

Against the backdrop of instances of P&W engine problems, including mid-air shutdowns, the watchdog has issued directions with respect to flying these aircraft by the two budget carriers.

While average revenue per user of Reliance Jio continued to decline, the impact seems to have mitigated with a sharp increase in customer base to 28 crore by the end of December, from 16 crore

Goyal's offer comes against the backdrop of strategic partner Etihad reportedly putting forward strict conditions, including that Goyal should give up control, for infusing funds into the crisis-hit carrier.

The new recall covers 68,000 various Kia Optima, Sorento and Sportage vehicles from the 2011 through 2014 model years, while Hyundai said it affects 100,000 2011-2014 Hyundai Sonata and 2013-2014 Hyundai Santa Fe Sport vehicles.

The NGT panel was formed in the wake of the 2015 global emission scandal when the company was found guilty of intentionally programming its diesel engines with cheat devices to meet US regulatory standards but

John C Bogle built Vanguard on a cornerstone belief that was anathema to most mutual fund companies — that over the long term, most investment managers cannot outperform the broad market averages

Netflix was drawn into a legal battle last year after a complaint that its first Indian original series “Sacred Games” insulted former prime minister and Congress leader Rajiv Gandhi.

Amul had earlier raised the issue with Google India and sought their help to stop such 'miscreants' from using their platform through paid advertisements.

According to sources, Chandamama alone has been valued at over Rs 25 crore. Geodesic Ltd — the company that owns the magazine — faces provisional liquidation on allegations of fraud and siphoning of funds.

According to the annual report of the Insurance Regulatory and Development Authority of India (IRDAI), as much as Rs 11,905.89 crore was collected by 11 private sector insurers as premium, but they faced insurance claims

After bidding, Infosys has been selected to implement the project

The equity will be infused in two tranches of Rs 4,500 crore in 2018-19 and Rs 1,500 crore in 2019-20, respectively. Fund infusion is being done to augment its capital adequacy and to enable it

Etihad, which holds 24 per cent stake in Jet, had reportedly offered to buy its shares at a 49 per cent discount and release $35 mn to bail out the carrier

Eligible borrowers can now raise ECBs up to $750 mn or equivalent per fiscal under the automatic route replacing existing sector wise limits

Notably, entities requesting tax exemptions still need to provide a justification for valuation of shares “along with supporting documents”.

The SBI move follows the banks’ decision to seek release of assets of former chairman of the now-defunct Kingfisher Airlines, Vijay Mallya, attached by the Enforcement Directorate at the PMLA (Prevention of Money Laundering Act)

AERA has allowed DIAL to levy an x-ray baggage charge, ranging from Rs 110 to Rs 880 per aircraft flying on domestic routes and from $149.33 to $209.55 on international flights

Manoj Sinha says that bidding rules do not apply to backhaul airwaves

With the decision, air passengers flying out from the Delhi airport would have to shell out up to Rs 50 as airlines are expected to pass on the X-ray baggage charges.