Business

Seven employees of IndiGo, and one airside worker each of GoAir and SpiceJet have failed the alcohol tests since the rules were issued, the official said.

SoftBank’s takeover values WeWork, which leases office space to co-working tenants, at about $7 billion. That is a far cry from the $47 billion that the company was valued at in January.

The latest proposal in the project, which is being seen as a major reform in the rail sector, will soon come up for inter-ministerial consultation

According to data available from the Reserve Bank of India, credit card outstandings have spurted by 71 per cent in the last two years from Rs 57,100 crore in August 2017.

However, the distilleries should comply with 'zero discharge' norms, as several mills have been either fined or ordered for closure by the Central Pollution Control Board or the National Green Tribunal in the past.

The Health Ministry, at the same time, is learnt to have sent a request for additional funds of over Rs 1,000 crore for CGHS in the next Budget.

Malpass said innovation in the financial sector, especially the banking sector and sound regulation of non-bank financial companies, will be crucial in turning India into a $5 trillion economy.

India jumped 14 places to 63rd in the World Bank’s annual rankings for ease of doing business released Thursday, helped by a new insolvency law.

India’s gold imports fell for a third month in September to the lowest in more than three years as jewelers cut purchases on poor demand.

Documents for the company’s initial public offering showed that WeWork was racking up huge losses and burning through billions of dollars a year.

Bezos, who owns 57 million shares or around 12 per cent shares in Amazon, lost his net worth by roughly $3 billion after Amazon's stock fell by around 2 per cent in Friday trading.

The subsidiary will also acquire RIL’s equity investment of Rs 65,000 crore in RJIL. It has also proposed a scheme of arrangement between RJIL and certain classes of its creditors, including debenture holders, for transfer

SBI has an exposure of Rs 35,735 crore to the telecom segment as of September. Of this, Rs 9,327 crore has become NPAs. It is difficult to assess the impact of the Supreme Court judgement

The study looks at employment data from three comparable surveys of the National Sample Survey Organisation (NSSO): The Employment-Unemployment Surveys of 2004-05 and 2011-12 and the Period Labour Force Survey of 2017-18.

RIL said that RJIL board has approved a scheme of arrangement between the company and certain classes of its creditors including debenture holders for transfer of identified liabilities of up to Rs 1.08 lakh crore

Budget carrier IndiGo's parent InterGlobe Aviation on Thursday reported widening of its net loss to Rs 1,062 crore for the September quarter, hit by higher costs related to operating lease liabilities.

During the holiday-shortened week, the Sensex lost 240.32 points or 0.61 per cent, and the Nifty slipped 77.95 points or 0.66 per cent.

Gold prices are ruling at around Rs 39,000 per 10 gram on this Dhanteras, as against Rs 32,690 per 10 gram on the same day in 2018.

The country's largest lender SBI on Friday reported nearly a six-fold jump in its consolidated net profit to Rs 3,375.40 crore for the second quarter ended September 30.

Jeff Bezos is about to relinquish the title of world’s richest person to Bill Gates, as Amazon.com Inc. stock tumbled in late trading Thursday.

On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 48, or 0.13 per cent, at Rs 38,400 per 10 gram in 1,964 lots.

Markets, share price today: SBI, Infosys, ICICI Bank, Tata Steel, Asian Paints, HDFC Bank and Maruti too gained up to 2 per cent.

Simultaneously, the Securities and Exchange Board of India (Sebi), which has begun a probe into the allegations, has sought additional information from the company concerning the anonymous complaints against CEO Salil Parekh and CFO Nilanjan

The ED has seized a portion of BPSL’s assets in a money laundering case against its former promoters.

The current losses were up 63 per cent year-on-year, compared to a Rs 651-crore loss in Q2FY19, when the airline was impacted by high fuel costs, rupee depreciation and intense competition leading to low fares.