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Jet Airways may ground 23 Boeing 737s to cut costs, defaults on salary payment again

The issues were discussed during a meeting with the National Aviators Guild (NAG), the pilot union of Jet, during which Jet Airways also delayed payments to its pilots and engineering staff, the deadline for which was October 9.

Oct 12, 2018

Google India revenue grows 29% to Rs 9,337.7 crore; profit up by 33% in FY18

The net profit was higher by about 33 per cent at Rs 4.072 billion last fiscal as compared to Rs 3.066 billion in the previous year.

Oct 12, 2018

Air India plane hits Trichy airport wall; Civil Aviation Minister Prabhu orders investigation

A portion of the westside wall, the antenna and the instrument landing system (ILS) were damaged in the incident.

Oct 12, 2018

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Centre to raise import tariffs on electronic and communication items to bolster a falling rupee

India said on Thursday it will raise import tariffs on several electronic items and communication devices, in another move to rein in imports and bolster a falling rupee.

Oct 12, 2018

Flipkart co-founder Sachin Bansal to invest Rs 740 crore in Ola

The proposed amount of investment is significant with the fact that it is more than 10 of his personal returns gained from the Flipkart-Walmart deal this year.

Oct 11, 2018

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Is the bubble bursting? Indian stocks sold like there's no tomorrow

With valuations remaining a fundamental concern, Indian markets will now look at the incoming earnings season. If corporate profitability comes under strain that can trigger a further collapse.

Oct 11, 2018

IT raids at media mogul Raghav Bahl's home in Noida, 'The Quint' office

It is understood that the searches are being conducted at the premises of a few other people as part of the ITD action to probe tax evasion by a set of business professionals.

Oct 11, 2018

Rattled Wall Street stock investors fret about a correction

US President Donald Trump blamed the Federal Reserve, which he said has gone "crazy" raising interest rates.

Oct 11, 2018

James Murdoch rumoured to replace Elon Musk as Tesla chairman

Murdoch currently serves on the boards of Twenty-First Century Fox and News Corp.

Oct 11, 2018

Google drops out of bidding for $10 billion Pentagon cloud computing contract

The principles bar use of Google's artificial intelligence (AI) software in weapons as well as services that violate international norms for surveillance and human rights.

Oct 10, 2018

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Gold glitters on Navaratri demand, rises by Rs 200

Bullion traders said increased buying by local jewellers as well as retailers, driven by the beginning of festive demand in domestic spot markets led to the rise in gold prices.

Oct 10, 2018

Oyo to enter Japanese market ahead of 2020 Tokyo Olympics

Oyo has planned an aggressive global expansion plan as the company entered the Japanese market only within a year after launching its operations in China.

Oct 10, 2018

Michael Bloomberg registers as Democrat; running for the White House in 2020?

Former New York City Mayor Michael Bloomberg rejoined the Democratic Party on Wednesday, going back to his political roots weeks before the Nov. 6 congressional elections and amid speculation that he might run for the White House in 2020.

Oct 10, 2018

Delhi consumer commission asks PepsiCo to pay fine of Rs 50 lakh to IPL competition winner

Karishma had won an online game "Pepsi Youngistan Ka Wow" organised by the company during the 2010 Indian Premier League.

Oct 10, 2018

Invest in direct plans of mutual funds to earn higher returns

Most mutual funds available in the market today offer two different types of investment plans - Direct and Regular. Despite the advantages associated with a direct plan, a lot of people end up investing in a regular one.

Oct 10, 2018

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