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Reliance to sell 25% in refining business to Aramco to pare Rs 3 lakh crore debt?

Reliance's mainstay refining and petrochemicals operations could be valued at $55-$60 billion in the gargantuan deal, fetching the Indian conglomerate around $10-$15 billion for the minority stake. Apr 17, 2019
jet airways

Jet Airways to temporarily shut operations tonight, last flight at 10.30 pm

The SBI-led lenders' consortium has not been able to find a consensus about the initial fund infusion required to get a rescue plan on the runway. Apr 17, 2019
A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Where is market headed after hitting record high second time in three weeks?

Technical charts predict further upside after benchmark indices set record highs; markets to remain closed on Wednesday for Mahavir Jayanti and on Good Friday. Apr 16, 2019
Naresh Goyal

Naresh Goyal opts not to bid for acquiring stake in cash-strapped Jet Airways

Civil Aviation Minister Suresh Prabhu tweeted on Tuesday that the ministry will be reviewing the fares, cancellations and other issues related to Jet Airways. Apr 16, 2019
SpiceJet Boeing 737 MAX 8.

SpiceJet gains on Jet woes, rising international profile with network expansion

Budget carrier SpiceJet's stock zooms on the third day of gap-up opening as Jet Airways crashes; market expects further upside while lenders dither on rival's recapitalisation. Apr 16, 2019
ICICI Bank

Buzz in banking stocks amid reports of another rate cut; ICICI Bank, SBI rally

Nifty Bank gains momentum early on while all major bank stocks witness price action led; Nifty IT under scanner as results season continues to unwind with Wipro results scheduled on Tuesday Apr 16, 2019
jet airways dgca domestic air traffic passengers safety service customer preity zinta india tickets offers sale angry celeb

Jet Airways' fateful descent accelerates; fuel supply to last just hours

Jet Airways chief executive Vinay Dube said the lenders could not reach a consensus on the emergency funding and the board would meet again on Tuesday to further deliberate on the matter. Apr 16, 2019
TCS

Guidance wording lifts TCS; Infosys drops on macroeconomic outlook

Nifty IT is gaining momentum with IT majors unveiling better-than-expected results and positive outlook; TCS bursts through key resistance levels Apr 15, 2019
RJIO

Reliance Jio's fibre unit readies Rs 27,000 crore war chest to fund expansion

The funds will be used by the company to expand its data network and attract users from other companies and businesses. Apr 15, 2019
Jet Airways

Why is only SpiceJet hiring Jet pilots and engineers at steep pay cuts?

Budget airline SpiceJet is gobbling up disgruntled pilots and engineers of stricken Jet at up to 50% salary discount while IndiGo and GoAir are less interested in poaching crew. Apr 15, 2019
Bombay Stock Exchange (BSE)

Market consolidation to continue amid election uncertainty in a truncated week

IT, banking and oil stocks in focus as earnings season unfolds while election and economy numbers expected to roil shortened week. Apr 14, 2019
Jet Airways

Jet Airways gets a lifeline, airline likely to get Rs 1000 crore on Monday

The latest proposal of fund infusion came after a meeting of civil aviation secretary Pradeep Singh Kharola and top officials in the PMO Friday evening, deliberating the possible way out to save the beleaguered airline. Apr 14, 2019
IL&FS MD & CEO Ramesh Bawa

IL&FS Chairman Ramesh Bawa arrested for massive loan defaults

The former top executive has been held under Section 447 of the Companies Act that enables SFIO to arrest a person for committing fraud. Apr 13, 2019
Anil Ambani

Reliance Communications denies France waived taxes for Anil Ambani-led company

Reliance Communications rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities. Apr 13, 2019
Bombay Stock Exchange (BSE)

Is HDFC Bank the secret of top funds' show in beating benchmark index in growth?

Four of five funds that beat Nifty's 11.7% growth from December had HDFC Bank as one of the top three stocks on their portfolios, survey shows. Apr 13, 2019
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  • After offering to quit, Rajasthan Sports Minister now takes U-turn

    After offering to quit, Rajasthan Sports Minister now takes U-turn

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