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Glencore

Antitrust officials raid traders including Glencore over 'pulses price fixing'

India had allowed duty-free import of pulses, including chickpeas and black lentils, after two years of drought pushed the prices up in 2015. Mar 17, 2019
SpiceJet Boeing 737 MAX 8.

How much will it cost Boeing to compensate for all grounded B737 MAX planes?

The monthly cost of substituting a grounded B737 MAX plane is estimated at $250,000 and all the nearly 350 delivered MAX planes are now grounded Mar 17, 2019
Anil Ambani

The rise and fall of Anil Ambani: Here's how things became worse for world's 6th richest person

As per Forbes valuation, the younger son of industrialist Dhirubhai Ambani was listed as the world's sixth richest person in 2008. In just a decade, he is now struggling to save his reputation. Mar 16, 2019
Mindtree Ltd

Mindtree mulls share buyback programme to fend off L&T's hostile takeover bid

IT services company may spend Rs 1,000 crore to acquire shares while one of the largest shareholders Sidhartha is talking to firms including L&T to offload shares. Mar 16, 2019
What are E-Cigarettes?

Health Ministry to block entry of US-based e-cigarette maker Juul; how safe are they?

The leading tobacco brand, Juul, has plans to tap the Indian market which has over 100 million tobacco smokers. Mar 16, 2019
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Buffett rubbishes Modern Monetary Theory that opposes taxes, govt borrowing

Berkshire Hathaway boss joins economists trashing MMT that advocates printing currency to sustain government expenses. Mar 16, 2019
Bombay Stock Exchange building BSE dalal street

Markets cap robust week with major gains; Sensex, Nifty close above key levels

Improving trader sentiments buoy markets as domestic cues align with positive global outlook; broad sectoral gains indicate a continued rally. Mar 15, 2019
jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Jet stares at another loan default as lenders seek more funds from Goyal, Etihad

Etihad board undecided on accepting conditions of SBI-led consortium's debt resolution plan that Jet shareholders have approved. Mar 15, 2019
IL&FS

Shock defaults push $108-billion bond market to chaos reminiscent of 2009 crash

Sales of rupee-designated corporate bonds plunge to pre-2016 levels as effects of IL&FS crisis sink in amid rising election uncertainties driving up the spreads of top-rated 10-year corporate paper to highest levels since the global financial meltdown. Mar 15, 2019
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Mukesh Ambani's Rs 13,000-crore win-win pipeline deal with Brookfield

Indian billionaire's company retains the right to acquire equity in Brookfield-promoted pipeline company while getting a significant share of earnings from the 1,400 km gas transit infrastructure. Mar 15, 2019
India-China trade

Can India snap $84 billion economic ties with China over Masood Azhar issue at UN?

#BoycottchineseProducts has been trending on social media following China's attempt to oppose India. Tweets tagging PM Modi also called for an immediate ban on Chinese imports. Mar 14, 2019
Bombay Stock Exchange

Banking stocks continue rally; HDFC Bank hits 52-week high

Yes Bank leads the banking bulls after global investment firm Deutsche Bank revised its price target for the stock upwards to 300 from 280 earlier; RIL hits a 52-week high. Mar 14, 2019
Boeing 737 Max

Boeing 737 MAX fiasco: DGCA to monitor predatory pricing of spot tickets

Spot fares have skyrocketed on prime routes forcing aviation authorities to step in even as worst-hit SpiceJet plans to seek compensation from aircraft maker Boeing Mar 14, 2019
Zomato

Zomato surges ahead of Swiggy as per HSBC's valuation

Currently, Zomato provides its services in 100 cities across India and plans to enter 500 more cities in the coming 2-3 years. Mar 13, 2019
bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Boeing 737 MAX trouble hits airline shares; traders brace for more turbulence

Shares of SpiceJet and Jet Airways nosedive defying the bulls at play while IndiGo soar on prospects of higher price realisation in the spot market. Mar 13, 2019
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