Business news

Jet Airways lenders may be facing dilemma of writing off 80% dues or losing 100% loans

Lenders may have made a tactical error by not keeping Jet airborne as grounded airline increases the bargaining power of prospective investors and rescue plan delay erodes assets value.

Apr 19, 2019

The Air India plane flying the inaugural trip from Lucknow,

Is Air India skidding down the same road that Jet and Kingfisher took?

Air India could become the third airline to crash land in a decade bursting India's aviation bubble.

Apr 19, 2019

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Good Friday break for equities, forex, commodities, and bond markets

NCDEX and MCX closed for morning and afternoon sessions along with most global markets; Japan's Nikkei rises 0.67% in early trade to 22,238 as Tokyo Stock Exchange remains open.

Apr 19, 2019

Reliance Retail bid for UK-based Chinese toy chain Hamleys to help global foray

Mukesh Ambani's company wants to access new geographies and customer base for its products with reported move to acquire iconic Chinese-owned toy chain Hamleys.

Apr 19, 2019

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Tata group secures controlling stake in Air Asia India; infuses Rs 500 crore

After the investment, the group is now holding controlling stakes in two private airlines operating in India, the other being Vistara where Tatas controls 51 per cent.

Apr 18, 2019

Jet Airways folding up the Kingfisher way? Here are the strange similarities

Jet Airways registered itself on Bombay Stock Exchange (BSE) in 2004, a year before Kingfisher took off, and launched the IPO in 2005, raising Rs 1,890 crore.

Apr 18, 2019

JPMiles 'secure and remain intact', says JetPrivilege after Jet Airways shutdown

The embattled airline was forced to stop all its flights after almost 26 years of its operations. The last flight of the debt-ridden airline took off at 10.30 pm on Wednesday.

Apr 18, 2019

Ola joins hands with BBMP and Election authorities to ferry people with disability to polling booths

As a part of this free service, Ola has assigned 270 cabs to the election commission which will be made available to ferry PWD voters to polling booths.

Apr 18, 2019

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40,000 for Sensex, 12,000 for Nifty clear possibility before elections end

Benchmark indices Sensex and Nifty have broken out of the consolidation phase rallying for four straight sessions to hit all-time highs of 39, 363 and 11,810, respectively.

Apr 17, 2019

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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 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 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 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

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

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Business news

Jet Airways lenders may be facing dilemma of writing off 80% dues or losing 100% loans

Is Air India skidding down the same road that Jet and Kingfisher took?

Good Friday break for equities, forex, commodities, and bond markets

Reliance Retail bid for UK-based Chinese toy chain Hamleys to help global foray

Tata group secures controlling stake in Air Asia India; infuses Rs 500 crore

Jet Airways folding up the Kingfisher way? Here are the strange similarities

JPMiles 'secure and remain intact', says JetPrivilege after Jet Airways shutdown

Ola joins hands with BBMP and Election authorities to ferry people with disability to polling booths

40,000 for Sensex, 12,000 for Nifty clear possibility before elections end

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

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

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

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

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

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

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]