Business news

Jet Airways delays interest payments, grounds more planes

Cash-crunched Indian carrier Jet Airways Ltd said on Monday it will delay paying interest to its debenture holder, due March 19, owing to financial constraints.

Mar 18, 2019

Mindtree may tap institutional investors to beat L&T's hostile takeover bid

L&T is in an advanced stage of talks for buying Café Coffee Day founder VG Sidhartha's stake in Mindtree; co-founder Bagchi quits state job to join the battle.

Mar 18, 2019

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

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

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 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

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

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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

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.

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Business news

Jet Airways delays interest payments, grounds more planes

Mindtree may tap institutional investors to beat L&T's hostile takeover bid

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

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

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

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

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

Buffett rubbishes Modern Monetary Theory that opposes taxes, govt borrowing

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

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

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

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

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

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

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

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]