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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
vistara airasia india aviation policy india domestic air traffic Phee Teik Yeoh

Vistara gets green signal to fly on international routes

Vistara has sought permission to fly between Delhi and Colombo seven days a week. Mar 13, 2019
BSNL

Troubled BSNL may get DoT package, nod for 4G services rollout

The Rs 13,000 crore package may include Rs 6,767 crore equity infusion in lieu of 4G spectrum allocation and real estate assets sales. Mar 13, 2019
IndiGo

IndiGo poaching trouble-hit Jet Airways' pilots with compelling offers

The shortage of pilots is not unique to IndiGo. Experienced pilots are in short supply as airlines add fresh capacity driven by rapidly rising passenger traffic. Mar 13, 2019
Larsen & Toubro

L&T gets ready for hostile bid on Mindtree amid talks for Siddhartha's stake

The CCD founder has raised loans from various lenders amounting to about Rs 3,000 crore that equals the entire value of more than 20% stake he controls in Mindtree. Mar 13, 2019
Southwest Airlines

America says 'no basis' to ground Boeing 737 Max; here are US airlines that operate the aircraft

Almost 40 countries have grounded the aircraft and banned it from their airspace after a 737 Max plane, operated by Ethiopian Airlines, crashed on the way to Nairobi on March 10 killing 157 people on board. Mar 13, 2019
Logo of Bharat Sanchar Nigam Ltd (BSNL) painted on a wall outside its office in Kolkata

BSNL fails to pay 1.76 lakh employees in February; FY19 losses could top Rs 8,000 crore

The public sector telecom provider has not got Department of Telecom nod to raise a bank loan to meet wage bill while revenues have stagnated amid rising operational expenses. Mar 13, 2019
Boeing 737 Max

India grounds 737 Max aircraft as Boeing crisis escalates, other nations that have banned the plane

The decision was taken after a Boeing 737 Max, operated by the Ethiopian Airlines, crashed enroute Nairobi in Kenya on March 10, six minutes after take-off. The cause of the mishap isn't yet known, but the airline said that the pilot had issues with the aircraft. Mar 13, 2019
Stock market

Bulls return to D-Street, climbing 1,000 points in March amid gaining traction

Experts expect long rally on the back of optimism over Narendra Modi's brightening prospects of return to power and avid buying by foreign institutional investors Mar 12, 2019
Essar headquarters

Standard Chartered, Ruias create hurdle in ArcelorMittal's India expansion

The case has been dragging on for over 580 days as against the stipulated 270 days under the law due to multiple litigations by the former promoters, Standard Chartered bank and some operational creditors. Mar 12, 2019
Ginni Rometty, chairman, president and CEO of IBM

IBM to help 2 lakh girls studying in govt schools to train for STEM-related careers

IBM's chairman, president and CEO Gini Rometty said that the training is not only about technical skills but also life skills. Mar 12, 2019
bse sensex, nse nifty, india, stock markets, asian paints, coal tragedy in jharkhand, coal mines in india

Global brokerage firms turn bullish on Indian markets despite it being an election year

Last year, India ended as the best-performing Asian market and the best-performing major global market after Brazil. Mar 11, 2019
Naresh Goyal

Jet Airways fiasco: Naresh Goyal requests urgent Rs 750-cr from Etihad

In his letter to Tony Douglas, Goyal said that the aviation ministry has also given its consent to pledge its shares in JetPrivelege for securing the interim funding Mar 11, 2019
Boeing logo

Boeing shares fall after second deadly 737 MAX 8 crash

Shares of Boeing Co slid 9 percent in early trading on Monday as many airlines grounded the planemaker's best selling 737 MAX 8 passenger jet following the second deadly crash involving the plane. Mar 11, 2019
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