Business news

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

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

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

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

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 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

domestic airlines, drunk passengers, indigo, air india

Airfares rise steeply as trouble-hit Jet Airways and IndiGo cut capacity

Tickets booked well in advance are also inching north due to capacity constraints.Key metro routes such as Delhi-Mumbai and Delhi-Bengaluru have faced the major brunt of the reduced capacity.

Mar 11, 2019

Jet bailout plan: Naresh Goyal to dilute his stakes to 17%, lenders to hold 30%

Notably, Jet has already grounded its 40 per cent of its fleet along with cancelling hundreds of flights across routes.

Mar 10, 2019

ArcelorMittal's Rs 42,000-crore offer for Essar Steel faces more hurdles

Ruias may approach the appellate tribunal pushing the case of their Rs 54,389-crore debt resolution plan that lost to ArcelorMittal's offer

Mar 9, 2019

Nirav Modi spotted in London, living in £8 million flat and has started new diamond business

Revealing Modi's whereabouts, Telegraph UK released a video on March 9, in which the fugitive businessman can be seen strolling on the streets of London sporting a handle-bar moustache and a jacket by Ostrich Hide, said to cost "at least £10,000."

Mar 9, 2019

ola cabs bmw tie up uber india urban transport mobility service

Ride-hailing Ola in talks with Hyundai to raise $250 million

Apart from Hyundai which is participating in this round of capital infusion, Flipkart co-founder Sachin Bansal and Hong Kong-based hedge fund Steadview Capital have already committed for their investment.

Mar 8, 2019

Nirav Modi's Rs 100 crore seaside bungalow in Alibaug demolished [Watch]

The accused in the Rs 1,300 crore PNB scam had earlier asked the Bombay High Court to rule against the demolition as it was part of the properties attached by ED.

Mar 8, 2019

4th Mitsubishi Electric Cup concludes with innovation and felicitation at Faridabad

'D.K.T.E. Society's Textile & Engineering Institute, ICHALKARANJI'' became the Gold Cup winners of 4th Mitsubishi Electric Cup.

Mar 8, 2019

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Business news

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

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

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

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

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

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

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

Boeing shares fall after second deadly 737 MAX 8 crash

Airfares rise steeply as trouble-hit Jet Airways and IndiGo cut capacity

Jet bailout plan: Naresh Goyal to dilute his stakes to 17%, lenders to hold 30%

ArcelorMittal's Rs 42,000-crore offer for Essar Steel faces more hurdles

Nirav Modi spotted in London, living in £8 million flat and has started new diamond business

Ride-hailing Ola in talks with Hyundai to raise $250 million

Nirav Modi's Rs 100 crore seaside bungalow in Alibaug demolished [Watch]

4th Mitsubishi Electric Cup concludes with innovation and felicitation at Faridabad

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]