Business news

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 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

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

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

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

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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

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Business news

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

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

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

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

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

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]