Business news

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

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

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.

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

Indian billionaire's company retains the right to acquire equity in Brookfield-promoted pipeline company while getting a significant share of earnings from the 1,400 km gas transit infrastructure.

Mar 15, 2019

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

#BoycottchineseProducts has been trending on social media following China's attempt to oppose India. Tweets tagging PM Modi also called for an immediate ban on Chinese imports.

Mar 14, 2019

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

Yes Bank leads the banking bulls after global investment firm Deutsche Bank revised its price target for the stock upwards to 300 from 280 earlier; RIL hits a 52-week high.

Mar 14, 2019

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

Spot fares have skyrocketed on prime routes forcing aviation authorities to step in even as worst-hit SpiceJet plans to seek compensation from aircraft maker Boeing

Mar 14, 2019

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

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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

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

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Business news

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

Zomato surges ahead of Swiggy as per HSBC's valuation

Boeing 737 MAX trouble hits airline shares; traders brace for more turbulence

Vistara gets green signal to fly on international routes

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

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]