Business news

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Tata group secures controlling stake in Air Asia India; infuses Rs 500 crore

After the investment, the group is now holding controlling stakes in two private airlines operating in India, the other being Vistara where Tatas controls 51 per cent.

Apr 18, 2019

Jet Airways folding up the Kingfisher way? Here are the strange similarities

Jet Airways registered itself on Bombay Stock Exchange (BSE) in 2004, a year before Kingfisher took off, and launched the IPO in 2005, raising Rs 1,890 crore.

Apr 18, 2019

JPMiles 'secure and remain intact', says JetPrivilege after Jet Airways shutdown

The embattled airline was forced to stop all its flights after almost 26 years of its operations. The last flight of the debt-ridden airline took off at 10.30 pm on Wednesday.

Apr 18, 2019

Ola joins hands with BBMP and Election authorities to ferry people with disability to polling booths

As a part of this free service, Ola has assigned 270 cabs to the election commission which will be made available to ferry PWD voters to polling booths.

Apr 18, 2019

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40,000 for Sensex, 12,000 for Nifty clear possibility before elections end

Benchmark indices Sensex and Nifty have broken out of the consolidation phase rallying for four straight sessions to hit all-time highs of 39, 363 and 11,810, respectively.

Apr 17, 2019

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Reliance to sell 25% in refining business to Aramco to pare Rs 3 lakh crore debt?

Reliance's mainstay refining and petrochemicals operations could be valued at $55-$60 billion in the gargantuan deal, fetching the Indian conglomerate around $10-$15 billion for the minority stake.

Apr 17, 2019

Jet Airways to temporarily shut operations tonight, last flight at 10.30 pm

The SBI-led lenders' consortium has not been able to find a consensus about the initial fund infusion required to get a rescue plan on the runway.

Apr 17, 2019

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Where is market headed after hitting record high second time in three weeks?

Technical charts predict further upside after benchmark indices set record highs; markets to remain closed on Wednesday for Mahavir Jayanti and on Good Friday.

Apr 16, 2019

Naresh Goyal opts not to bid for acquiring stake in cash-strapped Jet Airways

Civil Aviation Minister Suresh Prabhu tweeted on Tuesday that the ministry will be reviewing the fares, cancellations and other issues related to Jet Airways.

Apr 16, 2019

SpiceJet gains on Jet woes, rising international profile with network expansion

Budget carrier SpiceJet's stock zooms on the third day of gap-up opening as Jet Airways crashes; market expects further upside while lenders dither on rival's recapitalisation.

Apr 16, 2019

Buzz in banking stocks amid reports of another rate cut; ICICI Bank, SBI rally

Nifty Bank gains momentum early on while all major bank stocks witness price action led; Nifty IT under scanner as results season continues to unwind with Wipro results scheduled on Tuesday

Apr 16, 2019

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Jet Airways' fateful descent accelerates; fuel supply to last just hours

Jet Airways chief executive Vinay Dube said the lenders could not reach a consensus on the emergency funding and the board would meet again on Tuesday to further deliberate on the matter.

Apr 16, 2019

Guidance wording lifts TCS; Infosys drops on macroeconomic outlook

Nifty IT is gaining momentum with IT majors unveiling better-than-expected results and positive outlook; TCS bursts through key resistance levels

Apr 15, 2019

Reliance Jio's fibre unit readies Rs 27,000 crore war chest to fund expansion

The funds will be used by the company to expand its data network and attract users from other companies and businesses.

Apr 15, 2019

Why is only SpiceJet hiring Jet pilots and engineers at steep pay cuts?

Budget airline SpiceJet is gobbling up disgruntled pilots and engineers of stricken Jet at up to 50% salary discount while IndiGo and GoAir are less interested in poaching crew.

Apr 15, 2019

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Business news

Tata group secures controlling stake in Air Asia India; infuses Rs 500 crore

Jet Airways folding up the Kingfisher way? Here are the strange similarities

JPMiles 'secure and remain intact', says JetPrivilege after Jet Airways shutdown

Ola joins hands with BBMP and Election authorities to ferry people with disability to polling booths

40,000 for Sensex, 12,000 for Nifty clear possibility before elections end

Reliance to sell 25% in refining business to Aramco to pare Rs 3 lakh crore debt?

Jet Airways to temporarily shut operations tonight, last flight at 10.30 pm

Where is market headed after hitting record high second time in three weeks?

Naresh Goyal opts not to bid for acquiring stake in cash-strapped Jet Airways

SpiceJet gains on Jet woes, rising international profile with network expansion

Buzz in banking stocks amid reports of another rate cut; ICICI Bank, SBI rally

Jet Airways' fateful descent accelerates; fuel supply to last just hours

Guidance wording lifts TCS; Infosys drops on macroeconomic outlook

Reliance Jio's fibre unit readies Rs 27,000 crore war chest to fund expansion

Why is only SpiceJet hiring Jet pilots and engineers at steep pay cuts?

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]