Business news

Financial crunch forces Jet Airways to reduce operations on Gulf routes

The airlines will trim its flight operations to Dubai, Abu Dhabi, Doha and Muscat including routes Kozhikode-Thiruvananthapuram, Doha-Kochi, Abu Dhabi-Mangalore, Mangalore-Dubai, Delhi-Muscat and Abu Dhabi-Lucknow.

Dec 3, 2018

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Sensex opens 200 points up amid easing US-China trade tension

The Sensex of the BSE opened at 36,396.69 from its previous close at 36,194.30 on Friday. At 9.26 a.m., the Sensex traded at 36,337.41 higher by 143.11 points or 0.40 per cent.

Dec 3, 2018

Markets may take a pause to consolidate recent gains

Traders watchful of US-China trade truce impact on crude and rupee and domestic election results.

Dec 3, 2018

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

Market optimism trumps uncertainties in November

Technical experts expect continuing bull run through December barring a disastrous state election result for the Modi government.

Dec 1, 2018

Anil Ambani's debt-ridden RCom gets court breather in deal with Mukesh's Reliance Jio

Department of Telecommunication (DoT) had sought bank guarantee worth Rs 2,950 crore against the outstanding spectrum charges that RCom owed it.

Dec 1, 2018

Disruptor to predator? Hoteliers to launch legal action against Oyo

The Budget Hotel Association of Mumbai is in the forefront of forming a nationwide lobby of hoteliers against Oyo.

Dec 1, 2018

A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Johnson & Johnson faulty hip implants case: Health ministry approves compensation

The product was recalled in 2010 globally after the multiple complaints of follow up surgeries due to complications such as infections and metal leaching.

Nov 30, 2018

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Sensex, Nifty trade flat; rupee gains

Financials, oil and gas stocks witnessed selling pressure on the BSE while telecom stocks traded flat. In contrast, IT, realty, Teck (technology, entertainment and media) stocks outperformed the benchmark index, gaining 1-2 per cent.

Nov 30, 2018

SBI account holder? Here's why you are denied internet banking from December 1

It is mandatory to register an account holder's mobile number to avail internet banking services. November 30 is the last day for State Bank of India account holders to register a phone number for uninterrupted online banking service from December 1.

Nov 30, 2018

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

Renewable energy arms of beleaguered IL&FS put on sale

Recently, the company has appointed Arpwood Capital Pvt. Ltd and JM Financial Ltd as financial and transaction advisers, and Alvarez and Marsal as resolution consultants.

Nov 29, 2018

FABgetaways: India's first luxury travel platform offering personalised services

Luxury travel offers intimate experiences, personalized services, gourmet meals, and beautiful surroundings that together promise pleasure, relaxation and satisfaction.

Nov 29, 2018

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Unilever enters into 'exclusive talks' for Horlicks acquisition

Anglo-Dutch major forges ahead of Swiss giant Nestle in bid to take over children's health drink brand.

Nov 29, 2018

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Sensex, Nifty surge by 1%; IT stocks slip into red on strong rupee

The financials were up by over 1 per cent while selling pressure was witnessed in the IT stocks as the rupee strengthened to Rs 69.89 per US dollar from its previous close of 70.62.

Nov 29, 2018

Chief Economic Adviser Arvind Subramanian

Demonetisation was a draconian, monetary shock, says PM Modi's former economic advisor

Breaking his silence over Modi's controversial decision, Subramanian suggests that even post-demonetisation economic growth estimates of the government could be flawed.

Nov 29, 2018

Microsoft pips Apple to become most valued company; shares jump 3%

Microsoft and Apple briefly traded at about the same level after the bell on Monday, but Microsoft's intraday lead over Apple on Wednesday was more substantial.

Nov 29, 2018

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