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Jet Airways

Jet Airways delays interest payments, grounds more planes

Cash-crunched Indian carrier Jet Airways Ltd said on Monday it will delay paying interest to its debenture holder, due March 19, owing to financial constraints. Mar 18, 2019
Mindtree

Mindtree may tap institutional investors to beat L&T's hostile takeover bid

L&T is in an advanced stage of talks for buying Café Coffee Day founder VG Sidhartha's stake in Mindtree; co-founder Bagchi quits state job to join the battle. Mar 18, 2019
Anil Ambani

The rise and fall of Anil Ambani: Here's how things became worse for world's 6th richest person

As per Forbes valuation, the younger son of industrialist Dhirubhai Ambani was listed as the world's sixth richest person in 2008. In just a decade, he is now struggling to save his reputation. Mar 16, 2019
Mindtree Ltd

Mindtree mulls share buyback programme to fend off L&T's hostile takeover bid

IT services company may spend Rs 1,000 crore to acquire shares while one of the largest shareholders Sidhartha is talking to firms including L&T to offload shares. Mar 16, 2019
What are E-Cigarettes?

Health Ministry to block entry of US-based e-cigarette maker Juul; how safe are they?

The leading tobacco brand, Juul, has plans to tap the Indian market which has over 100 million tobacco smokers. Mar 16, 2019
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
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
Bombay Stock Exchange

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
Zomato

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
vistara airasia india aviation policy india domestic air traffic Phee Teik Yeoh

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
BSNL

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

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
Larsen & Toubro

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
Southwest Airlines

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
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