Companies

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 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

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