Business

Congress chief spokesperson Randeep Surjewala raised strong objections to the proposal of a State Bank of India-led consortium of banks to bailout the "bankrupt" private airline.

The state-run oil company PDVSA had earlier sought to replace deliveries to the United States and Europe that were disrupted by payment restrictions with cash-paying buyers, especially in India.

According to the company, as mentioned earlier, it is actively engaged with all its aircraft lessors and is regularly providing them with updates on the efforts taken to improve the liquidity.

Calling it a serious matter, the traders' body urged the government to start a high level enquiry at Indian ports to bring an end to the crony nexus.

As per the plan, Air India would be allowed to induct more aircraft to grow its market share, while a search-cum-selection committee will scout for the best management talent for the company.

The 30-share index was trading 240.83 points, or 0.64 per cent, higher at 37,995.72, while the 50-share NSE Nifty climbed 74.90 points, or 0.66 per cent, to 11,418.15.

The companies posted a net profit of Rs 77,500 crore in the third quarter of the fiscal compared to Rs 57,800 crore in the year-ago period. Their profit was Rs 71,900 crore in the July-September quarter of 2018-19.

The DGCA decision on Tuesday to ground MAX 8 planes comes after a crash of such an aircraft in Ethiopia killed 157 people on Sunday.

In line with equities, the forex market sentiment has also been boosted by sustained fund inflows by foreign institutional investors (FIIs) in the last few sessions.

The new coin will be similar to the 10 rupee coin in certain aspects - it will also be a two-toned coin with a 27 millimetres diameter.

The BSE barometer Sensex opened positively at 36,544.86 and further consolidated its gains to trade at 36,599.69, climbing 157.15 points, or 0.49 per cent, over the previous close. It had gained nearly 379 points to close at 36,442 on Tuesday.

In April 1997, employees of LIC and General Insurance Companies namely GIC, New India Assurance Company Ltd, National Insurance Company Ltd, Oriental Insurance Co Ltd, United India Insurance Co Ltd, who joined service on or before 28 June 1995 were given...

The ED is probing alleged irregularities and corrupt practices in sanctioning of Rs 1,875-crore loans by the ICICI Bank to the Videocon group.

IT Minister Ravi Shankar Prasad said the new policy seeks to nurture 10,000 technology start-ups working on software products, including 1,000 in tier II and III towns as well as upskilling 10 lakh IT professionals that includes one lakh school and colleg...

Senior officials of India and the US are in discussions to finalise a kind of trade package. Both sides are holding two track discussions — to increase trade in short and medium term, and identify long-term trade potentials.

According to brokers, domestic investor sentiment took a beating after the Pakistan Army on Tuesday alleged that the Indian Air Force violated the Line of Control (LoC) in Muzafarabad sector.