Business
Jet Airways CoC Decides to Extend Deadline for Submission of Bids to March 10
A team from Far East Asia Development Fund of Russia along with Enso group met the Jet Airways's Committee of Creditors (CoC) on Monday and expressed interest in Jet Airways, said sources.
Network18 Shares Rise After Mukesh Ambani's Reliance Industries Merges Media & Distribution Properties
The consolidation means Network 18, one of India’s largest listed media companies, will become an entity with about Rs 8,000 crore in annual revenue and benefit from substantial economies of scale, said the country's largest private sector company by mark...
Coronavirus Jitters Weigh on Asian Markets as Death Toll in China Crosses 1,700 with Over 70,500 Infections
Japan's economy suffered its worst quarterly contraction in more than five years, while Singapore cut its growth forecast for this year as the virus batters the city-state's tourism and trade.
GST Dues from Centre to Tamil Nadu Over Rs 12,000 Crore, Says Finance Secretary
According to the budget, the State's Own Tax Revenue is estimated to be Rs 1,20,809.3 crore for 2019-20.
Oil Ministry Justifies LPG Price Hike to Spike in Global Rates
The Oil Ministry also said domestic consumers have been largely insulated from the hike by way of the large increase in subsidy.
Sensex, Nifty Falter Amid Dismal Macro Data and Rising Number of Coronavirus Cases
The BSE gauge Sensex fell 106.11 points or 0.26 per cent to settle at 41,459.79. The index swung between a high of 41,709.30 and a low of 41,338.31 during the day.
Industrialist Sajjan Jindal Urges Govt to Strengthen Domestic Manufacturing Sector
Almost entire requirement of raw material required for antibiotics is imported from China, which means that it controls the Indian market for antibiotics, the JSW Group chairman said in a statement.
Mutual Funds Log Rs 1.2 Lakh Crore Inflow in January on Infusion in Liquid Schemes
According to data by the Association of Mutual Funds in India (Amfi), net inflow of Rs 1.2 lakh crore was witnessed in mutual fund schemes last month as compared to an outflow of Rs 61,810 crore in December.
Payment to States Delayed Due to Low Realisation of GST Compensation Cess: FM Nirmala Sitharaman
At the time of the introduction of GST, it was agreed that the Centre would compensate states for shortfall in GST collections as per a defined formula.
Govt Okays Proposal to Infuse Rs 2,500 cr into 3 PSU General Insurers for Improving Financial Health
The three insurers are Oriental Insurance Company Limited (OICL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL).
Prolonged Coronavirus Outbreak Can Hurt Asia-Pacific Economies, Banks to Take Maximum Hit: Moody's
The World Health Organisation has described the epidemic as very serious and has issued a global alarm. Already many industries have been hit across the world as China is the single-largest source market for the world economy today.
M&M Shares Tumble Nearly 7% After Q3 Results Disappoint Street
Mahindra and Mahindra Ltd revenue from operations during the December quarter fell 6% to Rs 12,120.3 crore compared with a year ago.
IndiGo Launches Hindi Website for Flight Bookings to 'Deepen' Connect With Indian Consumers
India had 637 million internet users as of March 2019, with Hindi content consumption witnessing a growth of 94 per cent in 2018-19, IndioGo stated in its press release.
Economy Close to Collapse, 'Incompetent Doctors' Taking Care of It, Says Chidambaram
The economy, he said, is facing demand constraints and is investment starved. The economy is facing fall in consumption and rising unemployment.
SAIL Seeks Odisha and Jharkhand's Permission to Auction 70 MT Fines
For steel making, fines can be used through beneficiation and pelletisation, and SAIL does not has enough beneficiation and pelletisation capacity. So, it is not possible for it to consume these low grade fines/ores for its steel plants.
Anand Mahindra to Continue as M&M Executive Chairman Till Next Year
The board of directors of the company have unanimously requested Anand Mahindra to continue as the executive chairman till his original term of appointment as approved by the shareholders of the company that is up to November 11, 2021, the company said in...