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Rollss design would not require re-charging because the battery is charged by the gas turbine. (Photo: Rolls-Royce)

Rolls-Royce plans for take-off in flying taxi market

Company is looking for an airframer and a partner to provide aspects of the electrical system to help commercialise the...

16 July 2018 9:19 AM IST

Board members and trustees are also aware that in the case of AirAsia, ethical concerns have been raised with respect to certain transactions as well as overall prevailing culture within the organisation.

AirAsia mulls dual Airbus jet order but how much will it pay?

AirAsia could place an order for up to 100 single-aisle A321neo jets worth $13 billion at list prices.

16 July 2018 9:05 AM IST

The current rise in fund raising through the IPO route is expected to last as long as the upswing in secondary market continues.

IPOs set to raise Rs 14,000 crore this week

Together, these seven companies are aiming to raise more than Rs 14,000 crore, they added.

16 July 2018 12:56 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

June quarter earnings to set market tone

The Sensex closed 884 points higher at 36,542 and the Nifty ended 246 points higher at 11,019.

16 July 2018 12:53 AM IST

AAI has received expression of interest from a few foreign companies for setting up remote air traffic control towers amid efforts to connect more number of unserved airports.

Centre may ease Company Act

The Committee shall submit its report within thirty days to the Central government for consideration of its...

16 July 2018 12:50 AM IST

Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

Bhushan Steel appoints T V Narendran as chairman

Tata Steel has completed the acquisition of 72.65 per cent stake of the company.

15 July 2018 6:48 PM IST

MSP scheme serves the purpose of protecting farmers from distress sale and procurement of food for public distribution system.

IFFCO launches e-commerce platform for farmers

Fertiliser major IFFCO has partnered with Singapore-based technology firm iMandi.

15 July 2018 6:41 PM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Indian digital economy will touch USD 1 trillion-mark by 2022: Garg

India is the sixth largest world economy and We would become fifth largest economy by 2022.

15 July 2018 6:31 PM IST

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB's NPA recovery in first quarter tops FY 2018 level

The Insolvency and Bankruptcy Code (IBC) resolution process has greatly helped Punjab National Bank.

15 July 2018 3:48 PM IST

MCX said that the technical glitch was not caused due to any cyber security breach.

Govt to give preference to cyber security products by domestic firms

Firms claiming to own IP for the product will be required to furnish evidence of the ownership as per the rule.

15 July 2018 1:50 PM IST

The total funds held by all foreign clients of Swiss banks rose about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017. (Photo: AP)

No claimants for India-linked dormant Swiss bank accounts!

Swiss banks made public a list of accounts lying dormant without any trace of owners.

15 July 2018 11:54 AM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

GST Council may bring natural gas, jet fuel under GST this week

However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult.

15 July 2018 11:40 AM IST