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Fitch will no longer provide ratings or analytical coverage for RCom.

RCom plans USD 2.68 bn asset sale to Jio, Brookfield in next few weeks

RCom's consolidated net loss widened to 198.27 billion rupees in the quarter to March.

31 May 2018 10:18 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex soars on global cues, F&O expiry

The 30-share index, which had lost 259.37 points in the previous two sessions, recovered by 246.06 points.

31 May 2018 10:04 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee gains 6 paise against dollar in early trade

A higher opening in the domestic equity market, influenced the rupee uptrend.

31 May 2018 9:45 AM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Petrol price cut by 7 paise, diesel by 5 paise per litre

Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42 per litre.

31 May 2018 8:36 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

No bidder for Air India a day before deadline

Private firm Ernst and Young has been appointed the Transaction Adviser (TA) for the process.

31 May 2018 5:50 AM IST

Centre could look at creating a scaffolding by distancing itself from management of banks through the creation of a Bank Holding Company which could assume the entire government stake in banks.

Bank strike may cost Rs 20,000 crore

The chamber also urged the government to come up with a stimulus plan for restoring the health of public sector banks.

31 May 2018 2:11 AM IST

India flexible on Apple, waiting for formal offer

Apple did not respond to an email seeking comments.

31 May 2018 2:05 AM IST

By 2030, flexible workspace is expected to comprise 30 per cent of corporate commercial property portfolios worldwide.

Demand for Co-working space rising

India, it is expected to growth at 40-50 per cent in 2018.

31 May 2018 1:50 AM IST

UltraTech Cement, which had a cement production capacity of around 63 million tonnes, had added another 21.2 million tonnes capacity with the acquisition of Jaypees cement plants.

Got letter of intent from lenders to acquire Binani, says UltraTech

The Committee of Creditors of Binani Cement on May 28 approved the resolution Plan submitted by UltraTech Cement.

30 May 2018 7:45 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

60 paise to 1 paise, petrol price cut sets social media on fire

Petrol and diesel prices have been sailing northwards for the past two weeks and today was the first time that the...

30 May 2018 7:21 PM IST

AirAsia India, however, said in a statement that the passenger verbally abused a senior cabin crew after she was asked to switch off her mobile phone. (Photo: PTI/Representational)

Director R Venkataramanan says allegations baseless in AirAsia case

The CBI has registered a case against AirAsia Group CEO Tony Fernandes, Venkataramanan and other officials.

30 May 2018 7:12 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Jet Airways grounds 4 crew for allegedly clicking selfies

An internal investigation was being conducted into the issue and the crew was aiding in the probe.

30 May 2018 6:56 PM IST