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Air India and its subsidiaries have nearly 20000 employees. Among them Air India has only 11,500 employees. Air India management has not offered their employees for voluntary buyouts, an Air India spokesperson said..

Air India ties up with PNB, IndusInd for Rs 3,250 crore loan

CCEA had given in-principle approval for strategic disinvestment of Air India and five of its subsidiaries.

27 Sept 2017 5:52 PM IST

There is a high demand for Indian tea on back of supply crunch.

Tea exports to grow due to high global demand: ICRA

Reduced global availability of tea is likely to result in continuation of an upward price trajectory.

27 Sept 2017 5:31 PM IST

FSSAI prohibits implied claims like that a product will cure a certain disease, or claims of drug-like efficacy like prevents bone fragility in post-menopausal women .

FSSAI training food business to improve standards of food safety

Small food businesses are not even aware what steps should be taken towards raising food safety standards.

27 Sept 2017 5:21 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

Cabinet gives nod for pacts by Exim Bank under BRICS mechanism

Exim Bank raises resources in the off-shore market in diverse currencies and swaps to mitigate the risk.

27 Sept 2017 5:17 PM IST

Asian Development Bank chief Takehiko Nakao. (Photo: AFP)

ADB plans to raise annual lending to India to $4 billion

The proposal was endorsed at new ADB Country Partnership Strategy (CPS) for 2018-2022.

27 Sept 2017 4:59 PM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Sensex tumbles 440 points ahead of F&O expiry, falls for 7th day

This is the weakest closing since June 30 when it had settled at 30,921.61.

27 Sept 2017 4:21 PM IST

More than 75 people, many drivers and contractors working at the oilfield, are still wanted in connection with the heists (Photo: Representational/AP)

India needs to double refining capacity by 2040 to meet fuel demand...

Recent implementation of a goods and services tax and demonetisation are unlikely to dent fuel demand in the longer...

27 Sept 2017 4:17 PM IST

Lower opening in the domestic equity market put the rupee on the back foot.

Govt to set up advisory board to fix national minimum wages

Gupta clarified that the Centre has not fixed a National Minimum Wage for all employees.

27 Sept 2017 3:58 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold moves north to Rs 31,000, silver softens to Rs 40,800 per kg

Traders said gold prices firmed up on rising demand from local jewellers.

27 Sept 2017 3:03 PM IST

Reliance Industries chairman Mukesh Ambani.

4G coverage to beat 2G, data oxygen of digital economy: Ambani

At India Mobile Congress, RIL chairman said ubiquitous, affordable, high-speed data was necessary.

27 Sept 2017 2:54 PM IST

GST reform process would lead to a move from the regime of tax exemptions in various sectors of economy to a regime of seamless flow of credit and payment of tax.

GST collections as on September 25

Dip in GST revenues comes despite GST Network reassuring tarders there will be no more site crashes.

27 Sept 2017 2:43 PM IST

Bharti Chairman Sunil Bharti Mittal

Airtel to invest Rs 20,000 crore this year in digital infra: Mittal

Mittal said the telecom industry is offering "yeoman service" and infusing large amounts of money in strengthening...

27 Sept 2017 2:32 PM IST