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Flying allowance, which constitutes between 50-80 per cent of a pilots salary. (Representational Image)

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit...

The airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19.

16 Sept 2019 9:46 AM IST

SBI chief slams 'selfish' pvt sector bank for Altico crisis

The default by Altico has resulted in concerns over the wider implications.

16 Sept 2019 9:35 AM IST

The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

Saudi Aramco tells Indian refiner it will get oil: source

Aramco has lost half of its production capacity after attacks on its facilities on Saturday.

16 Sept 2019 8:47 AM IST

According to the Directorate General of Commercial Intelligence and Statistics, imports of natural rubber in India rose 27.4 per cent, month-on-month to 50,940 tonnes in July. Significantly, expectations of higher production this season also weighed on contracts.

Rubber futures hit six-month low

The overall sentiment in the market remains bearish due to a rise in imports coupled with sluggish demand from tyre...

16 Sept 2019 2:46 AM IST

The government notifies the interest rate on small savings schemes, majorly operated by post offices, every quarter.

Value buying to drive market up

On the F&O front, the highest put base for the Nifty is at 11000 strike. The Nifty has largely remained above these...

16 Sept 2019 2:43 AM IST

While imports of all products in the man-made fibre (MMF) value chain has steeply increased since the introduction of GST, destructing the domestic manufacturing industry, imports of polyester and viscose spun yarn have particulalry shot up multi-fold lately.

Man-made yarn imports up multi-fold in July

Imports of polyester yarn increased 193 per cent from 29,08,000 kg in July 2018 to 85,35,000 kg in July 2019.

16 Sept 2019 2:40 AM IST

The MYT regulations will form the framework of the petitions to be filed by the discoms.

Power gencos outstanding dues on discoms rises 57 pc to Rs 73,000...

According to PRAAPTI portal, distribution companies owed a total of Rs 46,779 crore to power generation companies in...

15 Sept 2019 7:07 PM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.

Incentives for exports to boost shipments: Exporters

FIEO said the new measures in form of incentives and refund of taxes will go a long way in enhancing the growth...

15 Sept 2019 6:54 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI shelves IPO plans for general insurance arm; card JV to hit market...

Investor interest for cards business is very high, and SBI Card listing will happen in March quarter, said SBI chairman...

15 Sept 2019 6:40 PM IST

Calling it a serious matter, CAIT urged the government to start a high-level enquiry at Indian ports to bring an end to the crony nexus. (Photo: File | Twitter)

Issue guidelines to remove confusion on single-use plastic: Traders'...

Confusions, if not taken cognisance of, may prove to be a roadblock in eradication of single-use plastic, CAIT said.

15 Sept 2019 4:55 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi mulls new whistleblower mechanism for auditors, other...

The proposed move assumes significance in the wake of several auditors in the recent past decided to exit from their...

15 Sept 2019 3:47 PM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

Maruti Suzuki's PV mkt share shrinks in April-Aug; Hyundai, Mahindra...

Maruti Suzuki sold 5,55,064 units this fiscal as compared with 7,57,289 units during April-August previous year.

15 Sept 2019 2:08 PM IST