Home » Business

Business - Page 376

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee recovers 16 paise to close at 71.55 a dollar

Starting off on a bullish note, the rupee settled at 71.55, clocking a gain of 16 paise.

21 Aug 2019 7:02 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold hits new high of Rs 38,820; silver jumps Rs 1,140

Traders attributed the gain in gold to increase in the domestic spot market demand.

21 Aug 2019 5:48 PM IST

S V Ranganath appointed as the interim chairman of the Coffee Day Enterprises.

Asia's top cigarette maker, ITC in race for stake in Coffee Day:...

ITC may be competing with Coca-Cola Co, which has approached India's greatest cafe chain but has not made a formal...

21 Aug 2019 4:40 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex tumbles 268 points; Tata Motors tanks 9 per cent

After plunging 305 points, the 30-share Sensex settled 267.64 points, or 0.72 per cent, lower at 37,060.37.

21 Aug 2019 4:25 PM IST

From December, Vietnam-based airline Vietjet is planning to start direct flight between India and Vietnam. (Photo: VietJet Air)

'Bikini Airline' Vietjet to launch India operations with offer tickets...

The promotional sale is on till 22 August.

21 Aug 2019 4:02 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI plans to establish nearly 10 lakh YONO Cash Points

A customer can make bill payments and can do digital transactions by using the YONO cash feature.

21 Aug 2019 3:45 PM IST

BMW eyes 100,000 electric car sales in 2017: Sueddeutsche

BMW launches new 3 series sedan priced Rs 41.4 lakh onwards

The two diesel options are available at Rs 41.4 lakh and Rs 46.9 lakh, the petrol version is tagged at Rs 47.9 lakh.

21 Aug 2019 3:35 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

NCLAT asks Jet lenders if they would cooperate with Dutch court...

The NCLAT has asked to list the matter on September 4 for further hearing.

21 Aug 2019 3:19 PM IST

The Sensex has slid to 33,703 on February 20 a reduction of nearly seven per cent. Among other factors, one development has played its part in this fall: the announcement of the Long-Term Capital Gains (LTCG) tax on equity investments.

CFO optimism on biz environment for Jul-Sep qtr remains unchanged:...

CFO optimism index increased only by 0.6 per cent, on a year-on-year (YoY) basis, to 106.0 during Q3 (July-September)...

21 Aug 2019 2:42 PM IST

The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such stations operate without licence and encourage the use of e-vehicles.

Govt has not set deadline to launch electric vehicles: official

Auto industry has been caught in the middle of slowing economic growth that has led to a slump in demand for vehicles.

21 Aug 2019 2:06 PM IST

Maruti Suzuki XL6 will only be available with the Ertigas 1.5-litre petrol engine mild-hybrid tech.

Maruti Suzuki XL6 spied inside-out ahead of its launch today

The XL6 is expected to be priced between Rs 9.5 lakh and Rs 11.2 lakh.

21 Aug 2019 1:17 PM IST

Parle, founded in 1929, employs about 100,000 people, including direct and contract workers across 10 company-owned facilities and 125 contract manufacturing plants.

Indian biscuit maker could lay off 10,000 jobs amid falling demand

Parle is not the only food product company to have flagged slowing demand.

21 Aug 2019 1:06 PM IST