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The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Govt extends temporary allocation of Jet Airways' slots, flying rights...

A slot is a date and time at which an airline's aircraft is permitted to depart or arrive at an airport.

21 Aug 2019 10:06 AM IST

Finance Minister Nirmala Sitharaman

Need to build trust between tax payers and tax administrators:...

This is the 2nd meeting in a series of meetings to be held with tax officials and taxpayers across various cities over...

21 Aug 2019 9:10 AM IST

Singapores DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter.

DBS Bank to enter India's credit card market next year

India's credit card market is still small in comparison to its debit card market.

21 Aug 2019 9:03 AM IST

Today Samsung makes the screens that even Apple products use. Traditional and small Korean companies became global giants in this period.

Goldman CEO memo calls Apple Card 'a beginning' on launch day

Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple...

21 Aug 2019 8:56 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Investors remain risk averse over growth fears

The market breadth was tilted in favour of the sellers. On the BSE, 918 shares rose and 1,524 shares fell.

21 Aug 2019 1:41 AM IST

High pricing may have also impacted first day investors response post listing for these two IPOs said analysts.

IPOs disappoint on market debut

Sterling & Wilson finally closed 7.01 per cent down at Rs 725.35 on the BSE and 6.89 per cent down at Rs 726.20 on the...

21 Aug 2019 1:36 AM IST

A representational image for textile or apparel industry. (Photo: PTI)

Trade war can help MMF exports

Man-made textile is one among the products from China upon which Trump administration has levied additional tariff...

21 Aug 2019 1:30 AM IST

From now onwards, you may hesitate to order food as frequently as you did earlier. The heavy discounts that were luring you to order those favourite dishes may soon come to an end.

Food app discounts to end soon

The idea of scoring a discount should make guests feel special and not give them a sense of beating the system.

21 Aug 2019 1:25 AM IST

Hyundai Motor, Indias second biggest car maker, which launched its all-new Grand i10 Nios hatchback on Tuesday, said it will invest a total of Rs 7,000 crore on new products and technologies in the country despite a slowdown hitting automakers in the last nine months.

Hyundai to put in Rs 7,000 crore

The company has invested Rs 1,000 crore in developing the all-new Grand i10 Nios for the global market, Kim said.

21 Aug 2019 1:23 AM IST

According to the data released by the Central Electricity Authority, solar power generation in the second quarter (Q2) of calendar year 2019 increased by 29 per cent year-on-year to 12,277 million units (MUs) compared to Q2 2018 during which approximately 9,514 MUs were generated by solar projects.

Solar power growth dips in H1

The report said solar power generation in the country peaked in the summer months of March, April, and May of 2019 with...

21 Aug 2019 1:19 AM IST

Businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card and other digital modes of transactions, excluding credit cards.

Floating rates for bulk deposits on the cards?

Banks already have discretion to offer differential rate of interest on bulk deposits. Most of the bulk deposits are...

21 Aug 2019 1:17 AM IST

CG Power said advances to related and unrelated parties of the company and the group may have been potentially understated by 1,990.36 crore and 2,806.63 crore, respectively, as on March 31, 2018.

Guatam Thapar's CG Power unveils huge fraud

The board also said that advances to related and unrelated parties, too, were potentially understated significantly.

21 Aug 2019 1:11 AM IST