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Representational image of an Indigo aircraft.

Govt seeks explanation from IndiGo on Gangwal's complaint

The company will respond to MCA within the prescribed period," the filing said.

19 July 2019 9:17 AM IST

Microsoft sued the hacking group in US District Court in Washington this month and described a hacking operation that demonstrates skill, patience and access to resources.

Profit soars for Microsoft fueled by cloud, business services

Microsoft shares rose 1.4 per cent to USD 138.35 in after-market trading that followed release of the earnings figures.

19 July 2019 8:31 AM IST

The US-China trade war is not going to be beneficial for Indian exports. On the contrary, India faces a threat of dumping by China.

Trade war may not help Indian exports

Capital goods account for only 3.71 per cent of India's exports to the US and electrical and electronic goods do not...

19 July 2019 7:00 AM IST

The bad news is that over the next three days there would be less or no rains in many parts of the country, which would widen the all-India rain deficit from the present 17 per cent to 20 per cent from June 1, the start of the monsoon season.

Rains to revive, pick up pace over next two weeks

The state-run agency also said rains in the remaining parts of the country are very likely to be normal to below normal.

19 July 2019 6:55 AM IST

In FY19, the country exported agri goods worth Rs 923 crore to China against Rs 464 crore in FY18, a growth of 99 per cent. Guar gum, fresh grapes and pulses witnessed good growth.

Agri exports to China double

In dollar terms the growth was 83 per cent from $72 million in FY18 to $132 million in FY19.

19 July 2019 6:49 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.

Immediate support seen at 11582 points

Sectorally, there were no gainers. The top losers were the BSE Auto, Metal, Oil and Gas and Power indices.

19 July 2019 6:45 AM IST

Securities and Exchange Board of India (SEBI)

Sebi to tighten auditor resignation norms

Auditors have to give detailed reasons for resigning from an audit job.

19 July 2019 6:40 AM IST

Sachin Bansal in talks for Essel Mutual Fund

Sachin Bansal and former Bank of America director Ankit Agarwal are in joint talks for acquiring Essel MF.

19 July 2019 6:29 AM IST

Darshan Hiranandani

Hiranandani forays into data centre parks

About the family business, the senior Hiranandani said his son Darshan will be his successor.

19 July 2019 3:25 AM IST

Average prices at the auctions of Coonoor Tea Trade Association nosedived to a new low of Rs 79.10 a kg at sale No. 28.

South Indian tea prices plunge as demand flags

The price decline is more pronounced in high quality Assam tea, compared with the low to medium categories of tea.

19 July 2019 3:21 AM IST

MG Hector SUVs top two variants, called Smart and Sharp, are seeing the highest demand from buyers, with over 50 per cent reservations for the petrol variants.

High-tech SUVs catch the fancy of Indian buyers

MG Hector SUV was launched last month priced between Rs 12.18 lakh to Rs 16.88 lakh.

19 July 2019 3:16 AM IST

Even the court told Vodafone that it can either say that TRAI took no action, in which case the regulator can be asked to take a decision.

EU clears Vodafone's USD 22 billion deal to expand in Europe

EU Commission said that the deal, valued at USD 21.8 billion, will go ahead if Vodafone addresses its competition...

18 July 2019 7:02 PM IST