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Elwell said the FAA sent Boeing additional questions about its proposed fixes for the MAX planes, which caused the delay. (Photo:AP)

US regulators say some Boeing 737 MAX planes may have faulty parts

The affected parts may be susceptible to premature failure or cracks resulting from the improper manufacturing process,...

3 Jun 2019 11:11 AM IST

Fiat Chrysler Automobiles (FCA) spokeswoman Shawn Morgan declined to comment. The French government, Renaults biggest shareholder with a 15 per cent stake, also declined to comment.

Fiat Chrysler discusses improved Renault merger bid to win French...

The improved offer, if formalised and accepted, would also see the combined company's operations headquartered in...

3 Jun 2019 10:45 AM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold hits 2-month high as recession concerns burnish safe-haven appeal

Spot gold was up 0.5 per cent at USD 1,312.37 per ounce at 0308 GMT, after touching its highest since March 27 at USD...

3 Jun 2019 10:33 AM IST

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

Collapsed Jet Airways' ex-partners, rivals scramble to fill India...

Other former Jet partners are in talks with carriers like IndiGo and SpiceJet about new codeshare relationships.

3 Jun 2019 10:05 AM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee rises 31 paise against dollar in early trade

Rupee is trading at 69.39 against dollar, driven by easing crude prices and higher opening in domestic equities.

3 Jun 2019 10:00 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex jumps over 200 points ahead of RBI policy meet

The 30-share index was trading 203.82 points, or 0.51 per cent, higher at 39,918.02.

3 Jun 2019 9:56 AM IST

Gartner predicts AI-enabled PPM will begin to surface in the market sometime this year. (Photo: Pixabay)

Market to remain range-bound; focus on macro data, rates

On the other hand, Q4 result started on a weak note as results from financial sector disappointed investors.

3 Jun 2019 3:13 AM IST

Sugar prices in the domestic market were hovering around Rs 31,000/MT in April, 2019 (ex-mill, UP). Prices have recovered and now stand at Rs 33,000- Rs 33,500/MT.

Sugar dearer on cane availability concerns

Consider what Sabyasachi Majumdar, Senior Vice President & Group Head, Corporate Ratings, Icra, has to say about this.

3 Jun 2019 3:03 AM IST

The Federation of Auto-mobile Dealers Association or FADA, the apex body of the lobby, said the inventory levels have come down, but are still high by its estimate.

Inventory levels still high with dealers

Sales at M&M, India's second biggest utility vehicle maker, also fell 1 per cent at 20,608 units, down from 20,715 units...

3 Jun 2019 3:00 AM IST

As the probe of IL&FS fraud, committed likely by its in-house top honchos, is taking an aggressive turn, the Ministry of Corporate Affairs-led investigating agency Serious Fraud Investigation Office (SFIO) is mulling interim attachment of all movable and immovable assets of auditors, independent directors and other top officials.

SFIO may attach assets of IL&FS honchos, auditors

The SFIO's first charge-sheet came on IFIN, the first subsidiary of IL&FS, which is proved to be a gateway to this huge...

3 Jun 2019 2:55 AM IST

Reserve Bank of India (RBI)

RBI may keep rates on hold this time

Weak monetary policy transmission could be a major concern when the MPC meets for 3 days from today.

3 Jun 2019 2:48 AM IST

GSK India said that the company is conducting a strategic review of its nutrition brands in India and expects to conclude the process by 2018. (Photo: AP)

GSK Consumers Healthcare gets shareholders' approval for merger with...

The company has received 99.99 per cent votes in favour of the scheme of amalgamation among GSK Consumers Healthcare and...

2 Jun 2019 5:32 PM IST