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

Meet on Jet Air fate today

Jet Airways said its services on overseas routes will remain grounded until April 18.

16 April 2019 3:03 AM IST

It has come as a rude shock for investors who considered FMPs to be a suitable alternative to bank fixed deposits.

Loan against shares under regulators lens

RBI, Sebi & Irdai examining issue after last week's FMP fiasco.

16 April 2019 3:03 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Non-life insurers rue non-revision of premium

The motor segment is the largest portfolio for the general insurance business.

16 April 2019 3:02 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Upward momentum could continue

Both Mid-Cap and Small-Cap indices also gained as buying emerged in the broad market.

16 April 2019 3:02 AM IST

When TVS first showcased Ntorq, the company said that the design of this 125cc has been inspired by stealth fighter jets. (Nitesh Jeiya)

Ntorq, the youngest arrival in TVS family

After a series of scooters like Zest 110, Pep+, Jupiter, & Wego, the Ntorq is the first 125cc in TVS' fleet.

16 April 2019 12:13 AM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

Exports grow 11 per cent in March; trade deficit narrows

Trade deficit narrowed to USD 10.89 billion as compared to USD 13.51 billion in the same month last year.

15 April 2019 7:59 PM IST

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Axiata's Vodafone Idea rights issue entitlement fully subscribed

"Axiata renunciation was fully subscribed on strong demand," said Vodafone Idea Chief Financial Officer Akshaya Moondra.

15 April 2019 7:48 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Businesses with turnover over Rs 2 cr can now start filing GST audit...

GSTN has now made available offline utility of GSTR-9C which can be filled up by taxpayer and uploaded on the portal.

15 April 2019 6:42 PM IST

Partner merchants will be able to accept payments from customers using multiple payment methods including PhonePe wallet.

PhonePe crosses 2 billion transaction mark

PhonePe has achieved annual run-rate of USD 70 billion on transactions from its platform.

15 April 2019 6:33 PM IST

US Federal Reserves meeting tomorrow is expected to put gold on an upward trajectory and leave behind the interest rate narrative that has been controlling the price movement for quite some time.

Jewellers bat for standardisation in hallmarking of gold

GJC Chairman Anantha Padmanabhan said annual turnover of gem and jewellery industry is around Rs four lakh crore.

15 April 2019 6:23 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee drops 25 paise to close at 69.42 vs USD

At the Interbank Foreign Exchange, rupee opened at 69.07 a dollar and fell further to touch the day's low of 69.46.

15 April 2019 6:02 PM IST

L&T Finance NCD public issue size is Rs 1000 crore, with a base issue size of Rs 500 crore and an option to retain over subscription of up to Rs 500 crore.

NBFC-MFIs raise Rs 26,000 cr through securitisation in FY19

The securitisation route to raise funds increased to meet their growth targets in FY19, according to a report by rating...

15 April 2019 5:56 PM IST