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Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Jet Airways shares trade marginally lower in morning session

The scrip was down at Rs 259.15 after opening at Rs 264 on the BSE.

5 April 2019 11:18 AM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.Business
Govt sells Rs 1,150 crore worth enemy shares in Wipro

The sale would help in monetisation of movable enemy property lying dormant for decades.

5 April 2019 10:30 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.Business
Sensex rises over 200 points on positive global cues

The BSE gauge Sensex was trading 200.69 points, or 0.52 per cent, higher at 38,885.41

5 April 2019 9:49 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)Business
Rupee rises by 12 paise against dollar in early trade

Foreign fund outflows weighed on the domestic currency and restricted the upmove.

5 April 2019 9:44 AM IST

Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)Business
Fuel supply to Jet Airways stopped at Delhi airport due to non-payment...

Fuel supply was stopped at 5 pm and resumed at about 6:15 pm after the assurance of the payment was given.

5 April 2019 9:40 AM IST

The lenders are cognizant that the outcome of the efforts of the Lenders will depend on the interest shown by the parties on the sale of the stake in the Company. (Photo: ANI)Business
Jet airways lenders meet, intend to pursue bank-led resolution plan...

The airline has over one billion dollars in debt and has to repay money to banks, lessors of planes.

5 April 2019 9:34 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.Business
Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC':...

At the current price of USD 70 per barrel, the annual value of global oil output is USD 2.5 trillion.

5 April 2019 8:48 AM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.Business
Despite second RBI action, bankers non-committal to cut rates

The downward revisions in GDP and inflation projections reveal the near-term global headwinds, says SBI chairman.

5 April 2019 8:40 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
Most analysts expect another rate cut in June

Economists at Japanese brokerage Nomura said they expect another rate cut in June with a 40 per cent probability.

5 April 2019 8:30 AM IST

BSNL has also added 1.2 million subscribers through MNP during the month.Business
BSNL employee union opposes VRS, seeks 4G spectrum for telco revival

Still, the DoT is creating roadblocks for BSNL to avail credit from banks.

5 April 2019 8:26 AM IST

The Sensex garnered 847.96 points 3.14 per cent last week.Business
Market momentum remains volatile

Even players were expecting a 50 basis point rate cut.

5 April 2019 1:14 AM IST

With an initial launch portfolio of over 30 uniquely differentiated furniture SKUs, Forma plans to scale up its total portfolio to10 folds.Business
JSW Group to enter furniture business with Forma

Forma will offer a wide variety of options to Indian consumers across the entire gamut of home furniture and...

5 April 2019 1:14 AM IST

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