Home » Business

Business - Page 690

Jet Airways Chairman Naresh Goyal.

Jet Airways founder Naresh Goyal may step down as chairman today:...

The formal announcement on the Goyals exit is anticipated later today.

25 March 2019 10:36 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex falls over 325 points on weak global cues

The NSE Nifty fell 103.90 points, or 0.78 per cent, to 11,353 after hitting a low of 11,342.90.

25 March 2019 10:17 AM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee sheds 16 paise against US dollar in early trade

Rupee is trading at 69.11 against dollar on month-end demand for the American currency from importers.

25 March 2019 9:44 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.

Indices may witness volatility this week, say analysts

The 30-share index closed at 38,164.61, while the NSE Nifty finished at 11,456.90.

25 March 2019 9:30 AM IST

In 2017, OLX ran the program across 20 cities touching over 3,000 dealers.

Olx to focus on biz expansion for now; monetisation after clocking...

The company reached break-even in the financial year 2018 with profit after tax of around Rs 15 crore.

25 March 2019 9:18 AM IST

Uber has been seeking new avenues of growth, including food delivery services, even as it battles intense competition in its core business of ride hailing.

Uber could announce USD 3 bn deal with Careem early this week: sources

Uber will pay USD 1.4 billion in cash and USD 1.7 billion in convertible notes.

25 March 2019 8:36 AM IST

DoT asks state govts not to disconnect BSNL, MTNL electricity...

BSNL has already cleared 90 per cent of its power dues and is expected to clear the rest in the next 15-20 days.

25 March 2019 8:35 AM IST

Cab aggregator Ola on Tuesday announced the acquisition of end-to-end public transport ticketing and commuting app, Ridlr.

Karnataka govt nixes suspension of Ola Cabs licence

Suspension was lifted after the executives of Ola Cabs had a detailed discussion with state chief secretary T M Vijay...

25 March 2019 8:27 AM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Don't miss the belated returns filing deadline

Missing the belated income-tax returns deadline can put you in deep trouble as the I-T department may send you a notice...

25 March 2019 1:24 AM IST

Cotton is widely grown around the world, with its fiber used to make textiles and the cottonseed used among other things to feed animals such as cattle and sheep that have multiple stomach chambers.

Textile exports face headwinds

Higher prices will add cost pressure on the value chain, making yarn, fabric and apparel exports less competitive.

25 March 2019 1:24 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.

Profit booking, volatility likely

Technically the Nifty formed a bearish candle for the second straight session on Friday, indicating some slowdown in...

25 March 2019 1:24 AM IST

Premium rates have gone up for companies manufacturing rubber goods, plastics, textiles, chemicals, besides transporters godowns, steel plants and thermal power plants.

Insurance cost goes up to 9-fold for companies

Eight segments suffer steep hike as GIC Re increases rates.

25 March 2019 1:23 AM IST