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Larsen and Toubro (L&T) on Thursday said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market.Business
L&T may spend about USD 1 billion in Mindtree takeover bid: report

As per report, L&T will buy out Mindtree's largest shareholder VG Siddhartha and companies in which he is a promoter.

18 March 2019 12:29 PM 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
Jet Airways delays payment to debenture holder

Jet has been saddled with debt of over USD1 billion due to tight competition and rising fuel costs.

18 March 2019 11:50 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.Business
Jet Airways grounds its operations in Abu Dhabi Airport

Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.

18 March 2019 11:23 AM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.Business
Dewan Housing shares rise; CFO moved as corporate strategy head

An auditor had earlier this month dismissed media allegations that DHFL had created shell companies to divert funds.

18 March 2019 11:23 AM IST

India has been treating China as its biggest competitor since 1962, as both countries share many similarities. (Photo: AFP)Business
India to post Customs intelligence officers in China to check...

In past, Indian authorities have detected a few cases of smuggling to and from China, an official said.

18 March 2019 10:57 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.Business
Oil slips on economic slowdown, but OPEC-led cuts still support

OPEC's de-facto leader Saudi Arabia said on Sunday that balancing oil markets was far from done as inventories were...

18 March 2019 10:25 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.Business
Rupee appreciates 17 paise against US dollar

Narrowing country's trade deficit and selling of the American currency by exporters supported the domestic currency.

18 March 2019 10:16 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.Business
Sensex rallies over 300 points, Nifty above 11,500 mark

The 30-share Sensex spurted 326.06 points, or 0.80 per cent, to 38,350.38 in early trade.

18 March 2019 10:11 AM IST

YAMAHA MT15Business
Yamaha to shore up premium image

Last weekend, the brand launched its new 155cc bike Yamaha MT-15 priced at Rs 1.36 lakh at Delhi showroom.

18 March 2019 4:46 AM IST

25 basis points were raised by the US Federal Reserve.Business
FII inflows, Fed rate, crude to guide market this week

Investors will also be looking for current account numbers, which is expected on Monday.

18 March 2019 4:39 AM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.Business
Insurance industry wants IFRS 17 adoption deferred

IFRS norms like risk-based capital framework is necessary to assess the financial strength of a company.

18 March 2019 4:32 AM IST

Stunning growth: The FMCG sector in India is expected to more than double to $104 billion by 2020 from the current $49 billion. The sector is expected to grow at a compounded annual growth rate (CAGR) of 20.6 per cent. There is almost nothing else in the world growing this quick.Business
Transasia Bio-Medicals eyes small cities

India's overall medical devices industry is pegged at a $5.2 billion (Rs. 35,097.40 crore), most of which is imported.

18 March 2019 4:28 AM IST

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