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The plan should eat into the countrys jet fuel exports, which rose to a record of 7,41,000 tonnes in March, according to preliminary government data.

Asian jet fuel profit margins hit over eight-month low on weak demand

Jet fuel cracks have shed about 9 pc in the last 1 week, and are currently about 7 pc weaker than this time last year.

13 March 2019 2:16 PM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank's proposed 14.9 pc stake to HDFC will test RBI 2016...

Gruh Finance, the affordable housing finance arm of HDFC, was taken over in January by Kolkata based Bandhan Bank in a...

13 March 2019 1:46 PM IST

State-owned and private plants generated the power.

Inadequate tariff revision in FY20 a concern for discoms, says Icra

Electricity distribution utilities in 17 of the 29 states have filed tariff petitions for FY20.

13 March 2019 1:33 PM IST

India is only ahead of Iran, Saudi Arabia, Algeria, Egypt, and Bangladesh, out of the 57 countries surveyed, according to the Mastercard Index of Women Entrepreneurs report.

The code of how great entrepreneurs think

Sarasvathy travels around the world teaching effectuation to educators, entrepreneurs and others.

13 March 2019 1:33 PM IST

Bajaj halts V15 production; V12 to make a comeback?

The upcoming safety norms are likely to be the cause behind the move.

13 March 2019 1:15 PM IST

The official said Rs 32.54 crore in cash, out of the total seizures of Rs 152.78 crore, has been released after verification. (Representational image)

Wisdomjobs.com survey predicts marginally higher salary hikes in 2019

Top paying sectors for 2019 would be consumer internet, professional services, BFSI, and ITeS.

13 March 2019 1:13 PM IST

The company plans to follow a simple numeric nomenclature for its future products as well.

Polestar 3 Coupe-SUV coming in 2021, will take on upcoming Tesla model...

Swedish carmaker to follow simple numeric system for naming future cars.

13 March 2019 1:12 PM IST

Volkswagen vows to build 22 million e-cars over next decade

The target is ambitious considering the company made fewer than 50,000 battery-only vehicles last year.

13 March 2019 12:46 PM IST

Renault India has achieved a market share of 4.5 per cent in the passenger car segment just behind Tata Motors market share of 5 per cent.

Passenger vehicles retail sales fall 8 pc in February: FADA

Total automobile sales during Feb declined by 8.06 pc to 14,52,078 units as compared with 15,79,349 units.

13 March 2019 12:45 PM IST

The 2019 Quattroportes GranLusso version is priced at Rs 1.74 crore while the Gransport version is tagged at Rs 1.79 crore. (Photo: Wikipedia)

Maserati drives in 2019 Quattroporte edition at Rs 1.74 cr

The model comes fitted with 3.0-litre V6 turbodiesel engine mated to an eight-speed ZF gearbox.

13 March 2019 12:34 PM IST

Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.

GST officials detect tax fraud of Rs 224 crore by 8 companies

The fake invoices generated by them involved about Rs 1,289 crore of value and input tax credit of about Rs 224 crore.

13 March 2019 12:07 PM IST

At the time of the rocket attack, SpiceJets SG 22 Kabul-Delhi flight was preparing for take-off at the airport. (Photo: PTI/Representational)

Spicejet tanks 8 pc after India bans Boeing 737 Max 8 planes

Shares of SpiceJet opened on a weak note at Rs 74, then fell further to touch an intra-day low of Rs 72.50.

13 March 2019 11:31 AM IST