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

SBI chief to seek open offer exemption for Etihad Airways

Banking sources divulged that Etihad was unwilling to pay beyond Rs 150 per share for the cash-strapped Jet Airways.

24 Jan 2019 10:41 AM IST

Syria accidentally downed a Russian military aircraft with a crew of 15 onboard when its air defences went into action against an alleged Israeli missile strike, the Russian army said Tuesday. (Photo: AFP | Representational)

Tamil Nadu wants to attract USD 10 bn investment in aerospace, defence...

The policy document was released by Defence minister Nirmala Sitharaman at the Global Investors Meet.

24 Jan 2019 10:36 AM IST

The Government is pushing a new e-commerce policy from February 2019 wherein the concept of exclusivity will no longer hold good. (Photo: Financial Chronicle)

Retail sector investments double to Rs 1,300 crore in 2018

The retail sector received Rs 5500 crore investments in the past four years.

24 Jan 2019 10:27 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee rises 14 paise against dollar in early trade

Rupee is trading at 71.19 against dollar at the interbank forex market.

24 Jan 2019 10:17 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex, Nifty start on a choppy note

The 30-share index gained 28.27 points, or 0.08 per cent, at 36,136.74 after rising to 36,1789.36 at the outset.

24 Jan 2019 10:13 AM IST

More than half of the country faces high water scarcity. Out of the 1.2 billion people living in the country, about 742 million live and farm in agricultural heartlands.

Water shortage may set off next bad loan wave

According to the report, a close to 40 per cent of the gross credit exposure of Indian banks is in sectors where water...

24 Jan 2019 1:17 AM IST

Old Rs 1,000 and Rs 500 notes were scrapped on November 8, 2016.

Centre may merge all welfare plans for dole

The report said that rural distress has marked economic-social-political implications.

24 Jan 2019 1:17 AM IST

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

Ola to have 5,000 bike driver partners in Hyderabad

Ola is organising a 3-day Bike Mela in partnership with the Telangana govt which alone aims at creating 2,000 new bike...

23 Jan 2019 5:59 PM IST

Representational image of an Indigo aircraft.

IndiGo Q3 profit falls 75 per cent to Rs 191 crore

The airline had a profit after tax of Rs 762 crore in the corresponding period of 2017-18.

23 Jan 2019 5:55 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.

Vodafone Idea to raise Rs 25,000 crore via rights issue

The board has authorised the Capital Raising Committee to decide the nuances of the Rights Issue.

23 Jan 2019 5:51 PM IST

Nissan said it plans to bring the device to other countries eventually and install it in 30 per cent of the 40 million Nissan vehicles that are on the roads at present.

Nissan, Tata Motors expect near-flat industry growth in FY19

In the current fiscal, the automotive industry is expected to witness flat growth," president of Nissan Motor India.

23 Jan 2019 5:44 PM IST

The H-1B visa legislation in the US, increasing automation, and the fallout of demonetisation have all created considerable impact on hiring by companies.

IT, BFSI, BPO to see growth in hiring in next 6 months: report

About 84 per cent of recruiters surveyed are anticipating an increased hiring activities in the coming six months.

23 Jan 2019 5:40 PM IST