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The government on Monday said it will still want to see if IndiGo bids for Air India.

Sebi seeks details from IndiGo on promoter complaints

Shares of InterGlobe Aviation closed marginally lower at Rs 1,565.75 on the BSE.

9 July 2019 7:53 PM IST

Industry not convinced that RCEP will create win-win situation for...

Indian Industry is not convinced that RCEP will create a win-win situation for all, the ministry said in a statement.

9 July 2019 7:34 PM IST

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Deutsche Bank India says some jobs to be hit due to global lay-off

The bank declined to quantify the number of employees who will be hit.

9 July 2019 5:44 PM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

TCS shares decline 2.5 per cent ahead of quarterly results

The scrip declined 2.05 per cent to close at Rs 2,131.45 on the BSE. During the day, it fell by 3.95 per cent to Rs...

9 July 2019 5:29 PM IST

The new Air-Purifying inverter air conditioners are available at all retail outlets from a starting price of Rs 39,000 to Rs 72,000.

EESL begins sale of energy efficient 5.4-star rating air conditioners

In the first phase, 50,000 ACs will be made available for consumers in Delhi.

9 July 2019 3:53 PM IST

In 2011, Axis Bank acquired 4 per cent stake in Max Life for an undisclosed value.

No proposal with Irdai for 10 per cent stake sale in Max Life to Axis...

During 2018-19, Max Life recorded gross written premium of Rs 14,575 crore.

9 July 2019 3:38 PM IST

Hero MotoCorp, the countrys largest two-wheeler manufacturer, on Monday launched two new scooters ,called the Maestro Edge 125 and the Pleasure Plus 110, with starting prices of Rs 58,500 and Rs 47,300, respectively.

Hero MotoCorp revamps leadership team; appoints Vikram Kasbekar as CTO

Kasbekar replaces Markus Braunsperger, who is relocating to Europe after completion of his five-year tenure in the...

9 July 2019 2:37 PM IST

Another option is that the Centre allows Air India to remain a national carrier by controlling at least 51 per cent stake.

Haj pilgrims can carry Zamzam water within permissible baggage...

The well of Zamzam is located in Mecca in Saudi Arabia and many Haj pilgrims bring the holy water from the well for...

9 July 2019 12:18 PM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

Fearing for their jobs, Air India unions oppose privatisation bid

The forum of 13 unions have decided to oppose the privatisation move, said a union functionary.

8 July 2019 8:03 PM IST

Inflows to equity schemes jump three-times in June: Amfi data

Net flows into the open-ended growth and equity-oriented schemes rose to Rs 7,663.14 crore in June from Rs 4,608.74...

8 July 2019 7:52 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Expect quicker transmission of rate cut by banks: RBI Governor

During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.

8 July 2019 7:49 PM IST

The home goods retailer has already spent close to $750 million procuring Indian sites for four stores.

Will hold consultations on relaxing local sourcing norms for single...

We would try to make it more simple for retailers to comply with the provisions of sourcing, said Ramesh Abhishek.

8 July 2019 5:20 PM IST