Home » Business » In Other News

In Other News - Page 24

IndiGo reported a net loss of Rs 2,844 crore in the quarter ended June. (PTI Photo)

IndiGo revenue dips 92%, reports Q1 net loss of Rs 2,844 crore

Passenger ticket revenues were Rs 585 crore, down 93 per cent and ancillary revenues slipped 81 per cent to Rs 169 crore

30 July 2020 2:56 PM IST

The diesel price reduced by Rs 8.36 in Delhi due to the VAT cut. (PTI Photo)

Diesel gets cheaper by Rs 8 in Delhi due to VAT cut

Kejriwal Thursday announced a reduction in the Value Added Tax on diesel from the existing 30 per cent to 16.75 per cent

30 July 2020 12:41 PM IST

Yes Bank takes possession of Anil Ambanis group HQ in Mumbai for failure to repay dues. (PTI Photo)

Yes Bank takes possession of Anil Ambani Group's Mumbai head office

Nearly all the major companies in Anil Dhirubhai Ambani Group were operating out of the Santacruz office called...

30 July 2020 11:53 AM IST

Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a rebound in fuel demand. (AFP Photo)

Oil prices slip on demand worries as coronavirus cases rise

The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd...

30 July 2020 8:56 AM IST

Indian refiners cut runs as fuel demand dips, margins fade. (AFP Photo)

Indian refineries face shutdowns as fuel demand drops

In July, however, local demand growth has slowed because of high fuel prices, renewed lockdown in parts of the country

29 July 2020 10:31 AM IST

Asian airlines carried just 724,000 international passengers in June, a 98 per cent decline compared to the 31.8 million recorded in the same month last year. (ANI Photo)

Asia's international air travel plunges 98%, cargo demand falters:...

Air cargo demand was 20.3 percent lower year-on-year as demand for exports continued to falter on the back of economic...

29 July 2020 9:39 AM IST

Housing sales plunged 79 per cent to 19,038 units across eight major cities in April-June. (DC Photo)

Housing sales in April-June drop 79% in top 8 cities

Mumbai saw 85 per cent fall in the second quarter of 2020 to 4,559 units, from 29,635 units in the corresponding period...

28 July 2020 3:43 PM IST

IndiGo announces deeper pay cuts of up to 35 per cent for senior employees. (AFP Photo)

IndiGo slashes pay up to 35% for senior employees

From May onwards, IndiGo had implemented pay cuts of up to 25 per cent for its senior employees

28 July 2020 10:51 AM IST

China imports more oil from Saudi than any other country in June. (AFP Photo)

China's crude imports from Saudi hit fresh high in June

Imports from Saudi Arabia rose to 8.88 million tonnes or 2.16 million bpd in June

26 July 2020 4:17 PM IST

Jack Ma , Alibaba Chairman summoned by Indian court on former employees complaint. (AFP Photo)

Court summons Alibaba, its founder Jack Ma on complaint of spreading...

The judge has also sought written responses from the company and its executives within 30 days, according to the summons

26 July 2020 2:31 PM IST

Former RBI governor Raghuram Rajan says that US-China conflict to impair global trade which is vital for Indias re-opening. (PTI Photo)

Global trade extremely important for India's re-opening, says Raghuram...

Rajan cautioned that corporations, households and governments will have enormous levels of debt as they move out of the...

24 July 2020 4:29 PM IST

India toughens public procurement rules for bidders from bordering nations. (AP Photo)

In move against China, India tightens rules on investments from...

The Indian government's statement said the decision was taken to strengthen the defence of India and national security

24 July 2020 9:55 AM IST