Business

Two top AirAsia India officials suspended by DGCA

Times of India August 11,2020

Two AirAsia India top officials, Capt Manish Uppal, head of operations and Capt Mukesh Neema, head of air safety have been suspended for a period of t...

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Persistent CEO quits, Sandeep Kalra may take charge

Times of India August 11,2020

Persistent Systems CEO Christopher O’Connor has resigned from the Pune-based IT firm citing personal reasons. He joined the company barely 18 months...

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Eye on China: Govt mulls duty hike on laptops, more

Times of India August 11,2020

The government is considering increasing customs duty on close to 20 product segments including laptops, cameras, textiles and aluminium goods, while ...

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Diesel cars tumble to low of 1.8% of car sales

Times of India August 11,2020

The share of diesel variants in sale of small cars and sedans has fallen to just 1.8% during April-July, 2020 period — the lowest in recent history....

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Voda Idea: Reports of stake sale to LIC baseless

Times of India August 11,2020

Vodafone Idea on Monday described the talks about life insurance major LIC picking up a stake as “baseless speculation”. Market players and source...

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Amazon’s $600m Prime Day beats Diwali daily sales

Times of India August 11,2020

Amazon India’s Prime Day sales, its first major event after the virus outbreak, have surpassed the daily numbers of its flagship sale during Diwali ...

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'Fibre link to unlock potential of 4G, 5G in Andaman'

Times of India August 10,2020

Bharti Airtel on Monday said the inauguration of undersea optic fibre link between Chennai and Andaman and Nicobar Islands is a game changer, and will...

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'Balance of payments to be very strong this year'

Times of India August 10,2020

India's balance of payments this year is going to be "very very strong" on the back of significant improvement in exports and a fall in imports, comme...

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Equity MFs see first outflow in over 4 yrs in July

Times of India August 10,2020

Equity mutual funds witnessed an outflow of Rs 2,480 crore in July, making it the first withdrawal in more than four years, primarily on profit-bookin...

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Govt to promote local manufacturing to boost mkt share

Times of India August 10,2020

The government plans to promote the manufacturing of selected products, especially lines in which China enjoys a big share in the global market, as pa...

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'Just 327 items make up 75% of China's imports'

Times of India August 09,2020

Just 327 products — ranging from mobile phones and telecom equipment to cameras, solar panels, air-conditioners and penicillin — accounted for ne...

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PM launches undersea optical fibre link to Andaman

Times of India August 10,2020

Prime Minister Narendra Modi on Monday inaugurated the submarine optical fibre cable (OFC) connecting Chennai and Andaman & Nicobar, through video con...

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India lacks in ease of doing business: Volkswagen

Times of India August 10,2020

As it lines up a fresh Rs 8,000-crore investment for India, German auto giant Volkswagen Group has said that it is not easy to do business in the coun...

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'Twitter, TikTok had preliminary talks on merger'

Times of India August 10,2020

Twitter Inc has held early talks about a potential combination with TikTok, the Chinese-owned video-sharing app that the Trump administration has decl...

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Blackstone eyes malls, business parks of Prestige

Times of India August 10,2020

Prestige Estates is in talks with the US-based private equity firm Blackstone to sell a big portion of its commercial office portfolio and some malls ...

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States ready with land parcel data to woo investors

Times of India August 10,2020

The government’s move to keep land parcels ready for investors to quickly decide on investment destinations is expected to begin in close to half-a-...

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PM launches Rs 1 lakh crore agri-infra fund

Times of India August 09,2020

PM Modi on Sunday launched a financing facility of Rs 1 lakh crore under the Agriculture Infrastructure Fund for agri-entrepreneurs, startups, agri-te...

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Cipla Extends Gains For Second Day On Strong June Quarter Earnings

NDTV.com August 11,2020

On Friday, the company had reported a net profit of Rs 577.91 crore in the quarter ended June 30, marking a jump of 20.85 per cent compared to the cor...

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Sensex, Nifty Off Day's Highs; Consumer Goods, Metal Shares Jump

NDTV.com August 11,2020

Asian stocks rose on relief that another round of US-China sparring appears not to have spilled over into trade.

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Interglobe Aviation To Raise Up To Rs 4,000 Crore; Stock Rises Over 1%

NDTV.com August 11,2020

Interglobe Aviation plans to raise the money through the sale of shares to institutional investors as the Covid-19 pandemic has severely affected its ...

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Sensex Rises Over 300 Points As Banking Stocks Lead Gains

NDTV.com August 11,2020

Asian stocks rose on relief that another round of US-China sparring appears not to have spilled over into trade.

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"Unplanned" Lockdowns To Slow COVID-19 Hurt India's Economic Recovery

NDTV.com August 11,2020

Tax collection has moderated, while a measure of inter-state movement of goods traffic by road and rail has shown little change.

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Tim Cook Joins Billionaire Club As Apple's Value Nears $2 Trillion

NDTV.com August 11,2020

Tim Cook has joined one of the most elite clubs for CEOs who didn't actually found the companies they run: his net worth has eclipsed $1 billion.

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Small Finance Banks Pay These Returns On Retail Fixed Deposits

NDTV.com August 11,2020

Bank FD Fixed Deposit Rates: Small finance banks offer annual returns of 3.05-8.5 per cent per annum on retail fixed deposits - or term deposits up to...

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Pay Charges Daily To Operate Flights, Airports Authority Tells GoAir

NDTV.com August 11,2020

An airline has to pay various charges -- air navigation, landing, parking etc -- to AAI, which works under the Civil Aviation Ministry, to use facilit...

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Petrol, Diesel Prices Remain Unchanged On Tuesday

NDTV.com August 11,2020

State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis to bring fuel rates on par with global oil price...

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Sensex, Nifty Likely To Have A Firm Start

NDTV.com August 11,2020

The domestic stock markets are likely to open in the green, amid cautious trading in Asia due to strained US-China relations and a mixed Wall Street s...

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Oil Climbs On Positive China Data, Hopes For US Stimulus Package

NDTV.com August 10,2020

Saudi Arabian Aramco CEO Amin Nasser said on Sunday that he sees oil demand rebounding in Asia

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Balance Of Payments To Be "Very, Very Strong" This Year: Piyush Goyal

NDTV.com August 10,2020

"Exports have shown a good turnaround. We are in July at about 91 per cent export level of the previous year, July 2019, figures," Mr Goyal said.

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IndiGo To Raise Up To Rs 4,000 Crore Via Share Sale

NDTV.com August 10,2020

Last month IndiGo had also said that it was planning to raise at least Rs 2,000 crore through the sale and leaseback of planes and other assets

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IndiGo To Raise Up To Rs 4,000 Crore Via Share Sale

NDTV.com August 10,2020

Last month IndiGo had also said that it was planning to raise at least Rs 2,000 crore through the sale and leaseback of planes and other assets

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Marriott Posts Bigger-Than-Expected Loss As Virus Hits Bookings

NDTV.com August 10,2020

Marriott said it now expects a gradual rise in occupancy rates across the world although it may be a few years before it sees a return to pre-COVID pe...

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Equity Mutual Funds Show First Outflows In More Than Four Years

NDTV.com August 10,2020

Mutual funds that invest in equity showed a net outflow of Rs 2,480 crore in July compared with an inflow of Rs 241 billion crore in June

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Nifty Ends Above 11,250 Led By Gains In Pharma Shares

NDTV.com August 10,2020

All the 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Pharma index's over 5 per cent gain.

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Gold Futures Log Mild Gains, Hover Around Rs 55,000

NDTV.com August 10,2020

Gold Rate Today: Multi Commodity Exchange (MCX) gold futures climbed up as much as 0.43 per cent (Rs 237) to Rs 55,098 during Monday's session.

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Divi's Labs Surges 16% To Hit New 52-Week High On Strong Earnings

NDTV.com August 10,2020

Divi's Labs shares have surged 125 per cent since August 14, the day it hit a 52-week low of Rs 1,466.

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Domestic Silver Futures Gain Over 1%, Near Rs 75.,000 Mark

NDTV.com August 10,2020

Silver Rate Today: The MCX silver futures contract settled at Rs 74,960, up 1.08 per cent (Rs 800) from its previous close.

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