Business

In a filing to the stock exchanges, the airline said it is not in a position to consider and approve the audited financial results for the year ended March 31, 2019.

Info Edge, which owns online job portal Naukri.com, reported a 10.8% sequential decline in net profit to Rs 66.3 crore due to one-time loss of Rs 17.4 crore related to impairment of investments during the March quarter, but revenue from operations increas...

After soaring over 400 points, the 30-share index ended 329.92 points, or 0.84 per cent, higher at 39,831.97 — its fresh-closing high. The gauge hit an intra-day high of 39,911.92 and a low of 39,500.56.

The hike is estimated to cost state exchequer an extra Rs 17.70 crore per month approximately, Haryana finance minister Captain Abhimanyu said here Monday.

Currently on a business trip to China, Ficci's President Sandip Somany said the NDA government in its second term should focus on getting big ticket investments from China, specially in the capital goods sector, and motivate Chinese machinery manufacturer...

The rupee opened on a strong note at 69.75 against the greenback at the interbank forex market.

The domestic currency finally settled at 70.34, higher by 10 paise from the previous close. The rupee Tuesday had recovered 7 paise to close at 70.44 to the US dollar.

The 500-page lawsuit filed by 44 US states accuses some drug makers of collusion to inflate prices of drugs by up to 1,000%.

The Reserve Bank of India (RBI) has solicited bids from technology firms for developing the mobile application.

SBI has invited binding bids for a stake in the airline that is saddled with roughly $1.2 billion in bank debt and that has been struggling with mounting losses as it tried to compete with low-cost rivals.

L&T has been buying Mindtree shares from the open market for three consecutive days. It had on Monday bought shares worth about Rs 113 crore.

American companies are showing goodwill and cooperative attitude towards Make in India and the other programs, but there is a limit to the discriminatory behaviour, US commerce secretary Wilbur Ross said.

john Kapoor’s 2017 arrest came on the same day US President Donald Trump declared the epidemic that has caused tens of thousands of overdose deaths annually a public health emergency.

Around 1,000 Jet Airways employees staged a protest rally on Wednesday and submitted a written complaint to the police against the airline management over the non-payment of salaries. The police is yet to register an FIR.

Mutual funds are investment vehicles created by collecting money from several investors, and then using these funds to invest in securities such as stocks, debts and bonds.

RBI said that the divestment has been done on the recommendation of the second Narasimham committee report and the discussion paper prepared by the RBI on 'harmonizing the role and operations of development financial institutions and banks.