Business News

Last updated: Monday, April 22, 2019 9:06:07 PM

Key Indian equity market indices open in green
Mumbai, April 18 (IANS) Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher as the second phase of the Lok Sabha elections began with voting in 95 seats in the morning.

Thursday, April 18, 2019 9:38:05 AM

Lenders 'reasonably hopeful' of Jet stake sale success
New Delhi, April 18 (IANS) Hours after denying a lifeline to Jet Airways which suspended its operations for want of cash, the airline's lenders led by the State Bank of India on Thursday said they are "reasonably hopeful" that the stake sale process would succeed and determine a fair value of the enterprise.

Thursday, April 18, 2019 9:06:06 AM

Jet to suspend ops; Govt calls meeting (Roundup)
Mumbai, April 17 (IANS) Around 20,000 employees and passengers were hit hard as Jet Airways announced temporary suspension of all flight services from Wednesday night as it failed to secure interim funding for maintaining even bare minimum operations.

Wednesday, April 17, 2019 10:28:04 PM

Aviation issues to impact passenger growth: Report
New Delhi, April 17 (IANS) The growth in air passenger volume in India is likely to slow down in the near term due to the recent problems in the country's aviation sector including frequent grounding of flights, a report by India Rating & Research said on Wednesday.

Wednesday, April 17, 2019 9:06:04 PM

Office space leasing at 12.8 mn sq ft in Q1 2019: CBRE
New Delhi, April 17 (IANS) Overall leasing activity of office spaces across major cities in the country rose by 3 per cent on a quarter-on-quarter basis during January-March 2019, a CBRE report said on Wednesday.

Wednesday, April 17, 2019 8:46:05 PM

Jet fails to get funds, to suspend operations temporarily (2nd Lead)
Mumbai, April 17 (IANS) Jet Airways announced that it has temporarily suspended all flight operations from Wednesday night as the airline failed to secure an interim funding of Rs 400 crore for maintaining even bare minimum operations.

Wednesday, April 17, 2019 7:58:08 PM

Experts differ on Jet slots' re-allocation impact on stake sale
New Delhi, April 17 (IANS) Aviation experts are divided on whether the government's move to allot the now-grounded Jet Airways' slots to rival domestic carriers would impact buyer sentiment.

Wednesday, April 17, 2019 7:22:05 PM

Cairn Oil & Gas appoints Ajay Dixit its new CEO
New Delhi, April 17 (IANS) Cairn Oil & Gas, a vertical of Vedanta Ltd, has appointed Ajay Dixit as its new Chief Executive Officer (CEO), said the company on Wenesday.

Wednesday, April 17, 2019 7:14:08 PM

Mindtree net profit up 8.9% in Q4 at 198.4 cr
Bengaluru, April 17 (IANS) Leading IT consulting and services firm Mindtree on Wednesday reported Rs 198.4 crore net profit for the fourth quarter of fiscal 2018-19, registering 8.9 per cent growth yearly and 3.8 per cent quarterly.

Wednesday, April 17, 2019 6:28:03 PM

Jio sets new 4G availability record in India
New Delhi, April 17 (IANS) No other operator in the world has scored better at a country level than Reliance Jio in India in terms of 4G availability, according to a new report from London-based mobile analytics company Opensignal.

Wednesday, April 17, 2019 6:08:04 PM

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