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Updated: 2 hours 34 min ago

Govt crosses divestment target for 2nd year in a row; rakes in Rs 85,000 cr

Fri, 03/22/2019 - 20:46
In FY18, Centre raised Rs 1 trn, compared to a budgeted target of Rs 72,500 cr

Karnataka bans Ola for 6 months, says company flouted licence terms

Fri, 03/22/2019 - 20:41
Government was not satisfied with the response and suspended the licence as a result. Ola is now barred from operating its aggregator service for any vehicle including cars, autos and bikes

LS polls: BJP's 2nd candidate list out, Sambit Patra to contest from Puri

Fri, 03/22/2019 - 20:35
The second list of candidates for the Lok Sabha polls containing 36 names

RBI defers launch of IndAs again, awaits amendments to the banking laws

Fri, 03/22/2019 - 20:32
In a late night statement, the RBI said the legislative amendments recommended by it are under consideration of the Centre

Crisis-hit Jet Airways' lenders struggle for consensus on revival plan

Fri, 03/22/2019 - 20:29
Indicating that a rescue plan is extremely tough at this stage, an official in the civil aviation ministry said one should be ready for a scenario without Jet Airways

PM Modi sends greetings to Imran Khan on eve of Pak National Day

Fri, 03/22/2019 - 18:09
Modi's message to Khan comes in the midst of severe strain in ties between the two nuclear-armed neighbours following the Pulwama attack

Sebi tightens norms for valuing below investment grade debt securities

Fri, 03/22/2019 - 17:59
Regulator says all money market and debt securities rated below investment grade shall be valued at the price provided by the valuation agencies.

Jet suspends flights to 13 foreign destinations, scales down 7 routes

Fri, 03/22/2019 - 16:23
The routes where services have been temporarily withdrawn include Pune-Singapore (seven a week), which was launched with much fanfare late last December, and Pune-Abu Dhabi (seven flights a week)

Reliance denies selling oil to Venezuela by sidestepping US sanctions

Fri, 03/22/2019 - 16:20
Reliance will continue its transactions in full compliance of prevailing sanctions, the company said

Govt gets bids worth Rs 28,000 cr in 5th CPSE ETF, to retain Rs 10K cr

Fri, 03/22/2019 - 15:45
CPSE ETF FFO4 oversubscribed by about 8 times so far against the base issue size of Rs 3,500 crores. Government has decided to retain Rs 10,000 crores, says DIPAM

Ola banned for 6 months in Bengaluru, accused of breaking licence terms

Fri, 03/22/2019 - 15:33
Despite repeated warnings, Ola was misusing the licence granted by the authorities

Lenders may pick substantial stake in Jet, wait for new promoters: Report

Fri, 03/22/2019 - 15:00
The process of getting a new promoter on board is likely to take another two to three months and once that happens, the banks would offload their stakes

Pages that list Yeddyurappa's name photo copies: Tax dept on bribe row

Fri, 03/22/2019 - 13:25
CBDT in a statement said it had recovered 'xerox copy' of 'diary pages' of Karnataka Legislative Assembly of 2009 from Congress leader D K Shivakumar during a search action on 2 August, 2017

German 10-yr bond yields crash below zero as growth fears roil markets

Fri, 03/22/2019 - 13:21
Yields on Germany's 10-year government bond turned negative for the first time since October 2016

Shiv Sena denies ticket to MP who hit Air India staff and boasted about it

Fri, 03/22/2019 - 11:35
Sena has replaced Gaikwad with Omraje Nimbalkar in Osmanabad constituency

Is Pakistan about to hit an oil jackpot? PM Imran Khan is praying

Fri, 03/22/2019 - 11:30
There has been no official word from ExxonMobil and ENI, which have been involved since January in drilling an ultra-deep well in Kekra-I

Muslim nations call for steps against Islamophobia after New Zealand attack

Fri, 03/22/2019 - 11:06
Violence driven by Islamophobia requires "genuine, comprehensive and systematic measures to address this affliction," ministers from the Organisation of Islamic Cooperation said

Govt exceeds FY19 divestment target by Rs 5,000 cr, rakes in Rs 85,000 cr

Fri, 03/22/2019 - 10:55
The govt has mopped up Rs 9,500 crore from the fifth tranche of CPSE ETF and Rs 14,500 crore from the REC-PFC deal

Cold storage capacity expands, Rs 21,000 crore investment lined up by 2023

Fri, 03/22/2019 - 10:47
Currently 68% of existing cold storage capacity is used for potato and yet farmers aren't getting the right price. The situation in other commodities no better

SpiceJet in talks to lease other aircraft after India grounds 737 MAX fleet

Fri, 03/22/2019 - 10:19
The airline was forced to ground its 12 Boeing Co 737 MAX 8 planes by India's aviation watchdog due to safety concerns after an Ethiopian Airlines plane crash that killed 157 people