Finance Ministry seeks central sponsored schemes evaluation prior to Budget

New Delhi (IANS) The Finance Ministry has asked all ministries to report evaluation of Central Sector schemes under them in an effort to decide on funds allocations and requirement of improvements in them prior to the Budget.

The Department…

Equity indices open flat tracking Asian markets

Mumbai (IANS) The key Indian equity indices opened on a flat note on Monday tracking a similar trend in the major Asian markets.

The ongoing trade concerns between the US and China weigh continues to weigh on the investor sentiments globally,…

SpiceJet adds 100th aircraft to its fleet

New Delhi (IANS) Budget airline SpiceJet on Sunday said it has added a new Boeing 737 aircraft to its fleet, taking its total strength to 100 aircraft.

SpiceJet is the fourth domestic airline to have 100 aircraft in its fleet,…

New government formation, GDP data to dictate equity trends

Mumbai (IANS) The formation of the new government at the Centre along with GDP data and derivatives expiry will dictate the trends of the Indian equity market in the coming week.

The BJP-led National Democratic Alliance (NDA), which comprehensively…

Manpasand Beverages' top executives arrested for GST fraud

Vadodara (Gujarat) (IANS) The entire top deck of Gujarat-based Manpasand Beverages including the company's Managing Director have been arrested on allegations of GST fraud.

According to a BSE filing by the company, the Commissioner…

Air Asia India drops plan to take Jet's grounded B737s

New Delhi (IANS) Low-cost carrier Air Asia India has dropped its plan to lease B737 aircraft of grounded Jet Airways as the Tata group venture carrier wants to continue with one type of aircraft.

"Air Asia India had informed…

After Amul, Mother Dairy hikes poly pack milk prices

New Delhi (IANS) Following the price hike by Amul Milk, Mother Dairy is to raise the consumer prices of its poly pack milk variants in Delhi NCR effective from Saturday, the company said in a statement here.

The Mother Dairy 1 litre pack…

Sensex up 275 pts, Nifty above 11,700

Mumbai (IANS) Sensex on Friday opened on a firm note but shed most of its gains to trade just over 275 points higher from its Thursday's close.

The Sensex at 11.46 a.m., was trading 275.94 points or 0.71 per cent higher at 39,087.33.

Korean Air holding job fair for grounded Jet pilots

New Delhi (IANS) Korean Air will hold a two-day "road show" in Delhi on Friday and Saturday to hire pilots from the grounded Jet Airways which has seen an exodus of staff in the wake of the suspension of operations.

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Sensex down 400 pts as investors rush to book profit

Mumbai (IANS) The S&P BSE Sensex , at 3.17 p.m., fell over 400 points or 1.02 per cent to 38,709.95 after hitting a record high of 40,124.96 as investors rushed to book profit.

The Nifty fell by 86.05 points or 0.73 per cent to 11,651.85.