Business
Jail term in drug case will not impact Ness Wadia: Company

Jail term in drug case will not impact Ness Wadia: Company

30-04-2019  comments

New Delhi (IANS) Maintaining that the jail term by a Japanese court for Ness Wadia in a drug case remains suspended, the business conglomerate on Tuesday said that the development will not impact Wadia Group heir in discharging his responsibilities.

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India is YouTube's fastest growing market: Pichai

India is YouTube's fastest growing market: Pichai

30-04-2019  comments

San Francisco (IANS) India offers great potential for Google-owned YouTube's growth and the latest in the journey is YouTube Music that has been downloaded more than 15 million times in the country, CEO Sundar Pichai has said.
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Jet staff promise to secure Rs 3,000 crore, seek SBI nod to bid

Jet staff promise to secure Rs 3,000 crore, seek SBI nod to bid

29-04-2019  comments

New Delhi (IANS) Sensing that the options to revive the grounded Jet Airways are fast running out, a group of airline employees has written to SBI seeking permission to allow a consortium of employees and external investors to bid for the company's…

Fewer Britons choosing EU countries for holidays

Fewer Britons choosing EU countries for holidays

29-04-2019  comments

London (IANS) Fewer Britons have booked a summer holiday inside the European Union (EU) this year amid continuing Brexit uncertainty, according to leading travel firm Thomas Cook.

In a statement on Sunday, the travel firm said…

Rs 300 cr hole in Air India pocket as Pakistan air space closes

Rs 300 cr hole in Air India pocket as Pakistan air space closes

28-04-2019  comments

New Delhi (IANS) Air India has suffered losses of around Rs 300 crore since late February as its long haul flights from New Delhi are taking longer to reach destinations in Europe, the Gulf and the US because of the closure of Pakistan's airspace.

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Government stake to fall below 51 pc in bluechip PSUs to boost disinvestment

Government stake to fall below 51 pc in bluechip PSUs to boost disinvestment

28-04-2019  comments

New Delhi (IANS) Government proposes to offload a substantial portion of its stake in select blue-chip companies this year to meet higher disinvestment target even though the exercise will bring down its holding below 51 per cent level, the minimum…

A-I operations to normalise by Saturday night

A-I operations to normalise by Saturday night

27-04-2019  comments

New Delhi/Mumbai (IANS) National carrier Air India expects operations to normalize by Saturday night after its flights were delayed due to a software glitch which hindered essential services like check-in, baggage handling, and boarding.

No clarity from banks on paying salary dues: Jet CEO

No clarity from banks on paying salary dues: Jet CEO

26-04-2019  comments

New Delhi (IANS) Hinting that Jet Airways employees are unlikely to receive their salary dues till the stake sale process is completed, Vinay Dube, the CEO of crisis-struck Jet Airways, on Friday told airline employees that the lenders have…

HDFC Life Insurance posts Rs.1,277 crore net profit

HDFC Life Insurance posts Rs.1,277 crore net profit

26-04-2019  comments

Mumbai (IANS) Private life insurer HDFC Life Insurance Company Ltd on Friday said it closed last fiscal with a 15 per cent growth in net profit.

In a statement issued here, the company said it had logged a net profit of Rs 1,277…

Tata Steel net profit down by 84 per cent in Q4

Tata Steel net profit down by 84 per cent in Q4

26-04-2019  comments

Mumbai/ Kolkata (IANS) Steel giant Tata Steel on Thursday reported a whopping 84 per cent decline in its consolidated net profit, to Rs 2,295 crore, during the fourth quarter of the financial year 2018-19 as compared to Rs 14,688 crore in the corresponding…

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