148 MT foodgrain output expected in Kharif 2019-20

New Delhi (IANS) With the Indian Meteorological Department forecasting "near normal" monsoon this year, the Agriculture Ministry on Thursday set its target for foodgrain production during kharif season 2019-20 at 147.9 million…

Key Indian equity market indices open in green

Mumbai (IANS) Despite muted trend in global markets, the key Indian equity market indices on Thursday opened higher ahead of F&O expiry.

The Sensitive Index (Sensex) of the BSE, which had closed at 39,054.68 points on Wednesday, opened…

E-sports platform Mobile Premier League raises $35.5 mn

New Delhi (IANS) Mobile e-sports or gaming platform, Mobile Premier League (MPL), has raised $35.5 million (around Rs 244 crore)in a Series A funding round led by Sequia India, Times Internet and GoVentures, MPL said on Wednesday.

…

Dollar climbs amid economic data

New York (IANS) The US dollar strengthened against its major rivals in late trading on Tuesday as market participants digested the newly-released economic data.

Sales of new single-family houses in the US were at a seasonally adjusted…

ITC moves NCLT against Hotel Leelaventure

Kolkata (IANS) Hotel Leelaventure on Tuesday said the diversified conglomerate ITC Ltd has filed a petition against it before the Mumbai bench of the National Company Law Tribunal (NCLT) for alleged "oppression and mismanagement".

"This…

Oil supply to Indian refineries is adequate: Government

New Delhi (IANS) The government has worked out a contingency plan to ensure that there is adequate supply of crude oil to Indian oil refineries from May onwards when the US lifts the waivers from its Iran sanctions given earlier to major oil importing…

Airlines asked to keep fares in check for far-flung areas

New Delhi (IANS) The Civil Aviation Ministry has asked domestic carriers to desist from raising fares on routes connecting far-flung areas, especially in the northeast, in the wake of the grounding of Jet Airways.

"The…

Sensex ends 495 pts down, fear gauge at 3 yr high

Mumbai (IANS) Indian stock markets fell steeply on Monday over a sharp rise in crude oil prices. The benchmark Brent crude futures rose above the $73 a barrel mark following reports that the US may end sanctions waivers it had granted to some importers…

Investors demand write-offs as Jet owes over Rs 11K cr outstanding debt

Mumbai (IANS) Prospective investors in the temporarily grounded Jet Airways have asked lenders to take a massive haircut or write-off around 80 per cent outstanding debt of the airline which is more than Rs 11,000 crore, document and sources revealed…

SpiceJet-Emirates MoU signals wider partnership ahead

New Delhi (IANS) In what suggests a beginning of larger partnership, low-cost carrier SpiceJet has announced to enter into a code-share agreement with Dubai's flag carrier Emirates.

The development assumes significance as grounded Jet Airways'…