Sensex up 116 pts, Nifty above 11,550 mark

Mumbai (IANS) The Sensex and Nifty opened higher on Friday following firm Asian markets along with gains in the pivotal banking stocks.

Sentiments continued to be upbeat on Friday over sustained inflows of foreign funds which has supported…

Government enters cockpit to curb air fare hike

New Delhi (IANS) The government on Wednesday said it was working with the airlines to increase capacity across sectors to keep a check on spiraling airfares.

"To ensure passenger convenience, stable operations, and affordable…

5G reserve price: TRAI says industry consulted

New Delhi (IANS) TRAI chairman R.S. Sharma on Wednesday put the ball back into the operators' court after they complained that the 5G spectrum reserve prices were higher, saying the operators were consulted over the base price and the government…

'Rating IDBI Bank as private is against public interest'

Chennai (IANS) The All India Bank Employees' Association (AIBEA) has demanded the Reserve Bank of India (RBI) to reconsider its decision to categorise IDBI Bank as a private entity.

In a letter to the RBI on Wednesday, AIBEA's…

India is key focus area, 3D printers next big thing

Houston (IANS) India is a very attractive market with high brand recognition for a computer hardware producer like Hewlett Packard, said HP Inc's President for Asia Pacific and Japan, Tian Chong Ng.

The Asia Pacific region --…

Hyundai, Kia invest around Rs 2,000 crore in Ola

Bengaluru (IANS) In their single biggest investment ever, Hyundai Motor Co and its affiliate Kia Motors Corp on Tuesday announced an investment of Rs 2,068 crore ($300 million) in India's leading ride-hailing cab aggregator Ola.

Emergency meeting on Jet's aircraft grounding, future

New Delhi (IANS) Union Civil Aviation Minister Suresh Prabhu on Tuesday directed senior officials to hold an emergency meeting on the grounding of flights by Jet Airways.

The Minister for Commerce and Industry and Civil Aviation tweeted:…

Mumbai Metro launches 2-in-1 travel smart card

Mumbai (IANS) The Reliance Infrastructure Ltd.'s Mumbai Metro One on Monday launched a 2-in-1 travel card in collaboration with TMW Fintech Pvt. Ltd. and the Federal Bank, an official said here.

The smart card, to be powered by MasterCard,…

AirAsia CEO quits Facebook over Christchurch videos

Kuala Lumpur (IANS) AirAsia CEO Tony Fernandes has deleted his Facebook account over the circulation of a video of the Christchurch mosques carnage that claimed the lives of 50 people, saying the social media giant needed to "clean up and not…

Sensex up 300 points, Nifty above 11,500

Mumbai (IANS) The benchmark Sensex jumped over 300 points higher, while the Nifty crossed the 10,500 mark during the morning trade session on Monday.

Sentiments continued to be upbeat over sustained inflows of foreign funds and healthy buying…