Now, India grounds Boeing 737-MAX aircraft

New Delhi/Mumbai (IANS) India's civil aviation regulator late on Tuesday suspended the operations of Boeing 737-800 MAX aircraft, after several other countries restrained their airlines from operating the aircraft type.

In a late night…

Cheaper food prices lower retail inflation in February

New Delhi (IANS) Lower food prices halved India's retail inflation in February 2019 to 2.57 per cent, from 4.44 per cent during the corresponding month of last year, official data showed on Tuesday.

Accordingly, the Consumer Food Price…

Bharti Airtel to cut stake in Bharti Infratel

Mumbai (IANS) Telecom major Bharti Airtel will slash its stake in Bharti Infratel to 18.3 per cent by selling around 32 per cent stake to Nettle Infrastructure Investments, a regulatory filing by Infratel said on Tuesday.

Nettle Infrastructure,…

Sensex up over 400 points, Nifty crosses 11,250

Mumbai (IANS) The domestic equity indices surged over 1 per cent on Tuesday, with the BSE Sensex gaining over 400 points after the European Commission and the UK agreed to "legally binding" changes in the Brexit deal ahead of the vote in…

Private equity investments up 51% in February

New Delhi (IANS) Private equity or venture capital investments rose by 51 per cent year-on-year to $2.6 billion (Rs 18,177.9 crore) in February 2019, said an EY report. It was 41 per cent higher than January.

"February 2019…

Sensex up 250 points, oil, gas stocks surge

Mumbai (IANS) Amid mixed global cues Sensex surged close to 250 points as key equity indices opened in green on Monday, owing to gains in the banking and finance stocks.

Healthy buying was seen in all the sectors with BSE Oil and Gas index…

Petrol prices on Sunday up 9-10 paise

New Delhi (IANS) Petrol prices rose in the range of 9 to 10 paise in the four metropolitan cities of the country on Sunday, while diesel prices remained unchanged.

In the national capital, petrol was priced at Rs 72.40 a litre, 9 paise higher…

Oil companies maintain check, petrol and diesel may remain soft till elections end

New Delhi (IANS) Rising retail price of petrol and diesel prices is unlikely to become a problem for the ruling NDA government in the coming general elections as it seems to have tempered its policy of market-determined retail pricing of petroleum…

Government garners Rs 57,523.32 cr from sell-offs post Dredging Corp stake sale

New Delhi (IANS) The government's FY19 disinvestment proceeds have reached Rs 57,523.32 crore following its decision to sell its entire stake in the Dredging Corporation (DCI) to a consortium of four state-owned ports for Rs 1,050 crore.

The…

Nirav Modi tracked down to London

New Delhi (IANS) Fugitive diamantaire Nirav Modi, who is wanted by Indian agencies in the Rs 13,500 crore Punjab National Bank fraud case, has been spotted in London, a media report said.

A video released by the UK's The Telegraph newspaper…