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A view of the Hinduja National Power Corporation. File

Asian Rich List 2019: Hinduja family tops with net worth of £25.2 billion

PTI India’s High Commissioner to the UK Ruchi Ghanashyam released the list which is a compilation of the 101 wealthiest Asians in Britain.

28mins

Enforcement Directorate. File

Sterling Biotech case: Court allows ED to send LRs to 21 countries for assistance in ₹8,100 crore bank fraud case

PTI The ED registered its case based on Central Bureau of Investigation charge sheet and is probing money laundering.

42mins

Amid crisis, Jet Airways pilots hop on to other carriers

Aditya Anand Many Boeing 737-800 pilots have opted for SpiceJet

Canara Bank issues bonds to raise up to $400 mn via London branch

PTI Bonds carry coupon of 3.875% payable half-yearly

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Asian Rich List 2019: Hinduja family tops with net worth of £25.2 billion

Sterling Biotech case: Court allows ED to send LRs to 21 countries for assistance in ₹8,100 crore bank fraud case

RIL denies sidestepping any U.S. sanctions

Amid crisis, Jet Airways pilots hop on to other carriers

Canara Bank issues bonds to raise up to $400 mn via London branch

Indonesia's carrier Garuda to call off order for 49 Boeing 737 Max 8 jets

Cash-strapped Jet Airways cuts more domestic flights

Service from Delhi to all metros, except Mumbai, cancelled.

IndiGo launches Delhi-Istanbul flight; plans for wider global expansion

India’s largest airline IndiGo has around 40% domestic passenger market share

Passenger growth story hits air pocket, dips to 53-month low

February sees 5.6% increase as carriers trimmed schedules

Statutory dues of companies are operational debt, says NCLAT

Press Trust of India The NCLAT on Wednesday held that statutory liability, including income tax and value added tax dues, of debt-ridden companies are

Toyota, Suzuki expand scope of collaboration to Africa, Europe

Auto majors even plan joint development of model

Bankruptcy last option on Jet: SBI

Rescue almost ready, Etihad has not ‘conclusively’ decided to exit airline: Kumar

Angel tax: CBDT, DPIIT trade blame for delay in resolving issue

Can’t use data in PDF form, says CBDT

Global toy firms eye India sourcing

Mattel, Funskool in talks; majors exploring options thanks to U.S.-China trade war

Tea exports may touch 240 million kg in FY19

Between April 2018 and January 2019, India exported 209.9 million kg

EU regulators fine Google €1.49 billion for blocking rival online search advertisers

Last year, the EU competition enforcer imposed a record €4.34 billion fine on Google for using its popular Android mobile operating system to block rivals.

Lenders to make every effort to keep Jet Airways flying: SBI

Etihad currently holds 24% stake in Jet Airways.

Instagram adds shopping feature for U.S. users

The feature will allow U.S. Instagram users to click on a product featured in a post, see its price, and click again to bring up an order form.

L&T offers Dil & Pyar, Mindtree founders say ‘let’s spar’

Not a ‘hostile takeover’ insists Larsen & Toubro CEO S.N. Subrahmanyan; grave threat to a unique organisation, says IT firm

‘We want Mindtree to be Mindtree... take the company forward as it is’

What we can bring is board oversight and industry connect, and leverage relationships, says L&T MD and CEO

Builders get GST leeway till March 31

GST Council allows them to choose between old and new rates for under-construction properties

Jet Airways pilots threaten to stop flying over non-payment of salaries

The pilots and other senior staff have not been paid full salaries since December.

Further attrition of Jet Airways’ flights likely in coming weeks: DGCA

Grappling with financial woes, the carrier has been looking at ways to raise fresh funds.

Mindtree promoters unconditionally oppose L&T's ‘hostile’ takeover bid

Mindtree promoters, who hold around 13.3% stake in the global information technology (IT) consulting and services firm, have decided to

India’s fuel demand rises 3.8 % in February

Free cooking gas connections spur LPG consumption

SpiceJet joins global airlines’ grouping IATA

SpiceJet is the first Indian budget carrier to join the IATA

Flight safety is at risk, Jet Airways aircraft engineers' union tells DGCA

The letter from the Jet Aircraft Maintenance Engineers Welfare Association says three months of salary was overdue for them.

Hyundai, Kia to invest $300m in Ola

The three companies will work on developing unique fleet and mobility solutions, besides building India-specific electric vehicles and infrastructure

Anil Ambani thanks Mukesh Ambani, Nita for timely support in clearing RCom dues

"I and my family are grateful we have moved beyond the past, and are deeply touched with this gesture,”

U.K. court issues warrant for Nirav Modi's arrest

No indication yet of when warrant would be executed

Day ahead of deadline, Anil Ambani’s RCom pays ₹4.62 billion to Ericsson

Reliance Communications on Monday paid ₹460 crore to Swedish telecom equipment maker Ericsson, a day ahead of the March 19 deadline set by the Supreme

Infosys shareholders approve re-appointment of Kiran Mazumdar-Shaw as independent director

Shareholders of IT services company Infosys have approved the reappointment of Kiran Mazumdar-Shaw as independent director by an overwhelming

DGCA calls meeting with airlines on Tuesday to discuss rising airfares

Aviation watchdog DGCA has called a meeting on Tuesday to discuss with airlines the upward spiral in airfares as Jet Airways continue to ground its

Jet Airways grounds four more planes for non-payment of lease rentals

Cash-strapped Jet Airways on Monday said it has grounded four more planes, taking the number of aircraft that are non-operational due to non-payment

SEBI contemplates reducing time to list rights issue shares

‘May come down to 8-10 days from the current one month’

BSNL to approach NCLT this week against RCom to recover ₹700 crore

“BSNL has aready invoked bank guarantee of around ₹100 crore submitted by RCom for default on payments," according to sources

Punjab & Sind Bank to raise ₹500 crore

State-owned Punjab & Sind Bank said it would raise up to ₹500 crore by issuing fresh equity shares through qualified institutional placement.

Grasim Industies gets ₹5,872 crore tax demand

It relates to merger with 2 group firms

NCLAT refuses to stay Essar Steel sale to ArcelorMittal

Seeks new distribution plan for bid amount between financial and operational creditors of Essar Steel

Unilever elevates Paranjpe as COO

Sanjiv Mehta promoted as president of Unilever South Asia

Goyal, Etihad face-off may cost Jet dear

Gulf airline wants Jet chairman, wife to exit post restructuring, rejects terms set by Goyal

SEC charges Volkswagen, former CEO with defrauding investors

The complaint claims Volkswagen made false and misleading statements to investors and underwriters about vehicle quality, environmental compliance, and the company’s financial standing.

‘Titan is a jewel in the crown of the Tata group’

Titan is a jewel in the crown of Tamil Nadu government and Tata group, said L. Ramkumar, chairman, Shanti Gears and president, Madras Management

BSNL to clear February salary of employees by Friday, says CMD Anupam Shrivastava

BSNL has 1.76 lakh employees across India and MTNL has around 22,000.

Facebook data deals under criminal investigation: report

The New York Times reports that federal prosecutors are conducting a criminal investigation into Facebook’s data deals with major electronics

Donald Trump announces plan to ground all Boeing 737 MAX planes

U.S. President Donald Trump on March 13 announced a plan to ground all Boeing 737 MAX aircraft amid intense international and political pressure

Fares fly high as planes grounded

About 500 flights have been cancelled, summer fares may increase by 20-50%

PV sales skid 8%, bikes inventory alarming: FADA

‘High stock situation across categories’

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