Business
Sensex Rises by 57.61 points, Nifty Breaches 11,700-mark
The 30-share BSE index Monday settled at 38,871.87, showing a rise of 198.96 points, or 0.51 per cent. Intra-day, it hit a life-time high of 39,115.
Bank of Baroda Becomes 3rd Largest Lender as Dena, Vijaya Bank Merger Takes Effect
The Reserve Bank of India (RBI) had on Saturday said branches of Dena Bank and Vijaya Bank would function as BoB outlets from April following the amalgamation.
GST Collection Records Rs 1.06 Lakh Crore in March
Total number of summary sales return GSTR-3B filed for the month of February up to March 31, stood at 75.95 lakh.
India Once Again Delays Levying Retaliatory Tariff on US Goods to May 2
Angered by Washington's refusal to exempt it from new steel and aluminium tariffs, India decided in June last year to raise the import tax from August 4 on some US products including almonds, walnuts and apples.
Jet Airways Pilots Defer Strike by Two Weeks, Say Will Halt Flying Operations from April 15
Jet Airways has been defaulting on salary payments to pilots, engineers and senior management since August last year.
DGH Seeks Data on ONGC's Top 47 Fields After Rejection of Bid to Privatise Fields
A high-level committee headed by NITI Aayog Vice Chairman Rajiv Kumar had in late 2018 considered "transferring" giants such as Mumbai High, Vasai East and seven other fields of ONGC to private/foreign companies.
Have Enough Pilots, Operations Won't be Impacted: Jet Airways
In a statement, the airline said that it remained committed to honour its obligations towards all its employees, including pilots and engineers.
200 Pilots Write to Jet Airways CEO, Flag Concerns Over Salary Dues
Cash-strapped Jet Airways, whose board has cleared a debt resolution plan, has grounded many planes and has also defaulted on repayment of debt, including External Commercial Borrowings (ECBs).
WOW Air, Iceland's Budget Carrier Collapses, Cancels All Flights
WOW, which focused on low-cost travel across the Atlantic, advised stranded travellers to seek flights with other airlines.
Titan's M-cap Tops Rs 1 Lakh Crore Mark After Stock Prices Touch All-time High
Titan is ranked 30th in the list of top companies based on their market valuation on the BSE.
After 50 Years, Soonawala Steps Down from Tata Trusts on Health Grounds
The retirement comes, it can be noted, on the heels of Venkatramanan being forced out of the trusts in Janaury following the income tax notice on his commerical level salaries.
Sensex Jumps Over 200 Points; Nifty Reclaims 11,500 Level
Top gainers include IndusInd Bank, SBI, Sun Pharma, Bharti Airtel, L&T, Bajaj Finance, Axis Bank and Tata Motors, rising up to 3.62 per cent.
Expect Buyer for Jet Airways by May 31, Says SBI Head After Naresh Goyal Exits Board
Consortium of lender led by the SBI has agreed to put in Rs 1,500 crore immediate funding by acquiring 51 per cent stake in the company through issue of Rs 11.4 crore fresh shares.
Govt Exceeds Disinvestment Target, Proceeds Touch Rs 85,000 Crore in FY19
This is the second highest disinvestment proceeds in a financial year after the government last fiscal mopped up a little over Rs 1 lakh crore in 2017-18
SpiceJet Becomes First Indian Low-cost Airline to Join Global Grouping
The International Air Transport Association (IATA) represents more than 290 airlines, including Air India, Jet Airways and Vistara.
Stocks End Flat on Profit Booking in Energy, IT Stocks
Sectorally, the BSE realty, metal, telecom and healthcare indices ended the day in the green while IT, auto and power indices settled in the red.
