Business

In a letter to DGCA chief BS Bhullar, the grouping's general secretary Captain K Jayakumar said that such a prolonged atmosphere of financial uncertainty is not conducive to flight safety.

The former IL&FS Group directors had on January 16 approached NCLT seeking clarification on bench's December 3, 2018 order restraining them from disposing of or creating any third-party rights on their properties till January 16.

Fresh foreign fund inflows and positive opening in domestic equities capped the losses for the domestic unit despite the strengthening of the US dollar weighing on the local unit.

After gyrating nearly 300 points, the BSE Sensex settled 52.79 points, or 0.15 per cent, higher at 36,374.08. The broader NSE Nifty inched up 14.90 points, or 0.14 per cent, to 10,905.20.

Naresh Goyal's offer comes against the backdrop of strategic partner Etihad reportedly putting forward strict conditions, including that Goyal should give up control, for infusing funds into the crisis-hit carrier.

ArcelorMittal's offer to take over the bankrupt Essar Steel was accepted by the committee of creditors (CoC).

Abu Dhabi is part of the United Arab Emirates that cut ties with Qatar in 2017 over allegations that the country was supporting terrorism. Doha has denied the charges.

The strength of the dollar, sustained foreign fund outflows and surging crude oil prices weighed on the domestic unit.

Infosys was also among the top gainers, rising 2.58 per cent, after the company on Friday said it will buyback shares worth up to Rs 8,260 crore and offer shareholders a special dividend of Rs 4 per share as part of the company's Rs 13,000 crore-capital a...

Individually, in petrol and diesel inflation was 1.57 per cent and 8.61 per cent, respectively, and for liquified petroleum gas (LPG) it was 6.87 per cent during December.

Discoms of Uttar Pradesh (UP), Maharashtra, Telangana, Andhra Pradesh, Karnataka, Delhi and Tamil Nadu owe the major portion of dues to the power generating companies and take over 514 days or about 1 year and 4 months to make payments, the portal showed.

Several states, including Punjab, Himachal Pradesh, Chattisgarh, Uttarakhand, J&K, Odisha, Goa, Bihar, Gujarat and Delhi, are facing revenue shortfall following the implementation of GST.

The move comes after a cumulative net inflow of Rs 8,584 crore in the equity markets by Foreign Portfolio Investors (FPIs) during November and December.

The rupee opened strong at 70.38 at the interbank forex market against previous close of 70.41 per dollar then gained further ground and touched a high of 70.34 amid positive opening in domestic equities, displaying gains of 7 paise against the greenback.

Five carriers combined - IndiGo, Jet Airways, SpiceJet, GoAir, Vistara -- have placed orders for around 1,115 planes with global aircraft makers since 2011.

According to the RBI data, there were 3,285 million pieces of Rs 2000 notes in circulation at end-March 2017.