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Image used for representational purpose only. (File photo)
DGCA deregisters two aircraft of grounded carrier Air Costa

According to sources, the Directorate General of Civil Aviation (DGCA) wrote to the airline that its two Embraer aircraft have been removed from the Civil Aircraft Register.

23 Mar 2017

Image used for representational purpose only. (File photo | Reuters)
Indian foreign investors top realty market in Dubai: Sources

Indians have emerged the top foreign property investors in Dubai, spending over USD 3.2 billion last year alone, according to the Dubai Land Department.

23 Mar 2017

Image used for representational purpose only. (File photo | Reuters)
Sensex rises; financials, auto stocks bounce back

Energy shares lead the gains while financial and auto shares bounced back.

23 Mar 2017

Image used for representational purpose only. (File photo | Reuters)
Government may table GST bills in Parliament today: Minister

"We can do it today as well. A meeting on GST will be chaired by Finance Minister Arun Jaitley today," Minister of State for Finance Arjun Ram Meghwal told the media.

23 Mar 2017

Image used for representational purpose only. (File photo | Reuters)
Finance Ministry calls banks to discuss new facility to drain surplus cash: Sources

It will discuss implementing a new framework called a 'standing deposit facility' that would drain the surplus cash at a rate lower than the repo rate without the need for any collateral, sources said

23 Mar 2017

State-run power producer NTPCtoday said it has commissioned 20 mega watt (MW) of Bhadla Solar Power Project in Rajasthan.
NTPC commissions 20 MW capacity at Bhadla solar project

Shares of NTPC Ltd were trading 1.06 per cent higher at Rs 162.40 on BSE. 

23 Mar 2017

Image used for representational purpose only. (File photo | Reuters)
Key Indian equity indices open higher

Taking a cue from global markets, key Indian equity market indices opened higher on Thursday.

23 Mar 2017

British car imports on upward trajectory

The top five British bestsellers in India are Discovery Sport, Range Rover Evoque, Jaguar XF, Jaguar XE and the Jaguar F-Pace.

23 Mar 2017

TVS lines up new products to increase market share

The company commanded a market share of around 17 per cent in scooters and 8 per cent in motorcycles as of December 2016.

23 Mar 2017

PepsiCo expands nutrition portfolio

The Tropicana Essentials line is being introduced with ‘Fruits & Veggies’, a juice product with Vitamin A and Vitamin C.

23 Mar 2017

ONGC seeks review of gas prices; wants minimum price of $4.2 / mBtu

The same for other basins is in the range of $3.8 per mBtu to $6.59 per mBtu.

23 Mar 2017

Commuters sit at a bus stop adorned with an advertisement of Indian online marketplace Snapdeal featuring Bollywood actor Aamir Khan, in Bengaluru, India, October 15, 2015. | File Reuters
SBI asks snapdeal sellers to clear dues

The letter estimated that in any given month, Snapdeal holds Rs 300-400 crore in the form of outstanding dues and goods in transit or refunds.

23 Mar 2017

SBI plans to discontinue associate banks’ products

Says customers will not face service disruption because of merger.

23 Mar 2017

Centre issues guidelines for loan for affordable housing

Venkaiah Naidu released the operational guidelines the interest subsidy scheme.

23 Mar 2017

Finance Minister Arun Jaitley (File | Reuters)
Aadhaar mandatory for filing Income Tax returns to avoid tax evasion: Arun Jaitley

Finance Minister Jaitley replied in affirmative when a BJD member questioned whether the government was forcing people to have Aadhaar number by making it mandatory.

22 Mar 2017

Bajaj Hindusthan to sell power business for Rs 1,227 crore to group firm

Bajaj Hindusthan Sugar Ltd has cut down the deal size to Rs 1,227 crore for selling its power business to group firm Lalitpur Power Generation Company Ltd.

22 Mar 2017

Finance Minister Arun Jaitley (File | PTI)
Action against 9.29 lakh for not responding to Income Tax queries: Finance Minister

Action will be taken against 9.29 lakh entities who have not responded to the I-T department queries over cash deposited by them which did not match their income profile.

22 Mar 2017

Media, banking emerged attractive sectors for Foreign Direct Investment 2016

In 2016, total foreign direct investments inflows stood at USD 46.4 billion-up 18 per cent from USD 39.3 billion in the preceding year.

22 Mar 2017

Reserve Bank of India to issue Rs 10 bank notes in Mahatma Gandhi Series soon

The Reserve Bank will shortly issue Rs 10 denomination bank notes in the Mahatma Gandhi Series 2005.

22 Mar 2017

Donald Trump holds three bars of gold bullion in New York, U.S., September 15, 2011. (File | Reuters)
Gold touches three week peak, investors ditch equities over Trump worries

A lack of concrete policy from the Trump administration is increasing gold's attraction as a safe-haven investment, analysts and traders said.

22 Mar 2017

US bans Indian drugmaker Divi's factory, shares hit three-year low

The FDA also found violations of manufacturing standards at Dr Reddy's Laboratories Ltd's drug plant, also in Vizag, during an inspection.

22 Mar 2017