The top 10 most valued companies saw a combined erosion of over Rs 1 lakh crore to their market capitalisation over the past week, amid a steep fall in the broader market.
As it embarks on a revival path, budget carrier SpiceJet plans to lease seven more Boeing 737 aircraft by May while another Rs 500 crore is expected to be infused by its new owner Ajay Singh next month.
To woo customers amid low occupancy in its flights, Tata-SIA joint venture carrier Vistara today rolled out special 90-day advance purchase fares, starting at Rs 2,129.
US economic growth decelerated in the fourth quarter of 2014 and is likely to slow further in the first quarter of 2015 despite robust consumer spending, the US Commerce Department said on Friday, a media report said on Saturday.
The Silk Road projects announced by Chinese President Xi Jinping could benefit India's infrastructure development, a Confederation of Indian Industry board member said today.
Apple chief executive Tim Cook plans to give away all his wealth to charity, after setting an amount aside for his 10-year-old nephew’s college education, which can be a fortune in itself at current rates.
Energy giant Vedanta Resources plc on Friday filed a notice of claim against the government’s move to impose Rs 20,497 crore in taxes and penalties on its subsidiary, Cairn India.
Finance minister Arun Jaitley on Friday said India needs to increase the use of cheques and “plastic currency” to clamp down the menace of black money.
Australia announced on Sunday that it would join negotiations to establish a new a Chinese-led Asian regional bank that has emerged as a potential challenge to United States influence in a part of the world where the Obama administration has tried to forge stronger ties.
The government may be going all out to promote Gujarat International Finance Tec-city (GIFT) as a financial services hub on the lines of Singapore, Hong Kong, Dubai and London, but an immediate migration of business — initially estimated to be $50 billion annually — away from these established centres would hinge on clear tax incentives, world-class facilities and sharp prospects of growing trade potential.
The US resistance to a Chinese-led Asian regional bank has left it isolated among its Asian and European allies, and given some heft to China’s frequent complaints that Washington wants to contain its rise as a world power.
India's biggest carrier, IndiGo, is preparing to file documents for a stock listing to raise $300 to $400 million, two sources with knowledge of the plans said, as it looks to cash in on a booming air travel market.
Government is likely to exempt oil producers ONGC and Oil India Ltd from payment of fuel subsidy in the fourth quarter ending March 31, a senior Petroleum Ministry official said on Friday.
The benchmark BSE Sensex on Friday ended at 27,458.64, up by a marginal 1.06 points to technically snap the seven-session losing streak in a highly volatile trade amid continuing geo-political tensions.
Honda Motor Company Ltd said on Friday that it would invest 9.65 billion rupees ($154 million) to expand its motorcycle and automobile production in India, targeting growing demand in Asia's third-largest economy.