Airlines face a fresh probe for suspected cartelisation and for the alleged arbitrary hike in airfares, with the fair trade regulator CCI Thursday saying it needs to get to the bottom of the issue.
The benchmark BSE Sensex recovered by over 148 points Friday to close at a one-month high of 27,957.50 on across-the-board buying by participants amid renewed hopes of a rate cut and better-than-estimated corporate earnings.
The rupee edged higher marginally by 5 paise to 63.59 against the US dollar in early trade on Friday on continued selling of the American currency by banks and exporters.
Gurgaon-based budget carrier SpiceJet has raised Rs 300 crore and will aggressively ramp up its fleet, by adding 1-2 Boeing 737s every month to increase its fleet size to 50 by March 2016.
Short-haul international destinations seem to be the flavour of the season for Indian leisure travellers this summer.
At a time when the government is cracking down on black money and illegal transactions, Tata Housing is coming out with the option of paying for a house using credit or debit cards.
An internal audit by the Central Bank of India has found that the promoter of Winsome Diamonds and Jewellery — the country’s top wilfully defaulting company of public sector bank loans — may have shifted abroad.
Are high prices in Delhi and NCR keeping you away from buying your dream home? You may be in for some good news, as prices are likely to decline in the next three to five months.
Indian conglomerate Essar Group on Thursday said it is no longer interested in buying Nokia's Chennai mobile manufacturing unit.
Indian IT major Wipro has been felicitated by Microsoft with 'Supplier of the Year award' for demonstrating excellence across multiple disciplines.
The benchmark BSE Sensex on Thursday settled marginally lower by 28 points at 27,809.35 as market remained cautious on concerns over poor quarterly earnings despite prevailing rate cut hopes.
The rupee on Thursday ended higher by 18 paise at 63.64 against the US dollar on fresh selling of the American currency by banks and exporters amidst weakness of the greenback in overseas markets.
Budget carrier AirAsia India wants to do away with the 15-kg free check-in baggage that passengers are allowed to carry, and has sought aviation regulator, the Directorate General of Civil Aviation’s (DGCA’s), permission.
Five of the world's largest banks, including JPMorgan Chase & Co and Citigroup Inc, were fined roughly $5.7 billion, and four of them pleaded guilty to US criminal charges over manipulation of foreign exchange rates, authorities said on Wednesday.
Budget carrier SpiceJet Thursday said it will infuse Rs. 300 crore into the airline through various instruments and enhance its fleet size to 45-50 aircraft by March next year.