After a gap of four years, Indian Airlines has made a turnaround, posting a net post-tax profit of Rs 44.17 crore (Rs 441.7 million) in 2003-04 as against the net loss of Rs 196.6 crore (Rs 1.966 billion) the previous year.
The RBI has lowered interest rates by 1.25 per cent since January.
Power equipment major Bharat Heavy Electricals on Monday announced an investment of upto Rs 1,000 crore (Rs 10 billion) in the next two years for expanding capacities to meet requirements of 11th and 12th five year plans.
The Yogi Adityanath government on Wednesday transferred 20 senior IAS officers, shunting out Principal Secretary-Information Navneet Sehgal and others who wielded considerable influence under the Akhilesh Yadav dispensation.
A Boeing team of experts would be flying to India to assess the situation arising out of a series of faults in Air India's Dreamliner aircraft, even as the airline insisted that the aircraft is safe.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
Admitting that there are governance issues in the public sector banks, RBI Governor Raghuram Rajan underlined the need for improving transparency in sanction of loans.
At the NSE, it tumbled 8.45 per cent to Rs 132.10.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
Another major development is REITs coming closer to reality
The integration of BrahMos with the Su-30MKI make the Indian Air Force the only air force in the world in procession of a supersonic cruise missile system.
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At the close of trade, telecom stocks ended with as much as 4.3 per cent loss.
Whether the experiment will continue will be determined after assessing the impact of these 15 days - from January 1 to 15
Jaitley's Budget has the potential to change the face of Modi's Bharat
In a major turnaround, Electronics Corporation of India's turnover increased by 48 per cent at Rs 1,005 crore (Rs 10.05 billion) during 2002-03 and the company plans to touch Rs 1,250 crore (Rs 12.5 billion) mark during the next fiscal.\n\n\n\n
Experts interviewed CMDs of nine public sector banks on Friday and Kamath is believed to be in the reckoning
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
After the Delhi high court's ruling, blanket exclusion of genetic disorders from coverage is likely to become a thing of the past.
In any case, Ghosh could take lessons from the best professionally managed companies all over the world that always groom the CEO successors well in advance.
Consumer products like mobile phones and laptops may become cheaper as the overall taxes on goods are likely to come down
Special CBI Judge O P Saini adjourned Monday's proceedings in the wake of stay granted by the Supreme Court on separate pleas filed by Mittal and Ruia challenging the March 19 order of the trial court summoning them as accused in the case.
As many as 11 people, including members from the influential Nilekani, Bajaj and Godrej families, were honoured for their outstanding contribution towards the good of the society at Forbes India Philanthropy Awards.
To increase local talent mix in the US like their major peer Infosys
B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post
Even though HMT has survived for over 50 years, it failed to find a new peg to sell itself even as later entrants captured market share.
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The company presently manufactures eight-seater -- GA8 utility aircraft, in its Australia-based companies Aerostaff and GrippsAero which it acquired in 2010 to get into the aviation sector.
Air India would add about 400 daily flights and over 40 new destinations in India to the 27-member Alliance network of over 18,500 daily flights to 1,316 airports in 195 countries.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
The company now plans to bet on health sciences, skin care and specialised products, says Arnab Dutta.
Investor wealth on Thursday soared by Rs 1 lakh crore, triggered by heavy buying in the stock market, with the BSE benchmark Sensex surging about 382 points to close at near six-week high levels.
BSNL will now offer free roaming from this month onwards.
The Coast Guard's latest and largest offshore patrol vessel, Samarth, was on Tuesday commissioned at Vasco Da Gama in Goa by Defence Minister Manohar Parrikar who asked the force not to sit on past laurels and focus on securing India's maritime interests.
Describing RBI policy as not surprising, State Bank of India Managing Director and Chief Financial Officer Diwakar Gupta said there is room for the central bank to look at the long-term and not too much on the short-term issues like rupee fall and the CAD.
"India will be home to a fifth of humanity, its economy 16 times bigger than today, and one of the world's largest consumer markets. India will be a world better in many areas"
Special CBI Judge O P Saini adjourned today's proceedings after advocate Siddharth Agarwal, appearing for Mittal, said the Supreme Court is scheduled to hear in March the separate pleas filed by Mittal and Ruia challenging the March 19, 2013 order of the trial court summoning them as accused in the case.
The RBI plans to increase e-smart facility.
Indian boxing finally came out of an administrative exile after the International body AIBA gave provisional recognition to the newly-elected Boxing India, clearing the decks for the the country's pugilists' hassle-free participation in the upcoming Asian Games.
Railway passengers can book their tickets and do shopping using RuPay pre-paid debit cards.
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
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