AirAsia says deal not violative of shareholder agreement.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
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Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Vistara is trying to be leaner and meaner, while staying focused on the original brand promise; it aims to be profitable by FY21. Arindam Majumder reports.
Here's why you should care.
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
The inaugural flight took off in the presence of Minister of State for Civil Aviation, Mahesh Sharma, along with a number of other people.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
Recruitment and import of aircraft still to get going
J R D Tata and Air India... Mrigank Warrier explores one of India's eternal love stories.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals
Two of the cabin crew in the aircraft were also found to be without any proper training, they said.
Some years ago, Rakesh Gangwal reportedly said his relationship with Rahul Bhatia evolved in an amazing friendship, which he termed 'blind trust'. The question is whether that is under scrutiny now.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
Despite the devastation that has struck this tiny mountain nation, Dr Vani Kori - who volunteered her service in Nepal for 10 days - believes it will soon rebuild itself.
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
Two months after launch, low-cost warrior AirAsia is expanding to uncharted routes in India.
Why had the CBI decided to have Waghmare tell the court the tale surrounding this odd trip to Kolkata made for even odder reasons, close to a year-and-a-half after Sheena's murder? To show the kind of person Indrani was? And that the murder of her daughter was not a heat of the moment crime, given Indrani was capable of other odd, suspicious, premeditated acts like this?
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
Captain John M Cox, who spent 25 years flying for United States Airways and is now the chief executive officer of safety operating systems at Washington DC, talks to Rediff.com's Vicky Nanjappa about the MH17 Malaysian Airlines flight which was shot down in Ukraine on Thursday night killing 298 people on board.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
'It's like your own private Boeing 747 which you can fly yourself. This concept brings the aeroplane closer to passengers and opens the cockpit to everyone.'
Malaysian authorities are probing new information that the missing plane with 239 people on board dropped to an altitude of 5,000 feet or possibly lower to evade radar detection after it turned back midair.
Incidents of arson, firing and vandalism were reported from Madhya Pradesh, Rajasthan, Uttar Pradesh, Bihar and Punjab as protesters agitated against the dilution of the SC/ST Act.
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