DGCA grounds 11 IndiGo & GoAir planes
A320neos with even one Pratt engine featuring a seal found to cause vibrations are no longer allowed to fly, the Directorate General of Civil Aviation said in a statement Monday.…
A320neos with even one Pratt engine featuring a seal found to cause vibrations are no longer allowed to fly, the Directorate General of Civil Aviation said in a statement Monday.…
PNB urged RBI to allow it to spread the losses over four quarters as providing for the entire amount at one go could wipe out 25% of bank’s net worth.…
Apparel and suiting brand Reid & Taylor and its parent company S.Kumars Nationwide are headed for the bankruptcy after defaulting on more than Rs 5,000 crore of loans. Nitin Kasliwal,…
Debt-laden Videocon Industries has put its oil blocks in Brazil for sale, a top company executive said in an interview. The proceeds from the sale will be used to reduce…
International institutional traders have turned cautious concerning the prospects of the Indian fairness market since February following the introduction of long-term capital features tax on fairness in Union Funds 2018,…
Shares of Bharat Heavy Electricals rose 3 percent intraday Friday as company won Rs 11,700 crore order for setting up a 3×800 MW supercritical thermal power plant in Jharkhand. The…
The domestic indices were trading in range on Friday taking cues from their Asian counterparts. Among sectoral indices, the Nifty PSU Bank index was trading lower led by a fall…
The Bharti Airtel board will meet on March 12 to consider raising funds via debt instruments, including bonds, which will help fund its capex plans aimed at bolstering 4G networks…
The Bombay High Court has dismissed Reliance Communications Ltd’s (RCom) plea against an arbitration court order that barred the telecom operator from selling or transferring its assets without the tribunal’s…
Mehul Choksi, the owner of Gitanjali Gems Ltd and the co-accused in the Rs 12,700 crore Punjab National Bank (PNB) scam, has informed the Central Bureau of Investigation (CBI) that…