Grounding of aircraft has cost Air India dearly but frequent breakdowns of its flights in foreign cities such as Paris, Chicago and Tel Aviv has taken a heavy toll on the airline's precarious finances in recent months.
Global card payments group Visa is critical of the Indian government’s decision to boost adoption of electronic payments by requiring banks and card payment networks to offer no-fee debit card transactions, a senior Visa executive said.
Multi-billionaire tech mogul Elon Musk has relaunched Tesla's solar panel services, claiming that it could save a user about $500 a year.
Country's largest lender State Bank of India on Sunday said that it is extending the repayment period for stressed automobile dealers by 15-30 days to help them out of current inventory builds-ups due to the slowdown in the sector and in economy.
Amid global growth concerns and heightened trade tensions between the US and China, gold prices might cross the Rs 40,000 mark by Diwali, analysts have said.
Gold prices have hit a record high amid a rush for safe haven assets owing to the fears of a recession. Goehring & Rozencwajg, a research firm which focuses on investments in natural resources, says the great gold bull market has begun.
As gold prices have been soaring for some time now, experts feel the yellow metal will stay higher in comparison to the oil prices for a prolonged period.
Diversified energy major ONGC is investing around Rs 83,000 crore in 25 major projects. "15 of these projects are under execution and will directly contribute to oil and gas production," said ONGC Chairman and Managing Director (CMD) Shashi Shanker on Thursday.
India's merchandise exports rose 2.25 per cent in July on a year-on-year basis to $26.33 billion from $25.75 billion reported for the corresponding month of the previous year.
China's Lenovo led India's tablet PC market in the second quarter (Q2) of 2019, even as the tablets market witnessed a 20 per cent decline during this quarter compared to same time period a year ago, a new report by CyberMedia Research said.
Coffee Day Enterprises Ltd said on Wednesday it planned to sell a tech park it owned in the southern Indian city of Bengaluru to Blackstone for up to Rs 30 billion ($421 million), in an effort to cut debt.
Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years and will hire dozens of bankers in Hong Kong and Singapore towards that goal, a senior executive of the lender said.
CBS and Viacom announced a merger agreement that will reunite the two companies, which previously merged but then separated in 2006, and create a single entity to be called ViacomCBS, with its yearly revenue estimated at some US $28 billion.
Demand for safe haven assets amid uncertain global business environment took the gold price to fresh highs on Tuesday.
Indiabulls Housing Finance stocks surged 14 per cent on the NSE on Tuesday after the law firm Managium Juris tendered a public apology for an earlier false suit alleging that Indiabulls was involved in fraud.