Sri Lanka may need more IMF help as blasts threaten tourism
The IMF extended last month a $1.5 billion loan for an extra year into 2020, a key step in keeping foreign investors involved in what so far this year has been a top-performing frontier debt…
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Jet Airways shares halt three-day slide; zoom nearly 10%
The scrip jumped 9.90 per cent to close at Rs 169.90 on the BSE. During the day, it zoomed 12.19 per cent to Rs 173.45.
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Markets end in red, Sensex sheds 80 points to close at 38,564.88
The benchmark BSE Sensex rebounded over 180 points in early trade Tuesday led by gains in index heavyweights, amid unabated foreign fund inflow.
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Oil prices hit highest since November as US to tighten Iran sanctions
Despite the move, spare capacity from other suppliers such as Saudi Arabia might be able to ensure oil markets cope with a cut in Iranian exports.
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World stocks splutter as oil races to near six-month high
News that the US had told buyers of Iranian oil to stop purchases by May 1 or face sanctions pushed Brent towards $75 a barrel and made for a lively return from the four-day Easter break for…
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PepsiCo results beat Wall Street estimates as new CEO's ad push lifts sales
Shares of PepsiCo hit a record high of $125.92 in morning trading after the company said its core sales grew at the fastest pace in more than three years.
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Modi says traders to get 50-lakh loan without collateral, credit card, pension if NDA re-elected
Modi said while his government has stood by traders in thick and thin, the opposition Congress has abused businessmen by calling all of them 'chor' (thieves).
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Uber's self-driving unit valued at $7.25 billion in new investment
Uber said on Thursday that the investment values its Advanced Technologies Group, which works to develop autonomous driving technology, at $7.25 billion.
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Jet Airways crisis seeps into allied business
The freight rates on an average used to vary between 75 to 80 rupees per kg. But now they have risen to an excess of 100 rupees per kg.
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India still not power-surplus nation, says Central Electricity Authority data
In its load generation balancing report (LGBR) for 2018-19, the Central Electricity Authority (CEA) had pegged overall energy and peak power surpluses at 4.6 per cent and 2.5 per cent,…
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Uber lands $1 billion from SoftBank, Toyota for self-driving unit
Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving…
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Mukesh Ambani's Reliance Industries posts over Rs 10,000 crore Q4 net profit
RIL's Q4 net profit rose 9.8 per cent year-on-year, helped in part by its retail businesses.
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After shutting operation, Jet Airways shares sink over 32%
The scrip tanked 32.23 per cent to close at Rs 163.90 on the BSE. Intra-day, it plunged 34.62 per cent to Rs 158.10 -- 52-week low.
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Sensex, Nifty fall as Jet Airways stocks bleed
Jet Airways' shares had nosedived 34 per cent to its lowest in 10 years after it halted all flight operations indefinitely on Wednesday.
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Jet Airways employees seek PM Modi's intervention amid crisis
India's civil aviation regulator has asked Jet Airways to submit a "concrete and credible revival plan" to restart operations suspended by the debt-laden airline.
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