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  What Air India CEO-MD Campbell Wilson said on increasing airline's fleet

  August 23, 2022 16:22 IST

  Air India new flights: When asked about plans of increasing Air India fleet, its CEO-MD Campbell Wilson said, "We will be commenting on those things in due course... Future of Air India is going to be very bright. It is very exciting, I'm happy to be here but I've no further comments..."

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  Ford confirms to layoff 3,000 staff in US, India: Report

  August 23, 2022 11:18 IST

  The job cuts at Ford are effective September 1, a spokesman said.

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  Rupee falls 4 paise to 79.88 against US dollar in early trade

  August 23, 2022 10:31 IST

  At the interbank foreign exchange, the rupee opened at 79.85 against the dollar, then fell to 79.88, registering a decline of 4 paise over the last close. On Monday, the rupee closed at 79.84 against the dollar.

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  RBI likely to slow down pace of rate hikes, may raise rates by 0.25 pc in Sept: Deutsche Bank

  August 22, 2022 21:30 IST

  RBI rate hike: In a report, the Germany-based bank said the RBI will respond with a slower pace of rate hikes from here, basing the expectation on the recently released minutes of the last meeting of the Monetary Policy Committee (MPC).

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  Sales of luxury homes in Jan-Jun across 7 cities surpass demand in full 2021

  August 22, 2022 17:42 IST

  Anarock data suggests that share of luxury homes in the overall housing sales of 1.84 lakh units across the seven cities rose to 14 per cent during the first six months of 2022.

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  Markets fall for 2nd day; Sensex, Nifty down over 1 pc

  August 22, 2022 16:22 IST

  From the Sensex pack, Tata Steel, Asian Paints, Larsen & Toubro, Wipro, UltraTech Cement, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Kotak Mahindra Bank and Axis Bank were the major laggards.

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  UPI to remain free, govt won't levy any charges for services: Finance Ministry

  August 21, 2022 21:36 IST

  UPI to remain free: In a tweet, the finance ministry said: "UPI is a digital public good with immense convenience for the public and productivity gains for the economy. There is no consideration in Govt to levy any charges for UPI services."

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  Anti-competitive practices: Apple, Google, Netflix, Amazon India execs to depose before Parl panel

  August 21, 2022 17:54 IST

  The CCI is already probing various cases, especially in the digital space, following complaints of unfair business practices.

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  Paytm shareholders approve re-appointment of Vijay Shekhar Sharma as MD & CEO

  August 21, 2022 17:33 IST

  According to the scrutinizer report, 99.67 per cent votes were in favour of Sharma's re-appointment while only 0.33 per cent voted against the resolution.

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  Xiaomi cuts over 900 jobs amid global downturn: Report

  August 20, 2022 22:19 IST

  As of June 30, 2022, the company had 32,869 full-time employees, 30,110 of whom were based in mainland China, primarily at its headquarters in Beijing, with the rest primarily based in India and Indonesia.

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  IRCTC plans to sell user data, seeks Rs 1,000 crore in revenue, floats tender

  August 19, 2022 17:03 IST

  IRCTC Data Monetisation Tender: IRCTC wishes to engage a consulting firm to help in identification, design, and development and roll-out of data monetisation opportunities, it said in the tender.

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  Rupee falls 20 paise to close at 79.84 against US dollar

  August 19, 2022 16:29 IST

  Rupee vs Dollar: At the interbank foreign exchange market, the local currency opened at 79.75 and moved in a range of 79.73 to 79.84 during the day. It finally ended at 79.84 against the American currency, down 20 paise over its previous close of 79.64.

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  Sensex falls over 650 points to settle at 59,646; Nifty at 17,700

  August 19, 2022 16:17 IST

  The 30-share BSE Sensex, which had started the trade on a firm note, later gave up all the early gains and ended 651.85 points or 1.08 per cent lower at 59,646.15. The broader NSE Nifty fell 198.05 points or 1.10 per cent to settle at 17,758.45.

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  Gold imports up 6.4 pc to USD 13 billion in April-July this fiscal

  August 19, 2022 12:21 IST

  The gems and jewellery exports during the first four months of the current fiscal grew by about 7 per cent to USD 13.5 billion.

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  Rupee falls 19 paise to close at 79.64 against US dollar

  August 18, 2022 16:36 IST

  Rupee falls: At the interbank foreign exchange market, the local currency opened at 79.60 and moved in a range of 79.60 to 79.71 during the day. It finally ended at 79.64 against the greenback, down 19 paise over its previous close.

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  Rupee falls 23 paise to 79.68 against US dollar in early trade

  August 18, 2022 10:54 IST

  The rupee depreciated 23 paise to 79.68 against the US dollar in opening trade on Thursday.

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  Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business

  August 18, 2022 10:54 IST

  This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment.

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  Gautam Adani to address Forbes Global CEO Conference in Singapore

  August 17, 2022 16:52 IST

  Some 400 leading CEOs, entrepreneurs and investors are expected to convene at the 20th Forbes Global CEO Conference.

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  Union Cabinet enhances ECLGS corpus by Rs 50,000 crore to Rs 5 lakh crore

  August 17, 2022 16:39 IST

  In the 2022-23 Union Budget, there was a proposal for raising the limit of ECLGS from Rs 4.5 lakh to Rs 5 lakh crore to help hospitality sector hit by the coronavirus pandemic.

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  Sensex settles above 60,000 mark; logs 4th day of gains

  August 17, 2022 16:18 IST

  The 30-share BSE index jumped 417.92 points or 0.70 per cent to settle at 60,260.13. During the day, it climbed 481.04 points to 60,323.25.

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  Airtel pays Rs 8,312.4 cr to DoT to clear 4-yr instalment in advance for 5G spectrum

  August 17, 2022 12:46 IST

  The country's biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore worth of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with Rs 87,946.93 crore bid.

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  Sensex crosses 60,000 mark in early trade; Nifty above 17,873 level

  August 17, 2022 10:55 IST

  Foreign Institutional Investors (FIIs) were net buyers in the Indian capital market as they bought shares worth Rs 1,376.84 crore on Tuesday, according to exchange data.

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  Apple threatens to sack employee over viral TikTok video: Report

  August 16, 2022 22:02 IST

  According to a report in The Verge, Apple employee Paris Campbell said she was told that she breached the company "policy by identifying herself as an Apple employee and posting about Apple-related topics".

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  Why restaurants should recover service charges from consumers as 'separate levy', asks Delhi HC

  August 16, 2022 15:08 IST

  The high court was hearing an appeal by the Centre against a single judge's order staying its guidelines prohibiting hotels and restaurants from levying service charges automatically on food bills. It listed the matter for hearing on August 18.

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  Amul, Mother Dairy milk variants to be costlier by Rs 2 per litre

  August 17, 2022 6:58 IST

  Amul, Mother Dairy milk price rise: In March, Mother Dairy increased milk prices by Rs 2 per litre in the Delhi-NCR (National Capital Region).

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  WPI inflation eases to 13.93 per cent in July

  August 16, 2022 13:26 IST

  To tame stubbornly high inflation, the RBI has hiked the key interest rate three times this year to 5.40 per cent.

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  SpiceJet enters into settlement agreement with aircraft lessor Goshawk Aviation, affiliates

  August 16, 2022 11:48 IST

  SpiceJet said the settlement will allow the entry into service of two more fuel-efficient Boeing 737 MAX aircraft into the SpiceJet fleet.

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  Adani Logistics to acquire ICD Tumb from Navkar Corp for Rs 835 cr

  August 16, 2022 11:17 IST

  Strategically located, Tumb serves both Hazira port and Nhava Sheva port along the Western DFC surrounded by industrial units of Gujarat Industrial Development Corporation (GIDC) and Maharashtra Industrial Development Corporation (MIDC).