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Spares shortage rocks Air India

Air India has slipped in its payments to key spare parts vendors, prompting many to stop supplies to the ailing airline.
Jayanta Roy Chowdhury Aug 20, 2018 00:00 IST

DoT bar on StanChart

The telecom department has blacklisted bank guarantees issued by Standard Chartered after the bank failed to invoke one that was issued for Aircel Group.
PTI Aug 20, 2018 00:00 IST

Choksi firm stares at ban

Leading exchanges BSE and the NSE will suspend trading in the shares of as many as nine firms, including banking fraud-accused Mehul Choksi's Gitanjali Gems, from September 10 for not complying with listing norms pertaining to the submission of financial results.
PTI Aug 20, 2018 00:00 IST

Glenmark pill to tackle debt

The recent steps taken by Glenmark Pharmaceuticals Ltd are expected to improve its financial flexibility amid concerns over current debt levels.
Our Special Correspondent Aug 20, 2018 00:00 IST

Vedanta invests big in oil

Vedanta Ltd has said it will be investing $2.3 billion towards capex in its oil and gas activities in the "near term" to increase the reserve base by around 375 million barrels.
PTI Aug 20, 2018 00:00 IST

Study on optimum use of green energy

The Central Electricity Authority (CEA) is working on a study to determine the ideal mix of energy generation capacity from different sources - both conventional and renewable - by 2030.
A Staff Reporter Aug 20, 2018 00:00 IST

Rupee deals crude blow to CAD

Analysts expect India's current account deficit to widen in the current fiscal because of the spike in crude oil prices under the impact of the rupee's depreciation.
PTI Aug 20, 2018 00:00 IST

Mutual strategy

Most investors are not able to build a successful strategy when it comes to mutual fund investing. This is because investors fall prey to randomly investing in the market without a proper plan.
Aug 20, 2018 00:00 IST

Sale of property

• I bought a flat in 1999 for Rs 6 lakh. I sold the flat in August 2018 for Rs 35 lakh. My question is whether I have to invest in a new residential property in financial year 2018-19 or within next financial year 2019-20. Is there any other option to save capital gains?
Aug 20, 2018 00:00 IST

Jana Small Finance Bank celebrated its third Jana Diwas

Jana Small Finance Bank celebrated its third Jana Diwas, recognizing its customers' success in achieving financial independence and becoming a force in fostering financial inclusion.
Aug 20, 2018 11:31 IST

Infosys CFO Ranganath quits

The chief financial officer of Infosys has tendered his resignation in a surprise move that industry watchers say raises questions about the stability at the country's second largest IT services firm.
Our Special Correspondent Aug 19, 2018 00:00 IST

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