Business- Page 6

Mumbai : Jet Airways India Ltd.’s lenders invited initial bids to buy as much as 75 percent of the debt-laden carrier, starting a process that will determine the future of India’s oldest

Mumbai : A $2.5 billion spending spree involving more than two dozen deals provides some insight into how Mukesh Ambani is piecing together a strategy to take on Amazon.com Inc. in India.

Bengaluru: The Competition Commi­ssion of India (CCI) approved engineering and construction major Larsen & Toubro’s (L&T’s) proposal to acquire up to 66.15 per cent stake in Mindtree. With this nod, L&T has

New Delhi: Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of one Suzuki Motor Corporation, Japan (SMC) introduced 2019 edition of Intruder. The new Intruder comes in new color scheme – Metallic

New Delhi: Pakistan has opened one of its 11 air routes for West-bound flights from India and airlines such as Air India and Turkish Airlines have started using it, said a senior

Chennai: The insurance regulator has granted special approval for 11 cross-border reinsurers in the current financial year (FY20). However, the IRDAI has placed a ceiling on the share of the total reinsurance

Mumbai : Lenders to companies which are under stress could now have three options to deal with them if they default on loans: take a haircut as part of a one-time settlement,

New Delhi : Ahead of the General Election, global ratings agency Fitch today retained India’s sovereign rating at ‘BBB-’, the lowest investment grade, with stable outlook, saying a weak fiscal position continues

New Delhi: RBI’s decision to lower benchmark interest rate will boost investment and buttress consumer spending amid “growth concerns”, provided banks transmit the reduction, industry bodies said today. The central bank also

New Delhi: The country’s largest car maker Maruti Suzuki India (MSI) cut vehicle production by around 21 percent across its factories in March due to subdued demand. The auto major produced a