Business

[ad_1] NEW DELHI : Indian airlines with liquidity problems have reopened reservations for domestic flights since May 16, despite the fact that the government has not decided when to lift a flight suspension of more than a month. No-frills airlines GoAir and SpiceJet Ltd have begun accepting reservations for travel …

[ad_1] The Indian Energy Exchange (IEX), the power trading platform, is planning to acquire a 15 per cent stake in the Reliance ADAG-anchored Indian Commodity Exchange (ICEX) for Rs 150 crore, according to people in the know. The sources said talks between the two are in an advanced stage but …

[ad_1] Sequoia has shortlisted 15 startups for the third cohort of the Surge program Out of 15, seven startups have been selected from India Surge is a 15-week startup accelerator program by Sequoia India Venture capital firm Sequoia Capital on Monday (April 27) announced the names of the 15 startups …

[ad_1] IndusInd Bank reported on Monday a 77 percent sequential decrease in net independent earnings by Rs 301.84 crore in the March quarter of fiscal year 20 (Q4FY20), against Rs 1,300.2 crore recorded in the December quarter of the current tax (Q3FY20). On a consolidated basis, the net profit was …

[ad_1] Gold is trading slightly lower shortly after the regular session opening on Monday. The tone in the market is cautious despite a weaker U.S. Dollar, new central bank stimulus and a strong stock market. These could all be signs of topping action. Now we may not see actual selling …

[ad_1] BENGALURU: Five former employees of US-based IT service provider Wipro filed a class action lawsuit against the Bengaluru-based company alleging “discriminatory employment practices” based on race and nationality. The lawsuit was filed last month in the New Jersey District Court. These employees have sought “precautionary, declarative, equitable and monetary …

[ad_1] The UPI-enabled digital payment platform PhonePe has secured $ 28 million in a new round of financing from Flipkart and comes four months after raising Rs 585.66 crore from its Singapore-based portfolio entity. Entrackr had exclusively reported Development in December. Flipkart had also injected $ 56 million into its …

[ad_1] NEW DELHI : How have the Indians been dealing with the blockade in the past few weeks? Are they more anxious than their peers elsewhere? Are they more or less concerned about jobs? To find answers, we, like most Indians on the net, turned to Google. Google Trends data …

[ad_1] MUMBAI : The Shapoorji Pallonji Group, which has been making several efforts to monetize its assets to reduce debt, on Monday said its arm Shapoorji Pallonji Infrastructure Capital has signed an agreement to sell 317 megawatts (MW) of solar assets to private equity firm KKR. The total transaction size …

[ad_1] By Anirban Nag India’s central bank governor Shaktikanta Das underscored the need for fiscal measures to support the economy, saying a slippage in the budget gap target was inevitable amid the coronavirus crisis. The government is working on an economic package to address the impact of the virus, Das …