Business
SAAB Picks Adani as Partner For India Fighter Jets Contract: Consultant
The SAAB-Adani partnership will compete with US defence giant Lockheed Martin in a two horse-race to equip the Indian Air Force with single-engine jets to be produced locally under Prime Minister Narendra Modi's "Make-in-India" initiative.
Fallout of Demonetisation on Predicted Lines, Says Arun Jaitley
A day after the Reserve Bank said that almost all of the demonetised currency came back into the system, Arun Jaitley said the fact that money got deposited in banks does not mean that all of it is legitimate money.
Rupee Weakens 5 Paise Against Dollar in Early Trade
The US dollar advanced against the euro and yen after strong US growth data fuelled speculations that the Federal Reserve could consider hiking interest rate for a third time this year.
Infosys to Invest Rs 100 Crore in West Bengal Sans SEZ Status
West Bengal Chief Minister Mamata Banerjee on Tuesday told reporters at Nabanna that Infosys Ais is coming to Bengal without the SEZ status.
Lockheed Martin Offers to Export F-16 Jets From Proposed India Facility
Lockheed Martin has picked Tata Advanced Systems as its local partner, while Sweden's Saab has not yet announced its Indian collaborator to produce the Gripen E aircraft that it has offered to the India Air Force.
Petrol Price up by Rs 6/Litre Since July; Diesel Rs 3.67
Diesel price has increased by Rs 3.67 a litre and now costs Rs 57.03 a litre in Delhi, the highest in four months, according to data from state-owned oil companies.
PSU Banks Take Recovery Action Against 5,954 Wilful Defaulters
India's largest lender State Bank of India has taken action against 1,444 such defaulters with an outstanding loan of Rs 20,943 crore.
RBI Launches Rs 200 Note, Promises to Ramp up Supply
Long queues of people were witnessed at RBI offices to get the new Rs 200 currency note that has been introduced for the first time by the central bank.
Rupee Swings Back to 2-Week High of 64.04, Gains 8 Paise Against Dollar
Meanwhile, foreign portfolio investors continued to remain net sellers in equity markets as they sold shares worth Rs 696 crore on net basis on Thursday, provisional exchange data showed.
SpiceJet Says Excess Baggage Fee Needed to Keep Fare Lucrative
The Gurgaon-based airline also said that it would expand its services on new as well as existing domestic and international routes when the company would start getting delivery of new planes from Boeing and Bombardier.
Layman's Guide to Decode Real-estate Terminology
Being unaware of Real-Estate terminology can catch a home-buyer on the wrong foot by being befooled by the builder.
MBA and Engineering Losing their Grip on People Over Time
The IIMs and other top B-schools might still have their aura however the other B-schools have lost their charm. Today, one can find at least 1 B-school rather an institution offering the degree of MBA in every 20kms radius in small villages and towns whic...
Cochin Shipyard Shares List With Nearly 2 Percent Premium
The stock debuted at Rs 435, up 0.69 percent from its issue price on BSE. On NSE, shares of the company listed at Rs 440.15, a gain of 1.88 percent from the issue price.
Direct Tax Collection up 19% in April-July at Rs 1.90 Lakh Crore
Collections of direct taxes, which are made up of personal and corporate taxes, soared to Rs 1.90 lakh crore in April-July, an official statement said here.
48 Out of 331 Suspected Shell Companies Listed on NSE
The National Stock Exchange on Wednesday said it has starting collecting information about the 48 firms, that are listed on its platform. Out of the 48 firms, ten entities had already been suspended.
BHEL Made Inadequate Efforts to Improve Performance: CAG
The CAG recommended that BHEL needs to develop its own products that excel over competitors through R&D initiatives and expeditious efforts should also be made to forge technological tie ups in new business areas.
