Business

The shares have plunged as Kingfisher Airlines has declared a partial lock-out, suspending flight operations till Thursday.

The Sensex was up 183.24 points or 0.99 per cent at 18762.74. About 1620 shares were advanced, 1227 shares declined, and 606 shares unchanged.

According to lenders, Mallya did not offer any concrete revival plan as he could not commit on equity infusion by promoters.

A PIL in the Supreme Court alleges that UK Sinha suppressed facts about receiving remuneration from UTI-AMC.

There were speculations AirAsia could be the 1st overseas carrier to take advantage of India's new FDI policy.

The Income Tax department has sought over Rs 11,000 crore from Vodafone for acquiring Hutchison stake in Hutchison-Essar in 2007.

The airline would get the delivery of two more Dreamliners within the next few weeks.

The economic growth rate in 2011-12, the terminal year of 11th Plan, slipped to nine-year low of 6.5 per cent.

Kingfisher Airlines is now operating at around 75 flights, down from its peak of over 340 flights a day.

Home loan rate has been reduced by 0.25 per cent and car loan rate by 0.5 per cent effective from Monday.

Reliance Industries, ICICI Bank and Tata Motors pulled the 30-share index down.

For the last four quarters, growth dropped to a three-year low pf 6.5 per cent against 7.8 per cent the previous four quarters.

Market regulator Sebi on Monday announced no-frills or basic trading accounts for retail individual investors.

India has eased overseas borrowing rules, including allowing non-resident entities to provide some guarantees for external borrowings.

Jack Palmer, an Infosys employee in the United States, said he suffered retaliation from the company after accusing it of misusing US B1 visas.

ONGC Videsh Limited (OVL) is eyeing stake in Russia's ambitious Arctic Ocean oil and gas projects.