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Business / Business Today

Airline operations pick up pace, 692 domestic flights take off on Monday: Hardeep Singh Puri

ndian carriers operated a total of 4,062 flights till June 1 -- 428 on May 25, 445 on May 26, 460 on May 27, 494 on May 28, 513 on May 29, 529 on May 30, 501 on May 31 and 692 on June 1

2 Jun 2020 5:42 pm
McDonald's braces up to restart dine-in, delivery, take-out services amid Lockdown 5.0

Westlife Development, the company that owns and operates McDonald's restaurants in West and South India, said that the brand implemented a stringent 42-point checklist to ensure safety and hygiene across all its services

2 Jun 2020 5:16 pm
Nisarga Cyclone Tracker: Path, weather forecast, FAQs, landfall date in Mumbai, Gujarat

Cyclone Nisarga Route: Nisagra Cyclone is likely to intensify into a Cyclonic Storm in the next six hours and into a Severe Cyclonic Storm in 12 hours causing heavy damage in Gujarat, Maharashtra and areas of Goa

2 Jun 2020 5:14 pm
Infosys CEO Salil Parekh's pay package increases to Rs 34.27 crore in FY20

The company's annual report for 2019-20 showed that his compensation included Rs 16.85 crore in salary, Rs 17.04 crore in stock options and Rs 38 lakh

2 Jun 2020 5:13 pm
Strides Pharma stock gains over 5% on USFDA nod for generic ointment

Following the update, Strides Pharma Science stock touched an intraday high of Rs 421, rising 5.36% against the last closing value of Rs 399.60 on BSE

2 Jun 2020 5:09 pm
'Modifications in National Pension Scheme financially untenable,' says Finance Ministry

The investments under NPS are very well diversified, the ministry said, which was responding to the reference made to it by the Ministry of Personnel, Public Grievances and Pensions seeking its comments

2 Jun 2020 4:58 pm
Unlock 1.0: Retailers see tepid demand as do's and don'ts play spoilsport

As if dealing with varied set of rules and regulations was not enough, stores in Tamil Nadu are not allowed to use air-conditioners

2 Jun 2020 4:36 pm
IndiGo reports net loss of Rs 244 crore in FY20, revenue up 25.5%

IndiGo's revenue from operations stood at Rs 35,756 crore, an increase of 25.5 per cent compared to the last year against a capacity increase of 18.8 per cent during the year

2 Jun 2020 4:31 pm
Bihar govt distributes condoms among migrant labourers to prevent unwanted pregnancies

Health coordinators are distributing two packets of condoms at quarantine centres, while ASHA workers have been handing them out during door-to-door while screening people in home quarantine

2 Jun 2020 4:24 pm
Coronavirus impact: 94% Indians to be extra-careful while spending; 70% to spend less on luxury items

Coronavirus crisis: As many as 90 per cent respondents are concerned about their savings and financial future, and nearly 72 per cent said they would opt for a personal loan in the immediate future to meet high-priority expenses

2 Jun 2020 4:18 pm
SBI comes to rescue! Coronavirus-hit MSMEs to get loans in 5 days

SBI's SME Business Unit to local head offices comes as a reassurance for struggling firms which fear banks could take a long time in processing their applications

2 Jun 2020 4:17 pm
Adesh Kumar Gupta replaces Manoj Tiwari as Delhi BJP President

The BJP national president JP Nadda has appointed Adesh Kumar Gupta as the new state president of BJP Delhi

2 Jun 2020 4:13 pm
Coronavirus curve will not flatten in India if testing not increased: Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw expressed her anxiousness over the community spread in India. She said that several migrants who have gone back home could be asymptomatic

2 Jun 2020 4:10 pm
Coronavirus lockdown: Suzuki Motorcycle launches online sales, service platform

With our online sales solution, we look forward to bring in positivity in two-wheeler segment and the overall industry post COVID-19, SMIPL Managing Director Koichiro Hirao said

2 Jun 2020 4:00 pm
Nissan launches Datsun redi-Go's new version in India for Rs 2.83 lakh

The entry level car is also equipped with features such as L-shaped day time running lights (DRLs), LED fog lamps, 14-inch wheels with pentablade dual tone wheel cover, LED signature tail-lamps and door trim with fabric, it added

2 Jun 2020 3:46 pm
Britannia Industries share price hits all-time high ahead of Q4 results

Share price of Britannia opened at Rs 3,449 and later gained 1.2% to the fresh 52-week high of Rs 3,479.55 on BSE against the last closing value of Rs 3,435.75

2 Jun 2020 3:36 pm
Why stock, bond markets shrugged off Moody's downgrade

Moody's has downgraded the country's credit rating to Baa3 from Baa, just above the junk grade, with a negative outlook. With this, its rating is now consistent with other ratings agencies such as Fitch and Standard and Poor's

2 Jun 2020 3:33 pm
Unlock 1.0: Tata Motors resumes operations across all manufacturing plants in India

From supply side, 90 per cent of suppliers in commercial vehicle segment have received permissions to commence, Tata Motors said

2 Jun 2020 3:30 pm
Despite high unemployment rate of 23.5% in May, India added 21 million jobs, says CMIE

Pointing out towards the share of small traders and wage workers in the total share of 21 million, the CMIE report underlined that of the 21 million jobs added in May, 14.4 million were of small traders and wage labourers, a massive increase of 39%

2 Jun 2020 3:16 pm
Virgin Australia administrator selects Bain, Cyrus as final bidders

Virgin owed nearly A$7 billion ($4.76 billion) to creditors when it entered voluntary administration in April with its long-running financial struggles exacerbated by the coronavirus pandemic

2 Jun 2020 3:15 pm
Trading hours for agricultural commodities revised to 9 am-9 pm

The bourse had reduced the agriculture commodity trade timing to 5 pm after the breakout of coronavirus pandemic

2 Jun 2020 3:09 pm
Coronavirus crisis: Delhi govt releases app to track empty hospital beds, ventilators

Delhi govt launches coronavirus app: Chief Minister Kejriwal acknowledged that there is an information gap. People have told the government that they could not find any bed in the hospitals, he said

2 Jun 2020 2:53 pm
Coronavirus lockdown: Lawyers' association urges SC to resume physical court hearings from July

In the letter, the SCAORA has mentioned about the feedback received from the members of Bar which included the problems with audio and video quality of the hearing which results in the lawyers not being able to effectively put forth their arguments

2 Jun 2020 2:47 pm
PM Modi's approval ratings over 65%; Naveen Patnaik most popular CM with 82.96% approval

Across the country, more than half of the respondents -- 58.36 per cent -- were very satisfied with PM Modi's performance. However, 16.71 per cent said that they were not at all satisfied

2 Jun 2020 2:38 pm
George Floyd protests: Curfew imposed across NYC as protestors ransack Manhattan

Governor Cuomo said that the curfew was imposed is to help separate the overwhelming majority of peaceful protesters from people who are looking to exploit the moment by looting.

2 Jun 2020 2:31 pm
Drug regulator approves emergency use of remdesivir to treat coronavirus patients

Remdesivir is the first drug to show improvement in COVID-19 patients in formal clinical trials

2 Jun 2020 2:21 pm
Tata Power acquires 51% stake in Odisha's TPCODL; stock jumps 7%

Tata Power will hold 51 per cent equity with management control in TPCODL and the state-owned Grid Corporation of Odisha (GRIDCO) will hold balance 49 per cent equity stake

2 Jun 2020 2:15 pm
All India Kisan Sabha dismisses Centre's kharif crop MSP claim, calls it window-dressing

The AIKS has accused the government of making misleading claims that revised price will ensure a return over the cost of production by 50% to as high as 83% in some crops

2 Jun 2020 2:10 pm
InterGlobe Aviation share price trading flat ahead of Q4 earnings

The stock price of InterGlobe Aviation opened at Rs 950 and later touched an intraday high of Rs 963.70 on BSE, gaining 1.06% against last closing value of Rs 953.50.

2 Jun 2020 2:09 pm
Delhi coronavirus cases: 13 people test COVID-19 positive at Delhi LG's office

The first coronavirus case was detected at the extended branch of LG's office after which 13 people were confirmed to be COVID-19 positive

2 Jun 2020 1:58 pm
Bajaj Auto share price rises despite 70% fall in May sales

Share price of Bajaj Auto gained 2.06% to Rs 2813 compared to the previous close of Rs 2,757 on BSE

2 Jun 2020 1:47 pm
Penumbral lunar eclipse on June 5: Check how to watch, significance, timings

Penumbral lunar eclipse 2020: This will be the second penumbral lunar eclipse of 2020. The first one occurred from January 10 to January 11. There will be a total of four penumbral lunar eclipses this year

2 Jun 2020 1:29 pm
JAC 9th Board Result 2020: Jharkhand board may release results today on; check details

Earlier, the JAC result was to be declared in March but it got delayed due to the coronavirus-induced nationwide lockdown

2 Jun 2020 1:28 pm
Vande Bharat Mission phase 3: Air India to operate 70 flights to bring back Indians from US, Canada

Air India brought 3,891 people from Dubai, Kuwait, Abu Dhabi, Muscat, Bahrain, Salalah, Moscow, Kiev, Madrid, Tokyo, Dhaka, Bishkek, Almaty, Riyadh and Dammam on June 1

2 Jun 2020 1:19 pm
IMD issues red alert over Cyclone Nisarga; heavy damage expected in Mumbai

The weather department has requested fishermen to not travel into the Arabian Sea, Lakshadweep area and along and off Kerala coast during next two days

2 Jun 2020 1:15 pm
Sensex shrugs off Moody's downgrade, gains 500 points

While Sensex gained 485 points to 33,788, Nifty rose 138 points to 9,964 intra day

2 Jun 2020 1:09 pm
Cyclone Nisarga threat to Maharashtra, Gujarat: All you need to know

Cyclone Nisarga updates: According to the Ministry of Earth and Sciences, the speed of the wind will increase to 110-110 kmph gusting to 120 kmph over Maharashtra (Mumbai, Raigad, Palgarh and Thane districts) on June 3

2 Jun 2020 1:07 pm
Uday Kotak ends long standoff with RBI; sells 2.8% stake in Kotak Mahindra Bank

The price band for Kotak Mahindra Bank's share sale has been fixed at Rs 1,215 to Rs 1,240 a piece. The sale would fetch Rs 6,804 crore at the lower end of the price band and Rs 6,944 crore at the upper-end

2 Jun 2020 1:02 pm
Modi Speech at CII: Here's what PM thinks about recent govt reforms

PM Modi talks about 'five Is' -- Intent, Inclusion, Investment, Infrastructure and Innovation -- that are important to speed up India's development and make it 'Atma Nirbhar' (self-reliant)

2 Jun 2020 12:36 pm
Coronavirus impact: Bajaj Auto sales decline 70% in May, two-wheelers hardest hit

Bajaj Auto said its total exports last month declined by 53 per cent to 87,054 units as compared to 1,83,411 units in same period of last year

2 Jun 2020 12:30 pm
'Getting growth back not so difficult,' says PM Modi at CII annual session

PM Modi speect at CII: He urged the industry to step up in their responsibilities and roles in the post coronavirus economy. The industry must ensure that India has a robust supply chain to cement its place in the global supply chain, said the PM

2 Jun 2020 12:28 pm
Coronavirus crisis: China sat on COVID-19 info for more than two weeks, says report

Although WHO continued to publicly commend China, the recordings obtained by the AP show they were concerned China was not sharing enough information to assess the risk posed by the new virus, costing the world valuable time

2 Jun 2020 12:21 pm
New scheme to boost bulk drug, medical device manufacturing; reduce dependency on China

Bulk drugs and intermediates that will be covered under the scheme are meant to produce vitamins, anti-TB drugs, anti-infectives, antibiotics, steroids, etc

2 Jun 2020 12:00 pm
Coronavirus pandemic: Amit Shah to address people of West Bengal via video rally on June 8

According to state BJP sources, during virtual rallies, the state BJP would highlight the state's TMC government's mishandling of the dual crisis of COVID pandemic and Cyclone Amphan

2 Jun 2020 11:57 am
Rupee vs Dollar: Rupee slips 6 paise to 75.60 amid strong dollar, rise in oil prices

Forex traders said, while firm start of the equity market and foreign fund inflows supported the rupee, factors like strong dollar, US-China tensions and Moody's downgrade of India's sovereign credit rating dragged down the local unit

2 Jun 2020 11:56 am