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GVK signs pact with ADIA, NIIF to offer 49 % stake in Airport arm

In a filing with BSE, the city-based infra major said the transaction is subject to conclusion of confirmatory due diligence by ADIA and NIIF, agreement on definitive documents and satisfaction of customary closing conditions including regulatory and third pa
Moneycontrol Business News

GVK signs pact with ADIA, NIIF to offer 49 % stake in Airport arm

In a filing with BSE, the city-based infra major said the transaction is subject to conclusion of confirmatory due diligence by ADIA and NIIF, agreement on definitive documents and satisfaction of customary closing conditions including regulatory and third party approvals and lender consents.

Air India offers special fares to Jet Airways stranded international passengers

Passengers holding confirmed RT tickets on Jet Airways will be allowed to avail special stranded passenger fares from the destinations common with Air India, it said.
Moneycontrol Business News

Air India offers special fares to Jet Airways stranded international passengers

Passengers holding confirmed RT tickets on Jet Airways will be allowed to avail special stranded passenger fares from the destinations common with Air India, it said.

I-T dept proposes new norms for taxing MNCs in India

The CBDT committee report has proposed that sales, employees (manpower and wages) and assets in India of a multinational corporations (MNCs) should be taken into account for determining domestic tax liability.
Moneycontrol Business News

I-T dept proposes new norms for taxing MNCs in India

The CBDT committee report has proposed that sales, employees (manpower and wages) and assets in India of a multinational corporations (MNCs) should be taken into account for determining domestic tax liability.

Competition Commission clears Future Coupons#39; 7.30% stake buy in Future Retail

According to a notice filed with CCI, the proposed combination relates to the allotment of 3.96 crore equity warrants of Future Retail to FCL, priced at Rs 505 apiece aggregating to over Rs 2,000 crore.
Moneycontrol Business News

Competition Commission clears Future Coupons#39; 7.30% stake buy in Future Retail

According to a notice filed with CCI, the proposed combination relates to the allotment of 3.96 crore equity warrants of Future Retail to FCL, priced at Rs 505 apiece aggregating to over Rs 2,000 crore.

Govt to allocate 440 vacant Jet Airways#39; slots to other airlines

Civil Aviation Secretary Pradeep Singh Kharola on April 18 said the 440 slots vacated by Jet Airways at Delhi and Mumbai airports would be allocated to other airlines on an interim basis through a #39;rational, fair and equitable#39; manner.
Moneycontrol Business News

Govt to allocate 440 vacant Jet Airways#39; slots to other airlines

Civil Aviation Secretary Pradeep Singh Kharola on April 18 said the 440 slots vacated by Jet Airways at Delhi and Mumbai airports would be allocated to other airlines on an interim basis through a #39;rational, fair and equitable#39; manner.

Steel consumption rises in India after GST amendment

Seshagiri Rao, joint managing director and group CFO, JSW Steel said the Indian steel industry has created 27 million tonnes of incremental capacity, resulting in an average of 5-6 million tonnes of incremental capacity.
Moneycontrol Business News

Steel consumption rises in India after GST amendment

Seshagiri Rao, joint managing director and group CFO, JSW Steel said the Indian steel industry has created 27 million tonnes of incremental capacity, resulting in an average of 5-6 million tonnes of incremental capacity.

Reliance Retail Q4 revenue up 51.6% YoY; company now biggest Indian retailer with 10,000 stores

As of March 31, Reliance Retail also operates more than 8,000 Digital and Jio Stores put together.
Moneycontrol Business News

Reliance Retail Q4 revenue up 51.6% YoY; company now biggest Indian retailer with 10,000 stores

As of March 31, Reliance Retail also operates more than 8,000 Digital and Jio Stores put together.

US retail sales, jobless claims data brighten economic outlook

The economy#39;s enduring strength was underscored by other data on April 18 showing the number of Americans filing applications for unemployment benefits dropped to the lowest in nearly 50 years last week.
Moneycontrol Business News

US retail sales, jobless claims data brighten economic outlook

The economy#39;s enduring strength was underscored by other data on April 18 showing the number of Americans filing applications for unemployment benefits dropped to the lowest in nearly 50 years last week.

Asia Rice: India rates dip as demand slows, Bangladesh to review export ban

The country#39;s rice exports for April-February dropped 9.4 percent from a year earlier to 10.57 million tonnes, as leading buyer Bangladesh trimmed its purchases due to a bumper local harvest, a government body said.
Moneycontrol Business News

Asia Rice: India rates dip as demand slows, Bangladesh to review export ban

The country#39;s rice exports for April-February dropped 9.4 percent from a year earlier to 10.57 million tonnes, as leading buyer Bangladesh trimmed its purchases due to a bumper local harvest, a government body said.

Sebi slaps Rs 1 crore fine on 11 entities for manipulative trade

The regulator had conducted investigation from August 2013 to June 2014 regarding the trading in the scrips of Emed.com Technologies.
Moneycontrol Business News

Sebi slaps Rs 1 crore fine on 11 entities for manipulative trade

The regulator had conducted investigation from August 2013 to June 2014 regarding the trading in the scrips of Emed.com Technologies.

The Market Podcast | Only handful of stocks will rally until poll results are declared

Tune in to The Market Podcast to find out what happened in the market this past week, the key business events and what investors should track next week.
Moneycontrol Business News

The Market Podcast | Only handful of stocks will rally until poll results are declared

Tune in to The Market Podcast to find out what happened in the market this past week, the key business events and what investors should track next week.

RBI proposes to allow fintech start-ups to test regulatory sandbox

A regulatory sandbox (RS) usually refers to live-testing of new products or services in a controlled and test regulatory environment for which regulators may or may not permit certain regulatory relaxations for the limited purpose of the testing.
Moneycontrol Business News

RBI proposes to allow fintech start-ups to test regulatory sandbox

A regulatory sandbox (RS) usually refers to live-testing of new products or services in a controlled and test regulatory environment for which regulators may or may not permit certain regulatory relaxations for the limited purpose of the testing.

Your travel insurance policy will not cover Jet Airways#39; flight cancellations

Though Jet Airways has suspended operations temporarily, a travel insurance product will not cover losses
Moneycontrol Business News

Your travel insurance policy will not cover Jet Airways#39; flight cancellations

Though Jet Airways has suspended operations temporarily, a travel insurance product will not cover losses

Facebook says it uploaded email contacts of up to 15 lakh users

In March, Facebook had stopped offering email password verification as an option for people who signed up for the first time, the company said.
Moneycontrol Business News

Facebook says it uploaded email contacts of up to 15 lakh users

In March, Facebook had stopped offering email password verification as an option for people who signed up for the first time, the company said.

Jet Airways employees seek Prime Minster#39;s intervention to solve their woes

All India Jet Airways Officers amp; Staff Association (AIJAOSA), that’s representing the employees of beleaguered Jet Airways wrote a letter seeking the intervention of Prime Minister Narendra Modi, to resolve the ensuing crisis at the debt-laden airline
Moneycontrol Business News

Jet Airways employees seek Prime Minster#39;s intervention to solve their woes

All India Jet Airways Officers amp; Staff Association (AIJAOSA), that’s representing the employees of beleaguered Jet Airways wrote a letter seeking the intervention of Prime Minister Narendra Modi, to resolve the ensuing crisis at the debt-laden airlines.

Reminiscing old days, crestfallen Jet Airways employees clinging on to hope

While a growing Indian aviation market means that there are jobs on offer, the prospect is not as bright for everyone in the airline.
Moneycontrol Business News

Reminiscing old days, crestfallen Jet Airways employees clinging on to hope

While a growing Indian aviation market means that there are jobs on offer, the prospect is not as bright for everyone in the airline.

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