Business

Sensex climbs over 960 pts after exit polls

ABS

Mumbai, The Indian equity indices opened on a firm note on Monday after most exit polls showed a BJP-led NDA getting a comfortable majority in the now concluded general elections. The Sensex advanced over 960 points during the early trade …

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Election results to determine market moves

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Mumbai, Exit polls along with the final verdict of the 2019 general elections will keep the equity investors on tenterhooks in the coming week, experts said. Accordingly, the seven-phase long 2019 general elections will conclude on Sunday. Subsequently, exit polls …

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India needs few mega banks to compete globally: CEA

Krishnamurthy SubramanianNew Delhi, Batting for PSU banks’ consolidation, chief economic advisor Krishnamurthy V Subramanian has said having a few good banks is a good idea as they can compete and their quality can get enhanced to compete globally with the …

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McDonald’s reopens 13 restaurants in Delhi

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New Delhi, Connaught Plaza Restaurants Private Ltd (CRPL), now wholly-owned by food service retailer McDonald’s, has re-opened 13 of its restaurants in Delhi starting 11 a.m on Sunday, a statement by McDonald’s said. These are the first McDonald’s restaurants to …

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32 flights diverted from IGI Airport due to inclement weather

New Delhi, Inclement weather on Friday disturbed air traffic at the IGI Airport here. Heavy wind conditions disturbed the arrival of scheduled flights in two instances — from 4.30 p.m. to 5.30 p.m. and from 9 p.m. to 10 p.m. …

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Airtel Rs 25k-cr rights issue over-susbscribed

New Delhi,  Airtel on Friday said its Rs 25,000 crore rights issue has been over-subscribed based on the preliminary information on the subscription by Friday eveneing, the last date of closing the issue. “The Company would like to bring to …

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Setback for IndiGo, Jet’s unused flight quota to be shared equitably

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New Delhi, Unimpressed by IndiGo’s suggestion to allot grounded Jet Airways’ unused slots in proportion to the fleet size of rival carriers, the government has decided to give higher seat quota on foreign routes to the carriers launching flights on …

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BSNL expects liquidity position to improve in Q2

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New Delhi, After facing cash crunch for some months, state-run Bharat Sanchar Nigam Limited (BSNL) is expecting normalcy in cash flows in the second quarter (July-September) of FY20, according to the BSNL Director (Finance) who blamed the “predatory pricing” for …

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