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Foreign investors pull out over Rs 17,000 crore from Indian debt market in June

Overseas investors have pulled out over Rs 17,000 crore (nearly $3 billion) from the Indian debt market in just a fortnight due to weakness in the rupee.

Ministries raise concerns over Jet-Etihad deal: report

Jet Airways and Etihad Airways may have to re-work the ownership structure proposed in the Rs 2,058 crore deal with key ministries including Civil Aviation and Corporate Affairs raising concerns over ...

IndiGo announces daily Mumbai-Muscat flights

IndiGo airlines has announced introduction of new daily non-stop flights connecting Oman's capital Muscat to Mumbai from June 16.

Investors welcome Narayana Murthy's comeback; concern over performance

Infosys shareholders on Saturday welcomed the re-appointment of company's co-founder N R Narayana Murthy as executive chairman, but expressed disappointment over the firm's performance.

Rebuilding a 'desirable' Infosys will take 36 months: Narayana Murthy

Recalled to ride out the bad times for Infosys, its chairman N R Narayana Murthy said on Saturday that the "daunting" task of rebuilding a "desirable Infosys" would take at least three years and there...

Petrol price hiked by Rs 2 a litre due to weak rupee

Petrol price was hiked on Saturday by a steep Rs 2 a litre, the second increase in rates this month, as devaluation of rupee against US dollar made imports costlier.

Reliance Industries, SBI pay higher advance tax for Q1

State Bank of India (SBI) and Reliance Industries Ltd (RIL), two of the highest tax payers in the financial capital, on Saturday showed an increase in their first quarter advance tax outgoes.

Rebuilding Infosys to take 36 months: Narayana Murthy

Newly appointed executive chairman of Infosys N R Narayana Murthy on Saturday told shareholders that the task of rebuilding Infosys will take at least 36 months, even with a high quality team and the ...

Spain's CIE Automotive to take majority stake in Mahindra's auto parts unit

Spain's CIE Automotive SA will buy a majority stake in the combined auto component unit of India's diversified Mahindra Group for about $116 million to get access to new markets and supply networks.

Maruti Suzuki drives in CNG Ertiga at Rs 6.52 lakh

The country's largest car maker Maruti Suzuki India launched on Saturday a CNG variant of its multi-purpose van 'Ertiga' priced up to Rs 7.30 lakh (ex-showroom Delhi).

Jet-Etihad deal: Ridiculous to suggest Gulf carriers as security threat, says minister

In an exclusive interview with NDTV, Aviation Minister Ajit Singh rubbished allegations that the government of India was doling out special favours to Jet Airways.

Mahindra to buy 13.5 per cent stake in Spain's CIE Automotive

Mahindra & Mahindra Ltd, India's largest sports utility vehicle maker, said on Saturday that it has agreed to acquire a 13.5 per cent stake in Spain's auto components maker CIE Automotive SA for 94.24...

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