The government decision to lock-in investments of all investors, including existing ones, holding more than 100 shares in Yes Bank may create room for a legal tussle, with analysts suggesting that minority shareholders of the private sector bank could approach the courts against this differential treatment. ...
Minister for Civil Aviation Hardeep Singh Puri on Saturday said coronavirus scare may lead to 15-20 per cent drop in domestic air traffic but India would overcome the challenge and see robust growth in the civil aviation sector....
The government on Saturday notified the scheme of reconstruction for cash-strapped Yes Bank Ltd, paving the way for the lender to resume full operations. ...
Bill Gates, the world's second-richest person, has announced that he was stepping down from the board of directors of Microsoft, the company he co-founded in 1975 with the late Paul Allen....
Registering the biggest ever recovery in the Indian stock markets, the Sensex and Nifty rose over 3 per cent on Friday afternoon...
With COVID-19 crisis escalating by the day impacting market and business sentiments, the government has extended the date for submitting the bids for buying 100 per cent stake in national carrier Air India by almost a month and half to April 30. ...
In a bid to calm nerves in stock markets, security market regulator SEBI on Friday said it is prepared to take 'suitable' action along with the exchanges when required. ...
Facing pressure on their cash flows in the wake of flight cancellations by airlines due to novel coronavirus (COVID-19) pandemic, private airport operators have pitched for putting a moratorium on revenue share for at least three months and levy a fee on air tickets to cover the expenses made towards deploying additi...
Freefall in the Indian stock markets resumed on Friday as both Nifty50 on the National Stock Exchange and the BSE Sensex hit their lower circuit and trading was halted for the next 45 minutes....
US stocks extended losses on Thursday with the Dow plunging more than 2,300 points, or about 10 percent, at the close amid coronavirus fears. ...