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The Hindu Business News

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70% of fleet will be airborne in a month, Jet assures govt.


CEO, CFO meet Aviation Ministry and DGCA officials

Click here to Read full Details Sources @ https://www.thehindu.com/business/Industry/70-of-fleet-will-be-airborne-in-a-month-jet-assures-govt/article26646717.ece

Indices gain over 1% mirroring global trend


FPIs’ net buy at ₹1,000 cr.; rupee gains

Click here to Read full Details Sources @ https://www.thehindu.com/business/indices-gain-over-1-mirroring-global-trend/article26646664.ece

Jet Airways gears up to restore suspended flights


Plans to re-induct 1-2 planes daily

Click here to Read full Details Sources @ https://www.thehindu.com/business/jet-airways-gears-up-to-restore-suspended-flights/article26646643.ece

Oberoi Hotels to highlight new logo via campaign


‘Brand re-discovery after guest survey’

Click here to Read full Details Sources @ https://www.thehindu.com/business/oberoi-hotels-to-highlight-new-logo-via-campaign/article26646634.ece

‘Shift to formal trade slower than expected’


GST focused on ease of doing business, but procedural issues made transition phase tough: report

Click here to Read full Details Sources @ https://www.thehindu.com/business/shift-to-formal-trade-slower-than-expected/article26646629.ece

Will Naresh Goyal stage a comeback?


A pact with Jet’s lenders allows him to participate in the auction, but will he have financial backing?

Click here to Read full Details Sources @ https://www.thehindu.com/business/Industry/will-naresh-goyal-stage-a-comeback/article26646530.ece

Mindtree not to go ahead with share buy-back


Panel to examine L&T’s open offer

Click here to Read full Details Sources @ https://www.thehindu.com/business/Industry/mindtree-not-to-go-ahead-with-share-buy-back/article26646353.ece

L&T makes an open offer to buy 31% stake in Mindtree for ₹5,030 cr.


Acquisition aligned with strategy to boost revenue, profit of asset-light services

Click here to Read full Details Sources @ https://www.thehindu.com/business/Industry/lt-makes-an-open-offer-to-buy-31-stake-in-mindtree-for-5030-cr/article26646347.ece

RBI receives aggressive bids, infuses ₹34,500 cr. liquidity


Bids for swap auction thrice as much as what was on offer

Click here to Read full Details Sources @ https://www.thehindu.com/business/Economy/rbi-receives-aggressive-bids-infuses-34500-cr-liquidity/article26646344.ece

‘Let Finance Commission function the way it does now’


No need to tamper with its structure, says former RBI chief

Click here to Read full Details Sources @ https://www.thehindu.com/business/Economy/let-finance-commission-function-the-way-it-does-now/article26646340.ece

Laurus Labs in pact with The Global Fund


Drug maker Laurus Labs has entered into a strategic partnership agreement with The Global Fund, a three-and-a-half-year pact that will fetch the compa

Click here to Read full Details Sources @ https://www.thehindu.com/business/laurus-labs-in-pact-with-the-global-fund/article26646231.ece

ITC sells John Players brand to Reliance Retail


Move part of rejig plan for lifestyle retailing business

Click here to Read full Details Sources @ https://www.thehindu.com/business/itc-sells-john-players-brand-to-reliance-retail/article26646203.ece

Rupee rises 10 paise to 68.86 against U.S. dollar as RBI swap auction elicits strong response


Under the rupee-dollar swap auction conducted on March 26, the RBI received bids for $16.31 billion, against the notified amount of $5 billion.

Click here to Read full Details Sources @ https://www.thehindu.com/business/markets/rupee-rises-10-paise-to-6886-against-us-dollar-as-rbi-swap-auction-elicits-strong-response/article26644860.ece

Gold falls on weak global cues, lacklustre demand


Gold shed ₹50 to ₹33,170 per 10 gram on Tuesday in line with subdued trend overseas and muted demand from local jewellers, according to the All India

Click here to Read full Details Sources @ https://www.thehindu.com/business/markets/gold-falls-on-weak-global-cues-lacklustre-demand/article26644530.ece

Sensex zooms 425 points on global rebound; Nifty above 11,450


Benchmark Sensex rebounded about 425 points to end well above the 38,000-mark on Tuesday, breaking its two-day falling streak on gains in heavy-weight

Click here to Read full Details Sources @ https://www.thehindu.com/business/markets/stock-markets-at-close-march-26-2019/article26643885.ece

NCLAT stays DoT’s show cause notices to RCom for cancellation of spectrum licence


The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the two notices issued by the Department of Telecom (DoT) to debt-ridden Relian

Click here to Read full Details Sources @ https://www.thehindu.com/business/Industry/nclat-stays-dots-show-cause-notices-to-rcom-for-cancellation-of-spectrum-licence/article26643639.ece

Sensex recovers 77 points, Nifty inches closer to 11,400 on positive Asian cues


Sectoral indices, led by realty, oil & gas, metal, PSU and power, were trading in the green with gains of up to 1.39 per cent.

Click here to Read full Details Sources @ https://www.thehindu.com/business/markets/sensex-recovers-77-points-nifty-inches-closer-to-11400-on-positive-asian-cues/article26640946.ece

Rupee rises 15 paise to 68.81 against US dollar in early trade


The weakening of the US dollar against some currencies overseas and a higher opening in domestic equity market, supported the local unit, a currency dealer said.

Click here to Read full Details Sources @ https://www.thehindu.com/business/markets/rupee-rises-15-paise-to-6881-against-us-dollar-in-early-trade/article26640849.ece

U.S.-China trade war poses the biggest risk to global stability, says IMF official


‘Fiscal stabilisation needed to respond to economic shocks in Europe’

Click here to Read full Details Sources @ https://www.thehindu.com/business/us-china-trade-war-poses-the-biggest-risk-to-global-stability-says-imf-official/article26640563.ece

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