NEW DELHI: Budget airline SpiceJet has entered into a Memorandum of Understanding (MoU) with Avenue Capital Group, New York for financing, acquisition and sale and lease-back of new planes.

NEW DELHI: Finance Minister Nirmala Sitharaman has suggested that the New Development Bank (NDB) facilitate private sector participation and explore more innovative financing structures.

MUMBAI:The BSE Sensex surged over 800 points tracking a rise as traders returned to the market after three days. Rise in the Asian markets also supported the domestic indices, analysts said

NEW DELHI:Credit Suisse and Nomura Holdings have flagged concerns of significant losses after a major US-based hedge fund defaulted on margin calls made last week, following which shares of the two financial institutions slumped on Monday.

NEW DELHI: The slide in global crude oil prices below $60 a barrel mark on Monday gave hope for a similar fall in domestic petroleum prices.

NEW DELHI: The much-anticipated initial public offering (IPO) of Life Insurance Corporation of India (LIC) can bring in Rs 1 lakh crore for the government, said the Chief Economic Adviser (CEA) K.V. Subramanian.

NEW DELHI: The Wave Mega City Centre (WMCC) Private Limited, the company that was developing a mega commercial-cum-residential project in Noida, has filed an application before the National Company Law Tribunal (NCLT) to initiate voluntary corporate insolvency resolution process (CIRP) to protect the interests of hundreds of buyers in the project, who are left stranded after an unreasonable decision of the Noida Authority.

CHENNAI: Union Finance Minister Nirmala Sitharaman released the election manifesto of the BJP for the April 6 Puducherry Assembly polls on Friday with a slew of welfare measures and promising creation of 2,50,000 jobs for the youth.

NEW DELHI: Participating in a debate on the Finance Bill 2021 in the Rajya Sabha on Wednesday, Deepender Singh Hooda, the Congress MP from Haryana, targeted the economic policies of the Central government and said the Centred had pinned the blame of economic failures on Covid-19 pandemic.

NEW DELHI: Consumers can heave a sign of relief as oil marketing companies (OMCs) have finally relented and reduced the retail price of petrol and diesel after keeping them steady for past 24 days.

NEW DELHI:Fuel prices in the country have remained steady for over three weeks now as softening crude and Assembly elections in four states and one union territory has kept Oilcos from revising the retail prices.

NEW DELHI: The joint venture of Tata Consulting Engineers Limited, Consulting Engineers Group, Aarvee Associates Architects Engineers and Consultants Private Limited, PADECO Company Ltd has emerged as the lowest bidder for the financial bids for the work 'Project Management Consultancy Services' for the construction of civil works packages for 508 km Mumbai-Ahmedabad High Speed Rail (MAHSR) Project'

NEW DELHI: Transmission utility Power Grid Corporation of India Ltd (Powergrid) is set to acquire 74 per cent stake in Jaypee Powergrid Ltd-JV (JPL) for an undisclosed amount.

NEW DELHI: The Supreme Court on Thursday accepted the standard operating procedure (SOP) statement prepared by SBI Funds Management for disposal of assets to unit holders in six Franklin Templeton debt schemes frozen on April 23, 2020.

NEW DELHI: Andhra Pradesh Industries Minister Mekapati Goutham Reddy on Thursday requested Containers Corporation of India (ConCor) Chairman and Managing Director V. Kalyanram to set up a container manufacturing unit in the state.

NEW DELHI: Fuel prices in the country have remained steady for over a fortnight now as softening crude and upcoming elections in several states later this months has kept Oil companies from revising the retail prices.

NEW DELHI: Vedanta Resources has launched an open offer for the shareholders of Vedanta Limited at a price of Rs 235 per share, 4 per cent higher than the current price. The total consideration for the offer is Rs 15,300 crore.

NEW DELHI: The Union Cabinet on Tuesday cleared a budgetary proposal to set up a dedicated infrastructure lender.

NEW DELHI: In a strong counter to Congress leader Rahul Gandhi's criticism of the government's privatisation policy, Union Finance Minister Nirmala Sitharaman said on Tuesday that the previous UPA regime was the epitome of corruption, which privatised taxpayers' money besides nationalising corruption.

NEW DELHI:Fuel prices in the country have remained steady for over a fortnight now even though global oil market remains volatile with regular variations in prices.

NEW DELHI: India and US have agreed to work closely through common economic and strategic collaboration in various multilateral fora, including the G20.

NEW DELHI: Banking services are likely to be affected across the country as lakhs of bank employees went on a two-day strike from Monday protesting the privatisation of two public sector banks and 'retrograde' banking reforms.