PESB leaves next IOC chief’s choice to oil min
NEW DELHI: The government headhunter, PESB, on Tuesday interviewed 10 candidates for the post of IndianOil Corporation chairman but did not recommend anyone. Instead, it “advised” the oil ministry to ...
India’s April merchandise and services trade deficit at 21-month low
NEW DELHI: India's merchandise and services trade deficit narrowed to a 21-month low in April as imports dropped partly due to some slackening in demand for discretionary items and oil in the Asian ec ...
Sebi proposes delisting mechanism for non-convertible debt securities
NEW DELHI: Capital markets regulator Sebi has proposed a mechanism for the voluntary delisting of non-convertible debt securities.Under the mechanism, an entity should not be permitted to delist a few ...
Adani to raise Rs 21,000 crore from share sale in two group companies
NEW DELHI: Billionaire Gautam Adani's group will raise Rs 21,000 crore (over $2.5 billion) through share sale in two group companies in the boldest comeback strategy after the ports-to-energy conglome ...
Hindustan Aeronautics posts first drop in profit in 10 quarters
BENGALURU: Hindustan Aeronautics Ltd (HAL) on Friday, reported its first decline in profit in 10 quarters, hurt by higher input costs and tax expenses.HAL's consolidated net profit fell nearly 9% to 2 ...
No plans to file for insolvency: SpiceJet
BENGALURU: Indian low-cost carrier SpiceJet Ltd on Thursday said it had no plans to file for insolvency, quelling fears of a spillover from rival Go Airlines (India)'s voluntary bankruptcy admission." ...