RBI lifts cap on FPI investments in corporate bonds

RBI lifts cap on FPI investments in corporate bonds

Saturday, 16 February 2019 | PTI | Mumbai

The Reserve Bank of India (RBI) Friday withdrew the 20 per cent limit on investments by FPIs in corporate bonds of an entity with a view to encourage more foreign investments. As part of the review of the FPI investment in corporate debt undertaken in April 2018, it was stipulated that...

AirAsia India offers 20% discount on fares across flights

AirAsia India offers 20% discount on fares across flights

Friday, 15 February 2019 | PTI | Mumbai

Low-cost carrier AirAsia India Friday announced an up to 20 percent discount on its ticket prices for travel across its flights as well as AirAsia network for a limited period sale offer. The seven day offer commences from February 18 for travel between February 25 and July 31, AirAsia India said...

India to surpass China as world's largest energy growth market: BP

India to surpass China as world's largest energy growth market: BP

Friday, 15 February 2019 | PTI | New Delhi

India will by mid-2020s surpass China as the world's largest energy growth market, accounting for over a quarter of incremental global demand, UK supermajor BP said in its annual energy outlook. The 2019 edition explores the key uncertainties that could impact the shape of global energy markets out to 2040. "The...

Ashwani Lohani takes charge as Air India CMD

Ashwani Lohani takes charge as Air India CMD

Friday, 15 February 2019 | PTI | New Delhi

Retired technocrat Ashwani Lohani took charge as the chairman and managing director (CMD) of Air India on Friday. He took the charge in presence of recently appointed Civil Aviation Secretary Pradeep Singh Kharola and senior officials of the national carrier. This is Lohani's second tenure as Air India chief. The Appointments Committee of...

Sensex falls over 100 pts in early trade; ONGC rallies 6 pc

Sensex falls over 100 pts in early trade; ONGC rallies 6 pc

Friday, 15 February 2019 | PTI | Mumbai

Market benchmark BSE Sensex fell over 100 points in early trade Friday on selling in healthcare, metal, banking and auto stocks amid sustained foreign fund outflow and rising global crude prices. Also, a weak trend in other Asian bourses weighed on domestic investor sentiment. The 30-share Sensex was trading 88.01 points, or...

Jet Airways Q3 net loss at Rs 587.77 cr

Jet Airways Q3 net loss at Rs 587.77 cr

Friday, 15 February 2019 | PTI | New Delhi

Struggling carrier Jet Airways Thursday reported a standalone net loss of Rs 587.77 crore for the third quarter ended December 31. The company had posted a standalone net profit of Rs 165.25 crore in the same quarter previous fiscal, Jet Airways said in a regulatory filing. The carrier said revenue from operations...

Jet Airways board approves debt resolution plan; lenders to have largest share

Friday, 15 February 2019 | PTI | Mumbai

Cash-strapped Jet Airways on Thursday said its board has approved bank-led resolution plan (BLRP), entailing conversion of lenders’ debt into equity, making them the largest shareholder in the airline. The provisional restructuring plan (BLPRP) has been carried out by lenders, led by State Bank of India, under the Reserve Bank of...

RBI imposes Rs 3.5 crore penalty on 3 PSU banks

Friday, 15 February 2019 | PTI | Mumbai

The Reserve Bank on Thursday said it has imposed  Rs 3.5 crore penalties on three public sector banks, including PNB and OBC, for violation of various banking norms. The monetary penalty on the banks has been imposed for non-compliance with various directions issued by the RBI on monitoring of end use...

State Editions

Dowry case: Woman gets triple talaq on WhatsApp

21 February 2019 | PNS | Bhopal

Assembly witnesses ruckus as Opp raises issues

21 February 2019 | Staff Reporter | Bhopal

In brief

21 February 2019 | PNS | Bhopal

Nath asks Opp to wait till March 5

21 February 2019 | Staff Reporter | Bhopal

Cong MLA Deepak Saxena resigns as Chhindwara MLA

21 February 2019 | Staff Reporter | Bhopal

Sunday Edition

27 more hotels to shut in Karol Bagh in Delhi

17 February 2019 | PTI | Sunday Pioneer

Tech Mahindra board to meet on Feb 21

17 February 2019 | PTI | Sunday Pioneer

HCSL begins construction of new yard

17 February 2019 | PTI | Sunday Pioneer

Apollo Hospital offers to treat free injured CRPF troopers

17 February 2019 | PNS | Sunday Pioneer