Business and Finance

Airlines in India to operate 23,403 domestic flights during winter schedule

IndiGo seems to have the largest share of this pie with it set to operate 10,310 flights.

SEBI tightens rules on resignation of auditors from listed companies

SEBI has said if the management of a listed company hampers the audit process, the auditor should approach the chairman of the audit committee of the company.

HDFC Bank clarifies on viral stamped passbook pic, says only following RBI guidelines

The stamp on the HDFC Bank passbook had read that in case of liquidation of the bank, account holders will only get Rs 1 lakh, which caused panic among many customers.

Bank employee unions to go on strike on October 22 against PSB mergers

Most of the public sector banks have said that banking services will be affected during the strike.

Reliance Jio’s net profit up 45% at Rs 990 crore in Q2 FY19

However, Jio’s average revenue per user (ARPU) fell for the seventh straight quarter.

IndiGo promoters’ spat: Rahul Bhatia moves US courts in arbitration against Gangwal

The gentlemen are currently residents of Florida and Maryland respectively in the US.

FM promises more economic reforms before end of fiscal

Nirmala Sitharman allayed any fears of the fiscal deficit climbing back up due to the revenue cuts the government is taking by announcing concessions.

Rural demand for consumer goods at seven-year low: Nielsen

In terms of the value of products sold on a quarter to quarter basis, the figure this year — 7.3% — was less than half of the 16.2% clocked last year

Fin Min Nirmala Sitharaman hits out at ex PM Manmohan Singh over state of economy

The FM was responding to former PM Manmohan Singh and said that things went wrong during the period when he was the Prime Minister and Raghuram Rajan the RBI Governor.

DGCA lowers domestic air passenger growth forecast to 4-6%

The new projection comes after September's passenger traffic data showed a dismal growth of 1.18 per cent over the corresponding month of last year.