Saudi Aramco raises $25.6 billion in largest-ever IPOSaudi Arabia's state oil company Aramco raised $25.6 billion in its initial stock offering on Thursday. The amount raised has broken the record of Chinese online giant Alibaba's $25 billion-debut on the Wall Street in 2014. The market launch has spiked Saudi Aramco's value at $1.7 trillion. It is now way ahead of the other contenders in the trillion-dollar club.'I condemn this approach': FM Sitharaman says her onions remark take...

Air India reported a record loss of Rs 8,556.35 crore in 2018-19, compared to net loss of Rs 5,348.18 crore reported for 2017-18, says aviation minister Hardeep Singh Puri

The RSS affiliate opposed PM Modi-led govt's disinvestment plan, calling for a new comprehensive policy that defines the role of public sector enterprises and their worth in making India more stronger

More than half of India's coal-fired power plant units ordered to retrofit equipment to curb air pollution are already set to miss the deadline

The SBI report has also cut GDP forecast for FY20 to 5 per cent from 6.1 per cent earlier, but expects growth rate to pick up pace in FY21 to 6.2 per cent

While the government is planning to invite bids for Air India next month, its employee unions on Wednesday decided to oppose it, saying there is no clarity regarding salary arrears and pensions

Qatar Airways CEO Akbar Al Baker added that he is interested in buying a stake in IndiGo but this is not the right time as issues among its promoters are yet to be resolved

The two countries noted that their relationship has strengthened over time as both sides have developed a holistic approach on tackling money laundering and combating the financing of terrorists

Flagged by CAG in 2013, tax losses due to certain investments by Tata Trusts came to limelight once again when Cyrus Mistry was ousted from the office of chairman by the Tata Sons board in 2016

Large metro airports are suffering from bad planning, but operators can still fix the problems

In its meeting on Monday, the core group of secretaries from ministries of finance, corporate affairs and law are expected to discuss the next step in drafting the EoI for stake sale in Air India

The Expression of Interest document to invite bids is being given final touches. Bidding for the debt-laden national carrier will be conducted through a newly-developed e-bidding system

Air India owes the three firms over Rs 5,000 crore in past fuel bills and had first in June and again in September agreed to pay this amount in monthly installments of Rs 100 crore

The development has happened at a time when GVK is trying to get new investors on board as part of the debt restructuring plan.

World Bank cuts India's growth projection to 6% from 6.9%After a broad-based deceleration in the initial quarters of this fiscal year, India's growth rate is projected to fall to 6 per cent, the World Bank said on Sunday. In 2018-19, the growth rate of the country stood at 6.9 per cent. However, the bank in its latest edition of the South Asia Economic Focus said the country was expected to gradually recover to 6.9 per cent in 2021 and 7.2 per cent in 2022. Amid lockdown, PM ...

The A320 pilots who recently left Air India are sure that they will get jobs elsewhere as the market is currently open. Presently, IndiGo, GoAir, Vistara and Air Asia have A320 planes in their fleets

Bullish on India's growth story particularly after a series of stimulus measures announced by Finance Minister Nirmala Sitaraman, Ruia said the Essar group will start the investment cycle after its deleveraging exercise is completed