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 court allowed the writ petition filed by Adani Enterprises that claimed the LRs were issued \"without any notice and hearing the companies\" and \"no cognizance of any offence\" under the Customs Act 1962 has been registered till now by the DRI against the group firms

R S Goswami, President, Federation of Madhya Pradesh Chambers of Commerce and Industry, said that state government should focus on improving value chain, ease of doing business and single window clearance system to boost manufacturing clusters and help the sector compete with China, UK, Vietnam and South Korea

Container Corporation share price closed 2.61% or 15 points higher at Rs 594.60 compared to the previous close of Rs 579.50 on BSE. The stock has gained 5.64% in last two days.

The mining mogul believes that it may take \"20 years\" for an effective disinvestment to take place going by the Centre's ongoing plans to sell PSU assets company by company

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

Air India also assured its customers of smooth operations, saying it has taken all the measures in the eventuality of the two sides failing to reach an understanding on the issue.

The S&P BSE Sensex ended 645 points or 1.72% higher at 38,177, while NSE's Nifty50 index closed 187 points or 1.68% higher at 11,313 mark.

Keen to get multi-nationals in domestic fuel retailing to boost competition, the government is mulling selling most of its 53.3 percent stake in BPCL to a strategic partner

The Budget Estimates for 2020-21 will be provisionally finalised after the expenditure secretary completes discussions with other secretaries and financial advisers.

Corporate Affairs Secretary Injeti Srinivas further added that it might be necessary in cases where companies have heavily borrowed from banks.

While presently PSUs for strategic sale are identified by NITI Aayog, the tweak in policy has now brought DIPAM into the picture. DIPAM and NITI Aayog will now jointly identify PSUs for strategic disinvestment

While the Centre wants to offload its entire stake in four PSUs, it wants to sell 30% of its 54.80% share in Concor.