Stock Market News Updates Today: Earlier today, Sensex hit a record high of 51,804 and Nifty hit a lifetime high of 15,243

Air India presently has third-largest (9.4 per cent) traffic share in the domestic markets. Tata Group-owned airlines - AirAsia India and Vistara - were fifth and sixth largest with 7.1 per cent and 6.4 per cent market share, respectively

The government is selling its entire 100 per cent stake in Air India that has been in losses ever since its 2007 merger with domestic operator Indian Airlines

Tata group, Reliance Industries, Adani Group, JSW and Vedanta are among others in race for lucrative assets, including start-ups

Cathay, which has stored around 40% of its fleet outside Hong Kong, said on Monday it planned to operate less than 50% of its pre-pandemic capacity in 2021

The passengers will be flown on a Qantas Boeing 787 Dreamliner aircraft for a seven-hour sightseeing journey covering panoramic Aussie attractions such as Gold Coast, Queensland, New South Wales, and the country's isolated outback heartlands

Sangeeta Pendurkar has turned around pantaloons fashion, after six years of stagnation

Billionaire Mukesh Ambani-led Reliance Industries on Thursday became the first Indian company to hit a market capitalisation of $200 billion, helped by a strong rally in its share price; The Ministry of Finance has formed a three-member expert committee to assist the government in assessment of providing relief to bank borrowers in these tough times; Singapore Airlines Ltd said t would cut 4,300 positions, or around 20% of its staff, due to the debilitating impact of the coronavirus pandemic on demand. Watch this and more news on News Blast.Also Read: Homebuyers take note! SBI announces special offers on home loans; know details here

Zomato raises $160 million from Tiger Global, Temasek; plans to go public in 2021Indian food delivery startup Zomato has raised $160 million from American investment firm Tiger Global Management and Singapore-based Temasek's MacRitchie Investments at a valuation of $3.3 billion. The Gurugram-based company secured funds at a time when the industry has been badly impacted by coronavirus pandemic-led lockdown.Reliance Industries becomes first Indian company to hit $200 billion market capBilliona...

Funding and financial discussions would take place once the due diligence process is over. Tata Group is currently focussing on the viability of the deal

Coronavirus India live updates: The Supreme Court (SC) will reopen its court premises and resume work from the courtrooms from next week. However, the lawyers will argue cases from their chamber, said sources. The total count of confirmed COVID-19 cases jumped to 70,756 on Tuesday, as per the Union Health Ministry

Lockdown relaxation in India state-wise: The national capital has reported 78 new COVID-19 cases and 2 more deaths in the past 24 hours, confirmed Delhi Health Department

Coronavirus Crisis Live Updates: Trump said that US has \"purchased many Ventilators from some wonderful companies. Names and numbers will be announced later today!\"

The passenger travel industry has been decimated by the coronavirus pandemic, with Australia's Flight Centre Travel Group Ltd announcing plans to cut 6,000 travel agent roles globally, either temporarily or permanently

So far the Indian government has been sourcing millions of testing kits from Germany to facilitate testing to diagnose Coronavirus patients PAN-India

Ratings agency Moody's estimated global capacity would fall by 25 percent to 35 percent this year

This move would result in its grounding 138 of 147 planes at Singapore Airlines and regional arm SilkAir and 47 of 49 planes at low-cost carrier Scoot

\"Which company would not be interested in evaluating a sovereign airline of the country,\" said Vistara chairman on being asked whether Vistara was interested in Air India

Centre will likely set aside about 98 crore shares under ESOP; detailed terms and conditions of ESOP will be provided at the request for proposal stage

Air India Divestment: As a part of disinvestment, 100% equity stake in Air India with its 100% equity stake in AIXL and AI's 50% equity stake in AISATS is being sold by the Centre